Word: pearling
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...minimalism of today's TVs? Taiwanese TV maker Hannspree offers models designed to appeal "on an emotional level." The 100 or so LCD sets, priced from $450 to $1,400, come in three lines. The Style range, an eclectic collection of TVs in such shapes as cellos, flowers and pearl oysters, are clad in wood, rubber or bright plastic...
Since 2001, PEARL has assisted 11 cooperatives with 15,000 members. "It's small, but it's growing like wildfire," says Clay, an American who worked in Rwanda before fleeing the violence. The co-ops' income has jumped from $650,000 in 2004 to $1.2 million in 2005 and is expected to reach $3 million in 2006. That's just a drip in the $11.4 billion world coffee market, but to farmers like Triphine Mukamyasiro, 23, whose family was killed in the genocide, it's huge. She made $30 annually when she started selling coffee in 1993. After joining...
Rwandan beans are jumping these days: this year's crop sold out, with Green Mountain coffee, Whole Foods and other companies eagerly buying. "Rwanda has gone from being completely unknown to being the hottest coffee origin in 2005," says Schilling, who runs PEARL in Rwanda...
...PEARL had to solve the farmers' credit-financing issues too. Farmers can't wait six to nine months between harvest and payment. So PEARL partnered with EcoLogic Finance, a Cambridge, Mass., nonprofit that loans to businesses in Africa and Latin America, to set up financing for the co-ops, which are too large for micro loans...
Etienne Bihogo, 36, who works with PEARL, notes that the co-ops are also helping drive reconciliation between Hutu and Tutsi farmers. Growers who were once enemies are working side by side at their local washing stations. "You can see that people are together now, and they can think in terms of profits," he says, "not in terms of what divides them." --With reporting by Megan Lindow/Cape Town