Oikocredit Canada Newsletter
June 2021

Oikocredit News and Updates

 

Oikocredit holds 45th annual general meeting

For the second year running, the AGM was held as a hybrid meeting with only a small number of participants gathered at the Oikocredit office in Amersfoort, the Netherlands, due to the extraordinary circumstances of the coronavirus pandemic. Supervisory Board member Maya Mungra chaired the meeting and around 90 member representatives participated and voted online.

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Carmiña’s story: Building a family business

The ups and downs of family businesses are well known, and for many people they are their livelihoods, which also provide income for educating their children and are the hope of creating stability for future generations. Read Carmiña López story.

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Oikocredit invests in cashew cooperative

Cashew cooperative Cavica received its first international loan of EUR1.5 million from Oikocredit. The loan will support the work of 4,900 farmers in the northern rural areas of Côte d'Ivoire.

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What's Happening in Canada?

 

Oikocredit Canada welcomes new directors to the board

Oikocredit Canada, today announced the appointment of Sophie Kafuti, a former CitiGroup Congo executive; Karen TsangDirector, Global Enterprise and Operational Risk Management at Manulifle; and Omar Allam, chief executive of global trade consultancy Allam Advisory Group, to the organization’s Board of Directors. 

These new board members bring expertise in international development, impact investment, partnerships, governance, risk management, marketing and international business diplomacy. We are excited to welcome them onto our board. 

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Collaborate to build back sustainable and resilient tomorrow

The COVID-19 crisis is testing the resiliency of our existing basic systems, from healthcare, social protection, education, value chains, to financial markets. Impact investment in communities is needed now more than ever to address the  changing and unevenly distributed health and economic consequences of the global pandemic.

This makes the 
Sustainable Development Goals (SDG) more relevant today; it is time for the actors in the social impact sector to collaborate closely for a sustainable and resilient tomorrow. Read the blog written by Will Postma, ED, PWRDF and director with Oikocredit Canada board.

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AGM Discussion: Resilience and DEI go hand in hand

Resilience was a word that cropped up again and again at the 2021 Oikocredit (OI) AGM and Members’ Meeting. Another facet of resilience also got air time when the US and Canada Support Associations hosted a discussion on diversity equity and inclusion (DEI).

Sara Shoff, Chief Operating Officer of Oikocredit US (OUS), spoke to us about the DEI discussion and how DEI will be central to building resilience for Oikocredit in North America. Read more

 

2020 Annual Report

Have you read the 2020 Oikocredit Annual Report?

Social impact investor and worldwide cooperative Oikocredit recently published its annual results for 2020. While the effects of the coronavirus (Covid-19) pandemic had implications for the cooperative’s income, assets and portfolio, business continuity is secure thanks to the loyalty of its investors.

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