Coffee Farmer Resilience Fund GDA

Affected Latin American and Caribbean farmers to receive financial support and training to stabilize coffee industry.

Coffee Farmer Resilience Fund GDA

The Coffee Farmer Resilience Fund will provide assistance to more than 40,000 coffee farmers combatting the devastating coffee rust outbreak in Latin America and the Caribbean. Since 2012, coffee rust has affected more than two million people in Latin America, causing an estimated $1 billion in economic damages which could lead to 500,000 job losses. The Fund will leverage $8 million in funds from USAID and partners, including Keurig Green Mountain, Cooperative Coffees, and Root Capital, to provide on-farm, agronomic trainings on climate-smart, resilient practices to coffee farmers and farmer organizations in 6 countries. It will also unlock $15 million in investment capital from Root Capital, including $3 million in new investment from Starbucks, through a USAID credit enhancement for long-term financing for rehabilitation of disease-affected fields and short-term financing to stabilize coffee supply chains in Latin America and the Caribbean. It will also enable participating coffee roasters to negotiate the cost of combatting coffee rust into their purchase contracts with farmer organizations to ensure sustainable solutions rather than one-time charitable gifts. The pooled funds will provide technical assistance, leading to sustainable supply chains and increased farmer incomes in the short and long term.

Partners

  • United States Agency for International Development (USAID)

    Funding Agencies
    United States | Staff size: Unknown

    USAID is the lead U.S. Government agency that works to end extreme global poverty and enable resilient, democratic societies to realize their potential.

    U.S. foreign assistance has...

  • Ford Foundation

    Foundation, Advocacy NGO
    United States | Staff size: 251-500

    The Ford Foundation supports visionary leaders and organizations on the frontlines of social change worldwide. They believe all people should have the opportunity to reach their full potential,...

  • Inter-American Development Bank (IDB)

    Funding Agencies
    United States | Staff size: 1001-5000

    Inter-American Development Bank (IDB) supports efforts by Latin America and the Caribbean countries to reduce poverty and inequality. They aim to bring about development in a sustainable,...

  • Green Mountain Coffee Roasters (GMRC)

    Service Providers
    United States | Staff size: 5001-10,000

    A leader in specialty coffee and coffee makers, Green Mountain Coffee Roasters, Inc. (GMCR) is recognized for its award-winning coffees, innovative Keurig® brewing technology, and...

  • Starbucks Coffee Company

    Service Providers
    United States | Staff size: 10,000+

    By bringing people together over coffee, Starbucks has become one of the world’s best-known and best-loved companies. We purchase, roast and serve award-winning coffee. We also offer...

  • Root Capital

    Investment & Finance
    United States | Staff size: 101-250

    They help unlock opportunity for people in vulnerable places.

    In order to address some of the world's most fundamental challenges—feeding the future, preserving the planet,...

More Resources

Key Information

LocationLatin America and Caribbean, Peru, Nicaragua, El Salvador, Mexico, Guatemala
StatusActive
  • Start Date 2014
  • End Date 2017
  • ValueUSD 18.3 Million
    Sectors