PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

601794

Primary Business Area

Manufacturing, Agribusiness & Services

Disclosure Date

Dec 14, 2017

Country

India

Region

South Asia

IFC Approval Date

Apr 26, 2017

Status

Completed

Estimated Total Budget

$750,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Oct 23, 2022

Project Estimated Start Date

Jun 1, 2017

Project Estimated End Date

Jun 30, 2020

Project Description

This is a follow-on advisory project with IFC client Olam which builds on the lessons, experience and results from the previous rounds of IFC advisory engagements with the client in supporting smallholders to improve livelihood by enhancing yields and incomes.There are two focus areas of the project under IFC-Olam Phase II which are described below: A. Farmer Support for Climate Smart Agriculture To develop a climate smart sustainable sugarcane value chain in catchment areas marred by erratic rainfall , drought or flood like conditions affecting overall yields , farmers’ income and business return i) Design of area specific climate smart package of agronomy practices ii) Facilitate introduction of new technologies and business models to increase climate resilience B. Support for Improvements in farmer loyalty To address the challenge of fluctuating sourcing due to lack of smallholder farmer loyalty , support to strengthen the farmer-corporate engagement, to increase goodwill amongst smallholder farmers in sugar catchment/sourcing areas

Development Results

E&S Risks / Impacts and Mitigation