EthicHub will make its funding platform available to small coffee farmers in Honduras

The Cooperativa Cafetalera Diseà adores de Café s Especiales – COCADICAFE is the first node of origin in Honduras to channel EthicHub’s international funding to small communities of coffee farmers. This was reported to Cointelegraph in Spanish through a statement.

From now on, many small coffee producers in Honduras can benefit from new financial instruments that are much cheaper and more accessible, as is already being done in other countries such as Mexico or Brazil. , they showed.

EthicHub and COCADICAFE have reached an agreement that the latter will become the first node of origin in Honduras, with the aim of meeting the financial needs of small coffee-growing communities. COCADICAFE will be responsible for uploading projects to the EthicHub platform and ensuring the proper use of credits and the implementation of good environmental practices among its producers.

EthicHub will make its funding platform available to small coffee farmers in Honduras
EthicHub will make its funding platform available to small coffee farmers in Honduras

The Cooperativa Cafetalera Diseña adores de Cafà © s Especiales (COCADICAFE) is a company in the social sector of the economy, based in El Níspero, Santa Bárbara, Honduras, and consists of coffee producers who work for Cajas de Savings and Credit in. The municipalities of El Náspero, Arada, Gualala, San Nicols, Santa Bárbara as well as San Rafael and La Unión in the department of Lempira are organized.

COCADICAFE’s President, Mr Domingo Rosales Amaya, who will be the visible head of the new Honduran Node of Origin, said the opportunity to work with EthicHub will bring great benefits to coffee producers. in the production and quality of the crop.

“With low interest rates, the producer achieves a better fertilization plan, better absorption of the grain in the grapes of the coffee trees, ideal drying,” he remarked.

Five producers of the cooperative will take part in the pilot project and work on the collection, selection, washing and drying of the coffee will be financed in the same year 2021.

For Gabriela Chang, co-founder of EthicHub, the founding of Honduras is an example of that “EthicHub has a global calling”. and that we are looking for funding for communities in Mexico and Brazil? are now also present in Honduras? and he hopes to keep bringing the platform to other countries and cultures.

“Unfortunately, the problem we are solving is repeating itself in many parts of the world,” he commented.

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