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Investree, Java Mountain Coffee continue 'green financing' partnership 

News Desk

The Jakarta Post

Jakarta  /  Mon, September 23, 2019  /  05:32 pm
Investree, Java Mountain Coffee continue 'green financing' partnership 

The partnership will allow Java Mountain Coffee to offer biodegradable coffee capsules filled with Indonesian coffee grown by all-women cooperatives in Bali and West Java to guests of Four Seasons Resort Bali at Jimbaran Bay and Four Seasons Resort Bali at Sayan. (Shutterstock/Viach Abein)

Fintech lending platform Investree has announced the second round of a “green financing” partnership with social enterprise Java Mountain Coffee.

According to a statement received by The Jakarta Post on Monday, the collaboration will allow Java Mountain Coffee to offer biodegradable coffee capsules filled with Indonesian coffee grown by all-women cooperatives in Bali and West Java to guests of Four Seasons Resort Bali at Jimbaran Bay and Four Seasons Resort Bali at Sayan.

Currently the majority of hotels in Asia still provide their guests with plastic and aluminum in-room coffee capsules. 

"We thank Investree for their continued commitment to the empowerment of indigenous rural women through this second round of 'green financing' for Java Mountain Coffee," said Nadine Alexandra, spokeswoman for Java Mountain Coffee, in the statement. "This collaboration is helping our advocacy in the travel, tourism and hospitality industry to remove plastic and aluminum coffee capsules from their businesses and replace them with a circular solution, which ultimately is the best sustainable outcome for people from rural communities and for the future of our planet," she added. 

During the first “green financing” partnership, Java Mountain Coffee collaborated with Alila Seminyak and Alila Villas Uluwatu in Bali to provide similar eco-friendly in-room products, which take three months to break down into compost after use.

According to the World Bank, women in developing countries face difficulties in getting the capital they need for their businesses or initiatives, in addition to legal and policy obstacles. As a result of these challenges, fewer than 30 percent of small and medium enterprises (SMEs) in the world are owned or run by women. (kes)