Givaudan has launched a new project, making US $ 360,000 in micro-financed loans for farmers and distillers in Indonesia. The loans will enable farmers and distillers to improve their farming practices and improve yields. Individual loans for farmers will range from around US$ 360-1,800 a person, and distiller loans will range between around US$ 11,000 to 36,000, depending on the distillation unit’s size.
Willem Mutsaerts, head of Global Procurement and Sustainability for Givaudan, comments, “Driven by our purpose, we want to ensure that all communities benefit from working with Givaudan. This project enables us to directly improve the lives of farmers and distillers by empowering them to grow their businesses in a sustainable way and benefitting the wider community in the process.”
Givaudan’s Origination team has been sourcing patchouli in South East Sulawesi province since 2012. Since then, this work has increased in scale, and we now collect over 20% of patchouli available to the market from an expanded area which includes South East, South, West, and Central Sulawesi.
This new project is one of several initiatives designed to support patchouli producers in Indonesia as Givaudan strives to use its business as a force for good. Among the initiatives are programs focused on equipping farmers and distillers with sustainable agriculture skills.
Together with the Givaudan Foundation, Givaudan also offers projects which provide support and facilities for the wider community. These include a literacy program for children that focuses on developing libraries in North Kolaka regency, Buton island, Mamuju, and Konawe.
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Naresh Khanna – 10 February 2025
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