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EthicHub Collaborates with Esteemed NGO to Launch Third Originator Hub in Mexico

NFT, crypto
Published 1 year ago
ID #2019
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EthicHub Collaborates with Esteemed NGO to Launch Third Originator Hub in Mexico
NFT, crypto,
Published 1 year ago

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EticHub, a blockchain-based crowdlending platform, has announced a partnership with Heifer International, an NGO, to provide funding for small coffee farmers in the state of Chiapas. 

The collaboration will establish the implementation of a pilot project with Anepaan O' Deput, a cooperative that brings together more than 400 small-scale coffee producers located in the municipality of Angle Albino Corzo, in the Mexican state of Chiapas.

The project aims to provide financial support to small coffee farmers who have been impacted by the Covid-19 pandemic, as they struggle to make ends meet due to a decline in global demand for coffee. EthicHub's innovative blockchain technology will enable investors to lend directly to these farmers, without the need for intermediaries. This will allow small coffee farmers to access much-needed funding at lower interest rates, which will ultimately help them to sustain their livelihoods and contribute to the economic development of their communities.

This is not the first time EthicHub has partnered with local organizations to support small coffee farmers in Mexico.

EthicHub has been involved in similar projects in Ecuador, Brazil, Honduras, and Peru. As part of its commitment to supporting vulnerable communities impacted by the pandemic, EthicHub has also implemented a compensation scheme to reimburse users who have suffered financial losses due to Covid-19. Through these initiatives, EthicHub is demonstrating its commitment to leveraging blockchain technology for social good and supporting the most vulnerable members of society.

EticHub HeiferInternational Chiapas coffee farmers blockchain technology crowdlending Covid19 pandemic financial support direct lending intermediaries interest rates economic development Ecuador Brazil Honduras Peru compensation scheme social good

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    NFT, crypto
    EticHub HeiferInternational Chiapas Coffee Farmers Blockchain