Microfinance
(2011 figures available in Spring 2012)
Around 80% of the development financing portfolio, € 388 million, is invested in microfinance – through cooperatives, non-bank financial institutions or banks offering diverse financial products, SME financing,wholesale funds and housing loans.
- Focus on the less established microfinance institutions, 83 of 91 new loans were issued to so-called segment 2 and 3 organizations in 2010
- 598 microfinance partners reach 29.3 million clients (over 1.2 million directly with Oikocredit funding)
- 86% of those reached are women
- 14% of the clients reached are active in agriculture, 19% in production, 34% in commerce, 23% in services and 10% in other activities
- 50% of clients reached live in rural areas
- 42% of partners have a gender policy or address gender issues actively
- 57% of loans are in local currency
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