Raymisa
Raymisa, handcrafts, Peru (producer)
Alpacas are a vital part of Peruvian life. The women and children of Andean villages nurture their herds all year round, shearing their coats just once a year.
Fair trade organisation, Raymisa works with over 3,000 alpaca farmers across Peru, in the poorest areas of the country, helping earn a fair price for their wool.
They are using a Shared Interest credit facility to pre-finance contracts and a term loan for the purchasing of washing and filtering machines to improve the alpaca thread production.
General Manager, Adolf Sabiti, said:
"Funding obtained through Shared Interest gives us benefits and opportunities. Benefits because through the advancement we can start our orders promptly and give the artisans advances to work on their production orders.”
Opportunities created through loan
During the 90s, in order to respond to new buyers' requests Raymisa trained the producers to manufacture fashion-oriented products. This was the beginning of a learning curve of constant product development and training, which has been a key factor of success until the present day.
More recently, during 2010, they acquired a modern industrial machine to manufacture textiles, particularly oriented to tailor alpaca and cotton clothes. This equipment has helped to increase productivity and prepare new and better designs. On average, half of the total production is manufactured by Raymisa directly and the remaining half by the craftspeople.
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