Fair trade
For Oikocredit, socially responsible investment includes supporting fair trade and production organizations in developing countries, as well as fair trade importers and manufacturers in Europe and the USA. A prime objection of investments in the north is to develop the market for southern producers.
Fair trade means the payment of prices above market rates for natural and organic production of raw materials, as well as good working conditions (decent wages in the local context, normal working hours, right to membership in a trade union and no child labour).
Oikocredit supports around 50 fair trade institutions in close to 30 countries.The fair trade investment is € 15.8 million. Almost two thirds of this investment is in coffee, cocoa and tea cooperatives and farmer organizations in Latin America.
Key
facts and figures
Find out
about our clients
Download social performance Report (1MB)