Healthy Trees, Healthy Farmers (farmer #6)
Support cocoa farmer
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Summary
Modern farms need to use fertilizer to generate enough produce to be profitable, but cocoa farmers in rural Ivory Coast typically can't afford to buy it at the right time, or it's not available in their area. The Farmer Finance Pilot Project will make fertilizer available at farmer cooperatives and Mars Cocoa Development Centers in Ivory Coast, and the program will test out finance models to allow farmers to use their increased productivity to borrow money to continue buying fertilizer. With your support we can improve the living conditions of one cocoa farmer by providing his/her fertilizer needs. We suggest a 15 dollar donation.
Location
Africa, Côte D'ivoire
Touih
5.331644, -6.714331
Project in depth
Focus area
Economic development Category: Economic development
Detailed information
Current status
The project will then work through 2012 to develop mechanisms to provide fertilizer to farmers on credit that they can repay after they sell next season’s harvest. If we can demonstrate a successful model that makes farmers more money and allows them to repay their loans, we can encourage international donors and local banks to scale up the approach to reach many more farmers.
Goals
- 500,000 dollar in fertilizer sales in Ivory Coast
- Data on local fertilizer market
This project contributes to a sustainable cocoa sector in Cote d'Ivoire by working to build an effective financing system that will allow farmers to invest in agricultural inputs, like fertilizer, that increase their production and profitability while protecting their farm's long-term soil fertility.
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External links
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Project partners
ECOM
New York,
United States
IDH
Utrecht,
Netherlands
Mars Chocolate
Mt. Olive,
United States
Rabobank Foundation
Utrecht,
Netherlands
Akvo Ref: 377