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Fairtrade Premiums What are they for? Who decides how to spend them?

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Presentation on theme: "Fairtrade Premiums What are they for? Who decides how to spend them?"— Presentation transcript:

1 Fairtrade Premiums What are they for? Who decides how to spend them?

2 Co-operatives What is a co-operative? An association of people who voluntarily co- operate for mutual social, economic, and cultural benefit Many forms: Community organizations, housing co-ops, worker co-ops, credit unions, business co-ops, etc.

3 Co-operative values Democracy Self responsibility and participation Equality solidarity

4 Democracy Decisions are decided upon by a voting membership.

5 Self-responsibility/Participation Members contribute to the future and well- being of the organization.

6 Equality All members are treated equally -- no matter their race, gender, economic status, etc. Each member has one vote, just the same as everyone else.

7 Solidarity Members agree to establish mutual support or unified agreement when decisions are made.

8 Co-operatives and Fairtrade For small operations (where family owners do most of the work): Landowners form co-operatives Farmers sell their products together Members vote on how to distribute Fairtrade Premiums among themselves and their communities. For large operations (where owners hire workers to do most of the work): Workers form labour unions Premiums go to workers and their communities Workers decide democratically how to spend Premiums

9 Other Benefits Farmers get to work with others in their region Farmers work with Fairtrade International to receive support through training programs and access to loans Together, farmers earn better prices for the products


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