Regional Support Associations

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Canada Atlantic Canada Support Association

Why Support Associations?

Oikocredit Canada’s Support Associations are groups of volunteers whose members are engaged in promoting Oikocredit’s mission. Volunteer associations are part of a long-standing tradition in Oikocredit’s work. In addition to being active volunteers for Oikocredit, Support Associations are members of the Oikocredit International co-operative.

Oikocredit has two Support Associations in Canada – Oikocredit Canada and Oikocredit Canada Atlantic. Click on the regions to learn more about how you can get involved in your local Support Association.

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Oikocredit invests in FinTech Sempli to support sustainable growth of SMEs in Colombia

Esteban-Felipe1_8.jpgWednesday 31 October 2018

Together with the Inter-American Development Bank (BID LAB), Oikocredit has closed an investment of USD 5.7 million in the Colombian FinTech Sempli.

Sempli offers working capital loans to small to medium enterprises (SMEs) in Colombia. Sempli’s unique blend of human and technological approaches in its lending process mean the company can disburse loans in 72 hours, a service that is highly valued by Sempli’s SME clients.

Esteban Velasco, cofounder of Sempli commented: “We have learned from our clients that responsible debt is crucial to enabling them to grow their operations consistently. Partnering with Oikocredit and BID LAB gives us confidence to enhance our value proposition, and we are currently building the foundation to become the most relevant digital financial institution in Colombia in the SME segment.”

Read the official press release

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