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Fair trade (Social)
BioExport was founded in 2009 by four Paraguayan entrepreneurs with experience in the agricultural sector who wanted to develop better agricultural practices, while raising the income level in the family farming sector. BioExport’s main export is black and white sesame, but the company aims to further its production of chia, beans and rice, to name a few. Approximately 1,000 farmers are currently organic certified and it aims to add more.
Through financing from Triodos Sustainable Trade Fund, Bioexport will be able to purchase black and white sesame at the very beginning of the harvest, paying an immediate and fair price to the farmers and promoting further the organic practices.
KEY INDICATORS as of 31 December 2015:
- number of farmers: 14,700
- number of hectares: 25,500 hectares of sustainably
Smallholder farmers in developing countries do not necessarily reap the rewards of a complex international trade system. So, by financing fair trade enterprises we aim to make sure that individuals and their families are paid fairly for their products.