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FUNDAR PwP Rural Development Program. Objective: contribute to the integral development of communities and assure new supply of corn near our production plants. Our Sustainability Vision
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FUNDARPwP Rural Development Program Objective: contribute to the integral development of communities and assure new supply of corn near our production plants.
Our Sustainability Vision Strive to continuously improve all aspects of the world in which we operate: environment, social and economic, creating a better tomorrow than today.
Sabritas Corn needs: 25% from small producers Insufficient production and uncertain quality. Unfeasible long term relationship with corn suppliers (cost plus) under current social and economic conditions. Location: Jalisco & Michoacán, close to our production site. 60% from large producers Transportation and warehouse costs. Location: Sinaloa, far from our production site. Small producers 59% of Mexico production: Less than 5 Ha. mainly production for subsistence. Low yields and low profit. No funding. No insurance. No technical support or education. No commercialization certainty because of brokers, market conditions & others. Migration Program background
Capabilities Proven results: Increased yields and quality of produce. Social Organization and cultural change. Coordination of all activities and participants. Already associated with key participants for supplies, funding, and insurance: Monsanto, FYPA, National Insurance Co, and others. Accountability audited by Mancera, Ernst & Young. Non profit NGO with 40+ years of experience working with poor rural families in Mexico. National and international influence and recognition. High media exposure. Why FUNDAR?
Program Description Producers Fundar Other SACC $900 MMUSD
Performance Development of long term corn suppliers (cost plus) meeting volume, quality and price. Improved reputation and image: poverty reduction through economic development and education. $100 MUSD per year potential warehouse and transport cost reduction. $50 MUSD per year potential price cost reductions. Purpose Social development for 300 families in Jalisco. Access to funding Access to technical support 80% improved land productivity 400% income increase 30,000 hrs of education. Community building