In continuation with our fund raising efforts for Just Change, this is the second tranche that we are raising to support the initiative.
Just Change India Producer Company (JCIPC), head quartered in Gudalur, Nilgiris district of Tamil Nadu, was established to foster a more equitable, just and sustainable economy for farmers. JCIPC aims to create direct links right across the economic chain - from labourers and producers all the way through to consumers and investors and enabling them to participate in the economy in a cooperative manner rather than a competitive one. Just Change’s origins are rooted in the principles of justice and equity. It conceives creating a structure where producers, consumers will also be seen as investors along with those bringing in capital,
The company has four shareholder group Bhoodan Vikas Mandal (BVM) Nilambur (Kerala), Social Agency for Women and Rural Development (SAWARD) (Kerala), Adivasi Munnetra Sangam, (Tamil Nadu) and Sahabagi Vikas Abhiyan (SVA), Orissa. The total membership of the 4 shareholders group is 25,000. Apart from these shareholders a number of other groups trade through JCIPC. The producer company is engaged in the trading of essential produce and commodities such as paddy, tea, groundnuts, sugar, coconut oil etc. The groups engage in intra-trading and by taking over the function of middlemen ensure that not only the primary producers receive better prices but also the consumers are able to procure daily need items at below market rates. Just Change India also procures and sells produce from external entities.
Just Change is seeking a total loan of Rs 15,00,000, part of which would be raised from foreign contributors, to procure quantities of paddy, tea, groundnut, honey and coffee from the producers of the share holder groups and other groups participating in Just Change. The loan amount will help JCIPC procure larger quantities of the member producers' crops, thereby ensuring higher returns for the farmers as well as a consistent demand via a more structured supply chain and loyalty incentives.
The moratorium period will be six months and the repayment tenure will be 12 months. The loan amount will be disbursed in the month of November.
In continuation with our fund raising efforts for Just Change, this is the second tranche that we are raising to support the initiative.
Just Change India Producer Company (JCIPC), head quartered in Gudalur, Nilgiris district of Tamil Nadu, was established to foster a more equitable, just and sustainable economy for farmers. JCIPC aims to create direct links right across the economic chain - from labourers and producers all the way through to consumers and investors and enabling them to participate in the economy in a cooperative manner rather than a competitive one. Just Change’s origins are rooted in the principles of justice and equity. It conceives creating a structure where producers, consumers will also be seen as investors along with those bringing in capital,
The company has four shareholder group Bhoodan Vikas Mandal (BVM) Nilambur (Kerala), Social Agency for Women and Rural Development (SAWARD) (Kerala), Adivasi Munnetra Sangam, (Tamil Nadu) and Sahabagi Vikas Abhiyan (SVA), Orissa. The total membership of the 4 shareholders group is 25,000. Apart from these shareholders a number of other groups trade through JCIPC. The producer company is engaged in the trading of essential produce and commodities such as paddy, tea, groundnuts, sugar, coconut oil etc. The groups engage in intra-trading and by taking over the function of middlemen ensure that not only the primary producers receive better prices but also the consumers are able to procure daily need items at below market rates. Just Change India also procures and sells produce from external entities.
Just Change is seeking a total loan of Rs 15,00,000, part of which would be raised from foreign contributors, to procure quantities of paddy, tea, groundnut, honey and coffee from the producers of the share holder groups and other groups participating in Just Change. The loan amount will help JCIPC procure larger quantities of the member producers' crops, thereby ensuring higher returns for the farmers as well as a consistent demand via a more structured supply chain and loyalty incentives.
The moratorium period will be six months and the repayment tenure will be 12 months. The loan amount will be disbursed in the month of November.
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In continuation with our fund raising efforts for Just Change, this is the second tranche that we are raising to support the initiative.
Just Change India Producer Company (JCIPC), head quartered in Gudalur, Nilgiris district of Tamil Nadu, was established to foster a more equitable, just and sustainable economy for farmers. JCIPC aims to create direct links right across the economic chain - from labourers and producers all the way through to consumers and investors and enabling them to participate in the economy in a cooperative manner rather than a competitive one. Just Change’s origins are rooted in the principles of justice and equity. It conceives creating a structure where producers, consumers will also be seen as investors along with those bringing in capital,
The company has four shareholder group Bhoodan Vikas Mandal (BVM) Nilambur (Kerala), Social Agency for Women and Rural Development (SAWARD) (Kerala), Adivasi Munnetra Sangam, (Tamil Nadu) and Sahabagi Vikas Abhiyan (SVA), Orissa. The total membership of the 4 shareholders group is 25,000. Apart from these shareholders a number of other groups trade through JCIPC. The producer company is engaged in the trading of essential produce and commodities such as paddy, tea, groundnuts, sugar, coconut oil etc. The groups engage in intra-trading and by taking over the function of middlemen ensure that not only the primary producers receive better prices but also the consumers are able to procure daily need items at below market rates. Just Change India also procures and sells produce from external entities.
Just Change is seeking a total loan of Rs 15,00,000, part of which would be raised from foreign contributors, to procure quantities of paddy, tea, groundnut, honey and coffee from the producers of the share holder groups and other groups participating in Just Change. The loan amount will help JCIPC procure larger quantities of the member producers' crops, thereby ensuring higher returns for the farmers as well as a consistent demand via a more structured supply chain and loyalty incentives.
The moratorium period will be six months and the repayment tenure will be 12 months. The loan amount will be disbursed in the month of November.
