Keurig and Root Capital Announce Supply Chain Project with DFC Loan Guarantee
Daily Coffee News photo. The nonprofit lender Root Capital and publicly traded coffee and beverage giant Keurig Dr Pepper today announced a partnership to support small-scale agricultural coffee businesses that have been negatively affected by the COVID-19 pandemic. The three-year program, called the Partnership for Sustainable Supply Chains, involves a $35 million loan guarantee from the U.S. International Development Finance Corporation (DFC). The DFC, which was formally established in 2019 through the bipartisan BUILD Act, is designed to facilitate financing for U.S. businesses in emerging...