Prospero: Finance for Fairtrade
Prospero Foundation supports Fairtrade certified organisations in Latin America, mainly cooperatives of small coffee producers.
What We Do
Between 2015 and 2025, Prospero Foundation made 62 loans at 'no or low' interest worth €3,467,080.49 (US$3,871,792.60) to Fairtrade certified organizations in Colombia, El Salvador, Guatemala, Honduras and Nicaragua. All loans were repaid in full.It also awarded 13 grants worth €172,586 to Fairtrade organizations in Colombia, El Salvador, Guatemala, Honduras, Nicaragua, Papua New Guinea, Peru and Tanzania.Prospero Foundation ceased operating in 2025 and transferred its revolving loan fund of USD 287,992 to FECUNDO (fecundo.org), its partner in Central America, which continues the work. Prospero Foundation was legally wound up on 23 March 2026 by voluntary strike-off.
The Team
Prospero's trustees were: John Daly, Kieran Durnien, Nuala O'Connor and Alex White. Prospero was run entirely by volunteers and had no employees.