CocoAsenso

CocoAsenso is developing a network of medium-scale factories in remote areas of the Philippines where coconuts can easily be sourced directly from local farmers. This finally gives farmers an alternative to producing copra—but that’s not all. Our deal with farmers is that if they sell us whole coconuts, we’ll give them a part-time job at the factory. This will increase the average farmer’s income from coconuts by 85%. Furthermore, the deep relationships we are building with local farmers will enable us to effectively work together to create thriving coconut farming communities where farmers have access to high-quality coconut seedlings, markets for crops planted between their trees, financial services and more. Awards: DBS - NUS Social Venture Challenge Winner (Ideas Category) BPI Sinag Challenge