FARM EXPANSION

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STATUS

Awaiting Funding

COST

$55,000 USD

IMPACT

$40,000 Annual Net Profit

LOCATION

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 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 the 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 in order to reach levels of supply to enter the 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 use this expansion to begin to test small portions of other crops such as watermelon and papaya.

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