Microfinance in the fieldRSS Feed
Last week I visited Oikocredit partner Ezoxs with four journalists. We not only got an impression of what the founders of the agricultural business had achieved (see part 1), but also the key role that Ezoxs plays in the community.
Oikocredit’s support for the Ezoxs organic milk farm in Slavyanovo near Popovo in north-western Bulgaria has helped transform it from an agricultural business rejected by banks into a successful company. Local banks now come knocking at Ezoxs’ door, whereas just a couple of years ago they refused to even extend loans.