WASHINGTON, D.C., July 1, 2013 — ACDI/VOCA and the World Cocoa Foundation (WCF) are launching an agricultural development initiative in Indonesia called the Cocoa Innovations Project, leveraging private-sector partnerships to help further develop the Indonesian cocoa sector. The project aims to improve cocoa farmers’ incomes and efficiency through innovations in crop management and the application of information technology. WCF provided ACDI/VOCA a $300,000 grant for the project, which was initiated with funding from the U.S. Agency for International Development.   Key elements of the project include microfinance loans to cocoa farmers; use of mobile phone-based banking and agricultural extension systems; and community-based cocoa fermentation business models to improve the quality of farmers’ cocoa. 

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