Company: O Trade
Founder and CEO
O Trade, Founder and CEO, Monica Ospina, BA, MA
Founded in 2007, O Trade was created to offer the private sector mutually beneficial solutions for industry and community development. Drawing on insights from over a decade of experience, Monica’s expertise in desinging customized solutions in Stakeholder Engagement, Conflict Management, and Local Procurement contributes to building sustainable livelihoods and operational efficiencies.
Monica designed the Local Community Procurement Program (LCPP), a sustainable supply chain model based on local participation, value chain integration, capacity building, and market access. The LCPP enables companies to maximize project efficiency while meeting social investment goals because it builds local supply chain networks and, therein, strengthens industry, secures value, and is socially inclusive.
In 2012, the World Bank awarded OTrade’s approach to social inclusion and risk management through local procurement recognizing the LCPP model as one of the Top 15 Innovations in its Procurement Innovation Challenge.
OTrade’s unique approach to the Social License to Operate enables individuals, communities, and companies to thrive by offering
mutually beneficial solutions.