AGROCOEX - Companía Agropromotora del Cotopaxi
The owners of AGROCOEX are motivated to support women, indigenous people and people with disabilities, believing those groups are at the greatest disadvantage during times of social and economic difficulty. As such, AGROCOEX decided to confront these socio-economic issues within their own community by creating objectives that align with the ideals of social justice and Fair Trade.
As a company, AGROCOEX strives to create a safe and just working environment by working to increase the levels of education and well-being of workers, children and community members of its farms. One of the farm’s main governing principles is to foster a standard of living that promotes dignified living conditions for workers.
In 1998, AGROCOEX became Fair Trade Certified in order to establish prices that would cover the cost of sustainable production and fair wages. The workers enjoy participating in Fair Trade because Fair Trade premiums help them invest in projects and programs that they believe better their standard of living. AGROCOEX’s workers collectively decide the use of the community development premiums through a democratic and transparent manner during annual “premium committee” meetings.
From the management’s perspective, Fair Trade is attractive because consumers can buy products that agree with their values and principles. By buying Fair Trade Roses from AGROCOEX, consumers support the workers that fight to better their lives.
To learn music you need discipline, dedication, and perseverance. If I can do this with music, I can do this in all aspects of my life. ”
My parents, because of their precarious economic situation, were not able to support my education. Thanks to the student scholarship I was able to secure financing for my education. With much effort and always thinking about how I was an example for my peers and for my family, I was able to graduate with high honors. Today, I feel more secure, my self esteem has increased, and I am going to continue my studies at university to gain a professional title and secure my future. ”
The low-interest loan that I received allowed me to establish a small supplies store. With this supplies store, my wife’s income contributes to my entire family's wellbeing and also improves the standard of living for my children. ”
Luis Casa, AGROCOEX Worker
New Dentistry Center
Fair Trade premiums funded a dentistry center to create greater access to health services for Fair Trade workers. The dentistry center was completely planned, funded, and implemented by a worker’s committee set up to oversee usage of community development funds earned through Fair Trade sales.
The Joint Body invested Fair Trade premiums toward improving the conditions of childcare facilities for all workers' children.
Acess to Microloans
This year, $13,770 was given out in microloans. There are rules and a formalized agreement that outline the delivery of resources, interest, and repayment. All AGROCOEX workers have the opportunity to receive loans to construct homes, complete home improvement projects, and to invest in their small businesses.