On May 15, Ripple, in partnership with Mercy Corps Ventures and traceability innovator WËIA, launched its second pilot of the year to bolster smallholder farmers in Colombia. Here’s how they’re making an impact:

🔗 Blockchain-Powered Traceability

  • Deploys WËIA’s traceability platform on the XRP Ledger (XRPL)

  • Tracks panela (unrefined cane sugar) from planting to harvest

  • Assigns each batch a QR code for verifiable sustainability data 🌍✅

💸 “FARM NOW, PAY LATER” Financing

  • Introduces FNPL option: farmers buy inputs up front and repay post-harvest

  • Eases liquidity constraints, boosting productivity and growth 🌱💰

👩‍🌾 INCLUSIVE IMPACT:

  • 300 smallholder farmers participating

  • Processes 240 tonnes of panela monthly

  • 46% female participation—nearly double the national average 🚺✨

📊 PILOT GOALS:

  1. Premium Pricing: Does verified sustainability data drive higher product prices?

  2. Retailer Satisfaction: Will transparency boost retailer trust and satisfaction? 🤝

  3. Formal Agreements: Can blockchain traceability foster stronger buyer–farmer contracts? 📜

With XRPL’s speed, low costs, and carbon-neutral architecture, Ripple’s “Unlocking Opportunity” program is charting new pathways for financial inclusion, sustainable agriculture, and global supply-chain transparency. 🌐🌱

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