High quality cocoa from communities - Colombia

Cafexport’s cocoa trading business was established in 2012 under the brand name Colcocoa to export fully traceable and certified sustainable cocoa beans. At the time, Cafexport already exported coffee to major corporate buyers. With support of the CFC, Cafexport is looking to expand its own cocoa trading activities and cocoa production in Colombia. For this, the CFC has committed both a trade financing facility and an investment loan.

The project aims at reaching over 1,500 additional smallholders and providing them with off-take opportunities to significantly boost incomes. The additional income generated for smallholders is estimated to amount to USD 1,905 per year. Besides, by providing agronomic advice, reached smallholders can significantly increase crop yields and improve diets. In a region with very scarce formal employment opportunities, the project targets creating 20 permanent jobs, of which 40% are planned for women. 

SDGs