Announcing our Second leveraged Investment into the Pacific with Tanna Coffee

TDi are proud and excited to announce the second investment that we enabled into the Pacific. Following months of working closely with various partners across the region including DFAT and Pacific Trade & Invest, we are pleased to announce that we have leveraged $656,000 in investment capital,  for a business making a real difference to peoples’ lives in the South Pacific.

In 2015, Cyclone Pam devastated many of Vanuatu’s 84 islands. One island, called Tanna, suffered the full force of the storm, and the coffee-growing hub, comprised of 750,000 plants, was almost completely flattened. This left nearly 500 of Tanna’s local farmers and their families without any source of income.

The collective of coffee farmers work with the enterprise Tanna Coffee to produce some of the rarest single-origin blend on the planet. The coffee plants on Tanna grow in volcanic soil, 400 metres above sea level, giving the coffee a unique flavour. Coffee also makes up majority of the profitable agriculture on the island and is the primary source of livelihood for a large portion of the population. It was vital that this industry survive the storm and be rejuvenated.

“In the long term, a sustainable economy in Vanuatu will reduce the nation’s reliance on foreign aid, including the $62.5 million [1]  in aid that the country is estimated to receive from DFAT this financial year”.

— Anthea Smits, Deputy CEO at TDi

 

When DFAT approached TDi about working in the Pacific to discover what doing good and making money looked like in a developing context, we took up the opportunity and the challenge willingly. Our Pacific team, comprised of Anthea Smits and Anna Moegerlein, have been working with Tanna Coffee over the last year to help regenerate the business, set them up for long-term sustainability and to help them have a greater impact on Vanuatu’s local economy. We also helped to leverage their investment.

The majority of the investment will be utilised to rehabilitate the crops that were damaged by Cyclone Pam, and redeveloping 200 hectares of land. This will help to increase Tanna Coffee’s annual production from 100 tonne to 250 tonne and the land will be equally distributed among 200 local farmers. Ultimately, when you consider the income that will be directed back into the community, this investment will help to improve the lives of more than 5,000 people, 16% of Tanna’s population.

 

“We have trained and empowered all the farmers to become self-sufficient individuals and we now pay them up to 270vatu (AUD 3.20) per kg for their sun-dried coffee parchment (up from AUD 25c), providing an enormous back-flow direct into the community”

– Terry Adlington, Managing Director at Tanna Coff

 

Managing Director Terry Adlington adds, “We have worked with TDi on an overall plan for sustainable growth to increase coffee production… and anticipate farmers’ incomes to increase by 20% as a result of the investment, which will increase peoples’ livelihoods and improve their ability to afford consistent education for their children.”
We are immensely proud of the growth and development that the team at Tanna Coffee has achieved over the past year. It is incredible to see local farmers being empowered through industry and sustainable business. We are so excited by this model of business and its capacity to both do good and make money for communities in developing regions.

“This is groundbreaking for the Pacific Islands, and has the potential to help Tanna Island achieve long-term trade independence and a sustainable economy”.

— Caleb Jarvis, Australian Trade Commissioner for the Pacific

 

Tanna Coffee is currently stocked in most of Vanuatu’s premium resorts, restaurants and cafés, along with Air Vanuatu and Au Bon Marche Supermarkets, as well as providing strong regional sales to Fiji, Samoa, Australia and New Zealand.

 

Remember when an Oscar-nominated film was made on Tanna island? We caught up with the directors, check it out here. This is our second investment in the Pacific, check out the work we did with Samoa Coconut Cluster here.

Customer Empathy Interviewing

When was the last time you asked your customers what they thought? We use Customer Empathy Interviews to help businesses deeply understand their customers and design competitive products and services. It’s also been one of our top coaching tips for business owners...

Pivoting your business model during a crisis

A conversation with Geert from FarmWallGeert Hendrix founded FarmWall in 2016. Farmwall is an agrifood-tech startup that designs urban farming technology and experiences to enhance fresh produce accessibility in the city. In our constantly developing world, the need...

Business During COVID-19: In perspective

At TDi, we believe in the significance and power of small business’ and social enterprise’s contribution to life and the economy. It is this belief that drives us to support them now more than ever.

Working from Home

It’s one thing to make the choice to work from home, but it’s another to be forced to for reasons beyond your control. Even the seasoned work from homers are feeling the pinch in this time of forced isolation – I am no exception!! Oh, and throw in supervision of remote learning for your children and it’s even more challenging.

Surviving the campsite in the COVID-19 crisis

Two weeks ago, I shared with the team an analogy of a campsite. I reflected that our house has burnt down and we are struggling to reconcile the shock and the grief of all that is happening. I shared with them that I’ve been thinking that we need to set up camp, for now while we figure out how to reinvent for the new normal. We have a temporary place of residence and it’s not what we would have chosen but we can create from it. So, for the past two weeks, we have been focused on getting the campsite set up, trying to work out where stuff goes, who’s sleeping where and how to trade out of a tent.

COVID-19 Support Options Available for Your Business

We have compiled a comprehensive list of support available to Social Entrepreneurs, Not-for-Profits and SMEs in Australia.

Navigating upheaval: our last 7 days

Like most small business and NFPs we only just began to comprehend the wholescale impact of the Coronavirus on our business and the Australian economy last week. Within 7 days it hit us hard.

Koongarra cultural tourism: creating experiences and opportunities in Kakadu National Park

Meet Difference Maker James Morgan and cultural tourism entrepreneur. James was a participant of our most recent Indigenous Business Australia (IBA) Accelerator Program. “I feel privileged to have an education, but I had to move away. I want to create more...

The hidden value of creative industries: bringing life to many economies: International Women’s Day 2020

It fascinated us that creative industries aren’t included in Papua New Guinea’s GDP, in fact there is very little data to understand the economic impact of creative industries in PNG. This is staggering considering that creative industries represent $US2.250 Billion in the global economy (World Economic Forum, 2015). This includes all creative industries including visual arts, media, TV, music etc. Other research suggests Handicrafts contributes around US$32 Billion to the global economy (The Aspen Institute Artisan Alliance) but this is a difficult figure to nail down when whole economies don’t even count handicrafts in their GDP.

Other interesting facts from the World Economic Forum’s study found that Creative industries are more inclusive employers employing more youth (15-29 years) than any other sector, employ a higher percentage of women compared to other sectors globally and small business makes up a large portion of this sector as well. In the US artists are 3.5 times more likely to be self-employed.

TDi enters a new stage of consciousness and clarity

What is TDi? This is a question we are asked all the time, and have struggled to answer with real clarity. TDi started as a private quest in response to societal problems, long before it became a public conversation which culminated into the entity today we call The...