Nest Helps Fund Female Artisans in Developing Countries
Victoria Pringle — February 9, 2009 — Social Good
References: buildanest
Nest is a nonprofit organization that provides micro credit loans to female artisans in developing countries to support them in establishing their own craft-based businesses.
Funding for the loans is generated by The Nest Line, which includes clothing, jewelry and housewares made by well-known designers.
As a repayment for the loan, recipients give their works to be included in The Nest Line’s exclusive merchandise.
Products can be found in many stores around the U.S. and also at their online shop.
Items made by the women of Nest’s loan support are beautiful and unique--each with its own cultural style. Countries represented include Guatemala, India, Israel, Mexico, Morocco, Tanzania, and Turkey.
After splurging on Nest products, you can leave guilt-free, because you have participated in Nest’s dedication to bettering the lives of women worldwide.
Funding for the loans is generated by The Nest Line, which includes clothing, jewelry and housewares made by well-known designers.
As a repayment for the loan, recipients give their works to be included in The Nest Line’s exclusive merchandise.
Products can be found in many stores around the U.S. and also at their online shop.
Items made by the women of Nest’s loan support are beautiful and unique--each with its own cultural style. Countries represented include Guatemala, India, Israel, Mexico, Morocco, Tanzania, and Turkey.
After splurging on Nest products, you can leave guilt-free, because you have participated in Nest’s dedication to bettering the lives of women worldwide.
Trend Themes
1. Micro-credit Loans - Establishment of micro-credit loan programs for female artisans in developing countries to support craft-based businesses, provides opportunities for disruptive innovation in the financial services sector.
2. Designer Products - Offering of merchandise made by well-known designers with works from female artisans in developing countries to generate funding for loans, presents opportunities for disruptive innovation in the retail industry.
3. Cultural Inclusivity - Incorporating country-specific cultural styles in products made by female artisans in developing countries, provides opportunities for disruptive innovation in the fashion and design industries.
Industry Implications
1. Financial Services - Micro-credit loan programs for female artisans in developing countries creates opportunities for disruptive innovation in the financial services sector.
2. Retail - Offering merchandise made by female artisans in developing countries through designer products generates funding for loans and provides disruptive innovation opportunities in the retail industry.
3. Fashion and Design - Incorporating country-specific cultural styles in products made by female artisans in developing countries provides opportunities for disruptive innovation in the fashion and design industries.
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