New credit options for the coffee sector.
With the aim of providing a new credit option to coffee producers and joining forces between, Financiera Fondo de Desarrollo Local (FDL) and the trading company Sajonia Estate Coffee SA, a strategic alliance was signed.
"The radius of action that has been established covers the departments of Matagalpa and Jinotega, which, as we know, are considered" coffee zones, "from these points producers will be served through our extensive branch network in these departments," said Julio Flores. Coca, General Manager of Financiera FDL.
This new credit option for coffee producers represents another opportunity for growth and improvement. For José Maria Lopez Dávila, producer of the municipality of La Dalia in Matagalpa, it is gratifying to know that "our guild is being increasingly recognized, especially because they are giving us the necessary opportunities to move forward, it is not something new for me that FDL be one of the institutions involved in this, since it always seeks the improvement of its customers ".
"In this area, over the last 5 years we have placed US $ 46.4 million dollars to more than 26 thousand clients. For us as an institution, this fills us with pride and joy as we contribute every day to the development and growth of families in Nicaragua "added Flores Coca.
For his part, Manfred Günkel, General Manager of Sajonia Estate Coffee SA, said that "this Alliance of FDL, Nitlapan and Sajonia Estate Coffee will solve the small producer's needs in an integral way, obtaining financing, technical advice and an attractive market that will point to obtain quality coffee. I have the confidence, faith and hope that this strategic alliance will be a success ".
Through this new agreement, Financiera FDL intends to reduce the credit risk for the reimbursement of the financing destined to said production..
Managua, January 24, 2018.