IFC & JDE support Simexco in establishment of Sustainable Coffee Supply Chain
Date: 2018-10-16

Buon Ma Thuot Vietnam, October 10, 2018— The global coffee trader JDE (Jacobs Douwe Egberts), in partnership with IFC, a member of the World Bank Group, has supported the local supplier (Simexco DakLak) in the establishment of sustainable coffee supply chains in Vietnam since 2015, implemented the project recapitulation and review workshop at Buon Ma Thuot city.

IFC’s advisory services in Vietnam’s agricultural sector are delivered in partnership with the Government of Canada. “Canada is supporting Vietnam’s continued economic growth by improving its agricultural competitiveness,” said Mr. Robert Bissett, Charge d'Affaires of the Embassy of Canada to Vietnam. "With our support and private sector participation, this initiative has benefited directly over 5,000 farmers of which close to 40% were women farmers."

The program has successfully trained over 5,000 coffee farmers in the Dak Lak & Dak Nong provinces in sustainable agricultural practices and business skills over the past three years. The new skills have proven to help farmers increase their yields and improve their livelihoods and sustainability.
As part of the program, coffee farmers have learned business skills to help them better market and sell sustainable and traceable coffee, which will help link them better to global coffee supply chains. With improved business skills and access to markets, it is expected that at the next level, the participating farmers will improve their ability to obtain financing from banks to grow their businesses.