Aldea el Socorro, Guatemala
NEED & IMPACT
This plantain farm expansion project will allow us to at least double our projected return on investment beyond our existing 23-acre farm. This venture has the potential to allow us to cover 100% of our in-country operating expenses at our Casa de Esperanza Micro Community in just two years. Rather than invest in more capital, our strategy is to rent property near our existing farm. Applying what we’ve learned from our first harvest, which yielded over 800,000 plantains, our plan is to refine our operational structure to be able to reach levels of supply that we believe will enable us to enter our own wholesale market rather than only serve as a provider. In addition, it is very costly to uproot the plantains from the existing farm to diversify crops, so we would also use this expansion to begin to test small portions of other crops such as watermelon and papaya.