A loan helped to buy cacao at a premium price from rural farming families by bringing their world-class product to high-end European chocolatiers.


El Colaboratorio's story

This loan may have higher risk but higher impact. Learn more here.
Problem:
Despite the distinctive flavor and scent properties of the cacao, rural farmers in post-conflict regions of Colombia such as Córdoba remain isolated and unable to access global markets. Likewise, their remoteness has resulted in reduced productivity, insufficient infrastructure, and poor farmer knowledge regarding specialized techniques.
Solution:
El Colaboratorio provides a holistic solution to address these challenges. By leveraging their knowledge of cacao and the international markets, they help the farmers and their families to maximize the value of their cacao crops. By reducing the number of intermediaries and marketing the cacao based on traceability, quality, and sustainability standards rather than simply quantity, El Colaboratorio is able to earn an additional 20% premium for their farmers.
Additionally, El Colaboratorio supports these families with technical assistance throughout the production lifecycle allowing the farmers to strengthen their capabilities and helping to empower their communities and improve their quality of life.
Loan use and Impact:
The loan will be used to purchase more cacao from more producers, at premium prices. El Colaboratorio has existing purchase orders from high-end European buyers that they are ready to fill but need the capital to be able to purchase and process the cacao.


This loan is special because:

It helps Colombian farmers maximize the value of their crops



Loan details


Lenders and lending teams




Loan details