Ethical Consumption & Building Equitable Businesses, with Entrepreneur Sana Javeri Kadri of Diaspora Co.

Published: Nov. 2, 2022, 6 a.m.

Until the global Pamela Anderson, I had never given much thought to ~the supply chain~ and where the things I buy come from\u2014I kinda just took it for granted that I\u2019d have 12 different almond butter options every time I wandered down Aisle 4 at my local King Soopers.\nAnd when you\u2019re knee-deep in the \u201cFinancial Independence/Retire Early\u201d world, there\u2019s a heavy emphasis placed on attaining the things you need as cheaply as possible.\nUnfortunately, being able to purchase something for a single dollar in the US usually comes at a cost to another human being somewhere up the chain, and as consumers, we\u2019re more or less shielded from exposure to exploitative labor practices, especially globally.\xa0\nThis week, I wanted to explore consumption habits through the \u201cpersonal finance\u201d lens. We invited Sana Javeri Kadri, an entrepreneur in her twenties who\u2019s revolutionizing the Indian spice trade from the inside out, to join us for the conversation.\nSana (who recently closed a $2 million funding round) is proof that equitable business models are better for everyone from the farmer to the end consumer.\nTo learn more about our sponsor, Vin Social, check out http://vinsocialvip.com/.\nEpisode transcripts can be found at https://www.podpage.com/money-with-katie-show/.\n\u2014\nMentioned in the Episode\n\n450 million in the global supply chain: https://www.hrw.org/news/2020/04/02/covid-19-puts-millions-global-supply-chain-workers-risk\n\n\nOutsourcing to China, Korea, and the EU: https://www.ilo.org/global/about-the-ilo/newsroom/news/WCMS_370189/lang--en/index.htm\n\n\n"Food at home" prices up 12% this year: https://www.ers.usda.gov/data-products/food-price-outlook/summary-findings/#:~:text=In%202022%2C%20all%20food%20prices,between%2010.0%20and%2011.0%20percent.\n\n\nCrocodile farming and Herm\xe8s scandal: https://www.vice.com/en/article/g5bg8x/hermes-plans-to-build-australias-biggest-crocodile-factory-farm\n\n\nBritish colonization of India for spices: https://www.statecraft.co.in/article/spices-textiles-slaves-tea-and-opium-why-the-british-came-and-stayed-back-in-india\n\n\nBon App\xe9tit's interview with Sana: https://www.bonappetit.com/story/sana-javeri-kadri\n\n\n60% of India lives on less than $3.10 per day: https://www.cnn.com/interactive/2017/10/world/i-on-india-income-gap/\n\n\nDiaspora Co.'s single origin spices from 150 farms: https://www.diasporaco.com/pages/about\n\n\nSana's $2.1m funding round (Forbes): https://www.forbes.com/sites/shaynaharris/2022/07/14/diaspora-co-mints-21-million-in-fresh-financing-to-build-an-equitable-spice-trade/?sh=635c64c274a4\n\n\n\u2014\n\ufeffFollow Along\n- Listen to Money with Katie here: https://www.podpage.com/money-with-katie-show/\n- Read Money with Katie: https://moneywithkatie.com/\n\nFollow Money with Katie!\n- Instagram: https://www.instagram.com/moneywithkatie/\n- Twitter: https://twitter.com/moneywithkatie\n- TikTok: https://www.tiktok.com/@moneywithkatie\n\xa0\nSubscribe to Morning Brew\n- Sign up for free today: https://bit.ly/morningbrewyt\n\nFollow The Brew!\n- Instagram: https://www.instagram.com/morningbrew/\n- Twitter: https://twitter.com/MorningBrew\n- TikTok: https://www.tiktok.com/@morningbrew\nLearn more about your ad choices. Visit megaphone.fm/adchoices