Press releases

Oikocredit and GAWA Capital provide equity finance for new generation microfinance company Sindhuja Microcredit

Logo Sindhuja.jpg28 March 2024 Oikocredit’s new equity investment deepens collaboration with Indian fintech partner to serve financially excluded rural people and enterprises. full story

Oikocredit renews support to Leasafric Ghana with funding of GHS 10 million

LEASAFRIC logo25 March 2024 Oikocredit’s new term loan will boost Leasafric’s work with farmers in northern Ghana and its support for ride-hailing enterprise partners. full story

Oikocredit to meet with Licadho, Equitable Cambodia, Fian Germany and the Dutch OECD NCP

11 March 2024 Amersfoort, the Netherlands – Representatives of Oikocredit, Licadho, Equitable Cambodia, Fian Germany and the Organisation for Economic Co-operation and Development (OECD) National Contact Point ... full story

 Oikocredit leads US$ 10 million equity-and-debt seed funding for Mexican fintech YoFio

YoFio logo26 February 2024 New investment in YoFio’s digital financial services platform will support growth of inclusive finance in Mexico full story

Oikocredit strengthens commitment to Mexican micro enterprises with € 2.1 million loan to Sofipa

30 January 2024 Four-year loan to new partner serves micro business in southeastern Mexico, principally women in underdeveloped rural locations. full story

Oikocredit agrees US$ 5 million loan to Kenya’s Juhudi Kilimo to support smallholder farmers and micro enterprises

09 January 2024 09 January 2024, Amersfoort, the Netherlands – Impact investor Oikocredit has approved a five-year loan of US$ 5 million (KES 750 million) to Juhudi Kilimo, a non-deposit-taking microfinance ... full story

The Netherlands Ministry of Foreign Affairs pledges support for a Systematic Approach to Graduating the Cooperative Landscapes

AgriGRADE119 December 2023 Utrecht, Netherlands – The Netherlands Ministry of Foreign Affairs has pledged EUR 8 million to AgriGRADE, an innovative approach to graduate the cooperative agricultural sector in emerging ... full story

Oikocredit strengthens commitment to Mexican SMEs with loan of €1.07 million to Procap

PROCAP logo.jpg18 December 2023 Four-year loan to new partner serves businesses in Baja California in line with the objectives of the UN's Sustainable Development Goal 8 full story

Oikocredit provides Brac Uganda Bank Ltd with € 7.5 million to empower micro and small businesses

logo Brac.png14 December 2023 The loan will enable trade, agriculture and transport enterprises in the African nation to access funds for expansion and job creation. full story

Oikocredit Canada to Wind Down Operations

29 November 2023 Oikocredit Canada, a Canadian non-profit organisation, announced today the wind down of its operations in Canada. This decision by its board of directors marks the end of more than 40 years of successful operations in Canada, effective Dec 31,2023. Oikocredit Canada has played an active role in the impact investing space as a Support Association of Oikocredit International, a pioneering social impact investor and worldwide cooperative. full story

Oikocredit invests € 7.5 million in Vista Bank Burkina to support SMEs and educational finance in Africa

22 November 2023 Amersfoort, the Netherlands – Impact investor Oikocredit has extended a loan of € 7.5 million to Vista Bank Burkina to support the bank’s portfolio growth, expanding access to finance for small ... full story

Oikocredit and Aqua for All partnerships to boost community water and sanitation provision in East Africa

Aqua for All logo PNG.png16 November 2023 Joint support for inclusive finance institutions will accelerate low-income Kenyans’ and Ugandans’ access to safe water and sanitation services. full story

Oikocredit, Goodwell Investments and Global Partnerships invest in Good Nature Agro to support southern African smallholder farmers

Good Nature Agro logo08 November 2023 Investors commit a combined total of US$ 8.5 million to expand Good Nature Agro’s social impact. full story

Oikocredit invests US$ 2 million in RDG Collective to support solar energy growth in Africa

logo RDG.jpg06 November 2023 RDG Collective will use the loan to provide electricity and mobile connections to thousands more households in Zambia. full story

Oikocredit and Solidaridad sign new partnership to strengthen community development

Solidaridad.jpg31 October 2023 Collaboration aims to amplify partners’ impact by working together for a more equitable and sustainable world. full story

Oikocredit seals partnership with Fortune Credit as European Microfinance Award selects Kenyan MFI as finalist

05 October 2023 First Oikocredit loan to Fortune Credit coincides with European Microfinance Award’s shortlisting of Kenyan microfinance institution for 2023 prize. full story

Oikocredit commits USD 26.5 million for renewable energy access in sub-Saharan Africa

03 October 2023 Announced at the Clinton Global Initiative 2023 Meeting, the investment will help will unlock and promote initiatives to improve electrification and empower people in a region of strong demographic and economic growth full story

Oikocredit welcomes opportunity for dialogue following OECD NCP submission acceptance

15 September 2023 Oikocredit supports the decision of the Organisation for Economic Co-operation and Development (OECD) National Contact Point (NCP) in the Netherlands to accept the submission made by Licadho, Equitable Cambodia, and Fian Germany. full story

Peruvian Fintech Prestamype closes a US$5 million Pre-Series A equity round led by impact funds ALIVE Ventures and Oikocredit

Picture1.png24 August 2023 Lima, August 2023 – Prestamype, the largest digital financial services platform for micro and small enterprises in Peru, is proud to announce the closing of a US$5 million Pre-Series A investment round, led by social impact investors Acumen Latam Impact Ventures (ALIVE) and Oikocredit, with the participation of Salkantay Ventures, Peru’s largest Venture Capital fund; as well as Inca Ventures, AVP, and other angel investors. full story

Oikocredit, IDB Invest and Cooperativa Jardín Azuayo announce groundbreaking diversity and inclusion social bond

Event IDB-JardinAzuayo.jpg01 August 2023 Combined US$ 20 million investment will increase the Ecuadorian savings and credit cooperative’s services for women and low-income entrepreneurs. full story

Oikocredit invests in Witti Finances to support financial inclusion in Côte d’Ivoire

witti logo1.png31 July 2023 Oikocredit’s € 3 million loan will enable the Ivorian microfinance institution to expand and enhance its financial services. full story

Oikocredit invests € 1.2 million in Baobab+ to support off-grid households in Cote d’Ivoire

Baobab_Plus_Logo_FullColour_Transparent_RGB.png27 July 2023 The loan to the solar home and digital systems company will help provide access to energy and digital platforms up to 40,000 clients in rural and peri-urban areas in Cote d’Ivoire. full story

Oikocredit leads US$ 2.5 million extension funding round for Uruguayan fintech partner Bankingly

bankingly logo.png29 June 2023 This follow-on equity investment reinforces Oikocredit’s commitment to support digital financial services in emerging markets. full story

Oikocredit and Ueno join forces to promote Paraguayan women’s empowerment

Logo 1 Ueno.png22 June 2023 Five-year € 4.5 million Oikocredit term loan will support women-led micro, small and medium enterprises in Paraguay full story

Oikocredit confident about staying at the forefront of impact investing

11 April 2023 Amersfoort, the Netherlands – Social impact investor and worldwide cooperative Oikocredit today published its Annual Report for 2022, including its consolidated financial statements. full story

Oikocredit and Triodos IM provide € 10 million Tier II capital to Bridge Bank Group Côte d’Ivoire

06 February 2023 The Ivorian bank, an affiliate of Bridge Group West Africa, finances local small and medium enterprises and supports job creation in the region full story

MyCredit and Oikocredit US$ 2.6 million partnership to fund SMEs in Kenya

02 February 2023 This loan facility from Oikocredit will support Kenyan financial company MyCredit to offer affordable, medium-term financing to local SMEs full story

Oikocredit invests US$ 5 million in Yellow to support growth of solar energy in Africa

31 January 2023 With this loan, Yellow aims to provide electricity and mobile connections to more households in Africa full story

Initial statement on the complaint raised against Oikocredit with the OECD Guidelines National Contact Point in the Netherlands

22 December 2022 Oikocredit wants to reassure all members, investors and other stakeholders that its mission and vision are still at the top of its priority. We continue to challenge all to invest responsibly. We provide financial services and support organisations to improve the quality of life of low-income people or communities in a sustainable way. full story

Oikocredit has sold its equity shares in the public listing of Fusion Microfinance

19 December 2022 Oikocredit’s investment has supported Fusion’s successful growth into a microfinance provider to more than 2.9 million mainly rural low-income women. full story

Oikocredit supports smallholder cocoa farmers in Côte Ivoire

14 December 2022 Cocoa from the cacao tree (scientific name Theobroma cacao) is the main ingredient in the world’s chocolate. Each year from October onwards, the ‘main crop’ cocoa season happens in Côte d’Ivoire, ... full story

Complaint raised against Oikocredit with the OECD Guidelines National Contact Point in the Netherlands

12 December 2022 Oikocredit International is aware that a complaint against the cooperative is raised with the National Contact Point for implementing the OECD Guidelines in the Netherlands. full story

Oikocredit looks forward to 2023 and its new capital-raising model

AGM-2019-17.jpg09 December 2022 Under the new model, Oikocredit would issue participations instead of shares. Canadian investors would see their existing investments transferred to the new model in two phases. full story

Oikocredit and I&P take equity stakes in agro-processor Agroserv in Burkina Faso

07 December 2022 The social-impact company will develop a new processing plant, diversify products, and support more smallholder farmers and households full story

Oikocredit invests US$7 million in Solarise Africa to support affordable solar access for businesses in Africa

01 December 2022 The investment will support Solarise Africa's solar and energy efficiency solutions for small and medium enterprises and other commercial and industrial businesses full story

Oikocredit invests US$ 1,000,000 in Standard Life Organisation to support low-income entrepreneurs in Nigeria

10 November 2022 Three-year term loan will support Nigerian NGO and microfinance institution’s work with low-income women, men and children full story

Farmerline Group reaches Pre-Series A second close with US$ 1.5 million from Oikocredit in funding round worth US$ 14.4 million

26 September 2022 Ghana-based Farmerline plans to expand its offering for smallholder farmers in Ivory Coast as fertiliser crisis deepens in West Africa. full story

Dave Smit appointed as Director of Impact Investments at Oikocredit

13 September 2022 Social impact investor Oikocredit has appointed Dave Smit as its Director of Impact Investments, effective 10 October 2022. full story

Oikocredit appoints Caroline Mulwa as new Regional Director for Africa

29 August 2022 Experienced impact investment professional Caroline Mulwa promoted to Regional Director Africa full story

Oikocredit invests € 2.7 million in Africa Negoce Industries to support Benin cashew value chain

25 July 2022 The loan to the cashew processing company will sustain up to 500 jobs and support the work of 2500 cashew producers in Benin. full story

Oikocredit and EDFI ElectriFI support off-grid power for low-income Kenyans with Solar Panda

06 July 2022 The new partnership will help sustain in-country growth of clean, safe and affordable domestic electricity. full story

Oikocredit strengthens leadership with new Executive Committee

29 June 2022 The new committee comprises existing Managing Board members and newly appointed directors and will oversee implementation of the cooperative’s 2022-2026 strategy full story

New Aqua for All and Oikocredit partnership to invest in community water and sanitation

13 June 2022 Collaboration will develop innovative and affordable financing solutions for water, sanitation and hygiene in Africa and Asia. full story

Oikocredit invests in Bankingly to support digital financial services in emerging markets

09 May 2022 The social impact investor has acquired a minority stake in the fintech as part of a funding round for USD 10 million full story

Oikocredit reports year of achievement and recovery

21 April 2022 Amersfoort, the Netherlands – Social impact investor and worldwide cooperative Oikocredit today published its annual results for 2021. The cooperative has rebuilt and rebalanced its development ... full story

Gwen van Berne appointed as Oikocredit’s Director of Finance & Risk

19 April 2022 Amersfoort, the Netherlands - Social impact investor Oikocredit has appointed Gwen van Berne as its Director of Finance & Risk from 9 May 2022.Gwen has 23 years’ experience in the financial ... full story

Oikocredit invests € 1.4 million in Weziza Benin to support the growth of distributed energy

12 April 2022 Weziza Benin will develop, construct and operate solar mini-grids to provide electricity to rural communities over the next 10 years full story

Oikocredit invests € 5 million in Ecoligo to support the growth of commercial and industrial solar energy in Africa

25 January 2022 With this investment, Ecoligo will be able to expand and offer its solar-as-a-service solutions to more small and medium enterprises (SMEs) over the next 10 years full story

Oikocredit invests € 2 million in Spark to support growth of solar energy in Africa

07 December 2021 With this investment, Spark will support its last-mile distributors in supplying solar electricity to hundreds of thousands of low-income households over the next two years full story

Nicaraguan coffee smallholders to benefit from IDH Farmfit Fund and Oikocredit co-investment in Aldea Global

30 November 2021 Major syndicated loan will finance first phase of new coffee mill full story

Symbiotics and Oikocredit invest US$ 30.8 million in ETG to support West Africa cocoa and cashew value chains

17 November 2021 The loan will help create an additional 200 jobs and support the work of 70,000 smallholder farmers in Cote d’Ivoire, Ghana and Nigeria full story

Mirjam ‘t Lam appointed as Managing Director of Oikocredit

16 November 2021 Amersfoort, the Netherlands. Social impact investor Oikocredit has appointed Mirjam ‘t Lam as its new Managing Director, effective 1 December 2021. full story

Oikocredit strengthens its financial inclusion portfolio with an investment in Union des Caisses de Credit Mutuel du Sénégal

03 November 2021 The loan will develop CMS’ lending portfolio, focusing on rural and agricultural income-generating activities full story

Opportunity International and Oikocredit announce US $100 million impact investment agreement to advance the education sector in low-income countries

01 November 2021 Program expected to benefit up to an estimated 1.6 million children.
Unique collaboration will increase access to capital for schools and families with students in Africa, India, and Latin America. full story

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

27 October 2021 Cashew nut value chain to receive a boost from Oikocredit’s first agricultural loan in Nigeria full story

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

20 October 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

Oikocredit signs major new loan guarantee agreement with African Guarantee Fund

08 October 2021 The new agreement will support Oikocredit’s portfolio growth in Africa. full story

Sidian Bank signs a deal with Oikocredit to support SMEs in Kenya

22 September 2021 Nairobi, Kenya (22 September 2021) - Sidian Bank, a mid-tier bank focusing on SMEs in Kenya, has signed a KES 990 million deal with the Netherlands based social impact investor, Oikocredit. full story

Oikocredit invests USD 500,000 in Victory Empowerment Centre to support women entrepreneurs in Nigeria

10 September 2021 Amersfoort, the Netherlands – Social impact investor Oikocredit invested USD 500,000 in Victory Empowerment Centre, an NGO focused on improving the living conditions of disadvantaged women through innovative and flexible microfinance services. full story

Oikocredit appoints new Regional Equity Manager for Asia

19 August 2021 Amersfoort, the Netherlands – Social impact investor and worldwide cooperative Oikocredit has appointed Anirudh Sarda as Equity Manager for investments in Asia. In this new role, Anirudh will ... full story

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

03 August 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

22 July 2021 PowerGen, the leading developer in Africa of on-grid and off-grid distributed energy, has secured long term project financing to connect 55,000 people to electricity in rural Nigeria from ... full story

Oikocredit appoints new Regional Equity Managers for Latin America and Africa

08 July 2021 Amersfoort, the Netherlands – Social impact investor and worldwide cooperative Oikocredit has appointed two new Equity Managers, Valeria Gelsi and Sébastien Rigaud, with responsibility ... full story

Oikocredit invests € 2.3 million in Fin’Elle to support women entrepreneurs in Côte d'Ivoire

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

Oikocredit invests USD 2.5 million in Grace and Mercy to expand lending to women in rural communities across Nigeria

10 June 2021 This is Oikocredit’s first loan to Grace and Mercy Households Improvement Initiative.The investment will support low-income communities, especially women entrepreneurs, across Nigeria full story

Oikocredit invests USD 10 million in FCMB Limited to support Nigerian SMEs and agricultural enterprises

03 June 2021 This is Oikocredit’s first investment in the bank, which aims to support low-income communities by increasing its lending to SMEs and agricultural enterprises during the Covid-19 pandemic. full story

Oikocredit invests € 1.5 million in Cavica to support smallholder cashew producers

27 May 2021 This is the cashew cooperative’s first international loan, which will support the work of 4,900 farmers in the northern rural areas of Côte d'Ivoire full story

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

08 April 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

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

01 April 2021 The worldwide cooperative’s investment is the first international private subordinate loan that Banco Caribe has obtained. full story

Oikocredit’s annual results reflect resilience and solidarity

30 March 2021 Amersfoort, the Netherlands – Social impact investor and worldwide cooperative Oikocredit today 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. full story