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In addition to other sectors such as microfinance, Oikocredit supports fair trade organizations through a combination of medium and long term loans, credit lines, equity investments, and capacity building.
The fair trade movement takes a market-based approach towards empowering local producers. Fair trade organizations promote social justice through fair payments to producers and employees, long-term trading relationships and environmentally sustainable production methods.
All applicants must meet Oikocredit’s specific criteria based on internationally recognized standards.
DID YOU KNOW? Fair trade labeling began in the Netherlands, where coffee was the first labeled product in 1988. Today, over 827 producer organizations in 58 developing countries are registered as fair trade. |
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