What is the goal of the Starbucks Global Farmer Fund?

The goal of the Starbucks Global Farmer Fund is to provide loans to farmers to improve their operations and stability. This initiative is aimed at supporting coffee farmers by giving them access to financial resources, enabling them to invest in better farming practices, infrastructure, and technologies. By facilitating these loans, the fund helps farmers enhance the quality of their coffee, become more resilient to challenges such as climate change or market fluctuations, and ultimately lead more sustainable livelihoods. This approach is essential for ensuring a consistent and high-quality supply of coffee for Starbucks while also fostering stronger relationships with the farming communities that are integral to the company's supply chain.