Cocoa Chamber Created in Nicaragua

The creation of the union of cocoa farmers in the country aims to implement comprehensive strategies to promote the long-term development of the sector.

Friday, August 15, 2014

More than 60 independent producers and cooperatives have appointed a team to coordinate the legal aspects of the formalization of the Chamber, with which they seek to have better representation and greater government support. reports that "... the decision has arisen to enable all cocoa producers to act as one body and take the same direction in the decisions made as a guild.
They also seek to manage government resources, which they say, are vastly lacking in the productive areas, so that there are services for technical and financial support. "

"...In this sense they acknowledge the support and advice provided by the Institute for Development and Democracy (Ipade) and the funds allocated and they hope to strengthen the Swiss Cooperation for Central America through economic development projects. "

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Tax Benefits: Agricultural Producers Registry

September 2019

On September 2, Costa Rica began the registration of individuals and agricultural producers who wish to opt for the benefits contemplated in the new tax regulations.

The term began on Monday, September 2 and ends on January 31, 2020, and for registration interested parties must submit their physical or legal identity card, and literal certification of the property, informed the Ministry of Agriculture and Livestock (MAG).

Nicaragua: Cocoa Producers Guild

September 2015

The new chamber will focus on collecting data on the actual production of cocoa in the country, improving competitiveness, and seeking business opportunities abroad.

The newly formed Nicaraguan Chamber of Cocoa (Canicacao) intends to professionalise cocoa production in the country, mainly to improve the genetics of plantations, implement new irrigation systems and technology to improve crop productivity and consequently sales abroad.

How much does it cost to renew coffee plantations in El Salvador?

March 2014

The union estimates that 30,000 hectares need to be renewed each year, at a cost of $5,000 for each hectare planted with new trees.

Producers want to improve crop productivity and for this they need funding to rejuvenate coffee farms and fertilize the soil.

In the view of Sergio Ticas, President of the Coffee Association "if the work is done on 30,000 fields each year, production will be two million quintals in a period of four years. To achieve these results we need to plant new plants, carry out pruning, cut backs (cut the stem back to 30 centimeters above the ground) and replace the necessary nutrients, among other tasks. "

Nicaragua: Financial Sector Specializing in Coffee

March 2014

With a loan of $10 million from the World Bank. Grupo Mercon will provide technical assistance and grant funding to coffee producers.

CISA Exportadora del Grupo Mercon and Corporación Financiera Internacional, a member of the World Bank signed a loan agreement for $10 million in support of coffee growing in Nicaragua.

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