Projects

Project Spice

Corekees project since 2023

A sustainable agriculture project in Nicaragua and Honduras through which we are making the entire spice chain sustainable. We help coffee farmers diversify their supply by growing bio-certified crops. This way, they improve the biodiversity of their land and increase their income.


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€148,000.-

100% sold
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Total campaign: €148,000

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Projectdetails

Status: Pilot Campaign

Price per bond: €148.-

ROI: 7.0%/year

Bond maturity: 5 years

Risks & AFM

The downside of coffee

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AN UNCERTAIN FUTURE 

Climate change has negative consequences, also for local coffee farmers in Nicaragua and Honduras. Rising temperatures and precipitation increase the risk of diseases, such as coffee rust 'La Roya'.  This creates uncertainty about the harvest and thus their income. 

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UNTENABLE SITUATION

Agriculture is the source of income for many inhabitants of Central America. Every effort is therefore made to have and use a lot of agricultural land. This goes hand in hand with deforestation and soil erosion. This makes the land less fertile and reduces the yields.

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DEPENDENT ON LOCAL MARKETS

International companies set high standards for sourcing coffee and spices. Local farmers can barely meet these high demands and are therefore forced to sell their products to local and volatile markets.

This creates an untenable situation for coffee farmers with low incomes and few prospects.  This is the reason our project partner was established in 2018.


THE OPPORTUNITIES OF ORGANIC SPICES 

The solution to this untenable situation lies in the transition to growing organically certified crops that offer more security and future prospects. With your investment, we can help coffee farmers make this transition. This project gives farmers in Nicaragua and Honduras more confidence and financial security and makes the entire spice chain more sustainable. 

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Global spice market

Proper certification opens the doors to the growing global spice market.

Higher income

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With crop diversification and a larger market, farmers receive a fairer and higher income (up to 3.75x more)

Fertile and healthy land

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The crops are grown through agroforestry, which ensures a healthier land where diseases such as coffee rust are less likely. It enriches the farmland and results in a better harvest.

WHY ORGANIC SPICES 

  • Spices offer farmers more income than growing coffee exclusively (up to 3.75 times)
  • Crop diversification reduces dependence on volatile local markets
  • There is increasing demand for organic spices on the global market
  • Spices are grown sustainably without pesticides

  • Spices have many health benefits 
DOWNLOAD INFORMATION BROCHURE

Agroforestry

Agroforestry is used in the cultivation of spices. This involves combining different crops and trees on the same piece of land. This farming method increases the soil's capacity to absorb CO2, improves soil quality, is less susceptible to diseases and boosts crop yields.

Making the spice chain more sustainable

Together with the 350 member farmers, the global demand for traceable high-quality organic spices can be met. With Project Spice, we make the entire spice chain more sustainable and allow all parts to benefit.

Local economy

Besides improving the conditions of the member farmers (families), the project also provides full-time employment for about 30 local Nicaraguans. In the peak months (harvest season), this rises to 110 seasonal workers.

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The processing

An important link within Project Spice is the processing of the spices. This is done in the professional production facility of our local project partner. This facility opens the doors to the global market for the local farmers. 

The organically grown crops are processed into quality end products in a safe environment. This includes cleaning, drying, sorting and powdering the spices.

Due to the highly correct processing, our project partner holds important certificates, including BRC, Kosher, Global GAP and Global GRASP. This ensures compliance with the high quality requirements of the global spice market and collaborations with major buyers such as Green Shutter Teas (purchasing partner of Starbucks), Gaia Herbs and Nature's Pride.

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Download the brochure
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1500+ Corekees investors

Chris Zimmermann
Chris Zimmermann
05/09/2023
The nature is our future: I have invested in Corekees to support projects to save envirement – we only have one world! 🙂 PS: And maybe I get some money back in a several years down the road...
Maarten Weber
Maarten Weber
24/06/2023
Waarom vijf sterren, Corekees is eerlijk, open en transparant over de duurzame beleggingen die je er kan doen. Alle informatie staat netjes en in gemakkelijke begrijpbare taal beschreven. De duurzame projecten brengen hoop op een mooie en eerlijke wereld waar je zelf ook nog rendement aan over houd op de lange termijn. Ja de enige kanttekening is dat je rendement pas enkele jaren na bekostigen belegging ontvangt. Dat moet nog komen, maar ik heb er volle vertrouwen in dat wel goed komt. Ik zou Corekees ook zeker aanwijzen voor mensen die voor een beter milieu en voor een duurzame economie strijden. Ik zou ook startende beleggers Corekees ook zeker aanraden( ben er zelf één ), obligatie per stuk kosten zijn voor alle man betaalbaar, zeer duidelijk wat de risico's zijn en wat het kan opleveren. Ze zijn open over samenwerking met verschillende partijen in buitenland waar ze mee in zee gaan. Voor als je graag van tevoren zelfonderzoek doet. En wie wil er nou niet beleggen en de wereld verbeteren in één keer doen. Al met al vind ik jullie toppers en ben benieuwt wat de toekomst brengt!
Eunice Lammers
Eunice Lammers
04/05/2023
Via vrienden bij Corekees terecht gekomen. Wat een tof bedrijf. Mooie duidelijke website. Ik vond het soort van te mooi om waar te zijn. En vroeg me af hoe het verdienmodel in elkaar zat. Op de website bij elk project wordt heel transparant uitgelegd waar welke cent naar toe gaat. Verder ook leuk dat ze constant nieuwe groene projecten zoeken. Laatst kwamen de bamboebomen voorbij. Benieuwd naar komende projecten. Leuk dat je op de hoogte gehouden wordt over de ontwikkeling van je investeringen, groei van je boom/bamboe en op je dashboard zie je goed wat je impact is. Misschien heb ik het gemist, maar nav de SDGs die de VN in 2015 heeft opgesteld misschien leuk om daar nog iets over te delen? Makkelijke manier om een steentje bij te dragen aan een groene toekomst en daar ook nog een leuk rendement uit te halen.
Johan van Mook
Johan van Mook
20/04/2023
goed bedrijf, goede communicatie,
Theo Koning
Theo Koning
20/04/2023
Net klant geworden, mooie site, prima op de hoogte gehouden van de voortgang. Hopelijk komen er mooie projecten bij voor de toekomsten met verschillende looptijden.
Maarten van Westen
Maarten van Westen
20/04/2023
Super leuk bedrijf! Leuke projecten, duidelijke informatie, goede klantenservice. Laten we over 10 jaar eens terugblikken op de verdiensten.
tigro grootjen
tigro grootjen
20/04/2023
Een mooi initiatief op gebied van duurzaam en milieu terwijl het ook geen slechte investering is. Vind dit beter dan de goede doelen die hier bomen planten die natuurmonumenten vervolgens weer om zaagt en de biovergassings in stuurt.
Harry van Heesewijk
Harry van Heesewijk
20/04/2023
Geld verdienen met verduurzamen. Top!
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Our local partner

For Project Spice, we are working with 'Social Enterprise Doselva'. This company was founded in 2018 with a clear mission: to improve the living conditions and future of local farmers by supporting them in the transition to organic cultivation of Turmeric, Ginger and Cardamom, among others.

With their specialized team, Doselva provides financial and educational guidance to farmers.  They have now established a network of 350 local farmers who grow high quality and traceable spices.

Due to the high quality and access to various certificates and seals of approval, Doselva has partnerships with major buyers, including Green Shutter Teas (purchasing partner of Starbucks), Gaia Herbs and Nature's Pride.

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Download the information brochure
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    One bond = 1865 KG of organic spices 

    In summary, you are borrowing us money to invest in project partner Doselva. With this, they can help farmers make the transition to sustainable spice cultivation. In 5 years, you will receive interest and we will repay your loan. Below, we give you insight into what the investment and returns are made of.

    Need more information? Download our Project Spice Information Brochure.

    Investering
    Opbrengsten

    INVESTMENT PER BOND

    The total investment per bond is €145. The price includes the purchase of the agri-inputs, farmer support, maintenance, processing of the spices and the management and transaction fee for Corekees.

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    • Purchase of agri-inputs - €80.28

      The purchase of agri-inputs (raw materials) for ginger, turmeric and cardamom

    • Direct labor costs - €34.91

      The direct labor cost to process the agri-inputs into fresh or dried final product

    • Processing costs of the agri-inputs - €24.43

      Things like weeding and daily monitoring

    • Management Fee Corekees - €6.98

      To keep Corekees running (salaries, legal & marketing & management fee)

    • Transaction costs Corekees - €1,40

      Costs for the technology of the platform and our payment systems

    PROCEEDS

    You will receive the proceeds of your bonds in the form of interest. This interest is the result of the sale of spices. Besides interest, you will receive the redemption of your loan on the amount you borrowed. Repayment takes place on a straight-line basis from the second year after you buy the bond. The expected interest rate of 7.0% is expected from the first year after purchase of the bond.

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    Why invest?

    • Together, we offer local farmers in Nicaragua and Honduras more income, security and future prospects.
    • We promote biodiversity by using Agroforestry. This farming method increases CO2 uptake, improves soil quality, reduces susceptibility to diseases and increases crop yields.
    • We make the entire spice chain more sustainable and allow all parts to benefit. From growing bio-certified crops to fair and delicious spices for your meal or ginger tea.
    • As an investor, you will receive an expected interest rate of 7.0% per year. 
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    HOW CAN I INVEST?

    Sustainable investing with Corekees is as easy as shopping in a webshop. On our platform, you decide how much you invest. Payment is simply done via iDeal or Sofort.

    Invest in spices
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    Frequently asked questions

    FAQ