Forget plastic and leather, your next wallet could be made from a more ethical and eco-friendly alternative—banana fiber. Kosrae, Micronesia-based startup Green Banana Paper tapped into banana tree waste, upcycling the unlikely material into stylish and sturdy vegan leather wallets. Green Banana Paper launched a Kickstarter to bring these eco friendly wallets to the global market and help improve the lives of local farmers.
Bananas may be easy to eat, but the trees they grow on need a surprising amount of work. There are approximately 200,000 banana trees spread across the island and after harvesting, local farmers must cut down the plant every year to promote fruit production. The mass amounts of banana fiber waste are typically left on the ground to biodegrade, but Green Banana Paper saw an entrepreneurial opportunity with environmental and social benefits. Founded by New England native Matt Simpson, the social enterprise produces strong and water-resistant wallets with designs inspired by the coconut palms, ocean life, and people of Micronesia.
“Green Banana Paper wallets are not only ecofriendly; they are helping to provide a living wage to Kosraean families,” says the company. “Matt hopes to continue to scale up production, and get even more people on the island involved in this truly community-oriented business.” Green Banana Paper has launched a Kickstarter to raise funds for hiring more people and improving the quality of their products. Supporters of the project can also receive their own banana fiber wallet, which can be shipped around the world.