IOFPCL - Indian Organic Farmers Producer Company
IOFPCL, formed in 2004 and incorporated under the country’s Companies Act of 1956, takes on all challenges to assist members and their families in the production and marketing of organic and Fair Trade Certified™ products in domestic and international markets. The company pays Fair Trade premiums to producers through its collective marketing efforts. The organization is also a Registered Exporter Member of the Spices Board and Agricultural Producer Export Development Agency (APEDA) which has greatly helped increase exports.
Advanced Payments to Farmers
When able, the cooperative gives advanced Fair Trade premium payouts to members which allow them to cover any timely expense, including school tuition fees, farming equipment and medical attention. About a quarter of all premiums were appropriated to members in advance for this cause.