Open a share account
Twitter linkk Facebook link

Finance

We offer a range of finance products

Shared Interest is an ethical lender based in the UK, with regional teams in Kenya, Ghana, Peru and Costa Rica.  We raise investment, primarily from individuals, in order to provide finance to fair trade organisations across the world.

We lend to facilitate trade, build business capacity and help organisations to grow, particularly supporting trade from developing countries with more developed markets.

We strive to be a responsible lender and are proud to have been recognised with a Queen’s Award for Enterprise in the Sustainable Development category, three times, as well as being named 'the most ethical finance institution working in the fair trade sector.’  Shared Interest is a strong supporter of fair trade and a current member of World Fair Trade Organisation (WFTO).  We are also a member of the Council on Smallholder Agricultural Finance (CSAF) which is a network of lending practitioners, meeting regularly to develop industry standards, share best practices, and engage other stakeholders to address barriers to market growth and impact.

Image: Segundo Garcia (L) and Belver Garcia (R), coffee producers from the CECAFE co-operative in  Peru.

Apply now

Our commitment to support trade

Our mission is to provide financial services and business support to make livelihoods and living standards better for people as they trade their way out of poverty.  We work collaboratively and innovatively with those who share our commitment to fair and just trade. With a community of investors and the support of donors and volunteers, we seek to contribute to a world where justice is at the heart of trade finance

Shared Interest raises its own share capital and uses these funds to meet our mission by directly providing fair trade organisations with trade credit and longer term finance. Extended credit periods are made available as a characteristic of the trade credit in order to cover the long periods of time between production, transportation and delivery associated with fair trade goods.

The businesses we support range from sole traders to large organisations and encompass individual producers to large scale coffee co-operatives and buyers. We offer a variety of lending options that enable our customers to finance orders; purchase essential machinery and infrastructure; make advance payments to farmers and artisans; and finance stock for new shops selling fair trade goods.

Through strategic partnerships with FLO (Fairtrade Labelling Organisation) and WFTO (World Fair Trade Organisation) Shared Interest has been able to build up a portfolio of fair trade customers who operate in the handcraft and commodity market. We remain committed to the Ten Principles of Fair Trade and this remains a very important criteria behind our lending decisions.

Who do we lend to?

The Society lends to fair trade buyer organisations who are members of WFTO. We also consider lending to fair trade buyer organisations that are registered with other fair trade networks which are in turn members of WFTO, such as Fair Trade Federation in the US and the British Association of Fair Trade Shops (BAFTS) in the UK.

The Society lends to fair trade organisations that are either members of WFTO or on the FLO - CERT register. The Society will also lend to organisations that are certified by

  • ECOCERT/IMO - Fair For Life
  • FUNDEPPO - SPP
  • Naturland Fair

In addition, the Society will consider lending to organisations where an assessment has been carried out which demonstrates an acceptable alignment of mission and values based on the WFTO 10 Fair Trade Principles  and where the lending is linked to production and trade.

CRITERIA

We lend for the production and procurement of both handcrafts and commodities.

We finance organisations from micro through to very large scale, including producer co-operatives and buyers which are structured as companies or other legal forms

Before we can consider your application your organisation need to fulfil our main criteria:

  • Three years of trading with financial statements (Profit and Loss and Balance Sheet)
  • Fairtrade certified or Membership organisation(Non-certified organisations following fair trade principles may be eligible on assessment)
  • Positive capital position
  • Established relationship with at least one buyer (Producer only)

Although we look at each case on an individual basis and in principle we are prepared to consider applications on their merits and there are a number of general guidelines that should be adhered to:

  • An increase in sales/turnover to reflect the business type
  • Acceptable levels of cash generated
  • Acceptable profit/loss levels in relation to type of organisation
  • Reasonable stock levels maintained
  • An acceptable gearing position
  • Social and environmental impact and use of Fairtrade premium
  • Strong enough balance sheet
  • Cash flow forecast for stock facility/term loan applications and where total exposure exceeds USD 500k

Please note that due to control exchange regulations we cannot provide direct lending to organisations in India, Bangladesh, Nepal, Pakistan. In addition, there are countries in which we are not currently working including Nigeria, Democratic Republic of Congo, Zimbabwe and Palestine.