Showing posts with label oikocredit. Show all posts
Showing posts with label oikocredit. Show all posts

Tuesday, November 07, 2006

www.fivetalents.org: Get to Know Five Talents International's Business as Mission

Five Talents encourages volunteers and church members to use their business skills to help others. This a noble thing to do. "It is simply the concept that business professionals can use their God-given skills and talents to assist poor entrepreneurs in developing countries who are starting small businesses as a way out of poverty. Five Talents pursues new and creative ways for business people to use their skills and talents in the overseas mission field by providing business training and one-on-one business counseling for loan recipients. The ultimate goal is a transformative experience for all involved."

"Microcredit is one of the few concepts that keeps funding in circulation, rather than using it up. As loans get repaid with interest, the money goes back out again and again." Indeed, it is a viable way to invest in the poor.

www.fivetalents.org



Other Micro Credit Organizations: Oikocredit is another one

What is Oikocredit all about? Find out how the members, partners and board members of the organization describe themselves.

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.