Fair trade is an essential part of Oikocredit's business. It helps ensure producers receive a stable income and adequate remuneration for their labour and products.
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 objective 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 has been a long-term supporter of fair trade, having been a member of the International Fair Trade Association for more than 20 years.