Better Globe Forestry Ltd. (BGF) plants trees in the semi-arid areas south of the Sahara to help smallholder farming communities overcome extreme poverty. The Norwegian company Better Globe AS has customers worldwide who help crowdfund BGF’s operations through the purchase of trees and donation packages. In return, our customers earn an ethical, sustainable, and long-term profit from the trees they own.
As a customer of Better Globe AS, you contribute to planting trees in parts of the world where increasing forest cover and reducing desertification is crucial. At the same time, you are helping to create jobs in rural areas in eastern Africa. The result is a reduction in poverty and increased opportunities for families to stay together as jobs become more available.
Our customers also contribute to a positive environmental impact. The trees we help to plant bind carbon dioxide, prevent desertification, retain and improve the topsoil, and provide more nutritious agricultural land. BGF’s tree planting activities can also help protect local water sources from sedimentation in surface runoff, like in the case of Lake Kiambere, and counteract deforestation in tropical forests.
BGF takes care of the trees
BGF’s approach to social entrepreneurship in their effort to eradicate extreme poverty in East Africa secures profit interests for all parties involved. Long-term sustainability is only achieved when everyone involved in the effort benefits, including the environment.
To support BGF’s vision, Better Globe AS offers trees and donation packages through a sustainable business model to customers worldwide. The sale of these two products helps crowdfund BGF’s activities while giving a profitable financial return to our customers when the trees are harvested. This economic incentive is a thank you for supporting the mission to create long-term and sustainable social change with BGF.
In East Africa, BGF acts as a local agent for Better Globe AS and takes care of the trees to secure our customers’ financial interests. BGF is responsible for both the care and the harvest of the trees together with the distribution of the social aid provided through the donation package we sell.
Estimated return from trees repurchased over 20 years
Each tree you buy yields an expected return of €208.25 during the trees’ production age and the 20 years repurchase period. The same goes for the two owner-trees included in the donation package, they each pay €208.25 in return to the customer.
Since the first trees came of age and the repurchase period for our first customers started in 2010, Better Globe AS has paid all customers as promised and on time. We can proudly say that Better Globe AS has a history of 100 percent customer fulfillment in terms of estimated returns paid to our customers.
- Read more about our trees →
- Read more about our donation package →
- Read more about how the profit-sharing works →
Donation Package – do good and make money
Our wish is that all our customers buy the donation package monthly. It creates significant social impacts and includes four trees and funding for, among other things, school activities, microfinance, and support to smallholder farmers.
Of the four trees in the donation package, two trees belong to the customer who purchased the donation package. The two remaining trees are donated through BGF to farmers, local organizations, or schools.
At present (2020), we have used money from the donation packages to build two schools and toward the renovation of several schools. A part of the money in the donation packages finances microloans and community-owned microloan banks. Nor do we or BGF run any schools or microloan banks; we fund the operations, and BGF leaves qualified partner organizations and the local communities to run them.
The final part of the donation package is the financing of water-related projects. We have helped to finance the drilling of wells. But more often, BGF has put up gutters and water collection tanks. When necessary, they have also provided water to areas where it is needed. Contract farmers also get training in water management by BGF agroforestry agents that travel around to help farmer groups make the most of the opportunity.
Regular savings – something we appreciate and reward
Like other businesses, BGF is dependent on regular revenue. BGF needs to pay its employees’ salaries, manage the plantations, and develop the business. Therefore, they appreciate all the customers who buy trees or donation packages from Better Globe AS regularly. The donation package is especially important, as it is the main engine behind their ability to help and support dryland farming communities and end extreme poverty one family at the time.
Purely from a financial perspective, it is more profitable for the customers of Better Globe AS to buy individual trees than to buy the donation package. For us, however, everything that the donation package contributes to, such as school activities, microloans, and water-related projects, is of the utmost importance to increase our social impact. Therefore, we reward all customers who buy at least one donation package and ten trees each month, or 12 donation packages and 120 trees, throughout a calendar year. Better Globe AS does this by giving out 20 bonus trees at the end of the year to all the qualified customers.
Buying a donation package and ten trees every month gives our customers 12 trees per month or 144 trees per year. With the loyalty bonus, you get 20 bonus trees, which means that you end up with 164 trees per year instead of 144. Taking advantage of this opportunity gives you a slightly better cashback rate than if you bought the trees individually. And at the same time, you significantly increase your social impact in East Africa. With regular savings, the local communities win, the environment benefits, and you prosper while making a difference.
Save some of your money in trees and help counter poverty
If you want to join in and make a difference in East Africa, contribute to a better world, and manage your savings in an ethical, sustainable, and long-term way, click on the link to our shop and make a socially responsible purchase with us today.