The five-year, $20 million AMARTA II project focuses on increasing the production and marketing of cocoa, coffee, and selected high-value horticulture crops produced by small farmers in Indonesia. The project’s interventions to enhance the value chains of these commodities are intended to increase incomes and employment; contribute to food security; provide increase access to agricultural credit; and improve the policy and regulatory environment for the agribusiness sector. The World Cocoa Foundation and seven of its member companies in the Indonesian cocoa sector (Cargill, Mars, Inc., Kraft Foods, Armajaro, Olam, Continaf, and The Hershey Company) have confirmed their participation in AMARTA II. The partnership aims to leverage about $8 million in private sector cash and in-kind contributions over the life of the project. In addition, the USAID Mission in Indonesia anticipates applying $2 million in partial loan guarantee facilities from the Development Credit Authority. The loan guarantees will unlock $50 million in lending to agriculture from Indonesian financial institutions.
|Location||East Asia and Pacific, Indonesia|
|Value||USD 20 Million|