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Financial Training Strengthens a Coffee Coop

Triunfo Verde is a coffee farmer cooperative that grows organic, specialty-grade coffee in one of the world’s most diverse forest reserves in Chiapas, Mexico and exports it to fair trade buyers in the U.S.   Though Root Capital began lending to Triunfo Verde in 2006, under-developed financial systems prevented the cooperative from accurately forecasting costs and maintaining reliable financial records. After the 2008 training, Triunfo Verde received $1.8 million in trade credit financing from Root Capital and was able to grow its membership from 150 to 255 and increase sales by 22 percent.