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Ten by Three to Support Rural Women Entrepreneur

  2 min 10 sec to read

April 23: Ten By Three, a non-profit organisation that helps woman artisans in developing countries earns wages that are significantly higher than fair trade wages, will be launching a programme to support the women from remote areas to produce and market handmade products. The project will be carried out in collaboration with the US Embassy in Nepal.

Ten by Three works with ‘Prosperity Wage’ model which provide at least 2.5 times more wage than the fair trade. “We screen the people in rural areas and select the poorest ones and the ones with entrepreneurial mind at the same time. Our main priority is to reduce poverty among the selected ones and help them grow through ethical and transparent supply chain,” said Theresa Carrington in her talk with New Business Age. With this, the handmade products made by the women entrepreneurs will be marketed in the US with the picture and name of the particular entrepreneur and also a unique identification code which will help the consumer know more about him or her through online profile, said Carrington.

Carrington was also the main speaker at a discussion and interaction programme on ‘Market exports through ethical supply chain’ which was organised at iHub American Space FNCCI building on April 20. The event was attended by startups, entrepreneurs, media, researchers etc.

“Majority of millennial want to know about how ethical is the company rather than just buying the products. They also want to support a company with good cause and are concerned about how the workers and labors are treated in the company,” said Carrington. Nepal is known as one of the countries where the workforce is treated fairly, so it has lots of opportunities to go in terms of marketing its product as ethically sourced to national and international level. “If Nepal can embrace transparent and ethical trade and combine that with the Nepal Trade Preference Programme (NTTP), the efforts will contribute in developing its economy,” said Carrington.

Carrington also talked about how Nepali entrepreneurs can take advantage of the Nepal Trade Preference Programme. There are already few companies which have been transparent about their supply chain management and have been practicing it ethically and this trend has to be increased in order to expand the concept of ethical value chain and ethical supply chain management. “If Nepal is to build the economy in the future, it has to be built with transparent supply chain,” signed off Carrington.

 

 

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