Oikocredit’s mission is to mobilise capital for business enterprises, which operate on principles of justice and are aimed at improving the standard of living for people in the so-called Third World.
Oikocredit was founded in 1975. Since then, Oikocredit has grown into a huge financial firm with a great variety of supporters throughout the world: churches, church-related organisations, investment funds and individuals through support organizations.
Oikocredit is in many respects a unique organisation:
| Oikocredit operates like a development "bank", providing financing to disadvantaged people, people who would normally not get a loan from a commercial bank. | ||
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