Philippines
Financial services
Loan granted
1 182 266 €
Partner of the Foundation
since 2022
Context :
Kennemer Foods International, Inc. is a Philippines-based agribusiness specializing in the cultivation, research, and trade of high-quality agricultural crops. They focus on fermented cocoa beans sourced from smallholder farmers.
The company:
Founded in 2010, Kennemer began as a purchasing and post-harvest processing center in Davao. They identified a shortage of quality cocoa beans in the Philippines due to old trees, a lack of knowledge and technology, difficulties accessing financing and technical support, and limitations in market access. Kennemer responded by expanding its offerings to cover the entire agricultural value chain, from planting to export sales.
Impact :
Kennemer supports rural development in the Philippines, focusing on land reform, community forest management, and indigenous communities. They ensure inclusive growth by promoting market transparency, offering fair prices, and implementing sustainable agricultural practices. Kennemer helps farmers improve their income and quality of life, thereby reducing poverty in some of the poorest areas of the country.