Hurst-based public benefit corporation Savhera PBC has raised $60,000 of a $200,000 equity offering for the company that was founded as a tool to provide jobs for women in India who are held in the throes of sex trafficking and violence in that county, according to a filing with the U.S. Securities and Exchange Commission.
Savhera PBC was founded this year by TCU political science professor Vanessa Bouché and her husband, Noel. The name Savhera means “new beginning” in Hindi, and the company buys essential oils in bulk and then repackages them for resale in smaller units. In India, the company is staffed by women who wish to work from the GB Road area, the main red-light district in Delhi.
“Our real dream would be to turn over some percentage ownership of the company to our employees.”
Since 2014, Bouché has taken students there to meet with women who are virtually captive in the brothels and gather their stories.
In October, Bouché told the Fort Worth Business Press that the idea for the company came from a conversation she had with a woman in GB Road, who told her the women there need jobs of any kind to help them break out of their environment.
The Bouchés are the founders and majority shareholders in the company that they personally funded at first.
“Our real dream would be to turn over some percentage ownership of the company to our employees,” Vanessa Bouché to the Fort Worth Business Press. “There’s a lot of education that needs to take place before that can happen. They need to be financially literate, they need to be living on their own. There’s a lot that needs to happen before we could do something like that, but that is the goal.”
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