Fairtrade Access Fund To Provide Long-Term Loans To Smallholder Farmers
24 April 2012 (Brussels, Bonn Washington D.C., Seattle) - Incofin Investment Management, Fairtrade International and Grameen Foundation announced they are establishing the first fund to focus on the unmet demand of smallholder farmers for longterm loans. Starbucks Coffee Company (NASDAQ:SBUX) joins as the Fund's first anchor private investor with a $1.3m (€1m) commitment. The Fund will offer investors both financial and demonstrable social results.
The full press release can be found here.