Menu Search

Oikocredit € 4 million loan to TAN Mondial will benefit Côte d’Ivoire cocoa and cashew cooperatives

Oikocredit € 4 million loan to TAN Mondial will benefit Côte d’Ivoire cocoa and cashew cooperatives

NORAN-PE-09.jpg22 April | 2024

Investment will support the work of almost 3,000 smallholder farmers in Côte d’Ivoire.

Oikocredit has provided € 4 million in credit to leading soft commodity trading company TAN Mondial and its local affiliate, TAN Ivoire, to underpin TAN’s operations growth in partnership with Ivorian smallholder cooperatives. 

This strategic three-year financial collaboration will facilitate TAN’s sourcing of certified cocoa beans and traceable cashew nuts from smallholder farmers and cooperatives in Côte d’Ivoire and strengthen the company’s sustainability programmes in the West African country. TAN Ivoire, which connects Ivorian cooperatives and smallholders to global markets, aims to achieve Rainforest Alliance certification for the produce. 

The partnership is expected to assist close to 3,000 smallholder cocoa and cashew growers in gaining access to a reliable market for their produce and their integration into a certified supply chain, resulting in a notable improvement in their income levels.   

Read the press release here 

« Back

Archive > 2024 > April

Get in touch

Investor Support, Oikocredit International
Berkenweg 7
3818 LA Amersfoort, The Netherlands
Netherlands
workT: +44 (0) 330 355 33 00

Stay informed