• Why Do Small Farmers Need Insurance?

    When calamity strikes, many people in the US have insurance policies to help them recover. This is not the case with the indigenous cacao farmers that we purchase from in remote and pristine regions of the planet. Many of the farmers have little access to financial services, and they depend largely on the seasonal cacao harvest for income and don’t have substantial savings. We’ve seen a number of instances where they’ve faced circumstances outside of their means, such as high waters causing the collapse of the only bridge connecting a village to the outside world, or cacao pod rot invading a region because of lack of labor due to COVID 19 for proper organic management. Such setbacks can require years to recover from and need support from outside the community. As the global climate crisis accelerates, extreme events will become more and more frequent, and it is with certainty that our cacao farmers will be impacted again.

  • How Will The Fund Work?

    Rather than launching one off fundraisers for each calamitous event, Ora Cacao is establishing a smallholder cacao farmer’s insurance fund. In essence, this is a more sustainable long term commitment to the farming communities that we work with, letting them know that they are not alone and that their livelihoods will be protected. The fund is set up as an endowment, held in a crypto currency stable coin that earns annual returns. The growth of the endowment fund is paid out for claims as needed and the remainder contributes towards the growth of the endowment. In this way, our insurance program supports our cacao farmers in perpetuity and does not require the farmers to pay any premiums to participate.

  • The original bridge to the Chivite community

  • The new bridge to the Chivite community

  • What Are The Challenges To Insuring Small Farmers?

    For profit insurance services for smallholder farmers typically face a number of challenges which is why very few exist. It is expensive to acquire, service, and build trust with this very geographically distributed customer base. Many farmers have little awareness of what insurance is or how it works, let alone having the time and resources to register for insurance or file a claim. There is also not much potential for profitability because the premiums would need to be very low for the farmers to be able to afford it. For all the above reasons and more, a non-profit insurance model that requires no premiums from farmers and no action on their part to enroll or receive benefits is the optimal solution. Ora Cacao is in an ideal position to administer this insurance program through our on the ground partnerships with cacao farming cooperatives.  

  • What Makes This Fund Unique

    Offering this service to our farmers is a form of reparations for the many hundreds of years of exploitation and genocide that their communities have been subject to. The colonial model of taking advantage of tropical ecosystems and peoples for the export of tropical goods and enrichment of outsiders is still very much active in the chocolate industry and elsewhere, and we believe this insurance program is one part of how ceremonial cacao can establish a precedent for a new, reciprocal way of doing business. We believe this pioneering insurance model led by triple bottom line business leaders could spread to support smallholder farmers in many crops outside of cacao. We also imagine this insurance program taking a proactive role in identifying climate change adaptation measures that can boost the resiliency of the farming communities.

  • Ora Cacao, headquartered in Graton California, is a globally leading producer of ceremonial cacao. We work with over 1000 smallholder farmers in six different countries of origin: Belize, Colombia, Guatemala, India, Tanzania, and Uganda. Our farmers are certified organic and employ many regenerative agroforestry practices, making our cacao farms an important mechanism of ecosystem protection and diversity. We utilize a wet cacao purchasing model with centralized fermentation and direct trade purchases: all these combined give our farmers the best cacao prices in their countries, creating a sustainable income for their families, and inspiring the next generation to continue farming cacao.

  • Ora Cacao is a direct to consumer e-commerce company producing premium 100% cacao chips. These can be eaten directly or more often used to make a ceremonial cacao drink. Ora Cacao has shipped to 62 countries with an average of 4.9 out of 5 stars rating from over 2300 reviews. Ora Cacao is a market leader and trend setter with their ceremonial cacao products, leading the way with organic certified products, cacao enhanced with superfoods, sourcing from multiple origins, final product in easy to use discs, and all manufacturing to best food safety practices in a green building facility in the US.