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Agency / Source: Barry Callebaut AG

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Barry Callebautís Mobile Banking Program Reaches its 10,000th Cocoa Farmer - A new mobile phone under the cocoa tree: a few days before Christmas, Barry Callebaut celebrates the 10,000th cocoa farmer to join its mobile banking program - Barry-Callebaut.com
Barry Callebautís Mobile Banking Program Reaches its 10,000th Cocoa Farmer

 

PRZOOM - /newswire/ - Zurich, Switzerland, 2015/12/15 - A new mobile phone under the cocoa tree: a few days before Christmas, Barry Callebaut celebrates the 10,000th cocoa farmer to join its mobile banking program - Barry-Callebaut.com. BARN

   
 
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Earlier today, Zallť Alimissi Salame, from the village of Tiokorodougou, received his mobile phone and solar charger from Barry Callebautís local team in Yamoussoukro, CŰte díIvoire.

This innovative financial system is based on secure mobile phone technology and offered to farmers who are registered with Biopartenaire, Barry Callebautís direct farmer sourcing and services organization in CŰte díIvoire. Once farmers are equipped and signed up, payment for the delivery of cocoa beans is made directly into the farmerís mobile account. The farmerís financial assets are password-secured to avoid theft, a constant worry of farmers keeping cash. The mobile money can be used directly for payments at shops or public institutions, or cash may be withdrawn at cashpoints.

The mobile banking program was born from a partnership between Biopartenaire and mobile phone services provider Orange CI. The cost of solar chargers and the withdrawal costs are financially supported through a public-private partnership program between DEG (Deutsche Entwicklungsgesellschaft) and Barry Callebaut.

Andres Tschannen, who initiated the program when he was running Biopartenaire, is proud of its achievement so far: ďMobile banking represents a step-change in making cocoa farming a more professional and sustainable business. It benefits ten thousand farmers and their families and underlines Barry Callebautís strategy to support farmer livelihoodsĒ.

 
 
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Agency / Source: Barry Callebaut AG

 
 

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Barry Callebautís Mobile Banking Program Reaches its 10,000th Cocoa Farmer

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Barry Callebaut AG | Biopartenaire
Contact: Jens Rupp - Barry-Callebaut.com 
+41 43 204 03 76 jens_rupp[.]barry-callebaut.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Barry Callebaut AG securities in any jurisdiction including any other companies listed or named in this release.

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