Simon Bakker of Kennemer Foods International (kennemerfoods.com)
Region: Asia
Country: Philippines
Focus: Agriculture
Kennemer grows, sources, and trades in high-quality agriculture produce such as fermented cocoa beans through a contract farming program with smallholder farmers in the Philippines. Kennemer has created an end-to-end contract farming model that provides farmers with high-quality planting material and technology, training on farming practices, and access to financing and markets. In just five years of operations, Kennemer has achieved significant scale, establishing a sourcing network of 10,000 Filipino farmers who stand to gain an average income increase of 500 percent. By adopting a modern cocoa technology, farmers can experience cocoa yields of four times the national average – increasing incomes of coconut farmers from USD 555 to USD 3300 net of inputs. By 2020, the company aims to integrate 35,000 farmers into its value chain.