News

Oikocredit investment in Valency Agro Nigeria Ltd will create jobs and improve farmers’ livelihoods

cashewsOctober 27 | 2021 The loan to the cashew processing company will generate more employment and improve the livelihoods of both rural women and smallholder farmers in Nigeria. full story

Stories from Brazil [part 2]: Crediluz

CRED-BR- (40).jpgOctober 21 | 2021 Currently, Oikocredit has 22 partner organisations in Brazil. To give you a glimpse of the type of organisations we support in the region, we’re introducing you to Crediluz and some of their clients. This is the second part of a three-part series featuring our partners in Brazil. full story

Stories from Brazil [part 1]: Sulcredi

Vilson Ghisleri in his vineyardOctober 21 | 2021 Currently, Oikocredit has 22 partner organisations in Brazil. To give you a glimpse of the type of organisations we support in the region, we’re introducing you to Sulcredi and some of their clients. This is the first part of a three-part series on our Brazilian partners. full story

Oikocredit invests in Fundación Génesis Empresarial, Guatemala's leading microfinance institution

Genesis EmpresarialOctober 20 | 2021 Stable and successful Central American microfinance institution helps low-income rural clients and their families improve lives with microfinance services and training. full story

Gladys’ story: financing for families and flavour

COOP-EC-032.jpgOctober 13 | 2021 Oikocredit invests in organisations that support women like Gladys Arcos, an entrepreneur leading a family business in Ecuador. Here we see how access to finance matched with her entrepreneurial drive, helped provide for her family in difficult times and created opportunities for a better future. full story

Oikocredit signs new loan guarantee agreement with AGF

Screenshot 2021-10-08 110039.pngOctober 08 | 2021 African Guarantee Fund for Small and Medium-sized Enterprises (AGF) is enhancing its loan guarantee to Oikocredit by US$ 25 million, bringing its total 10-year loan guarantee to US$ 43 million. full story

Celebrate International Coffee Day with a cup of sustainable coffee!

Jose Augusto Cordón, Oikocredit’s Senior Investment Officer in Central AmericaOctober 01 | 2021 International Coffee Day takes place every 1 October. It’s a day to appreciate the hard work of coffee growers around the world and to renew efforts to ensure that they earn a fair income for their efforts. There can be no better day to drink a cup of sustainable and fair trade coffee with friends and family! full story

Changes to the Supervisory Board

Org announcement.pngOctober 01 | 2021 Joseph Patterson has submitted his resignation as Chair of Oikocredit’s Supervisory Board effective 1 October 2021. full story

Oikocredit joins DFC and USAID in USD $55 million Covid-19 relief loan financing programme for sustainable agriculture development in India

AMCC-IN-018September 24 | 2021 The U.S. International Development Finance Corporation (DFC) and the United States Agency for International Development (USAID) are jointly sponsoring a $55 million credit guarantee with Maanaveeya, our subsidiary in India, and other lenders to support the Indian agriculture sector hit by Covid-19. full story

Change to Oikocredit’s Managing Board

Bart-van-Eyk-web.jpgSeptember 23 | 2021 Bart van Eyk, Director of Investments, will be leaving Oikocredit at the end of February 2022 to explore new ventures in the world of impact investing and social enterprises. full story

Supporting partners’ innovative responses to Covid-19

response asset 1.pngSeptember 22 | 2021 Since the start of the Covid-19 pandemic, Oikocredit has helped partners and their clients and members stay safe, be informed and cope with the crisis. Building on from our coronavirus solidarity fund, our Innovation in Response to Covid-19 programme supports partners in developing adaptive solutions with the people they serve. full story

Oikocredit is partnering with Sidian Bank to support SMEs in Kenya

Sidian Bank logo.jpgSeptember 22 | 2021 Sidian Bank, a mid-tier bank focusing on SMEs in Kenya has secured a deal with the Netherlands based social impact investor, Oikocredit, to support lending to the SME sector in Kenya. full story

Making a difference: our Impact Report 2021

Elikanah asset.pngSeptember 20 | 2021 We interviewed Elikanah Ng'ang'a, Oikocredit’s Social Performance and Capacity Building Officer for Africa, to get behind the numbers in our latest Impact Report 2021. He provides us with insights into the many aspects of his work supporting our partners and the difference Oikocredit is making. full story

Impact Report 2021 is live!

fb.pngSeptember 15 | 2021 Oikocredit just published its Impact Report 2021. In this report you can learn all about Oikocredit’s social impact: how we measure it, what this looks like in our focus sectors and regions, our capacity building support and more. full story

Carlos and Esteban’s story: Securing a better future

JARD-EC-047.jpgSeptember 03 | 2021 How can access to finance help dreams become a reality? We follow the story of Carlos Cajas and his son, Esteban, who established a family business that transformed their lives and positively impacted their community. full story

Q2 2021 quarterly report: Performing acceptably in an unpredictable environment

Untitled design (7).pngAugust 23 | 2021 Four times a year Oikocredit publishes key facts and figures on the previous quarter. Here we provide our investors and others with additional background context on developments during the second quarter of 2021. full story

Overcoming Covid-19 challenges in India [interview part 2]

AGM-2018-05.jpgAugust 20 | 2021 India, the second most populous country in the world, has been hit incredibly hard by Covid-19. In the second part of this interview with Gouri Sankar, the Managing Director of Oikocredit’s subsidiary in India (Maanaveeya), we learn about: how Maanaveeya has been supporting its partners and how our partners have been serving their clients. We also learn about Maanaveeya’s outlook for the near future. full story

Overcoming Covid-19 challenges in India [interview part 1]

AGM-2018-05.jpgAugust 19 | 2021 India, the second most populous country in the world, has been hit incredibly hard by Covid-19. What is the situation like now? Has Oikocredit’s subsidiary in India (Maanaveeya) been able to cope? What about our staff and our partners and their clients? Gouri Sankar, Managing Director of Maanaveeya, answers these questions and more. full story

Oikocredit appoints new Regional Equity Manager for Asia

Anirudh_1.jpgAugust 19 | 2021 Oikocredit has appointed Anirudh Sarda as Equity Manager for investments in Asia. full story

Oikocredit’s work and plans in Brazil

Nicolas ViedmaAugust 12 | 2021 Oikocredit’s office in Brazil is one of several country offices the global cooperative has in Latin America and the Caribbean. We recently interviewed our Brazil Country Manager, Nicolas Viedma, to talk about some of the most pressing issues and plans for Oikocredit in the country. full story

Oikocredit invests € 1.6 million in Comafruits to support Mali mango value chain

mangoAugust 03 | 2021 The loan to the mango processing company will sustain up to 500 jobs and support the work of 3,000 mango farmers in Southern Mali full story

PowerGen partners with Oikocredit and others to connect 55,000 people to electricity in rural Nigeria

Powergen_Portfolio.pngJuly 22 | 2021 The electricity will be provided by 28 distributed renewable energy (DRE) systems, designed as solar PV and battery-powered mini-grids. full story

Oikocredit makes interim changes to its Managing Board

Org announcement.pngJuly 20 | 2021 Oikocredit will make two interim changes to its Managing Board while the cooperative continues its search for a new Managing Director. full story

Oikocredit’s new investment in Unaitas will support farmer cooperatives in Kenya

Unaitas LogoJuly 15 | 2021 Oikocredit is providing a new loan to Unaitas, the fastest growing savings cooperative in Kenya with over 378,000 members. full story

Oikocredit appoints new Regional Equity Managers

Valeria and Sebastien.pngJuly 08 | 2021 Oikocredit has appointed two new Equity Managers, Valeria Gelsi and Sébastien Rigaud, with responsibility respectively for Latin America and Africa full story

A better life in the cooperative

Coops day assetJuly 02 | 2021 On the International Day of Cooperatives (#CoopsDay), 3 July, international cooperative and social impact investor Oikocredit is celebrating the principles of solidarity, cooperation and community – and its work with cooperatives worldwide. full story

Oikocredit is ready for the future [interview]

Thos Gieskes_webJune 28 | 2021 With Oikocredit’s Managing Director, Thos Gieskes, leaving later this year, we wanted to sit down with him to discuss his time at Oikocredit. We also recently held our Annual General Meeting, making this a good time to reflect on what Oikocredit was like when Thos first started, where the cooperative is today, where it’s headed and how the current and new strategy are connected to it all. full story

Oikocredit invests in Fin’Elle to support women entrepreneurs in Côte d'Ivoire

logo.jpgJune 24 | 2021 Oikocredit’s loan to Fin’Elle will help provide microfinance and mesofinance loans to 10,000 households in Côte d'Ivoire. full story

Looking for our new Managing Director

Appointment of MD brochure.jpgJune 23 | 2021 Oikocredit is looking for an inspirational and visionary Managing Director to lead our impact into the future. full story

Specialty coffee making an impact

CARA-UK-020.jpgJune 16 | 2021 Oikocredit partner Caravela Coffee is driven by two things: promoting delicious specialty coffee and supporting low-income communities in Latin America. The combination of these two elements has resulted in the support of 4,000 smallholder coffee farmers and a tastier market. full story

Oikocredit holds 45th annual general meeting

45th AGM asset.pngJune 14 | 2021 Last week Oikocredit held its 45th Annual General Meeting (AGM) in Amersfoort, the Netherlands, with members and others participating through a web-based conferencing and electronic voting system. full story

Oikocredit invests in Grace and Mercy to expand lending to women in rural communities across Nigeria

cropped-GnM-LOGO.pngJune 10 | 2021 This is Oikocredit’s first loan to Grace and Mercy Households Improvement Initiative, a Nigerian microfinance institution (MFI) supporting marginalised and economically disadvantaged people. full story

Oikocredit invests in FCMB Limited to support low-income communities in Nigeria

FCMB_Logo.pngJune 03 | 2021 This is Oikocredit’s first investment in First City Monument Bank (FCMB) Limited – a bank that focuses on poverty alleviation, empowerment and environmental sustainability in Nigeria. full story

Building resiliency among partners [blog]

latest.pngMay 31 | 2021 Many of our partner organisations in Southeast Asia have been hit hard by the Covid-19 pandemic, but they are learning how to become more resilient. This blog by Tes Pilapil, Oikocredit’s Regional Director of Southeast Asia, shares about how our partners are practicing solidarity and strengthening their organisations via Oikocredit’s digital webinars. full story

Oikocredit invests in cashew cooperative, supporting nearly 5,000 farmers in Côte d'Ivoire

ANAT-BF-03.jpgMay 27 | 2021 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. full story

Q1 2021 quarterly report: Steady recovery

Untitled design (7).pngMay 25 | 2021 Four times a year Oikocredit publishes key facts and figures on the previous quarter. Here we provide our investors and others with additional background context on developments during the first quarter of 2021. full story

Carmiña’s story: Building a family business

COOP-EC-008.jpgMay 14 | 2021 We meet with Carmiña López who we also highlight in our Annual Report 2020. Carmiña is an entrepreneur with a family business that has grown with funding from Cooprogreso, one of our financial inclusion partners in Ecuador. full story

Protecting smallholder farmers and building resilience [interview part 2]

SSNUP interview 3.jpgMay 03 | 2021 To protect food security and combat rural poverty, Oikocredit joined the Smallholder Safety Net Upscaling Programme (SSNUP). In the second part of this interview, Ging Ledesma, Director of Social Performance and Innovation at Oikocredit, shares about how Oikocredit is contributing to SSNUP with weather index insurance and the price risk management programme. full story

Protecting smallholder farmers and building resilience [interview part 1]

SSNUP interview 1.jpgMay 03 | 2021 As the agriculture sector and food security are threatened, low-income communities suffer. Ging Ledesma, Director of Social Performance and Innovation at Oikocredit, shares about these issues and how Oikocredit and others are responding with the Smallholder Safety Net Upscaling Programme (SSNUP). full story

Resilience, solidarity, loyalty: Oikocredit publishes its Annual Report 2020

annual report 2020 asset.pngApril 15 | 2021 Today Oikocredit published its Annual Report 2020. While effects of Covid-19 had implications for Oikocredit’s income, assets and portfolio, business continuity is secure – thanks to investors’ loyalty. full story

Maanaveeya awarded silver medal for ‘Investing in People’

April 12 | 2021 Maanaveeya, Oikocredit’s subsidiary in India, recently won SKOCH Group’s Environment and Sustainability silver medal and Order of Merit certificate for its work of ‘Investing in people’ in India. full story

Fintech Avanti Finance raises US$ 26 million in Series A funding round led by Oikocredit and others

ani1617801681.jpgApril 08 | 2021 Social impact investor Oikocredit’s investment in Avanti Finance will help accelerate credit and other financial products to 100 million unserved and underserved households in India. full story

Managing Board Change at Oikocredit

Petra Lens.jpgApril 08 | 2021 Petra Lens, Director of People & Change, has decided to leave Oikocredit for personal reasons to pursue a career change. She will continue in her position until 1 September. full story

Interview: Swift action safeguarded results

Mirjam 't Lam-Jet van Gaal.jpgApril 06 | 2021 Oikocredit is getting ready to publish its Annual Report 2020, so we sat down with Mirjam ‘t Lam, Director of Finance & Risk at Oikocredit. In the interview, Mirjam gives us an overview of the cooperative’s financial results and shares about joining Oikocredit in the midst of the global Covid-19 pandemic. full story

Oikocredit invests in Banco Caribe to promote sustainable development of SMEs in Dominican Republic

Dennis Simó Alvarez (Banco Caribe’s Executive Chairman) and Karina Vasquez (Oikocredit’s country representative).jpgApril 01 | 2021 Oikocredit’s investment of RD$150 million (USD 2.64 million) in Banco Caribe is the first international private subordinate loan that the Dominican Republic-based bank has obtained. full story

Financial results for 2020 reflect resilience and solidarity

press release news item asset.pngMarch 30 | 2021 Today Oikocredit announced its 2020 financial results. While effects of Covid-19 had implications for Oikocredit’s income, assets and portfolio, business continuity is secure – thanks to investors’ loyalty. full story

Q4 2020 quarterly report: Proving our resilience

Untitled design (7).pngMarch 30 | 2021 Four times a year Oikocredit publishes key facts and figures on the previous quarter. Here we provide our investors and others with additional background context on developments during the fourth quarter of 2020. full story

‘I’m not frightened anymore’: supporting women’s empowerment

Nina Alff.JPGMarch 16 | 2021 In honour of International Women’s Day, we had Christina (Nina) Alff, from Oikocredit Support Association Baden-Württemberg, share her thoughts on “women’s empowerment” in this blog. Nina spends a lot of her time and expertise raising awareness on gender equality and shares about how this topic relates to Oikocredit’s work. full story

Change to Oikocredit’s Managing Board

Thos Gieskes.jpgMarch 15 | 2021 Thos Gieskes, Managing Director, will be leaving Oikocredit, having announced that he will explore new opportunities. Thos will continue to work for the cooperative until 1 October. full story

The eyes of Oikocredit

20190930_005.jpgMarch 10 | 2021 They have visited 184 partner organisations and met 800 people worldwide for Oikocredit International, more than any Oikocredit staff member. Dutch photographer couple, Pauline and Wim Opmeer, are the eyes of Oikocredit. full story