E&S Policy at Produce Pay: A Commitment to Purpose
ProducePay was born in 2015 with the sole focus of alleviating the cash-flow issues faced by fresh produce growers and produce buyers. Our co-founders, Pablo Borquez and Ben Dusastre, with their extensive familial and professional experience across Mexican and US Ag-Supply chains, were well-positioned to understand these issues. 21st century technology was virtually absent in the US Fresh Produce industry – one characterized by a lack of capital and stagnating payment infrastructures, inefficient logistics, and barriers to market access. These issues were exacerbated by the delicate perishability cycles of fresh fruits and vegetables – increasing the need for a sophisticated, and ultimately, transformative financial product.
CSR Principles
Produce Pay’s commitment to the United Nations Global Compact towards a new way of managing and doing business aims to take care of our operations as a company so that they are economically, socially and environmentally sustainable, recognizing the interests of the different groups with which we work, seeking the preservation of the environment and the sustainability of future generations.