Our family has a unique holiday tradition: every year in December, we lend money to a fellow farmer through Kiva. These crowdfunded loans help small farmers to expand their businesses, particularly when it may be difficult for them to secure funding from commercial banks. It brings us so much joy to help uplift others in … Continue reading Funding a Loan to a Farmer in Need (2024)
Tag: loan
It’s the season of giving! This year, we are continuing our annual tradition of funding a new Kiva loan to a fellow farmer. Normally, we encourage people to think locally when it comes to the food system, but in this case, we are supporting our global community of agricultural practitioners by making a contribution where … Continue reading Funding a Loan to a Farmer in Need (2023)
If you’ve been reading our blog for a while, you may remember our post from last year about Virgilio. He was the first farmer we ever lent to through Kiva, a platform that allows ordinary people like us to help folks with limited access to capital by crowdfunding micro loans to start or grow their … Continue reading Funding a Loan to a Farmer in Need (2022)
Let’s talk about a BIG issue that small farmers everywhere are confronted with: access to capital. In the United States, starting a farm generally costs hundreds of thousands of dollars (for acquisition of land, equipment, inputs, etc.) But agriculture is a business that just doesn't bank well. It's a cash intensive business, with low return … Continue reading How We’re Helping Small Farmers Gain Access to Capital