Bioincos

Note: The content of this page was originally written in Spanish.

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Created on Sep 07, 2022 and updated on Jan 17, 2024

Ticket size
Instrument type

Location

Country

Colombia

Municipality

Villagarzón

HeCo priority landscape

Amazonian Piedmont Massif

The problem we are solving

Increase sales of oils from non-timber forest products such as cacay and canangucha

The solution proposed

Strengthening marketing channels and the processing plant increases the demand for cacay and canangucha, existing products in the Amazon jungle

Impact

Target group(s)

Indigenous people

Expected Impact

Improved quality of life and improved environmental indicators

SDGs

No poverty
Good health and well-being
Gender equality

Estimated Impact

In the municipality the highest impact of the project is on with a score of 0.

Funding & development

Currently looking for

>US$750k

Value

Loan

Instrument type

How the money will be used

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Due to security reasons, we are not allowed to display more detailed financial information. Please contact the Project Developers directly in order to obtain detailed information.

24 months

Duration of the project

Consolidation

Maturity / stage of development

Sustainability of the project

Bioincos was born with the intention of giving added value to non-timber forest products from the Amazon rainforest through the production of natural oils. In the same sense, benefit the indigenous communities with a new source of income by collecting and marketing in a sustainable way, a resource present in their collective territories such as cacay (cariodendrum orinocence) and canangucha (Mauritia flexuosa).

Replicability of the project

Bioncos currently links 2 indigenous communities in its supply chain, if it is possible to increase the demand for oils, they could link at least 5 more communities as suppliers with fair prices for their products

Progress and impact tracking

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Other information

https://bioingredientesamazonicos.com/

Project Developers

This project has 1 project developer.

WWF es una red de organizaciones internacionales sin ánimo de lucro, cuyo objetivo principal es detener la degradación del medio ambiente natural del planeta y construir un futuro en el que los seres humanos convivan en armonía con la naturaleza mediante la conservación de la naturaleza y los procesos ecológicos, el uso sostenible de los recursos naturales renovables y la reducción de la contaminación y consumo excesivo de recursos y energía.