How does Oikocredit differ from other microfinance funders?

 

We are different in various ways. First, we've been operating since 1975. As one of the pioneers in this field, we've gained a long-standing experience in this kind of financing. We don't just finance well-established and highly successful microfinance institutions (MFIs), but also riskier ones. These include NGO-based MFIs and credit and savings cooperatives, in both urban and (riskier) rural areas.

Also, Oikocredit works with a unique network of regional and country offices, staffed with local personnel who screen loan applications and remain in close contact with clients.

Unlike others, we provide loans in local currency. This is valuable for our project partners, who earn their income in local currency. A hard-currency obligation can be disadvantageous - or even disastrous - in the event of devaluation.

Finally, Oikocredit has a unique network of institutional and individual investors all over the world. These investors don't aim for the highest possible financial return, but focus equally on social return.

Learn more about our activities in microfinance.

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