Today marks the kick-off of Oikocredit’s 2nd Summer of Microfinance campaign, an initiative started last year to raise awareness of the power and effectiveness of microfinance…when it is done correctly. More than four decades ago, some pioneering individuals with foresight realized the poor could be empowered through the provision of credit for the expansion of productive capacities. In simple terms, we are talking about small loans made to poor women ... Read More »
Most of us know how much our mothers do, and have always done, for us. We know how important they are, and how we rely on them for support, no matter if we are young or old, rich or poor. Our mothers would sacrifice everything so that we are safe and happy – I think this is a universal trait of mothers all throughout the world. And for one day ... Read More »
The many facets of microcredit are enumerable. But, according to Muhammad Yunus and Oikocredit’s Tor G. Gull, the definition of microcredit must never include profiting from the poor.
Make a transfer from a SAVINGS or CHECKING account and earn 2% returns on money that would otherwise be earning little to nothing.
Give the GIFT of an investment account to a child or recent graduate! Save for their future while earning more than most current CDs or savings bonds.
Make a transfer from an existing INVESTMENT account and receive a solid return while know that your money is creating a major impact in the lives of poor people around the world.