Category - loans

  • September 20, 2017

    The UK Secretary of State for International Trade, Liam Fox, is visiting Mozambique this week. The country is in a debt crisis after Mozambican officials borrowed $2 billion from the branches of two London based banks, Credit Suisse and VTB Capital, in 2013.

  • July 5, 2017

    A summary of the independent audit into the secret loans to Mozambique has been released by US company Kroll. While information is still lacking in many areas, it offers a strong critique of the deals, providing further evidence of why the Mozambique people should not have to make one dollar of debt payments, says Jubilee Debt Campaign.

  • December 1, 2008

    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.

  • January 22, 2008

    The UK wing of the global social investment initiative Oikocredit has teamed up with the Livesimply campaign to promote a shared vision for social justice. Oikocredit provides vital loans to creative but impoverished communities.

  • January 15, 2008

    Oikocredit, a global member-based social investment co-operative which makes small loans to hundreds of vital development projects, has expressed hope that it will "really take off" in the UK after receiving its first major contribution.

  • February 16, 2006

    A church-based campaign has picketed a retail chain for charging 'pernicious' prices for consumer goods, from home entertainment systems to kitchen appliances.