Real goods, real terms, financed on a bill

In rural Guatemala the ‘coyotes’, the local middlemen, control the liquidity and buy whole harvests cheap, leaving nothing for the farmers or for anyone adding value. Cacao Embassy now pays better than they do, on the buyer’s own promise rather than a bank line.

A Berlin store orders shirts stitched in Bursa from yarn spun in Rajasthan. Instead of three loans in three currencies, one bill travelled upstream by endorsement, and each endorser stayed liable.

Same shape as cacao: a harvest window that will not wait, and a roaster on the other side of an ocean who pays on cupping. Write-up in preparation.

Pilots are running in soft commodities: cacao, coffee, wine, timber, meat. If your buyer is good and your bank is slow, the mechanism is the same. Tell us about the corridor.