Tolaro Global Unshelling Africa’s Potential Cashew Grocery Retail Initiative Roasting, seasoning, & packaging hhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

Projects for Progress invests in local community to create a sustainable environment for development >300 WOMEN Life Skills 30,000 RESIDENTS Access to Clean Water >300 WOMEN Start-ups 18-month course teaches life skills, economics, & health 8 wells built and operating over the last seven years Graduates of Life Skills course are eligible for business start-up training and interest free loans

Tolaro Global is a cashew processor that provides life changing choices in West Africa Inclusive business with community focus Process and package cashew nuts for export to Europe and US November 2010 Launched by Projects for Progress March 2011 Broke ground on 1st factory (Tourou, Benin) December 2011 Started processing cashews in factory

We are investing in business expansion to promote community development 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%

Unshelling Africa’s Potential Tolaro’s goal is to expand capacity with world class facilities to serve larger markets … 2016 2017 2020 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

Absence of hope, due to lack of relationship Unshelling Africa’s Potential Poverty Absence of hope, due to lack of relationship

Unshelling Africa’s Potential Note: The two adult children referenced in the story were working when photo was taken.

Inclusive business = good business Unshelling Africa’s Potential Inclusive business = good business “Tolaro Global joins the Business Call to Action” theguardian

The Innovation in Tolaro Global Rotisage Unshelling Africa’s Potential The Innovation in Tolaro Global Rotisage An off-grid, SQF/BRC-certified, highly automated facility, in which the kernels are not exposed after they are loaded onto the in-feed conveyor for the roaster. Responsible Retail product, including Organic, Fair Trade, Hypo-allergenic 3200 Farmers, including 800 women, will receive instruction, via train-the- trainer methodology, in growing organic, as well as in Tolaro’s already proven techniques for increasing crop yields and intercropping staple foods. Supplier Farmer Coops receive 10% of Net Income

We are looking for strategic partnerships to access the following: Unshelling Africa’s Potential We are looking for strategic partnerships to access the following: Investment Capital: Tolaro is currently seeking an investment of $750,000 to help build a world-class roasting, salting, and packaging for retail operation. Working Capital: The new business may require a line of credit to cover AP during the first twelve months of operations. Maximum need is $450,000 in month six.

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