When an initiative like this arises EthicHub We can't lose sight of it, because it has an innovative way of helping. It connects small farmers with investors from all over the world. This improves the work of the former thanks to the latter. A way to help and boost the production of such important elements as coffee.
Furthermore, EthicHub has several projects in hand And for all of them, it uses blockchain technology. This way, a much fairer and more efficient financial ecosystem can be created. Without a doubt, its main target is farmers, and therefore, They need to improve the quality of life of these workers, so that they have financing tailored to their needs and can expand into broader markets to sell their products.
EthicHub: a bridge between two worlds
In many rural regions, small farmers face significant challenges when considering financing. They lack access to certain banking services and are therefore forced to resort to options that incur high taxes. EthicHub is here to help. A Spanish company that focuses on financing profitable agricultural projects, which are based on the real economy.
On the one hand, financiers can invest in various projects that are highly profitable, while on the other hand, buyers find their way into a market full of possibilities, with a supply that is stable and in which there will be no doubt that the product is of great qualityThis whole bridge brings us back to the topic of farmers, who will get tailored financing and therefore improve production.
How does this platform work?
Now that you know what it's all about, it's important to understand how the platform actually works. It's worth noting that EthicHub uses blockchain technology to ensure transparency and security in all transactions.
- First of all they have the job of identify farming communities as well as specific needs. Viable projects requiring financing are studied.
- Each project is published on the platformIn addition, all necessary information is detailed, such as the need for financing, the use of the funds, and anything else investors might need to know.
- Each person who wants to invest can do so from 20 eurosThese investments are made through cryptocurrencies, although you can also use a credit or debit card if you prefer.
- When the agricultural cycle is completed, then Farmers will repay that loan with an interest rate that will always be fair.. So investors receive their share along with the established interest.
They are responsible for contributing to the sustainable development goals
They believe in a new economy, one that is more supportive and, of course, more respectful of the environment. That's why they contribute with each of the sustainable development goals Such as ending poverty and reducing hunger through the projects they generate. Not to mention that they also contribute to the use of cleaner energy and ensure everyone enjoys decent work that fosters economic growth. Reduce inequalities and promote responsible consumption and fighting to achieve more alliances are other points that they follow strictly.
EthicHub's social impact and featured projects
EthicHub was launched in 2017 and has since had a significant impact on various farming communities. One of the clearest examples is the work he does in Chiapas, MexicoHigh-quality coffee is produced there, but it's true that they've had to face difficulties in obtaining financing to keep their production going. It's worth noting that thanks to this company, more than 120 families have now been able to receive loans, with much more affordable interest rates than they were previously. All of this translates into an investment in their crops, as well as a significant improvement in the quality of their production. Of course, we mustn't forget that this is the only way to access international markets. They currently export to markets such as China, Canada, the United States, and Europe. What impact does all this have? It opens up new business opportunities for farmers.
Another of EthicHub's projects or initiatives is that it has direct sale of coffee through its online store. This is always a great incentive to continue helping workers. The future seems to be very promising, as the scope of this idea will continue to expand and gain the support of major institutions. EthicHub demonstrates that it is possible to generate good financial returns while promoting sustainable development.