Category - ecumenical loan fund

Give loans to the developing world and get a ten percent return

staff writers — Mon, 01 Dec 2008 14:34:07 +0000

A pioneering charity has launched a new initiative in the face of the credit crunch, to take loans from people who need a decent return on their income, and invest their money to help those in the developing world.

Tanzanian poor supported by church bank

Ecumenical News International — Fri, 26 Oct 2007 01:10:28 +0100

On the southern slopes of Mt Kilimanjaro, a small bank owned by 330,000 members of the Evangelical Lutheran Church in Tanzania's Northern District is improving the lives of poor people, while still managing to make a profit.