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Cooperativa de Producción Agropecuaria e Industrial "La Norteña Ycuamandyyú Ltda" - A bigger loan portfolio and more working capital for members

Cooperativa de Producción Agropecuaria e Industrial "La Norteña Ycuamandyyú Ltda"

A bigger loan portfolio and more working capital for members

Paraguay

Cooperativa de Producción Agropecuaria e Industrial La Norteña Ycuamandyyú Ltda (La Norteña) processes and commercializes herbs and related products on behalf of its more than 1,200 suppliers. La Norteña is based in San Pedro, in a poor region with limited job opportunities and affected by an exodus of young people seeking new opportunities.

La Norteña buys raw materials from its members to commercialize as finished products. Its main products are sesame, lemon grass, lemon verbena, sour orange and lemon peel. The sesame is sold on the local market and the aromatic herbs are exported to Europe.

La Norteña is an important employment provider in one of the poorest departments of Paraguay. With Oikocredit’s long-term support, La Norteña can invest in expanding its members’ production, which is characterized by long-term growth cycles (especially lemon and orange).

La Norteña has been an Oikocredit partner since 2011.

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