ECLOF International was founded in 1946 in Geneva, Switzerland. Their first mission was to offer financial support to churches throughout Europe, especially after the Second World War. The first loans were used by churches to rebuild, renovate, or expand their premises, as well as to establish schooling and health facilities.
In 1959, after a period of growth and the reimbursement by European churches of the initial loans, ECLOF opened its first international office in Myanmar. It was rapidly followed by offices in Tanzania in 1961. By the mid-sixties, ECLOF’s work had shifted from Europe to the Global South and from loans primarily to churches to microloans and development.
Throughout the 1970s, ECLOF developed a strong expertise in microfinance services and reached out to increasingly many countries. In parallel with the pursuit of their historic activity, ECLOF offered an increasing number of microloans to impoverished and vulnerable individuals and communities.
Today, ECLOF has become the microfinance arm of the ecumenical family and reaches out to rural areas that traditionally have not benefited from microfinance as it has developed over the past several decades. Their aim is to reach out tomorrow to even more isolated rural areas and poorer populations.See more