I am confident in the Fair Trade Savings Program because it helps me secure my family’s sustenance. ”
Lidia Novoa, Joygardens worker
Home Improvement Fund
Fair Trade workers at Joygardens have established an interest-free, home improvement rotational loan fund for workers to access supplies and home appliances at better prices, under convenient repayment terms.
Small Business Training
Joygardens used Fair Trade premiums to facilitate a small-business and skill-building training program for workers to start their own business. The training this year was on beauty parlor skills and management. 26 female employees benefited from the program.
The Fair Trade workers at Joygardens have established a Fair Trade premium-funded, low-interest credit program intended for groceries and hygiene product purchases. Workers are encouraged to buy basic need items on credit with a 3-month repayment plan to encourage savings, financial planning, and investment in larger household improvements.