Oikocredit featured UUA Treasurer and CFO, Timothy Brennan, in its December Investor Spotlight. Oikocredit is but one of the many community investments in the Unitarian Universalist Common Endowment Fund.
Through community development, investors designate part of their portfolio for credit unions, non-profit banks, or funds that make loans to start-up enterprises in low-income communities. Such programs provide capital and technical expertise to persons and groups that are often under-served by traditional lenders. Affordable housing and successful minority-owned businesses are other goals of community investing. See a complete list of our community investments here.
The Unitarian Universalist Association (UUA) invites congregations to participate in community investing through its matching program.