Oikocredit and Lucha Campesina join forces to support smallholder farmers in Ecuador
Oikocredit is partnering with Lucha Campesina to deliver USD 2 million in funding aimed at bolstering agricultural microfinance for Ecuador’s rural communities.
Oikocredit has established a new three-year partnership with the savings and credit cooperative Lucha Campesina to enhance financial access for smallholder farmers and livestock producers in Ecuador. The USD 2 million local currency loan will help the cooperative expand its agricultural microfinance programme, aiming to promote sustainable rural development in four provinces: Cañar, Chimborazo, Guayas, and Los Ríos.
Based in Cumandá, Chimborazo province, Lucha Campesina operates across 32 locations, including nine branches, offering vital financial services to underserved rural communities. This funding aligns with Oikocredit's mission to create lasting social impact by supporting small-scale agricultural producers and fostering rural economic growth.
Juan Carlos Zambrano, General Manager of Lucha Campesina, praised the partnership as a recognition of the cooperative's commitment to financial inclusion, stating: “This collaboration inspires us to keep advancing sustainable projects that uplift communities and build a more equitable future.”
Carla Urresta, Oikocredit’s Investment Officer for the Andean region, expressed enthusiasm, adding, “We are thrilled to support Lucha Campesina in improving smallholder farmers’ productivity and advancing rural job creation.”
Read the full press release here.
Archive > 2024 > December
- 19 December 2024 - Change to Oikocredit’s Members’ Council
- 18 December 2024 - Oikocredit and Lucha Campesina join forces to support smallholder farmers in Ecuador
- 16 December 2024 - Oikocredit sells its equity shares in Banco de Desarrollo Rural (Banrural), Guatemala
- 12 December 2024 - Oikocredit’s new loan to Banco Ademi will help meet low-income clients’ needs in the Dominican Republic
- 03 December 2024 - TIME names Oikocredit agritech partner Farmerline’s Darli AI as one of Best Inventions of 2024