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Find out more about Shared Interest and how to open an account
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ENQUIRY PACK
WE SEE A WORLDWHERE FINANCEWORKS FORCOMMUNITIES
Shared InterestFREEPOST NT1883Newcastle upon TyneNE1 1BR
T: (0)191 233 9102F: (0)191 233 [email protected]
Shared Interest Society Ltd is registered with the Registrar of Friendly Societies,number 27093R
WE SEE THEWORLD AS ITCOULD BE
JUSTICE, NOTPROFIT, IS OURBOTTOM LINE
We are the world’s only100% fair trade lender.We lendmoney directly tofair trade businesses in thedeveloping world, as wellas to buyers in the UK,US and Europe.Our role in the fair trademovement is crucial, but wecouldn’t do it without you.
3
�� 27% of Shared Interest’s lending goes to handicraft producers such as this Kenyan basket weaver
WE SEE THEWORLD AS ITCOULD BE
JUSTICE, NOTPROFIT, IS OURBOTTOM LINE
We are the world’s only100% fair trade lender.We lendmoney directly tofair trade businesses in thedeveloping world, as wellas to buyers in the UK,US and Europe.Our role in the fair trademovement is crucial, but wecouldn’t do it without you.
3
�� 27% of Shared Interest’s lending goes to handicraft producers such as this Kenyan basket weaver
HERE’S HOW IT WORKS
Our investors share a vision of investing in a fairer world. Each Share Account holdsanything between £100 and£20,000.This money is pooled togetherand used to make paymentsto over 460 producer groupsacross 66 countries.The funds are recycled andreused to ensure that yourinvestment is being used to support those that need it most.
3
SHARED INTEREST LENDS OVER
£33M ANNUALLY
4
��Shared Interest currently lends 8% of its portfolio to fruit producers across the developing world
HERE’S HOW IT WORKS
Our investors share a vision of investing in a fairer world. Each Share Account holdsanything between £100 and£20,000.This money is pooled togetherand used to make paymentsto over 460 producer groupsacross 66 countries.The funds are recycled andreused to ensure that yourinvestment is being used to support those that need it most.
3
SHARED INTEREST LENDS OVER
£33M ANNUALLY
4
��Shared Interest currently lends 8% of its portfolio to fruit producers across the developing world
WHO BENEFITS?
By opening a Share Account you are helpingcommunities in the developing world access fairfinance and create sustainable livelihoods.
HOW DO I GET STARTED?
Investing in Shared Interest is easy, anyone overthe age of 16* with a UK bank account can open a Share Account with as little as £100. Couples,families, schools and businesses as well ascommunity and faith groups can also becomeinvestors and help to transform lives in thedeveloping world.
Running your account is simple; you will receiveregular statements detailing your transactions. You can invest further funds up to the value of £20,000 and apply to make a withdrawal by postwhenever you want.
Because of the nature of our lending, there is an element of risk involved andwe share this possibility of financial loss with our investors. We do aim to payinterest and you can find out the current rate on our website and in ournewsletters. To protect Shared Interest and its investors against moneylaundering, we also operate an identity confirmation service.
All you need to do now is complete the applicationform in the next section and return it to us.
Please don’t forget to read the small print (aka theTerms and Conditions!) In the meantime if youwould like more information please contactmembership on 0191 233 9102.
*Accounts can also be opened and held in trust by a parent/guardian on behalf of a child
SALOM (SOAPSTONE CARVING)Pauline Ntombura founded her soapstone carvingbusiness in Kenya in 1994. Despite humble beginningsSalom now sells internationally. Salom approachedShared Interest in 2009 for a credit facility so they couldpre-finance the huge amount of orders they receive.
Pauline said: “The fruits of this facility have started toshow immediately. We are able to advance theproducers cash for raw materials to facilitate productionand we are able to pay everyone on time. This hasbreathed new energy in the business. With this facility,we will help more families to produce goods andpositively impact their lives financially.”
BOS (BANANA CO-OPERATIVE)This Peruvian banana co-operative is owned by almost500 individual farmers. Shared Interest have recentlyloaned funds to support the development of newinfrastructure such as packing stations, cableways andcooling rooms that will enable Bos to increaseproduction as well as reduce losses.
All bananas are currently transported around the farmson backs of the workers or by the cableways. Using thecable system, workers are able to transport 20 bananaplants per trip as opposed to one. Extending thecableway system will speed up production and improvethe health of the workers.
SERRV (FAIR TRADE BUYERS)Founded in 1949 with the vision of eradicating povertythrough fair trade, SERRV now works with 74 producer partners in 34 countries. SERRV, CEO BobChase said: “Providing advanced payments to morethan 70 partners, many of whom receive multiple orders and advances each year, is a complicatedundertaking which is made possible by the highlysophisticated and customer friendly Shared Interestsystems and staff.”
“We simply could not carry out our mission or providemarket access under fair trade terms to thousands ofartisans without the support of Shared Interest.”
OPENING AN ACCOUNT
STEP 1A share account is
opened
��
STEP 2Money goes into the Shared Interest pot
��
STEP 3A loan is made to a fair trade business
��
STEP 4The loan is used to buy equipment or topre-finance orders
��
STEP 5The loan is repaid to
Shared Interest
��
STEP 6Return to step 2...
6 7
YOU CAN ALSOVOLUNTEER
To find out how visitwww.shared-interest.com
WHO BENEFITS?
By opening a Share Account you are helpingcommunities in the developing world access fairfinance and create sustainable livelihoods.
HOW DO I GET STARTED?
Investing in Shared Interest is easy, anyone overthe age of 16* with a UK bank account can open a Share Account with as little as £100. Couples,families, schools and businesses as well ascommunity and faith groups can also becomeinvestors and help to transform lives in thedeveloping world.
Running your account is simple; you will receiveregular statements detailing your transactions. You can invest further funds up to the value of £20,000 and apply to make a withdrawal by postwhenever you want.
Because of the nature of our lending, there is an element of risk involved andwe share this possibility of financial loss with our investors. We do aim to payinterest and you can find out the current rate on our website and in ournewsletters. To protect Shared Interest and its investors against moneylaundering, we also operate an identity confirmation service.
All you need to do now is complete the applicationform in the next section and return it to us.
Please don’t forget to read the small print (aka theTerms and Conditions!) In the meantime if youwould like more information please contactmembership on 0191 233 9102.
*Accounts can also be opened and held in trust by a parent/guardian on behalf of a child
SALOM (SOAPSTONE CARVING)Pauline Ntombura founded her soapstone carvingbusiness in Kenya in 1994. Despite humble beginningsSalom now sells internationally. Salom approachedShared Interest in 2009 for a credit facility so they couldpre-finance the huge amount of orders they receive.
Pauline said: “The fruits of this facility have started toshow immediately. We are able to advance theproducers cash for raw materials to facilitate productionand we are able to pay everyone on time. This hasbreathed new energy in the business. With this facility,we will help more families to produce goods andpositively impact their lives financially.”
BOS (BANANA CO-OPERATIVE)This Peruvian banana co-operative is owned by almost500 individual farmers. Shared Interest have recentlyloaned funds to support the development of newinfrastructure such as packing stations, cableways andcooling rooms that will enable Bos to increaseproduction as well as reduce losses.
All bananas are currently transported around the farmson backs of the workers or by the cableways. Using thecable system, workers are able to transport 20 bananaplants per trip as opposed to one. Extending thecableway system will speed up production and improvethe health of the workers.
SERRV (FAIR TRADE BUYERS)Founded in 1949 with the vision of eradicating povertythrough fair trade, SERRV now works with 74 producer partners in 34 countries. SERRV, CEO BobChase said: “Providing advanced payments to morethan 70 partners, many of whom receive multiple orders and advances each year, is a complicatedundertaking which is made possible by the highlysophisticated and customer friendly Shared Interestsystems and staff.”
“We simply could not carry out our mission or providemarket access under fair trade terms to thousands ofartisans without the support of Shared Interest.”
OPENING AN ACCOUNT
STEP 1A share account is
opened
��
STEP 2Money goes into the Shared Interest pot
��
STEP 3A loan is made to a fair trade business
��
STEP 4The loan is used to buy equipment or topre-finance orders
��
STEP 5The loan is repaid to
Shared Interest
��
STEP 6Return to step 2...
6 7
YOU CAN ALSOVOLUNTEER
To find out how visitwww.shared-interest.com
BECOMING AN INVESTOR
Open a Share Account today
BECOMING AN INVESTOR
Open a Share Account today
ENQUIRY PACK
WE SEE A WORLDWHERE FINANCEWORKS FORCOMMUNITIES
Shared InterestFREEPOST NT1883Newcastle upon TyneNE1 1BR
T: (0)191 233 9102F: (0)191 233 [email protected]
Shared Interest Society Ltd is registered with the Registrar of Friendly Societies,number 27093R
