Fair and Sustainable Participations emerged from the development organization ICCO.
The objective of F&S Participations is to provide business support to potential commercial enterprises in developing countries. Principle is that these business ideas contribute to the objectives of Stichting ICCO, i.e. income generation of local producers and consumers.
The focus lies on:
• Participations in commercial entities that include small holders and/or outgrowers
• Financial sustainability + exit strategy on mid-term (3-5 year);
• Capacity building via ICCO network
• Improving the investment and the performance audit;
Companies are becoming increasingly interested in contributing to the economic and environmental c sustainability of their local producers network, notably in agriculture . Fair & Sustainable Participations invests companies that do support outgrowers groups and producers organizations. Linking a company to a local netwoprk of farmers provides the opportunity to grow and to generate income . Reason to practice this from a corporate structure is the fact that in many African countries, local governments are reluctant towards NGO’s. Working with this construction, it is easier maneuvering between local rules and laws.
ICCO has repeatedly invested in private companies like this by acting as a shareholder. Examples of these companies include Yiriwa in Mali and AfricaJUICE in Ethiopia.
Yiriwa SA is a limited company founded in 2008 in Bamako, Mali (West Africa). It organizes the production, processing and sales of Organic Agricultural Products inMaliin a sustainable way. With a staff of 17 persons, the company manages more than 6000 farmers in 2009, produced cotton, sesame, soy and groundnuts. Farmers have become shareholder in the company as from 2010. The company is active in Sikasso, Fana, and Banamba Bafoulabe in the south-west of Mali. Another shareholder of this company, KIT (Royal Tropical Institute).
The AfricaJUICE Tibila SC is a plantation in the Oromia region of Ethiopia which involves a project with a capital investment of around USD 12 million. A former state-owned fruit farm has been transformed to create a modern, high technology and tropical fruit plantation to build a new processing facility. All operations are bases on Fair Trade principles. 600 ha. of yellow passion fruit, 300 ha. of mango and 300 ha. of other tropical fruits like papaya and avocado are planted over a period of four years. At the same time the development or 1.200 hectares of outgrowers (contract farmers) are supported to supplement the supply and to extend community participation. Read more