Coffee Farmers – Buyers Set to Gain More

Australia’s Marked Development Facility (MDF) has partnered with the local coffee exporter, Kosem Coffee.

The partnership with help Kosem Coffee buy more coffee during the harvest season, increasing income for smallholder farmers, especially in the Jiwaka and Western Highlands Provinces.

MDF said that will support Kosem in establishing a credit system, called a ‘revolving fund’, which will provide Kosem with cash to buy coffee from smallholders.

When Kosem Coffee receives payment, they will replenish the revolving fund.

“This cycle is repeated several times during the season, making it possible for Kosem to buy and export significantly more coffee during the harvest season, increasing farmer incomes. This new partnershop will provide stable income to the smallholders and enable Kosem to export high-quality coffee, which is currently in high demand in the global market” MDF said.

Kosem Coffee’s chief executive officer (CEO) Mark Munnul stated that the credit model would benefit small exporters like Kosem, as well as local farmers.

“This is a big help to national exporters. The coffee price has increased, and for small exporters like men, access to banks is expensive, and its maximun returns are limited” he said. “This partnership will support locsl exporters and farmers now and, in the future”