Blog Note: Sometimes one have to wonder about the World bank and its investment arm-that got the globe thinking about the best way to help a country develop. Before, it is just giving grants and aid for developmental projects. Then the investment arm of the World Bank took over and began to give grants for business/public ventures. Then today, private venture funds have been investing in projects in poor countries to help develop it. Then comes charity and private venture joining hands to help develop alleviate poverty. Now the word Social Enterprise is used all over-not only as a source for profits to feed sustainable development-but also as developmental aid.
- The following is from PR.com
Phnom Penh, Cambodia, October 16, 2010 –(PR.com)– The social enterprise Export Service Centre Cambodia (http://www.ExportServiceCentre.com/Cambodia) will showcase hundreds of handmade fashion accessories for export at the China Sourcing Fair: Fashion Accessories at Hong Kong’s AsiaWorld-Expo Oct. 27 – 30, 2010 booth # 7N02.
Products on display will include 100% silk scarves and recycled paper jewelry, including necklaces, bracelets, and earrings, all produced by suppliers who embrace fair trade principles.
“Every piece in our fall collection is great quality, very creative and handmade with passion,” said Kunthy Heng, export manager of the Export Service Centre Cambodia. “We’ve included a new line of eco-friendly fashion jewelry made of recycled paper that has generated a lot of interest on our website.
“Since last April’s show, we’ve received orders from buyers in Germany, Japan, the UK and Spain. There has also been significant interest from Hong Kong and Australia.
“We’re confident our quality and flexible terms will again appeal to discerning buyers. Quite unique in the export field, we offer:
* Low minimum orders of just $500. This allows buyers to quickly test their markets at minimal investment;
* Mixed lots: Buyers can offer customers more variety and not incur the extra expense of large numbers of each SKU, and;
* International standards: Each item is handcrafted and not mass-produced. We QC everything before it is shipped.”
Fair organizer Global Sources (http://www.globalsources.com NASDAQ: GSOL) will feature products from the Export Service Centre Cambodia at the show highlights and color trend areas.
“Having our goods selected at this international event clearly shows that Cambodia products can compete with the best in the world,” Heng said. “We are delighted that so many of our products will be among the handful featured at these high-traffic areas.”
Social responsibility, job creation through export promotion
The Export Service Centre is a member of the nonprofit Kearny Alliance, whose mission is Aid through Trade.
Alexander Boome, program director of the Kearny Alliance, said: “We expect the fair trade nature of our business and eco-friendly product lines to greatly appeal to even more buyers this show.
“I want to thank Global Sources for its generosity as part of its corporate social responsibility for giving us the booth space. Buyers’ export orders will help generate much needed jobs for the needy and disabled in Cambodia.”
About The Kearny Alliance
The Kearny Alliance (http://www.kearnyalliance.org), a US nonprofit 501 (c) (3) foundation, partners with other international organizations to further its mission of ‘Aid through Trade,’ to advance international development and poverty alleviation through trade-related business, education, training and applied research.
Key programmatic areas include:
* Livelihood development at the grassroots level: Through the social enterprise Export Service Centre
(http://www.ExportServiceCentre.com) in Indonesia and Cambodia (http://www.ExportServiceCentre.com/Cambodia), the Kearny Alliance assists small producers who do not have the capacity to export direct to participate in the global economy. It estimates that in 2009 it created more than 3,800 jobs.
* Job creation for small & medium producers: Through the Developing Country Export Assistance Program (http://kearnyalliance.org/sourcingreports), the Kearny Alliance connects smaller exporters in developing Asia with buyers worldwide. Surveys of beneficiaries show that suppliers have received $772,000 in export orders, and they expect more than $5,500,000 to develop in 2010.
* Education & skills development: The Kearny Alliance offers stipend support for students from Myanmar, Cambodia, Vietnam and mainland China to study in Hong Kong and the US. The dozens of Kearny Alliance Scholars receive internships and on-the-job training in export-related companies and organizations in 10 countries.
* Trade policy research: One major initiative is Future of US ChinaTrade.Com, an online center for data, analysis, and insightful discussion on U.S. – China trade offering Forum Discussions News & Analysis, Facts & Figures, Discussion Outcomes, Book reviews and Meet the Experts. This developed from the Kearny Alliance – Arizona State University forums on China, trade and the world economic order high-level meetings held in Phoenix and Beijing which explored potential solutions to issues and challenges of mutual benefit to China-US trade relations.
(Photo from reahu.net)
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