C0M-MART- The Community Friendly Market Place

Summary

Today, producers in the OECD countries the get little money of products bought by consumers. There is a growing international campaign to pay struggling farmers in poor countries more than market rate

More Information About this Project

Project Needs and Beneficiaries

An important part of our business model is to reengineer the existing value chain where for a product that retails for $20 the producer in the developing country gets $1, the developing country exporter gets $4 and the US Importer gets $15. This chain has a lot of waste and by eliminating waste and using the web effectively we believe we can get a far greater % of the retail value back to the developing country. We have already demonstrated this with our prototype (www.suvy.com).

Activities

COM-MART is dedicated to build a virtue market place to facilitate small to medium suppliers in developing country to find their customers in developed countries, first in US.

Funding Information

This project has been retired and is no longer accepting donations.

Additional Documentation

This project has provided additional documentation in a Microsoft Word file (projdoc.doc).

Resources

Why this Project is Important

Potential Long Term Impact

There is a huge appetite in US for international goods. Com-MART has a potentially very large market size. According to US Census Bureau, trade from China to US reached $113.5 billion in 2002, & trade from India reached $10.9 billion.

Project Message

This is a very interesting and sustainable initiative.
- Arjun Adya, Exporter from India

Who is Running This Project

Contact

Rahul Barkataky,
Project Lead
D-134 (First Floor)
East of Kailash
New Delhi, Delhi 110065
India
9811807733
Email:

Project Sponsor

Ashoka Innovators for the Public

Organization

COM-MART
D-134 (First Floor)
East of Kailash
New Delhi, New Delhi 110065
India
9811807733
http://www.suvy.com

Learn more about COM-MART and the project team.



Where this Project is Located

Country

This project is located in India and can also be found under Technology.

For more information about India, read the Human Development Report on India or the Wikipedia entry for India.

When this Project was Updated

Last Updated

This project was last updated on October 01, 2005.

Date Added to GlobalGiving

This project was added to the GlobalGiving project catalog on July 28, 2004.