Andelskassen Oikos

Vesterport 3, 5. · 8000 Århus C tlf. 8668 2333

Nørregade 6, 1. · 1165 København K tlf. 3336 2332

Mail: aarhus@oikos.dk - kbh@oikos.dk

 

How does Oikos use your money?

Oikos loans out as much money as possible to the Micro Finance Institutions (MFIs) in Asia, Africa, South America, the Middle East and Europe .

In 2012, 2,6 billion out of 7 billion people, do not have access to financial services because they do not have collateral as security for a loan. A micro-loan is based on trust, and an assessment of whether the business idea is viable. In 2010, 137.5 million of the world's poor have had a microloan. If there are on average 5 people in a family, it means that almost 700 million poor people have been connected to a micro loan.

Give a man a fish, and he is full for a day. If he could borrow money for a boat, however, he will be satisfied for the rest of his life! Many poor people lack only an opportunity to improve their living conditions.