NKG Bloom is an initiative of 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. Through a multi-year effort, NKG created a unique, risk-sharing credit solution with four lending organizations DFC – U.S. International Development Finance Corporation, IDH: The Sustainable Trade Initiative, and European banks BNP Paribas and Rabobank. The resulting $25 million Smallholder Livelihoods Financing Facility makes it possible for farmers to quickly and easily borrow funds as needed.