Revolver Co-operative facts for kids
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Multi-stakeholder cooperative | |
Industry | Coffee, clothing |
Founded | 2011 |
Headquarters |
Revolver Co-operative, also known as Revolver World, is a special kind of business. It is a cooperative based in Wolverhampton, United Kingdom. This company brings in and sells Fairtrade-certified coffee and organic cotton items.
Being "Fairtrade-certified" means the products are made in a way that helps farmers and workers. It also ensures they get a fair price for their goods. Revolver Co-operative is a sister company to Revolver Music.
How Revolver Co-operative Works
Revolver Co-operative is set up as a special type of business. It's called an "industrial and provident society." This means it works for its members and the community, not just to make money for owners.
It is also a "multistakeholder co-operative." This means many different people can be members. Both the farmers who supply the products and the customers who buy them can join. Other individuals can also become members.
What Revolver Co-operative Does
Revolver Co-operative sells its products in a few ways. You can buy directly from their website. They also sell through other co-operative shops. These include places like Central England Co-operative and Midcounties Co-operative. They also work with worker co-operatives such as Unicorn Grocery.
Sourcing Fairtrade Coffee
The company gets its Fairtrade coffee directly from farming co-operatives. These farms are in many different countries. Some of these countries include Brazil, Colombia, Costa Rica, Cuba, and Ethiopia. They also source from Guatemala, Honduras, Mexico, Peru, Tanzania, and Uganda.
When you buy Fairtrade coffee, a special payment called a "Fairtrade premium" is included. This extra money goes back to the farmers. Revolver Co-operative invests 25% of its profits into these farming communities. This money helps to improve things like health and education for the people there.