As a social enterprise, Good Market not only reports on financial sustainability, it also reports on public benefit. The below report is for April 1, 2014 to March 31, 2015.
Good Market started in 2012 with 32 vendors. As of March 31st 2015, there were 174 Good Market approved vendors.
Out of these 174 vendors, 55 were social enterprises, 18 were non-profit organizations, and 101 were responsible businesses. There were 27 vendors with organic agriculture products, 53 with natural food, 12 with natural body and home products, 46 with arts and handicrafts, 14 with travel experiences, and 38 with other products or services.
In 2014/2015, the Good Market standards were upgraded and a thorough review was conducted of all vendors. Updated stall signs and online profiles have been prepared for the 78 vendors currently participating in the Saturday Good Market.
In August 2014, a Good Market organic and natural food shop was opened to expand services to customers and vendors. The shop includes products from more than 65 Good Market approved vendors.
As of March 31st 2015, Good Market vendors have received payments of Rs. 13.7 million from the shop.
As of March 31st 2015, 439 farmers in 15 districts throughout Sri Lanka submitted an Organic Producer Promise. More than 100 volunteers had been involved in the Good Market Organic Participatory Guarantee System (PGS) and 24 evaluation visits have been conducted.
As of March 31st 2015, there were 125 farms approved under the Good Market Organic PGS. This includes 12 independent farms and 5 producer group clusters with 113 farmer members.
In October 2014, Good Market was approved as a member of the International Federation of Organic Agriculture Movements (IFOAM).
Good Market has more than 88,000 followers on Facebook and nearly 2,000 mailing list subscribers.
Good for People.