The interest rates small farmers face in El Salvador would be illegal in most countries. 💸
El Salvador's legacy financial system wasn't built for small producers. Loans come with interest rates that would be banned in most developed countries, and fees eat away at whatever margin farmers manage to earn.
In this clip from reDeFined, Jorge lays out the harsh reality of farming finances in El Salvador — sky-high borrowing costs, crippling delays, and a system that was structurally designed to extract value from the bottom of the chain.
But he also sees a way out. And it's permissionless.
Watch the full conversation on the reDeFined YouTube channel.
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