Medulin loan office explained

The Medulin loan office, was a Croatian savings and loan institution from Medulin, in Istria.

History

The cooperative, which sought to improve the economic situation in Istria, also operated as part of the Croatian national revival in Istria. Also, other companies with the same purpose were established in Istria.^[1] They were organized on cooperative principles under the 1884 Act.^{[2] [3]}

The Medulin loan company was founded in 1898, in order to help the peasants to obtain more favorable loans for the repayment of debts,^[4] and to obtain machines and other tools necessary for cultivating the land. Antun Žmak worked as a secretary and treasurer. The president was Luka Kirac.^{[4] [5] [6]} The loan office operated in the area of the villages of Ližnjan and Šišan.

After the First World War, with the passage of Istria from Austria to Italy, the Italian authorities obstructed its work, and in 1928 it was liquidated.

Notes and References

1. Web site: Jakovljević . Božo . 19 February 2010 . Žmak, Antun . 26 September 2017 . Istrapedia . hr.
2. Web site: Šetić i M. Manin . N. . 18 February 2009 . Istarska posujilnica u Puli . 26 September 2017 . Istrapedia . hr.
3. Encyclopedia: Zbornik radova međunarodnog znanstvenog skupa Istarsko gospodarstvo jučer i sutra [Proceedings of the International Scientific Conference Istrian Economy Yesterday and Tomorrow]. 2015. 978-953-7640-29-3. Pazin. 1029776073. Medulinsko društvo za štednju i zajmove. Andrej. Bader. Medulin Savings and Loans Association.
4. Book: Istra, Volume 18, Issues 7-10. 1985. Glas Istre via University of California. 146.
5. http://istrapedia.hr/hrv/2237/kirac-luka/istra-a-z/ Istrapedia
6. Web site: The Municipality of Medulin marked the anniversary of the birth of Don Luka Kirc . . 28 September 2020 . Istrapedia . 22 January 2021.