Why not invest in ethical investment co-operative Shared Interest? Based in the UK but with offices in Costa Rica, Kenya and Peru, Shared Interest works with farmers and handicraft co-operatives in the developing world.
With more than 8,700 UK members investing anything from £100 to £20,000, the Society is able to pool these funds and loan them to fair trade businesses so that they can pay staff and cover operation costs.
One example of a fair trade business that has benefitted from Shared Interest is Kenyan-based Namayiana, a handicraft group which first applied to Shared Interest for an export credit facility with which it could pre finance its orders. Before Namayiana existed, there was no real role for women in the local community. Now they are able to provide an income for their families, paying for their children’s education, as well as food, clothing and other household items. Namayiana Project Manager, Catherine Mututua, said: “With Shared Interest behind us, we have more courage to work harder and feel we can go far in our business.”
Shared Interest has recently produced a short film which focuses on the work of another handicraft producer, Bega Kwa Bega, which translates literally as Shoulder to Shoulder. The film explains more about how Shared Interest works and gives an insight into the impact your investment could have: