What is Fair Trade?

What is Fair Trade?

Fair Trade is the exchange of goods based on principles of economic and social justice.
Shoppers in the developed world enjoy a lavish array of inexpensive goods while 1.7 million people die each year for lack of clean water and basic sanitation.

Conscientious consumers are beginning to leverage this immense buying power for hope and justice by spending their money in a meaningful way.

The Fair Trade Federation, which we are a part of, sets the following principles for Fair Trade companies:

Create Opportunities for Economically and Socially Marginalized Producers
Develop Transparent and Accountable Relationships
Build Capacity
Promote Fair Trade
Pay Promptly and Fairly
Support Safe and Empowering Working Conditions
Ensure the Rights of Children
Cultivate Environmental Stewardship
Respect Cultural Identity

As members, it is our duty to adhere to these principles, which we accomplish in the following ways:

Visit producers/projects on site.
Provide 50% advance funding for all orders given to producers enabling them to purchase raw materials.
Strive for long-term relationships with producers providing training and helping to resolve production problems.

Past that, as a non-profit, we use additional profit to fund projects, such as the border stations and safe house in Nepal, and provide for various needs, such as clothing for the girls, start-up business funds, etc..

If you have any questions about Fair Trade or how our organization adheres to the guidelines set by the Fair Trade Federation, email us at staff@redthreadmovement.org.

Helpful Links:
http://www.eternalthreads.com/about/fairtrade/
http://www.fairtradefederation.org/what-is-fair-trade/
http://www.fairtradefederation.org/fair-trade-federation-principles/

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About redthreadmovement

The Red Thread Movement is a student initiative partnering with Eternal Threads to combat sexual slavery in Nepal. View all posts by redthreadmovement

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