Pacari, started by Carla Barbotó and Santiago Peralta created Ecuador’s first locally manufactured, premium chocolate bar. Pacari aims to benefit both consumers and producers. Pacari works directly with its cocoa growers to ensure farmers are trained and can deliver high quality cocoa. Pacari’s chocolate is 100% organic, soy free, gluten free, and dairy free. Pacari pays farmers for quality, offering roughly 2x the market price for their cocoa beans. Pacari currently works with 3,500 farmers, for cocao and other ingredients such as golden berries, Andean blueberries, salt, chile, and guayusa.
The loan will be used to buy cocao from a new association of 30 small scale farmers with 90 hectares land. Pacari will purchase 660 quintals of cocao which will generate an approximate revenue of USD 105k for the association.