UK: shared Interest more effective
580,000 producers in the poorer parts of the world are benefiting from the savings of 8,300 members of a unique UK co-operative
Some 580,000 producers in the poorer parts of the world are benefiting from the savings of 8,300 members of a unique UK co-operative. At the annual general meeting of the Shared Interest Society Ltd on 18 March 2006 company secretary Stuart Raistrick presented the society?s first social accounts. These revealed that the £21m lent to fair trade organisations last year was affecting far more people in developing countries than had previously been realised. Shared Interest is a unique financial co-operative that uses the pooled investments of its members to lend to fair trade buyers and producer organisations. www.shared-interest.com
