Stats

1 Unmatched Project
11 Successful Matches
11 Volunteers worked with us
$
82,500 Saved

Managers

Prosperity Candle

Greater Boston

Mission

 
Prosperity Candle L3C is a social venture that works to empower women entrepreneurs in distressed regions to not only survive, but prosper and thrive. We achieve this by offering high quality gift options to conscious consumers.

We have completed our pilot project in Iraq and are now piloting our model with Iraqi women refugees in Springfield, MA. Expanding our market presence and offering compelling gifts will position us to scale up in Iraq and expand to Rwanda and Haiti.

What We Do

 
Six years ago, members of the Prosperity Candle team envisioned a simple yet innovative business model we call "shared prosperity". Simply stated, it is an import, marketing and distribution business that prioritizes social benefit to a group that is among the most isolated from global commerce – women entrepreneurs in places of distress – through ongoing support, sustained market access, and regular profit-sharing.

Taking fair trade a step further, our company considers a living wage as the starting point from which a Prosperity Candle producer can develop into a successful entrepreneur. We view each woman trained in candle-making as a partner eligible for quarterly profit-sharing. Rather than providing year-end charitable donations to worthy causes, we directly profit-share with each producer every 3 months. This assures the opportunity to earn well above an average income while also providing incentive to deliver high quality product.

Our model starts with the operational structure and margins of the founders’ previous successful import companies. It then modifies the value chain to incorporate thousands of independent producers in challenging environments by integrating existing programs of international NGOs (non-governmental organizations), removing intermediaries, and providing ongoing support through a linked non-profit foundation. Essentially, we rearrange the key players to account for a higher cost structure, and then distribute the benefits upstream.

The Prosperity Candle gift collection is now growing to include a wider range of candle products. As we grow our marketing and sales presence we prioritize connecting customers to entrepreneurs to create a compelling woman-to-woman connection through global commerce.

Causes

 
ECONOMIC EMPOWERMENT
WOMEN'S ISSUES

Unmatched Projects

 
WordPress Blog posted on Sept. 30, 2011

Completed Matches

Social Media Campaign matched on Oct. 20, 2010
Brand Identity matched on May 29, 2011
Market Analysis for Income-Generating Organizations matched on March 25, 2011
Social Media Campaign matched on Feb. 24, 2011
Online Marketing Plan matched on July 1, 2011
Public Relations Plan matched on May 12, 2011
Motion Graphics Video matched on July 21, 2011
Press Release matched on July 7, 2011
E-Newsletter matched on Sept. 30, 2011
Copywriting matched on Sept. 23, 2011
Press Release matched on Sept. 27, 2011