Picking fruits in Brazil

A total amount of 5,32 million euro has been invested in this project. ICCO has invested 1,3 million.  Of these 1,3 million, 120.000, - euro is invested in the factory. The biggest part is a grant for the training of small farmers, improvements in production, promotion of the project and the formation of cooperations.

The structure of the investments
FrutaSã has a joint venture with QuaTerNes. The investors are co – shareholders. The total budget is divided in two. A part goes directly to FrutaSã and another part to the farmers. QuaTerNes manages a part of the budget that is meant for the factory. Another part is managed by IDB and ICCO.

Risk management
If the confirmed private investments of 1 million euro don’t come through, then QuaTerNes will guarantee this.

The partners within this project also count on the abilities of ICCO. There has to be a balance between the economical side: making the company profitable; and a social side including fortification (of the production) of the farmers, the care for training and expansion to new producers.

The business plan for this project is based on the period 2011 – 2015. This concerns a pilot, that can be expanded in case of success with more suppliers and different areas.

Why do I choose ICCO as a partner?
You are an entrepreneur with a mission: you want to start a social and sustainable company in a developing country or contribute to this. ICCO will help you realize this dream.

ICCO’s co – creation approach delivers high-end results for every stakeholder. In exchange, you take advantage of ICCO’s network with more than 900 local partners and more than 300 (inter)national cooperation’s and alliances.

ICCO’s positive (organizational and financial) track record with donors, investors and knowledge partners, also plays in your advantage. ICCO has almost 50 years of experience in investing in entrepreneurs in developing countries.