NKG BLOOM is an initiative of the Neumann Kaffee Gruppe (NKG) to ensure the long-term viability of green coffee supplies by providing smallholder farmers with the opportunities and resources they need to run their farms at full potential and enter a pathway out of poverty.
Participating farmers are smallholders (they farm fewer than 30 hectares of coffee) and farmer organizations largely comprised of producers with fewer than 30 hectares. They commit to work in collaboration with our teams to run their farms as businesses and to improve upon prioritized social and environmental practices.
Financing is often the core bottleneck faced by farmers. In a years-long effort, NKG worked with five organizations—USAID, IDH: The Sustainable Trade Initiative, and European banks ABN-AMRO, BNP Paribas and Rabobank—to create an innovative risk-sharing solution that minimizes the risk of lending to some of the world’s poorest farmers. This $25 million revolving-credit facility creates a way for smallholder farmers and farmer groups to quickly and easily borrow needed funds.