Lending approved for Mexican coffee co-operative Huatusco

Huatusco is a small town in the Veracruz region in the south of Mexico. The co-operative is very important to the local economy and has 43 producer groups with over 2,000 individual coffee farmers. 56 people are employed at the processing plant where the coffee cherries are washed, dried, bagged and transported to the Port of Veracruz.

The coffee farmers of Huatusco grow high quality arabica coffee and they aim to sell into the speciality market. However two large transnational coffee businesses are buying up most of the coffee in the surrounding area and the co‑operative is under pressure, especially when the market price of coffee is currently so high.

Shared Interest is providing Huatusco with an export credit facility so that the co-operative can pay its farmers in advance of the harvest.

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Mexican coffee farmer at work in the fields

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