Diversification of our lending

We have further diversified the products our lending supports to mitigate against risk exposure in coffee. Subsequently, coffee lending reduced by 4%, and we increased the number of honey producers we lend to by four (three in Mexico and one in Nicaragua) and also provided a line of credit for three new products within our lending portfolio: flowers (Kenya), coconuts (Ghana) and alpaca fibre (Peru).

Peru continues to play an important role within our lending portfolio, with payments totalling £18.4m to 51 customers based there, of which 35 are coffee or cocoa producers.  However, there has been a growth in new products such as palm hearts, gold, and asparagus.

You can view the full version of our Impact Report here

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