About
Joint Pool Account (JPA) is the pooling account of the incentive for smallholders who don’t have their own bank accounts.
The amount in JPA is monitored by ITOCHU Traceability System, which is based on the blockchain technology.
JPA is used for the smallholder’s benefit to improve their livelihood directly or indirectly.
JPA Committee
JPA Committee is organized by related businesses to decide how to use the fund in JPA.
ITOCHU corporation calls and chairs the meeting of JPA committee.
ITOCHU appoints the member of JPA based on the handling volume of traced rubber products among the tire manufacturers, the direct buyers from the tire manufacturers, the producers of traced rubber.
Usage of the fund in JPA
The typical examples are as follows.
To provide
Good crone
Fertilizer
Tapping knife
Safety equipment
Smartphone to participate
PROJECT TREE
The actual usage, which is decided by JPA committee members is audited by Proforest every time.