Queen's Award for Enterprise 2013

It is the second time that Shared Interest has received the coveted Queen's Award in the Sustainable Development category.

Managing Director Patricia Alexander says: "Being approved for a Queen's Award for Enterprise in Sustainable Development for the second time running makes this a very special honour.

"Since winning the award for the first time in 2008, we have increased our overseas offices to four; adding one in Peru and another in West Africa. We also managed to reach many more disadvantaged communities as direct loans to handcrafters and smallholder farmers have increased by 83%.

"Shared Interest focuses on trade rather than aid with the aim of empowering communities to help themselves."

Research shows that the world's 450 million smallholder farmers occupy an increasingly important part of the global food supply chain, providing 70% of the world's food. (Source: Fairtrade Foundation, February 2013) However, only 2% of their financing needs are currently being met in the developing world and smallholder farmers represent 50% of the world's hungriest people. (Source: Dalberg, 2012)

Patricia continued: "This award is a tremendous accolade and demonstrates the commitment of our supporters -including staff, investors and volunteers - in the sustainable development of fair trade businesses in disadvantaged communities worldwide."