The contract of Lyly Food Industry, Ltd and Innovation Against Poverty (IAP) entered into on 30thNovember 2017 to implement the inclusive business project, namely “Improving Livelihood of Smallholder through Processing Fresh Vegetable and Fruit” from November 30, 2017 to December 31, 2019. IAP is funded by Swedish International Development Cooperation Agency (SIDA) which managed by SNV under collaboration of BoP Inc and Incisive Business Sweden granted 170,000 EUR, equally 30 % of investment budget and other 70 % is contributed by Lyly Food Industry, Ltd to implement the inclusive project. This project will contribute to the Royal Government of Cambodia alleviate the poverty and support to the smallholder farmers.
The mission of the project is to improve the income
of fruit and vegetable growers through access secure market and apply Cam-GAP
standard. Lyly Food Industry will establish and coordinate 10 collection points
with 1,500 smallholders which at least 50 % as women and 30 % as youth to
supply their Cam-GAP vegetable and fruit with amount of 3,120 tons in a period
of project’s life. The company leads project implementation and coordinates all
actors along the value chain, including farmer groups, agricultural cooperatives,
service providers, distributors and resource persons from Ministry of
Agriculture, Forestry and Fisheries. Mango, taro, banana, jackfruit, local
potato and pumpkin are the selected crops for processing. The final product
will be ready for trade by third quarter of 2018 for local market and early
2019 for international market. Project is expected that smallholders can
increase their income at least 336 USD per year through access secure
market with guarantee price, yield increasing and access the revolving fund.