Agriculture
Specialty cocoa
Big deal for small farmers from Peru
The Fairtrade-certified cocoa cooperative Acopagro is the biggest exporter of organically produced cocoa beans in Peru. It plans to continue its growth through improved production expertise and prefinancing from partners like responsAbility.
Cocoa growing, which UN programs fostered as an alternative to coca plant production back in the 1990s, has enabled farmers to break free from extreme poverty. The Fairtrade minimum price guarantees they can still sell their products at a fixed minimum price when global market prices take a plunge.
With financing from providers like responsAbility, Acopagro can buy cocoa beans from members immediately after the harvest and bridge the gap until their customers pay. Without funding, farmers would sell to wholesalers who pay less because they need the money right away.
See complete interview with Pamela Esquivel.
reponsAbility Investments AG is not an investor and does neither provide direct nor indirect financing. The mentioned investments in the specific markets, countries, companies, institutions, instruments, or sectors are exclusively transacted by the investment vehicles managed or advised by responsAbility Investments AG