|Donor:||Shared Interest Society|
|Application procedure:||Online Application|
|Donor base:||United Kingdom|
|Eligible applicants:||Non-Profit Organisation, Social Business|
|Grant size:||Medium - up to $1,000,000|
|Minimum grant size:||-|
|Total available budget:||-|
|Maximum grant size:||-|
|Funding ratio:||up to 100%|
- Agriculture & Rural Development
- Economic Development
Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Democratic Republic of the Congo, Djibouti, Egypt, Equatorial Guinea, Eritrea, Eswatini, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea Bissau, Ivory Coast, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Mauritius, Morocco, Mozambique, Namibia, Niger, Nigeria, Republic of the Congo, Rwanda, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, South Sudan, Sudan, Tanzania, Togo, Tunisia, Uganda, Western Sahara, Zambia, Zimbabwe
Antigua and Barbuda, Argentina, Bahamas, Barbados, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Dominica, Dominican Republic, Ecuador, El Salvador, French Guiana, Grenada, Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname, Trinidad and Tobago, Uruguay, Venezuela
Afghanistan, Azerbaijan, Bahrain, Bangladesh, Bhutan, Brunei, Cambodia, China, East Timor, India, Indonesia, Iran, Iraq, Israel, Japan, Jordan, Kazakhstan, Korea, Kuwait, Kyrgyzstan, Laos, Lebanon, Malaysia, Maldives, Mongolia, Myanmar, Nepal, North Korea, Oman, Pakistan, Palestine, Philippines, Qatar, Russian Federation, Saudi Arabia, Singapore, South Korea, Sri Lanka, Syria, Tajikistan, Thailand, Turkey, Turkmenistan, United Arab Emirates, Uzbekistan, Vietnam, West Bank and Gaza, Yemen
Albania, Armenia, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Estonia, Georgia, Hungary, Kosovo, Latvia, Lithuania, Moldova, Montenegro, North Macedonia, Poland, Romania, Serbia, Slovakia, Slovenia, Ukraine
Shared Interest Society offers a range of export credit facilities and loan finance products for fair trade producers and buyers throughout the world. Their principal aim is to provide financial support to and share risk with producers, farmers and artisans in the developing world. They offer export credits, term loans, stock facilities and pre-harvest loans to them. They also lend to buyers in Europe, North America and Australasia working with disadvantaged producers. They offer the following funding:
- Short-term (1 year – renewable): Pre-finance as working capital against individual orders to facilitate trade (Export Credit/Buyer Credit) – Revolving Facility; and Stock facility to build up stock, buy seasonal raw material or support pre-harvest activities prior to fixing sales contracts
- Long-term (1 to 5 years): Term loan to purchase infrastructure or equipment to build capacity and/or profitability (1 to 5 years); and Plantation renewal loan to support against the impact of agricultural pests and disease (1 to 7 years)
Eligible are fair trade producers, farmers and artisans around the world. They require that producers are WFTO members or FLO-certified. In addition, they require at least 3 years’ trading history, a positive balance sheet and for there to be at least one export buyer in Europe, North America or Australasia.
Shared Interest Society supports initiatives in various developing countries worldwide.
The amount Shared Interest can lend to an organisation depends on a number of factors. They assess every application on its own merits and the funds available are determined by a combination of the need of the organisation and its financial position to make repayments. They have avriable interest rates and interest is calculated daily on the outstanding balance. A one-off set-up fee of 1% is charged on establishment of any type of facility. Repayments are generally made via buyer payments direct to Shared Interest. A customer handbook is provided containing full account operating details.
An application can be sent via their online form anytime throughout the year.