Catalogue information
The many actions that are organized for projects in the Third World call on donors to give generously. The EDCS (Ecumenical Development Cooperative Society) states that giving money for a certain type of project certainly makes sense, but that other projects need more working capital. The EDCS wants to interest investors in this. In order to provide the most reliable possible insight into the probability of return of the money to be invested, it tests all project applications extremely carefully. This means that some applications are set aside as not very promising. Nevertheless, there remains an increased risk. The EDCS challenges investors to accept this and to pursue a different added value. The AO editors were particularly impressed by the 'straightforward' approach with which Bert Kling discusses this alternative bank and its background. It prompted the editors to make this AO, partly in connection with the 10th anniversary of the EDCS.
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