Seven Nicaraguan cooperatives take a "cocoa leap" with a project financed by Switzerland

Published 2023년 6월 12일

Tridge summary

Seven cocoa cooperatives in Nicaragua have experienced significant growth over the past four years, increasing their exports by 48% in value and 37% in volume, as reported by the Swiss Agency for Development and Cooperation (Cosude). With 2,311 small producers and 1,254 members, mostly women, these cooperatives have strengthened their organizational structure, improved quality management, and secured direct access to new markets, including Japan. Their cocoa fetches prices that are 100% higher than the national average for organically certified cocoa. The cooperatives have also established an export association to meet the demand from international buyers and have secured financing from ethical banking organizations. The Cosude project aims to replicate this success across the Central American region.

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Original content

Managua, June 12 (EFE).- Seven cocoa cooperatives in Nicaragua, with 2,311 small producers, have taken a "cocoa leap" in the last four years by increasing their exports up to 48% in value and 37% in volume, according to a systematization study by the Swiss Agency for Development and Cooperation (Cosude). SDC Nicaragua systematized the experience of its PROCACAO Governance 2018-2022 project and concluded that the seven cocoa cooperatives, with 1,254 members (20% women), achieved their business growth, strengthened their organizational structure, and improved quality management, certification and commercialization in international markets. One of the main findings of the systematization is that the cocoa cooperatives managed to directly access new markets "willing to pay for the quality of their cocoa," including Japan, the Cosude highlighted. The prices of direct exports, especially for cocoa with organic certification, exceeded the national average price by 100%, he stressed. ...

Source: Elperiodicodemexico