Cargill Telcar
This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein.
It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.
The map is for illustrative purposes and does not imply the expression of any opinion on the part of the World Bank, concerning the legal status of any country or territory or concerning the delimitation of frontiers or boundaries. Country borders or names do not necessarily reflect the World Bank Group's official position. In some cases, available project location information is limited to the country of the project's activities. Locations are approximate.
It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.
The map is for illustrative purposes and does not imply the expression of any opinion on the part of the World Bank, concerning the legal status of any country or territory or concerning the delimitation of frontiers or boundaries. Country borders or names do not necessarily reflect the World Bank Group's official position. In some cases, available project location information is limited to the country of the project's activities. Locations are approximate.
Summary of Advisory Services Project Information
Project Number
601329
Primary Business Area
Manufacturing, Agribusiness & Services
Disclosure Date
Nov 21, 2016
Country
Cameroon
Region
Africa
IFC Approval Date
Feb 29, 2016
Status
Completed
Estimated Total Budget
$844,519.00
(Project budget includes all project-funded activities)
Last Updated Date
Nov 21, 2016
Project Estimated Start Date
Project Estimated End Date
Dec 31, 2019
Project Description
The project will seek to achieve the following objectives by the end of project implementation:
1. Improve information on capacity and creditworthiness of smallholder farmers and coops
2. Build financial capability of farmers and coops
3. Development of Credit Assessment and Risk Management Processes
The advisory Project aims to increase the reliability and professionalism of Cameroonian farmer groups and coops through benchmarking their performance, refining their business management skills, thereby enabling their access to commercial finance for agricultural inputs.
1. Improve information on capacity and creditworthiness of smallholder farmers and coops
2. Build financial capability of farmers and coops
3. Development of Credit Assessment and Risk Management Processes
The advisory Project aims to increase the reliability and professionalism of Cameroonian farmer groups and coops through benchmarking their performance, refining their business management skills, thereby enabling their access to commercial finance for agricultural inputs.
Development Results
E&S Risks / Impacts and Mitigation
Development Results
The overall objective of the advisory project is to support cocoa farmers to increase yields, establish bankable credit history and catalyze structural improvements in the cocoa value chain. The Project is expected to (i) improve smallholder farmers' revenue by granting them access to short-term financing and productivity tools and helping them establishing and building credit histories; (ii) strengthen the cocoa value chain by training field agents and farmers in financial literacy; and (iii) reach a significant number of smallholder farmers.
| Indicator | Calendar Year 2020 Results | Cumulative Results as of 2020 |
|---|---|---|
| Number of training modules and new products developed | Not Available | 5 |
| Number of trainers trained | Not Available | 25 |
| Number of entities receiving advisory services | Not Available | 162 |
| Volume of production sold to anchor agribusiness (metric tons/year) | 21,400 | 21,400 |
| Number of farmers reached (direct and indirect) | Not Available | 0 |
| Number of individuals trained by project-trained people and/or institutions | 17 | 944 |
| Value of production sold to anchor agribusiness (US$) | Not Available | Not Available |
| sales revenue (anchor agribusiness) (US$) | Not Available | Not Available |
E&S Risks / Impacts and Mitigation
| Performance Standard | Description and Potential Impact | Mitigation |
|---|---|---|
| PS 1. Assessment and Management of Environmental and Social Risks and Impacts | The principles of the relevant Performance Standards have been applied to the project design. Environmental and social risks will continue to be reviewed throughout the life-cycle of the project. | IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards. |
| PS 6. Biodiversity Conservation and Sustainable Management of Living Natural Resources | The principles of the relevant Performance Standards have been applied to the project design. Environmental and social risks will continue to be reviewed throughout the life-cycle of the project. | IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards. |
| PS 2. Labor and Working Conditions | The principles of the relevant Performance Standards have been applied to the project design. Environmental and social risks will continue to be reviewed throughout the life-cycle of the project. | IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards. |
Development Results
Expected Development Impact
The overall objective of the advisory project is to support cocoa farmers to increase yields, establish bankable credit history and catalyze structural improvements in the cocoa value chain. The Project is expected to (i) improve smallholder farmers' revenue by granting them access to short-term financing and productivity tools and helping them establishing and building credit histories; (ii) strengthen the cocoa value chain by training field agents and farmers in financial literacy; and (iii) reach a significant number of smallholder farmers.
Development Results
| Indicator | Calendar Year 2020 Results | Cumulative Results as of 2020 |
|---|---|---|
| Number of training modules and new products developed | Not Available | 5 |
| Number of trainers trained | Not Available | 25 |
| Number of entities receiving advisory services | Not Available | 162 |
| Volume of production sold to anchor agribusiness (metric tons/year) | 21,400 | 21,400 |
| Number of farmers reached (direct and indirect) | Not Available | 0 |
| Number of individuals trained by project-trained people and/or institutions | 17 | 944 |
| Value of production sold to anchor agribusiness (US$) | Not Available | Not Available |
| sales revenue (anchor agribusiness) (US$) | Not Available | Not Available |
E&S Risks / Impacts and Mitigation
E&S Risks / Impacts and Mitigation
| Performance Standard | Description and Potential Impact | Mitigation |
|---|---|---|
| PS 1. Assessment and Management of Environmental and Social Risks and Impacts | The principles of the relevant Performance Standards have been applied to the project design. Environmental and social risks will continue to be reviewed throughout the life-cycle of the project. | IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards. |
| PS 6. Biodiversity Conservation and Sustainable Management of Living Natural Resources | The principles of the relevant Performance Standards have been applied to the project design. Environmental and social risks will continue to be reviewed throughout the life-cycle of the project. | IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards. |
| PS 2. Labor and Working Conditions | The principles of the relevant Performance Standards have been applied to the project design. Environmental and social risks will continue to be reviewed throughout the life-cycle of the project. | IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards. |
Additional Documents
No related documents.
Map
Similar Projects
Loading Similar Projects........
