Puratos Grand Place Vietnam

Subsidy : July 2018

The goal of this project is to pilot and establish the LEISA closed-loop farming model with the cacao farmers in the supply chain of Puratos GPV.

Amount

€ 85,910.00

Type of investment

Subsidy

Beneficiary locations

Asia: Vietnam

Investment field

Enterprises

Activity

Agribusiness

Organisation

Puratos Grand Place Vietnam

Website

http://www.puratosgrandplace.com/

Domicile

Vietnam

More investments in

Puratos Grand Place Vietnam

Debt € 1,377,750.00 (2017)

The LEISA model (Low External Inputs Sustainable Agro-Ecology farming model) combines livestock and cacao production, which can form a completely ecologically sustainable model with little waste and no need for external inputs. The two year intense pilot program will allow to build the capacity of the Puratos GPV team in these techniques for future replications.

Expected impact

At the level of Puratos GPV, this projects is expected to increase the income of the farmers and thus stabilize future supply for the company. Moreover, through this project Puratos GPV will be trained and skilled in LEISA techniques, which they will be able to replicate and train more farmers on.
At the level of the smallholder farmer, the Leisa project is in the short term (after 2 years) expected to eliminate more than 75% of expensive, external inputs, through the integration of a balanced number of animals. Cacao production is expected to rise by 15-20% and their diversified income should rise by at least 80%. Moreover, the production of cacao and Livestock is more sustainable and respectful of the environment.
In the Vietnamese agricultural sector and Puratos group, the LEISA project plays a role of catalyst in bringing key innovation in Vietnamese agricultural sector. It could also be reproduced in all the sustainable cacao sourcing projects of Puratos as income diversification driver and environment friendly producing method.