Grassroots Business Fund Invests in Jaipur Rugs to Drive Economic Development in India – Business Fights Poverty

23 08 2012

See on Scoop.itInclusive and Sustainable Business

The Grassroots Business Fund (GBF), a global impact investing organization, is proud to announce a $1 million investment in Jaipur Rugs, one of the largest manufacturers of hand-knotted carpets in India.

 

Jaipur Rugs uses a decentralized rug production system, centered on a network of 7,000 low-income home-based weavers and an additional 3,000 wool spinners. Looms are placed both in individual homes and in community based production centers, where artisans are provided with training, materials and designs. Click here to learn more about the artisans who work with Jaipur Rugs.

See on www.businessfightspoverty.org

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