COOAGRONEVADA - Cooperativa de Caficultores y Agricultores de la Sierra Nevada de Santa Marta
“For our organization it is important to build and maintain lasting business relationships with exporters, importers and roasters, and therefore obtain a minimum price based on supply and demand dynamics, in order to avoid speculative bubbles and crashes.” ”
Sandra Palacios, General Manager
Productivity & Quality
COOAGRONEVADA members benefit from the coop supplying seeds, sacks, and organic fertilizers so that they can renovate and maintain their farms. COOAGRNEVADA invested in milling upgrades, and purchased a roaster for the purposes of their own labeled brand, another added value niche to generate income.
COOAGRONEVADA invested the premium in improving infrastructure, including water treatment and housing. This helps improve both members’ livelihoods, but also the environment and the quality of their coffee. The premium also allowed for the creation of life insurance and mortuary funds, as well as a fund to bring education and sports to members and their children.
In order to be a successful and strong organization, COOAGRONEVADA invested in coop physical infrastructure, and internal control, certification, and technical assistance costs. COOAGRENVADA also invests the premium in accessing high-priced, international markets by attending important industry events. Additionally the premium was used as capital to be able to collect coffee from members, an essential activity during the busy harvest season.