Many ways are possible for us to emulate the first disciples. Ekklesia showed me this form of cups of cold water.
Oikocredit is a co-operative financial institution, which offers loans or investment capital to microfinance institutions, co-operatives and small and medium sized enterprises in developing countries, aimed at development financing.
The organisation has been active in India for over 20 years. In 2004, a local subsidiary was created: Maanaveeya Holdings & Investments (P) Ltd, allowing Oikocredit to provide rupee loans. As a result, the borrowers are no longer exposed to foreign exchange risks. In the past four years, Maanaveeya has built up a portfolio that now holds 32 microfinance partners with a capital outstanding of 1.60 billion rupees (€ 26 million). Today, Maanaveeya is exploring the possibility to also reach out to businesses such as fair trade organizations.
Oikocredit goes beyond microfinance and provides services that also reach organizations aimed at the working poor. In addition to cooperatives of farmers, Oikocredit supports fair trade organizations and producers engaged in fair trade.
http://www.ekklesia.co.uk/node/7349
No comments:
Post a Comment