Integrated Lime Production in Bahia – Brazil
In 2012, the Torres group established its production of Tahiti limes in the municipality of Pojuca, in Bahia State, Brazil. The group entered the production business with the goal to vertically integrate and control its supply chain in order to obtain the Fair Trade and Global Good Agricultural Practices (GAP) certification.
In December 2018, the CFC signed a loan agreement with the subsidiary Jan Stap B.V., to support the expansion of the group’s sustainable lime plantation. While providing an environmental alternative to consumers in Europe, the plantation also contributes directly to local income generation and economic conclusion in one of the poorest municipalities of Brazil.
Submitting Institution | Jan Stap BV |
Location | Brazil |
Commodity | Citrus Fruit |
Total Cost | Euro 2,375,000 |
CFC Financing | Euro 1,000,000 |
Counterpart Contribution | Euro 1,375,000 |
Year of Implementation | 2018 |
SDGs