Cashew Grocery Retail Initiative Roasting, Seasoning, & Packaging Unshelling Africa’s Potential Tolaro Global

Tolaro Global is an outgrowth of Projects for Progress, which promotes an inclusive approach to sustainable development. 8 wells built and operating over the last seven years 18-month course teaches life skills, economics, & health Graduates of Life Skills course are eligible for business start-up training and interest free loans >300 WOMEN Life Skills 30,000 RESIDENTS Access to Clean Water >300 WOMEN Start-ups

Launched in 2010 in Tourou, Benin, Tolaro Global is a leader in the primary processing of cashews, in cashew-rich West Africa. Employees receive industry leading wages, healthcare, childcare and meals 50% of positions in the 1st factory are filled by women, including supervisory roles 2,400 farmers have been trained through the train-the- trainer approach and farmer yields have increased 100% CREATED OVER 600 JOBS FOR BENINESE OVER 80% RETENTION RATE BUYS FROM 7000 FARMERS

Build world-class nut roasting, seasoning, and packaging facility Build additional larger primary nut processing facility Employ 2,500 Beninese in our processing and packaging businesses Expand current primary processing facility Generate steam for operations by burning pressed shells to supply Purchase from 20k small holder farmers Build cashew nut shell liquid processing operation Build micro-grid by Solar PV Invest more than USD 12M in Benin operations Unshelling Africa’s Potential Tolaro plans to expand primary processing capacity, and to capture more of the value chain for cashews, and to build a micro-grid. … …

Unshelling Africa’s Potential The Innovation in Tolaro Global Rotisage Off-grid, safe-quality certified, highly automated facility Organic, Fair Trade, Hypo-allergenic 3200 Farmers will be trained in organic cultivation Supplier Farmer Coops receive 10% of Net Income

Tolaro’s new business will deliver a product that is the most attractive and most responsible product in the organic and snack food aisles, competing well in both aisles on appearance, features and price. An investment capital of $750,000 will help build a world- class roasting, salting, and packaging facility and a $450,000 line of credit for working capital will help sustain operations for the first 12 months at the new factory. Unshelling Africa’s Potential

Bob Leon, Project Manager Tolaro’s Website: Unshelling Africa’s Potential Contact Information

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