What is Fair Trade?
According to WFTO (World Fair Trade Organization), Fair Trade is a trading partnership, based on dialogue, transparency and respect that seek greater equity in international trade. It contributes to sustainable development by offering better trading conditions to, and securing the rights of, marginalized producers and workers especially in developing countries.
Fair Trade organizations have a clear commitment to Fair Trade as the principal core of their mission. They, backed by consumers, are engaged actively in supporting producers, awareness raising and in campaigning for changes in the rules and practice of conventional international trade. They can be recognized by the WFTO logo.
Fair Trade is more than just trading: it proves that greater justice in world trade is possible. It highlights the need for change in the rules and practice of conventional trade and shows how a successful business can also put people first.
Ten Principles of Fair Trade
Fair Trade and Folk Nepal
Folk Nepal has been a member of WFTO -Asia for more than two years now and it has been a member of Fair Trade Group Nepal for more than five years. Fair trade Group Nepal is a member of WFTO, Country coordinator of WFTO in Country members in Nepal, and founder member of WFTO- Asia.
Though we have taken the certificate of Fair trade only for few years, we have been following the principles of Fair trade since starting and till now, we are very happy that we are working with more than 40 groups of producers under fair trade conditions and from this 1091 producers among which 60% female and 40% male are benefiting directly / indirectly. We have a fair price payment system to our producers group and if needed, we pay in advance. We have friendly and homely environment with the producers group and maintain transparency in our system. Folk Nepal has created skills generating trainings to women group among which comes tailoring training and candle making training. In the future also, Folk Nepal aims to generate income generating and capacity building training to the producers and employees. Also, we serve quality products at fair price to customer so this also makes Folk Nepal a genuine fair trade organization.