PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

594007

Primary Business Area

Sustainable Business Advisory

Disclosure Date

Jul 8, 2013

Country

Indonesia

Region

East Asia and the Pacific

IFC Approval Date

Mar 29, 2013

Status

Completed

Estimated Total Budget

$4,930,040.00
(Project budget includes all project-funded activities)

Last Updated Date

Jul 3, 2022

Project Estimated End Date

Mar 31, 2017

Project Description

The Project will aim to develop viable business model for production of sustainable palm oil by independent smallholders in Indonesia by linking independent smallholder farmers to supply (certified sustainable palm oil) CSPO into higher value supply chains. Linking farmers to such markets will increase their incomes by (i) increasing direct purchases by palm oil companies of harvest outputs from farmers, thereby enabling farmers to sell their outputs at higher prices, due to premiums and/or the fact that purchasing directly can enable the companies to offer farmers a better price, and by (ii) increasing direct sales of inputs (i.e. seeds, fertilizers, pesticides, farm equipment, etc.) by companies to farmers, thereby enabling farmers to buy better inputs, to buy these inputs at better prices and to buy these inputs more regularly.

Development Results