Figaro forges strategic partnerships 

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Figaro Innovation and Development Inc. (FIDI), a subsidiary of Figaro Coffee Group, has announced the signing of a Mutual Non-Disclosure Agreement, marking the beginning of a strategic partnership aimed at boosting local agricultural development and ensuring food security together with San Jose Workers & Multi-Purpose Cooperative (SJWMPC), and the Batangas Organic and Natural Farming Agriculture Cooperative (BONFAC).

The signing event took place on October 11 in San Jose, Batangas, and brought together leaders from FIDI, SJWMPC, and BONFAC. The initiative is in line with the ongoing efforts to promote sustainable agriculture and provide innovative solutions to food security challenges in the Philippines. This milestone also coincided with the celebration of World Egg Day, emphasizing the importance of local food production.

Ms. Cecille Aldueza Virtucio, chairperson of SJWMPC and BONFAC, emphasized the significance of the new commissary and cold storage facility, Stating: “Today, in celebration of World Egg Day, we once again rise to the challenge of contributing to food security… With a focus on chicken and eggs, we aim to provide affordable, nutritious food to workers and families, thereby addressing food inflation. Our partnership with FIDI strengthens our resolve to create progress through innovation and collaboration.”

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Ace Azarraga, brand and partnership director at FCG, expressed excitement about the collaboration: “We are thrilled to take this monumental step in connecting our local farmers with Figaro Innovation and Development Inc.”

Jose Petroñio Español III, president of FIDI, also conveyed his congratulations by commending the men and women driving the success of the organizations. 

The partnership sets the stage for the cooperative development of food

processing, ensuring Filipino farmers’ products are distributed to wider domestic and international markets. The collaboration will also focus on addressing food inflation and empowering farmers with innovative solutions.

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