Cooperative Maseual Xicaualis - 5.5% p.a. loan for coffee plantation renovation
Currently, many of the country's coffee production units show a more pronounced biannual performance in production, mainly due to the age of the plantations. The advanced age affects grain quality. Therefore, it is considered that the renewal of coffee plantations constitutes an important practice that allows to return to the physiological and productive balance of the plantations.
A young coffee tree needs three to four years to start producing fruits, reaching its highest productivity at six or eight years. The bush can then live for many decades, but it is commercially viable only up to twenty-five or thirty years.
The partners of the cooperative have quite old plantations, reaching forty or fifty years of age, which need renewal. Maseual applies your support for purchaseof new plants and gradual renewal of plantations, which are vital for the success of the cooperative.
Tosepan Titataniske started in 1977 as an indigenous movement from the Sierra northeast from Puebla and formalized in 1980 as a cooperative.
History: The founders have a “sweet beginning” because the first activity they undertake was acquired sugar at a lower price. With the nput of fifty and one hundred pesos, the partners reach enough capital to buy 20 tons of sugar each month and to distribute sugar at a price of $3 pesos among the community. Since then it has been considered the cooperative movement as the best option to increase the life quality of the families.
General manager: Vidal Soto Pérez
Industrial manager: Alejandro Martínez Hernández
Manager: Anabel Téllez Zamora
|Number of employees||26|
|Number of producers||758|
|Total equity||$ 6,149,822 MXN|
|Total assets||$ 44,850,354 MXN|
|Gross Loan Portfolio||$ 34,460,250 MXN|
|Number of borrowers||5|
|Average sales organic coffee (2012 – 2015)||$ 402,795 USD|
|Average sales regular coffee (2012 – 2015)||$361,953 USD|
|Average sales organic pepper (2012 - 2014)||$ 63,505 USD|
|Average sales regular pepper||$ 603,729 USD|
|Average sales organic honey||$ 39,368 USD|
|Brief description of the required financial help||Working capital annual revolving credit line|
|Brief description of the clients of coffee||
27% primary sector
46% secondary sector
27% unknown sector
|Brief description of the clients of pepper||
13% primary sector
87% secondary sector
|Brief description of the clients of honey||100% general public|
|Financial indicators of Tosepan Titataniske|
|PAR 90||Portfolio at risk over 90 days||5.24%|
|ROA||Return on Asset||0.74%|
|ROE||Return on Equity||3.21%|
|CAR||Capital Asset Ratio|