Geronimo Richle, a client of our partner Crediflorida, lives in a remote area two hours outside of La Merced, Peru, where he grows coffee and runs a subsistence farm, which includes dairy cows, pigs, horses and guinea pigs. He lives with his wife, Fryda, and nine year old son, Jeff. He also currently serves as president of the Crediflorida cooperative board.
Thanks to technical assistance and microloans from Crediflorida, Geronimo was able to increase his coffee crop yields over the last two years from 15 to 60 sacks—an increase of 300 percent. Because Crediflorida’s coffee is also fair-trade certified, member producers including Geronimo can obtain better pricing for their product. The combination of technical assistance, access to specialized markets, and access to loans has also benefitted other aspects of Geronimo’s life.
For example, his now stable and increased income enables Geronimo to rent a house close to a hospital so that his son, who has a chronic medical condition, can easily receive medical attention. Geronimo can also proceed with plans to expand his business to include organic cheese production.