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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 increases investment in Colombian fintech Sempli

Oikocredit increases investment in Colombian fintech Sempli

Sempli co-founders Felipe Llano (L) & Esteban Velasco (R).jpg

Sempli co-founders Felipe Llano (left) and Esteban Velasco (right)

September 24 | 2019

Oikocredit has teamed with Incofin to lead a round raising USD 8 million of investment in fintech partner Sempli, to help grow thousands more small businesses in Colombia.

Sébastien Rigaud, Equity Officer for Latin America & Caribbean, commented: “We’re impressed by Sempli´s excellent results and look forward to continuing to support its successful team with this follow-on investment. We’re very pleased that Sempli continues to be well aligned with Oikocredit’s focus on social impact.”

Sempli provides loans for small to medium enterprises (SMEs). The company uses its proprietary loan assessment process and online systems. The efficiency of this process, combined with Sempli’s user-friendly online interface, means that loan applications take under five minutes, and Sempli can assess and disburse an SME loan in less than 72 hours.

Read the full press release here >

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