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At World Centric, we are deeply committed to the issue of social and
economic inequality and see fair trade as the minimum required to help
support the producers and their families in the developing world.
We have want to do more than just pay the fair trade price and treat
producers as partners and in the past have given 10%
of our total sales revenues from fairly traded products
to the producers to use as needed for social development projects within
their communities. We believe no "business" has come close to
this kind of revenue sharing arrangement.
2006 Changes
However, for 2006 we are stopping our revenue sharing for fair trade
products and using those revenues to support our organization and its
activities. We are currently a volunteer run organization and are
finding it difficult to do all what we are doing solely on the back of
volunteers. Our organization is evolving and we are looking at
separating the Eco and Fair Trade Store from the non-profit and
structuring it as an employee-owned producer
cooperative. The amount of time and effort needed
to sustain the "business" part of our organization has increased
and we need to evolve it to an appropriate structure to be able to keep it
going. Our mission and goals remain the
same, regardless of the legal structure of the Fair Trade & Eco Store
with all of our profits going towards supporting our educational and
organizational activities.
We are way behind on our
accounting for 2005 and hope to post the revenue sharing portion soon
here on the
website.
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