Milipa Thapa, RAP3 CONNECT Enterprise Graduate
The experiences I accumulated at a place called Taranga of Surkhet District are embedded deep in my heart.
Organic Mountain Flavor (OMF) has obtained organic certification of 133 hectares of land in Surkhet. The certification, granted by ECOCert, covers land farmed by 366 ginger farmers in OMF's downstream supply chain. These farmers will receive higher prices from OMF for the ginger they produce as, with organic certification, OMF is able to sell ginger at a premium price.
Prabhu Bank Limited (PBL) continue to go to the farm gate to open accounts and deliver value chain financing (VCF).
PBL’s Dhangadhi Branch have distributed VCF loans totaling NPR 1.6 million to 56 ginger farmers in Sahajpur, Doti in addition to the NPR 2.95 million issued to 117 farmers in June. PBL’s Surkhet Branch are processing applications from 84 ginger farmers and, to date, have opened accounts and issued cheque books to 30 farmers.
DFID Nepal hosted a stakeholder consultation earlier today, bringing together representatives from CONNECT’s small businesses portfolio including partner Organic Mountain Flavor (OMF), its investor One to Watch, Prabhu Bank, SAFAL Partners and TR Upadhaya & Co. The meeting was an opportunity to review progress made to date, present CONNECT’s intentions for year two of partnership with OMF for DFID to consider and seek commitments from OMF, their investors and the bank to realise agreed milestones. CONNECT is delighted that the meeting concluded with assur
CONNECT are excited to be facilitating the Harvard Kennedy School's Evidence for Policy Design (HKS EPoD) team's visit to Chinchu and Taranga in Surkhet. 4 researchers have travelled half way across the world from Boston, USA to meet with ginger farmers who are part of Organic Mountain Flavor Private Limited's (OMF) supply chain. OMF is a CONNECT MSME partner. The visiting delegation are talking with ginger farmers to understand how interventions delivered through CONNECT's partnership with OMF impact and influence small farmers' decision making. The team me
For the first time Prabhu Bank Limited (PBL) have taken the bank to the farm gate and CONNECT is delighted to confirm that PBL has delivered value chain financing loans totaling NPR 2.95 million to 117 ginger farmers.
In an unprecedented move to improve financial inclusion, Prabhu Bank staff travelled from Dhangadhi to remote areas of Doti to open bank accounts and disburse loans to ginger farmers who belong to our business partner, Organic Mountain Flavor’s supply chain.
Binod Bajgain, CONNECT Coordinator
CONNECT has partnered with Prabhu Bank Limited (PBL) to provide value chain financing (VCF) support to farmers of ginger, turmeric and other high value spices in the Sahajpur corridor of Doti.
Samir Newar, Managing Director of Organic Mountain Flavor delivered a training session for the 32 Yuva Vayus in his supply chain yesterday (you can read about Yuva Vayus here). The women received training on the principles of organic agriculture, cost of production and price setting, value chain financing and communication. A first step on their journey to becoming leaders and role models within their communities.