Project Description
IFC and Mars Food - a multinational manufacturer of food products - are cooperating on a three year project to promote the production of sustainable rice in Cambodia.
The Project has three components:
1. Increased production of sustainable fragrant rice.
At the farm and household level, the project will (a) facilitate farmers’ adoption of climate smart agriculture technologies and practices consistent with the Sustainable Rice Platform (SRP) standard in the production of fragrant jasmine rice; (b) improve financial awareness and business management skills amongst farmers; and (c) support income diversification activities at the household level.
2. Improved business management performance amongst farmer aggregators.
At the farmer aggregator level, the Project will use IFC’s Agribusiness Leadership Program (ALP) to improve Agriculture Cooperative (AC) management capacity amongst the AC officers and Boards of Directors.
3. Engaging additional potential buyers of SRP rice.
At the market level, the Project will support activities to increase the likelihood of international buyers to source SRP-verified rice in Cambodia.