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HA-T1268 : Vetiver Forward: Digital Innovation for a Fair and Sustainable Value Chain

Project Status: Implementation

This project aims to improve the daily lives of 3,000 Haitian farmers by allowing them to sell superior quality vetiver roots directly to local distilleries while placing Haiti as the world's leading supplier of vetiver oil. Through a digital solution, the Vertiver Forever project brings together all the actors in the vetiver value chain to optimize its traceability and ensure that a fair remuneration is paid to small Haitian farmers.

Project Detail

Project Number
HA-T1268
Approval date
January 22, 2020
Project Country
Haiti
Project Sector
AGRICULTURE AND RURAL DEVELOPMENT
Project Subsector
AGRIBUSINESS
Project Type
Technical Cooperation
Environmental and social impact category
C
Project Status
Implementation
Operation Number
ATN/MB-18552-HA

Financial Information

Project Number
HA-T1268
Project Status
Implementation

IDB Financing

Financing type
TCN
Fund
MIF-Haiti Fund
Reporting currency
USD - United States Dollar
Reporting date
Jun/23/2022

Roles & Responsibilities

Contract signature date
Apr/21/2020
Operation Number
ATN/ME-17894-HA

Financial Information

Project Number
HA-T1268
Project Status
Implementation

IDB Financing

Financing type
TCN
Fund
Multilateral Investment Fund II (MIF) -
Reporting currency
USD - United States Dollar
Reporting date
Jun/23/2022

Roles & Responsibilities

Contract signature date
Apr/21/2020

Project Information

Total Cost
USD 3,617,487
Country counterpart financing
USD 1,717,487
Amount
USD 1,900,000

Approved

Title
Type
Project Number
Date Published
Donors Memorandum
HA-T1268
July 12, 2020
Donors Memorandum
HA-T1268
July 12, 2020