Spotlight on Ecuador | Armando Calderon | Faces
Investing in Innovation: Armando Calderon's Journey from Soil to White Gravel in Transforming Lettuce Farming
At Enabling Qapital, we are committed to making inv estments that create lasting impacts. Through our collaboration with FACES, an organization dedicated to supporting rural micro-entrepreneurs in Ecuador, we have witnessed numerous success stories that highlight the power of strategic financial support. One such story is that of Armando Calderon, a determined and innovative lettuce farmer.
Armando's journey began with a humble start, delivering products to a local supermarket, Supermaxi. His passion for agriculture led him to work closely with Engineer Edwin Baez, focusing on improving the quality of lettuce cultivation. Initially, they planted lettuce directly in the soil. However, their drive for excellence pushed them to invest in an advanced setup, growing lettuce in white gravel.
Growing lettuce in white gravel offers several advantages. This method improves water drainage and prevents root rot, which can be a common problem in traditional soil farming. It also helps in maintaining consistent soil temperature and reduces the likelihood of pests and diseases. These benefits collectively result in higher quality and more consistent lettuce yields.
This innovative approach has set Armando apart in the region, making him the sole provider of lettuce grown in white gravel. The results have been outstanding, with the first harvest marking a significant milestone in his agricultural journey. His goal is to continue growing his business, further expanding his innovative practices.
The Role of FACES in Rural Development
FACES has been instrumental in Armando's success. As an organization, they are dedicated to supporting rural micro-entrepreneurs by providing the necessary financial resources and technical assistance. When Armando needed funds to build his new lettuce structure, a friend recommended FACES, highlighting their accessible and straightforward credit process.
With a loan of $20,000 from FACES, Armando was able to complete the construction phase of his innovative lettuce farming setup. This support has been crucial in driving continuous progress and ensuring sustainable growth for farmers like him.
A Partnership Built on Trust and Support
FACES stands out for their personalized approach and unwavering support. They offer ongoing technical assistance, strengthening the activities of micro-entrepreneurs and ensuring they receive the care they need.
Unlike traditional banks or cooperatives, which often present numerous obstacles, FACES makes the process quick and convenient. Funds are typically available within two to three days of a request, enabling farmers to act swiftly and efficiently.
Aligning with Sustainable Development Goal 9
Armando Calderon's story is a prime example of Sustainable Development Goal 9 (Industry, Innovation, and Infrastructure). His innovative approach to lettuce farming, supported by FACES, highlights how investments in infrastructure and technology can drive economic growth and sustainability in rural areas. By providing the necessary resources and support, FACES is helping to build resilient infrastructure, promote inclusive and sustainable industrialization, and foster innovation.
This story also illustrates how financial inclusion contributes to the UN SDGs. In addition to UN SDG 9 (Industry, Innovation, and Infrastructure), we see how Faces is contributing to reducing inequalities (SDG 10), promoting decent work and economic growth (SDG 8), and fostering innovation.
Join Us in Moving Money to Meaning
We believe in the power of strategic investments to drive positive change. By partnering with organizations like FACES, we are proud to support the dreams and ambitions of micro-entrepreneurs like Armando Calderon. Together, we can foster innovation, build resilient infrastructure, and promote sustainable industrialization, contributing to a brighter and more sustainable future for all.