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Initiative

Artisan Market Access

THE CHALLENGE

The artisan sector is the second largest employer in the developing world behind agriculture. Most artisans do not have access to international markets that would enable them to receive fair prices for their work and reach more customers.*

THE OPPORTUNITY

Global Partnerships (GP) aims to improve the economic position of informal artisans and their families by investing in partners who provide access to markets as well as price premiums for artisan products.

WHO IS SERVED?

The target demographic is informal artisan laborers living on less than $5.50 PPP/person/day.

WHAT IS DELIVERED?

Artisans must receive: Market access with price premiums.

May also receive: Technical assistance such as product design & development, skills development, business training and/or certification.

WHY IS IT IMPACTFUL?

Net incomes of artisan families increase and/or stabilize due to:

  • Higher and/or more stable prices and/or volume sold;
  • Diversification of income sources;
  • Increase awareness of product-market fit;
  • Access and use of improved production techniques.

 

*Source: https://www.aspeninstitute.org/blog-posts/three-big-ideas-support-artisan-businesses-creative-economy/

By the Numbers

Current Portfolio as of June 30, 2019

$1.5MM Active Capital Deployed
1 Partner
Global sales, sourcing products from artisans throughout Latin America and sub-Saharan Africa.

Cumulative Portfolio

33K Lives Impacted

Initiative active since October 2017