{"id":400021,"date":"2020-12-15T09:04:12","date_gmt":"2020-12-15T14:04:12","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=400021"},"modified":"2020-12-15T09:04:12","modified_gmt":"2020-12-15T14:04:12","slug":"root-capital-announces-partnership-for-sustainable-supply-chains-with-keurig-dr-pepper-usaid-and-ezrah-charitable-trust","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/root-capital-announces-partnership-for-sustainable-supply-chains-with-keurig-dr-pepper-usaid-and-ezrah-charitable-trust\/","title":{"rendered":"Root Capital Announces Partnership for Sustainable Supply Chains with Keurig Dr Pepper, USAID and Ezrah Charitable Trust"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">Partnership to deliver critical aid to support resiliency of small agricultural businesses reeling from impacts of COVID-19<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">CAMBRIDGE, Mass.<\/span> and\u00a0BURLINGTON, Mass. and <span class=\"xn-location\">PLANO, Texas<\/span>, <span class=\"xn-chron\">Dec. 15, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0Root Capital today announced the launch of the Partnership for Sustainable Supply Chains (the Partnership) in collaboration with Keurig Dr Pepper, U.S. Agency for International Development (USAID) and Ezrah Charitable Trust. COVID-19 has exacerbated the complex challenges faced by farmers of agricultural crops relied on by the food and beverage industries. The Partnership\u00a0will provide financial support and advisory services to agricultural businesses, including coffee, representing 150,000 farmers in 12 countries across <span class=\"xn-location\">Africa<\/span>, <span class=\"xn-location\">Latin America<\/span> and <span class=\"xn-location\">Indonesia<\/span>, helping them to withstand the current pandemic, and building their resiliency for years to come.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1385812\/Root_Capital_Coffee_drying_team_member_in_Africa.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1385812\/Root_Capital_Coffee_drying_team_member_in_Africa.jpg\" title=\"Root Capital - Coffee drying team member in Africa\" alt=\"Root Capital - Coffee drying team member in Africa\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>&#8220;With the onset of COVID-19, the ability of small and growing businesses in the agriculture sector to provide critical employment, continued income generation, protection of vulnerable ecosystems and essential services to rural communities has never been more vital,&#8221; said <span class=\"xn-person\">Willy Foote<\/span>, Founder and CEO of Root Capital. &#8220;From Peru to the <span class=\"xn-location\">Democratic Republic of Congo<\/span>, these enterprises are under enormous strain. Yet, with support, they have met the challenge head-on\u2014not only maintaining their business operations, but also protecting both the lives and livelihoods of their farmers and employees.&#8221;<\/p>\n<p>Over the next three years, the Partnership will focus on helping smallholder farm businesses withstand the immediate COVID-19 crisis, recover in the medium-term and re-imagine their strategies for growth and success in the long-term &#8220;new normal.&#8221; Together, the Partnership will expand upon existing COVID-19 response efforts to strengthen smallholder farmer resilience through: <\/p>\n<ul type=\"disc\">\n<li>tailored advisory services that respond to the most urgent challenges of smallholder farm businesses, adapted to this era of remote service delivery <\/li>\n<li>small grants to address cash flow constraints and meet the emergency needs of rural communities, and <\/li>\n<li>flexible credit via patient loan terms, interest rate relief and debt forgiveness for enterprises most at risk. <\/li>\n<\/ul>\n<p>The Partnership for Sustainable Supply Chains will be complemented by a <span class=\"xn-money\">$35 million<\/span> loan guarantee from the U.S. International Development Finance Corporation (DFC). This improves Root Capital&#8217;s lending capacity by mitigating the perceived risk associated with lending to these agricultural businesses. <\/p>\n<p>&#8220;By leveraging our longstanding partnership with Root Capital, we were able to quickly pivot to support those in our supply chain most vulnerable to the threats of COVID-19 and ongoing challenges such as climate change and food insecurity,&#8221; said <span class=\"xn-person\">Monique Oxender<\/span>, Chief Sustainability Officer for Keurig Dr Pepper. \u00a0&#8220;Our contribution to the Partnership for Sustainable Supply Chains is an extension of our deep-rooted commitment to partnering with our coffee growing communities to improve livelihoods and safeguard the future of coffee and will help to support business continuity and resiliency for our coffee suppliers in countries across <span class=\"xn-location\">Latin America<\/span>, <span class=\"xn-location\">Africa<\/span> and <span class=\"xn-location\">Indonesia<\/span>.&#8221;<\/p>\n<p>The Partnership for Sustainable Supply Chains builds on the progress and lessons learned from the <u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3013129-1&amp;h=1574323600&amp;u=https%3A%2F%2Frootcapital.org%2Fcorporate-government-partners-support-smallholder-coffee-farmers%2F&amp;a=Partnership+for+Sustainable+Coffee\" rel=\"nofollow noopener noreferrer\">Partnership for Sustainable Coffee<\/a><\/u>, a three-year collaboration in which Keurig Dr Pepper, Root Capital and USAID reached 183 farmer businesses through Root Capital&#8217;s lending and advisory services, supporting sustainable livelihoods for 330,000 smallholder coffee farmers and their families. These projects have contributed to Keurig Dr Pepper&#8217;s achievement of its goal to engage one million people in the company&#8217;s supply chain to significantly improve their lives by the end of 2020. <\/p>\n<p>\n        <b>For more information, contact: <br \/><\/b><br \/>\n        <span class=\"xn-person\">Kristin Williams<\/span>, Root Capital, <a target=\"_blank\" href=\"mailto:kwilliams@rootcapital.org\" rel=\"nofollow noopener noreferrer\">kwilliams@rootcapital.org<\/a><br \/><span class=\"xn-person\">Sarah Holland<\/span>, Keurig Dr Pepper, <a target=\"_blank\" href=\"mailto:Sarah.Holland@kdrp.com\" rel=\"nofollow noopener noreferrer\">Sarah.Holland@kdrp.com<\/a><\/p>\n<p>\n        <b>About Root Capital<br \/><\/b>Root Capital invests in the growth of agricultural enterprises so they can transform rural communities. These businesses purchase crops such as coffee, cocoa, or grains from smallholder farmers. With growth, they become engines of impact that can raise incomes, create jobs, empower women and young people, sustain peace, and preserve vulnerable ecosystems. We supply these businesses with vital resources: access to capital, trade and technical partners, financial training and conservation practices. We work in hard-to-serve geographies where others don&#8217;t. To date, we&#8217;ve distributed <span class=\"xn-money\">$1.5 billion<\/span> to improve the lives of nine million people in farming communities.<\/p>\n<p>\n        <b>About Keurig Dr Pepper<br \/><\/b>Keurig Dr Pepper (KDP) is a leading beverage company in\u00a0North America, with annual revenue in excess of\u00a0$11 billion\u00a0and nearly 26,000 employees. KDP holds leadership positions in soft drinks, specialty coffee and tea, water, juice and juice drinks and mixers, and markets the #1 single serve coffee brewing system in the U.S. and\u00a0Canada. The Company&#8217;s portfolio of more than 125 owned, licensed and partner brands is designed to satisfy virtually any consumer need, any time, and includes Keurig\u00ae, Dr Pepper\u00ae, Green Mountain Coffee Roasters\u00ae, Canada Dry\u00ae, Snapple\u00ae, Bai\u00ae, Mott&#8217;s\u00ae, CORE\u00ae and The Original Donut Shop\u00ae. Through its powerful sales and distribution network, KDP can deliver its portfolio of hot and cold beverages to nearly every point of purchase for consumers. The Company is committed to sourcing, producing and distributing its beverages responsibly through its\u00a0<i>Drink Well. Do Good.<\/i>\u00a0corporate responsibility platform, including efforts around circular packaging, efficient natural resource use and supply chain sustainability. For more information, visit,\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3013129-1&amp;h=1887131378&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D2960493-1%26h%3D2499141871%26u%3Dhttp%253A%252F%252Fwww.keurigdrpepper.com%252F%26a%3Dwww.keurigdrpepper.com&amp;a=www.keurigdrpepper.com\" rel=\"nofollow noopener noreferrer\">www.keurigdrpepper.com<\/a>.<\/p>\n<p>\n        <b>About Ezrah Charitable Trust<br \/><\/b>Ezrah Charitable Trust is a <span class=\"xn-location\">North Carolina<\/span> based, <span class=\"xn-location\">Africa<\/span>-focused private foundation that is privileged to fund high quality implementing organizations, such as Root Capital, and to support their passionate, intelligent, creative, nimble, and humble service to and partnership with the world&#8217;s most disadvantaged people, in order to deliver real solutions to real problems at scale.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1385813\/Root_Capital_Coffee_team_member_in_Peru.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1385813\/Root_Capital_Coffee_team_member_in_Peru.jpg\" title=\"Root Capital - Coffee team member in Peru\" alt=\"Root Capital - Coffee team member in Peru\" \/><br \/>\n          <\/a>\n        <\/p>\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1385814\/Root_Capital_Coffee_team_member_in_Indonesia.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1385814\/Root_Capital_Coffee_team_member_in_Indonesia.jpg\" title=\"Root Capital - Coffee team member in Indonesia\" alt=\"Root Capital - Coffee team member in Indonesia\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA24138&amp;sd=2020-12-15\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/root-capital-announces-partnership-for-sustainable-supply-chains-with-keurig-dr-pepper-usaid-and-ezrah-charitable-trust-301192944.html\">http:\/\/www.prnewswire.com\/news-releases\/root-capital-announces-partnership-for-sustainable-supply-chains-with-keurig-dr-pepper-usaid-and-ezrah-charitable-trust-301192944.html<\/a><\/p>\n<p>SOURCE  Keurig Dr Pepper<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DA24138&amp;Transmission_Id=202012150900PR_NEWS_USPR_____DA24138&amp;DateId=20201215\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Partnership to deliver critical aid to support resiliency of small agricultural businesses reeling from impacts of COVID-19 PR Newswire CAMBRIDGE, Mass. and\u00a0BURLINGTON, Mass. and PLANO, Texas, Dec. 15, 2020 \/PRNewswire\/ &#8212;\u00a0Root Capital today announced the launch of the Partnership for Sustainable Supply Chains (the Partnership) in collaboration with Keurig Dr Pepper, U.S. Agency for International Development (USAID) and Ezrah Charitable Trust. COVID-19 has exacerbated the complex challenges faced by farmers of agricultural crops relied on by the food and beverage industries. The Partnership\u00a0will provide financial support and advisory services to agricultural businesses, including coffee, representing 150,000 farmers in 12 countries across Africa, Latin America and Indonesia, helping them to withstand the current pandemic, and building their resiliency for years to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/root-capital-announces-partnership-for-sustainable-supply-chains-with-keurig-dr-pepper-usaid-and-ezrah-charitable-trust\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Root Capital Announces Partnership for Sustainable Supply Chains with Keurig Dr Pepper, USAID and Ezrah Charitable Trust&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-400021","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Root Capital Announces Partnership for Sustainable Supply Chains with Keurig Dr Pepper, USAID and Ezrah Charitable Trust - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/root-capital-announces-partnership-for-sustainable-supply-chains-with-keurig-dr-pepper-usaid-and-ezrah-charitable-trust\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Root Capital Announces Partnership for Sustainable Supply Chains with Keurig Dr Pepper, USAID and Ezrah Charitable Trust - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Partnership to deliver critical aid to support resiliency of small agricultural businesses reeling from impacts of COVID-19 PR Newswire CAMBRIDGE, Mass. and\u00a0BURLINGTON, Mass. and PLANO, Texas, Dec. 15, 2020 \/PRNewswire\/ &#8212;\u00a0Root Capital today announced the launch of the Partnership for Sustainable Supply Chains (the Partnership) in collaboration with Keurig Dr Pepper, U.S. Agency for International Development (USAID) and Ezrah Charitable Trust. COVID-19 has exacerbated the complex challenges faced by farmers of agricultural crops relied on by the food and beverage industries. The Partnership\u00a0will provide financial support and advisory services to agricultural businesses, including coffee, representing 150,000 farmers in 12 countries across Africa, Latin America and Indonesia, helping them to withstand the current pandemic, and building their resiliency for years to &hellip; Continue reading &quot;Root Capital Announces Partnership for Sustainable Supply Chains with Keurig Dr Pepper, USAID and Ezrah Charitable Trust&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/root-capital-announces-partnership-for-sustainable-supply-chains-with-keurig-dr-pepper-usaid-and-ezrah-charitable-trust\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-15T14:04:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1385812\/Root_Capital_Coffee_drying_team_member_in_Africa.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/root-capital-announces-partnership-for-sustainable-supply-chains-with-keurig-dr-pepper-usaid-and-ezrah-charitable-trust\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/root-capital-announces-partnership-for-sustainable-supply-chains-with-keurig-dr-pepper-usaid-and-ezrah-charitable-trust\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Root Capital Announces Partnership for Sustainable Supply Chains with Keurig Dr Pepper, USAID and Ezrah Charitable Trust\",\"datePublished\":\"2020-12-15T14:04:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/root-capital-announces-partnership-for-sustainable-supply-chains-with-keurig-dr-pepper-usaid-and-ezrah-charitable-trust\\\/\"},\"wordCount\":917,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/root-capital-announces-partnership-for-sustainable-supply-chains-with-keurig-dr-pepper-usaid-and-ezrah-charitable-trust\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1385812\\\/Root_Capital_Coffee_drying_team_member_in_Africa.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/root-capital-announces-partnership-for-sustainable-supply-chains-with-keurig-dr-pepper-usaid-and-ezrah-charitable-trust\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/root-capital-announces-partnership-for-sustainable-supply-chains-with-keurig-dr-pepper-usaid-and-ezrah-charitable-trust\\\/\",\"name\":\"Root Capital Announces Partnership for Sustainable Supply Chains with Keurig Dr Pepper, USAID and Ezrah Charitable Trust - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/root-capital-announces-partnership-for-sustainable-supply-chains-with-keurig-dr-pepper-usaid-and-ezrah-charitable-trust\/","og_locale":"en_US","og_type":"article","og_title":"Root Capital Announces Partnership for Sustainable Supply Chains with Keurig Dr Pepper, USAID and Ezrah Charitable Trust - Market Newsdesk","og_description":"Partnership to deliver critical aid to support resiliency of small agricultural businesses reeling from impacts of COVID-19 PR Newswire CAMBRIDGE, Mass. and\u00a0BURLINGTON, Mass. and PLANO, Texas, Dec. 15, 2020 \/PRNewswire\/ &#8212;\u00a0Root Capital today announced the launch of the Partnership for Sustainable Supply Chains (the Partnership) in collaboration with Keurig Dr Pepper, U.S. Agency for International Development (USAID) and Ezrah Charitable Trust. COVID-19 has exacerbated the complex challenges faced by farmers of agricultural crops relied on by the food and beverage industries. The Partnership\u00a0will provide financial support and advisory services to agricultural businesses, including coffee, representing 150,000 farmers in 12 countries across Africa, Latin America and Indonesia, helping them to withstand the current pandemic, and building their resiliency for years to &hellip; Continue reading \"Root Capital Announces Partnership for Sustainable Supply Chains with Keurig Dr Pepper, USAID and Ezrah Charitable Trust\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/root-capital-announces-partnership-for-sustainable-supply-chains-with-keurig-dr-pepper-usaid-and-ezrah-charitable-trust\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-15T14:04:12+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1385812\/Root_Capital_Coffee_drying_team_member_in_Africa.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/root-capital-announces-partnership-for-sustainable-supply-chains-with-keurig-dr-pepper-usaid-and-ezrah-charitable-trust\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/root-capital-announces-partnership-for-sustainable-supply-chains-with-keurig-dr-pepper-usaid-and-ezrah-charitable-trust\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Root Capital Announces Partnership for Sustainable Supply Chains with Keurig Dr Pepper, USAID and Ezrah Charitable Trust","datePublished":"2020-12-15T14:04:12+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/root-capital-announces-partnership-for-sustainable-supply-chains-with-keurig-dr-pepper-usaid-and-ezrah-charitable-trust\/"},"wordCount":917,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/root-capital-announces-partnership-for-sustainable-supply-chains-with-keurig-dr-pepper-usaid-and-ezrah-charitable-trust\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1385812\/Root_Capital_Coffee_drying_team_member_in_Africa.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/root-capital-announces-partnership-for-sustainable-supply-chains-with-keurig-dr-pepper-usaid-and-ezrah-charitable-trust\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/root-capital-announces-partnership-for-sustainable-supply-chains-with-keurig-dr-pepper-usaid-and-ezrah-charitable-trust\/","name":"Root Capital Announces Partnership for Sustainable Supply Chains with Keurig Dr Pepper, USAID and Ezrah Charitable Trust - 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