Banasa opens savings and loan coop for its workers.
With the recent opening of the “Mi Gente” cooperative in another one of Banasa’s farms, the company expanded the coverage of this service.
Almost 75% of Banasa’s workers are members of “Mi Gente,” which offers employees below market interest rate loans, preferential savings rates, and the purchase of staples, appliances, motorcycles and bicycles at low cost.
Farm production manager said that by the end of 2015 the cooperative will be available in 100% of Banasa farms. “We are opening a coop in this farm so that all its members (Banasa workers) benefit from it. Soon it will operate in all of our farms.”
“Mi Gente” aims to promote the personal, economic and entrepreneurial development of workers. It promotes values, ethics, solidarity and honesty as the key to its success.
Jenifer Marisol, a worker at the farm stated: I am grateful to be a member of the coop since prices there are better than at other places. This cooperative is a great help to farm workers.