FINANCING PROJECT FOR THE SEASON 2019-2020
As a result of the political, social and economic crisis in Nicaragua, the local banks and financing intermediaries have reduced in more than a 90% the access to credit and of course the international coffee prices in the C market is not helping.
We have established an alliance with Mercapital a company part of the coffee Mercon Group, in order to provide financing to our supply chain of specialty coffee. On that sense, on june 15th we had a meeting with the producers to explain how the financing will work and the benefits of our business relationship with them, from our point of view we are just the link between them and their finest coffees and the best coffee roasters around the world.
This is a very simple example that it is possible to combine efforts between large trading houses and small companies such as Maku Coffee.