July 24, 2014 · 2:30 PM
The Global Economy can be about collaboration and not just power and competition. Join us to find out how.
During 2012/13 the finance of an organization called Shared Interest reached 375 fair trade organisations globally and they made payments of £46.8m to producers and buyers across the world.
Reflecting on this Sally Reith will describe how they have reached this level of performance by inspiring almost 9,000 people in the UK to invest over £29m of share capital and to share the risk with communities in the developing world.
This is part of the global sharing or collaborative economy.
So Sally will will discuss how they offer a variety of lending options that enable their customers to pre-finance orders, purchase essential machinery and infrastructure, make advance payments to farmers and artisans and finance inventory for new shops selling fair trade goods.
It is not only a great example of Ethical Investment and the global collaborative economy (as opposed to the global corporate economy) but it is also an example how ethical investment and trade can often be more effective than aid.
This Webinar will be presented by Sally Reith, the Engagement Manager of Shared Interest.
Shared Interest is a community benefit society which acts co-operatively and the world’s only 100% fair trade lender. Their members share their vision of a world where justice is at the heart of trade finance.
Established in 1990 they form the vital link between UK social investors and fair trade organisations needing finance to improve their livelihoods. While investments with Shared Interest may not make our members financially rich they do enrich the lives of others.
You can visit their website at http://www.shared-interest.com/