Global humanitarian charity Oxfam is staking a place in the world of high finance, announcing plans for an investment fund aimed at supporting small businesses and social goals, says the Financial Times.

A joint effort between Oxfam and Swiss microfinance outfit Symbiotics, the Small Enterprise Impact Investment Fund is the first endeavor of its kind for the aid group. It will invest in intermediary groups committed to backing small and medium-size firms in Africa and Asia, with a focus on food and agriculture.

Nicholas Coloff, Oxfam’s head of innovation and the new fund’s chairman, said potential recipients will be checked for social impact then subjected to financial due diligence. The low-risk fund aims to produce 5-percent returns, with Oxfam and Symbiotics splitting a 1.5-percent management fee.