Fair Trade Premium

The Fair Trade Premium is an additional sum of money paid to producers in developing countries along with the fair trade price for their goods. This extra money is intended to support community development projects, such as building schools, improving healthcare, or enhancing infrastructure. By ensuring that farmers and workers receive this premium, Fair Trade aims to empower communities, promote sustainable practices, and encourage social and economic growth. Essentially, it allows producers to invest in their wellbeing and that of their communities, fostering a fairer and more equitable trading system.