Dear Friend, thank you so much for being with us on our journey. As you all know, having survived a difficult year in 2020 due to Covid-19, Myanmar has now been plunged into even more difficult and uncertain times. On February 1st 2021, the military took over the government, and now the country is experiencing a devastating third wave of Covid-19.
At the beginning of 2021, more than one-third of small businesses in Myanmar had collapsed because of the struggles from the previous year. We feel very blessed to have been amongst those who survived – and thank you so much for your part in that. But now, facing prolonged uncertainty, we are asking for your help again.
Our main objective is to keep our small group of artisans together, providing work when we can, and financial support during times when restrictions make it impossible to manage production and ongoing sales. As we look forward to the coming months, there will be some crucial steps to re-start production, including arranging vaccination for group members, and adapting our work premises and processes in the face of ongoing Covid-19 restrictions.
It will be slow-going: we estimate that, in the medium term, we can run at between 30% and 50% efficiency – meaning that income from sales of products would probably cover only one third to one half of the costs of maintaining our group members. Hence, we anticipate a prolonged period of needing to support group members. However, we do hope that limited production will be possible in time for you to make your Christmas orders!
Our group members possess unique skills and talents, and are precious in many ways – so we are asking for your help to see us through this time of uncertainty.
How Can You Help? By becoming a Pann Nann Ein Shareholder!
To implement the various workplace adaptations, arrange vaccinations, continue to support our group members and help them to be able to resume working, we are asking your support. In a normal business, being a shareholder means investing in a company, with the promise of a financial return. In our case, the meaning is slightly different: we are asking you to SHARE our vision to maintain the group and continue to provide sustainable work for people with disabilities, and HOLD us in your thoughts and prayers. By purchasing “shares”, you will enable us to have sufficient income to maintain the group through the next 6 months of uncertainty, and help us to keep alive the vision of sustainable, dignified work for people with disabilities, as we seek to maintain and re-establish our artisan group.
We’ll keep you updated on how things are going with a quarterly newsletter, as well as information on new products.
At the end of the year, when conditions permit, we’ll arrange for a special gift to be sent with any order you place.
How It Works
- Use the PNE Shareholder Purchase Form below to indicate how many shares you want to purchase (the more the better!).
- Make a payment. Payments can be made in a range of currencies and can use either the Lloyds Bank account (set up specifically to handle Pann Nann Ein finances), Revolut, PayPal, or Venmo.
2. Payment Details
Please designate any payment as PNE SHARES
|Account Name||Pann Nann Ein Ltd|
Your bank may ask for an address, which should be entered as 41, Melrose Avenue, Gateshead NE19 5YD, United Kingdom (this is the UK registered address of Pann Nann Ein Ltd.)
|SWIFT code||REVOGB21XXX or REVOGB21|