STORY

Innovation Leads to Improved Financial Practices Among Guatemalan Producers

September 14, 2023

In Guatemala, loan service professionals like Wilmer Loayes and Luis Loarca are introducing innovative tools and investments that provide loans more efficiently through the Federación Nacional de Cooperativas de Ahorro y Crédito (MICOOPE). Counterpart, through our USDA-funded Food for Progress program, works in collaboration with MICOOPE, who are playing a pivotal role in promoting healthy financial practices within rural Guatemalan communities. They achieve this by providing loans for specific client needs, particularly those in the agricultural sector. Watch the video below to learn how our partner MICOOPE is committed to helping local farmers and producers succeed and grow their business ventures.  

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