A working capital loan to help smooth lumpy seasonal cash flows in the agricultural sector

Root Capital partners with high impact agricultural cooperatives throughout the world. One cooperative specifically, PRODECOOP, works with Nicaraguan coffee farmers to improve yields and incomes through better farming practices, providing credit as well as market access.

Why Rippleworks Invested:

Despite a strong track record and significant coffee purchase orders, PRODECOOP’s ability to raise credit is consistently hindered by perceived country risk in Nicaragua.

Rippleworks invested to support PRODECOOP in its working capital needs and to help create a more robust lending track record in Nicaragua with the hopes of crowding in future lenders.

Read more about Root’s other engagement with Rippleworks here.