OPIC and Big Tree Farms Partner to Modernize Southeast Asian Agriculture

Posted on November 5, 2015 by Unitus Impact

$3.7 million in development finance supports U.S.-led coconut and cocoa producer in Bali, boosting livelihoods for low-income farmers. Financing comes through innovative OPIC offering to support impact investments.

OPIC – The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, recently committed $3.7 million in debt financing to Big Tree Farms, Inc., a U.S. company headquartered in Ashland, OR that is advancing sustainable, organic coconut and cocoa agriculture across the dispersed islands of Indonesia.

Big Tree Farms started organic farming operations in Bali, Indonesia in 2000, and through sound U.S. business, labor, and environmental standards, provides a reliable, increased livelihood for low-income farmers living in the tropical country. With this OPIC financing, Big Tree Farms will scale up their operations, increasing processing and production centers alongside farmer training in sustainable agriculture practices and responsible land use.

Big Tree Farms cultivates region-specific crops like coconut and cacao, and in turn processes these into internationally-consumed coconut sweeteners, cacao butter, powder and nibs and concentrated coconut water. By ensuring producers follow organic certified farming practices and managing supply chain and processing operations in accordance with fair trade principles, Big Tree brings U.S. leadership to advance the Indonesian agriculture sector.

Read the entire article on OPIC’s website.

No Comments