Project Description
1) Build sustainable capacity of ECOM through the implementation of IFC's Agribusiness Leadership Program (ALP), so they can effectively equip supplier cooperatives with enhanced business management skills to improve overall level of professionalism; thereby enabling cooperative access to commercial input and asset financing through a proposed IFC transaction consisting of a risk sharing facility through a local bank; increasing sustainability in the cocoa supply chain;
2) Support the set-up of ECOM's own branchless microfinance institution (MFI), by developing a strategy to digitize payments of cocoa farmers, and launch a pilot to test mobile payments.