Fair Trade Plus™
“Fair Trade” is an arrangement aimed at assisting producers of goods in developing countries when those goods are exported to developed countries. The goal of Fair Trade is to ensure that companies in developed countries engage in fair prices and ethical business practices when trading with companies in developing countries.
Thrive Argan Oil™ has developed the term “Fair Trade Plus,” which involves purchasing products through a fair trade relationship and giving a portion of future sales on top of that. In this case, Thrive Argan Oil™ will give an additional 5% of all sales, regardless of whether there is profit or not, to the Women’s Cooperative. The Women’s Cooperative may use this money for anything they might need for their business. This investment is meant to help ensure that these women always have a sustainable business and equitable business relationships. It is a gift and will not be repaid.