This document provides an introduction to fair trade and outlines the benefits it provides for small farmers. Fair trade aims to create a more equitable trading system through cooperatives, pre-harvest credit, long-term buying relationships, and paying above market minimum prices. It discusses the founders of fair trade and Equal Exchange, the first US fair trade coffee company. Equal Exchange uses a cooperative business model and in 2008 paid $1 million above market price and $2 million in pre-shipment financing to coffee cooperatives.