Oikocredit newsletter: 🌄 Together For Our Vision

Advancing Our Mission with Unity and Innovation

As the world continues to navigate challenges and transitions, Oikocredit remains steadfast in its mission to foster positive social and financial impact. The strength and resilience of the communities we support inspire us to innovate and collaborate in new ways.

This newsletter highlights our recent milestones, including the 48th Annual General Meeting where we celebrated our collective progress. We’ve partnered with Water.org to improve access to water, sanitation, and hygiene, provided a EUR 9.3 million loan to AfricInvest to support African SMEs, and joined forces with NetZero to scale biochar operations in Brazil.

These stories exemplify our commitment to building a fairer and more sustainable future through cooperative efforts and responsible investing.

Oikocredit holds 48th annual general meeting

On 7 June 2024, Oikocredit held its Annual General Meeting (AGM) in Costa Rica, with members and others joining and participating through web-based conferencing.

Read the report >

Oikocredit collaborates with Water.org on water and sanitation

The strategic partnership will address challenges in community access to water, sanitation and hygiene, initially in Latin America.

Check out the article >

Oikocredit partners with biochar producer NetZero

The USD 2.5 million investment is Oikocredit’s first in carbon sequestration in the agricultural value chain.

Read the press release >

Team members from Oikocredit and AfricInvest

New partnership will target SMEs in Africa

Oikocredit has made a first-time loan of EUR 9.3 million to AfricInvest Private Credit to augment support for small and medium enterprises (SMEs) throughout Africa.

Access the details >

Facts & Figures for Q1 2024

Oikocredit publishes key facts and figures on a quarterly basis. Here are the key figures and additional background context on developments during the first quarter of 2024.

Check out our Q1 2024 data >

Pictured at the top: Rosa Maria Alutriste Hernández (right) sells herbs, chillies and dried produce at a market in Mexico.

“We earn enough to eat and live comfortably,” Rosa says. “I am my employee, and I am my employer. That's what I would like for my children too.”

Rosa took her first loan from microfinance organisation and Oikocredit partner FinLabor six years ago. "When I receive a loan, I can pay the suppliers faster and order new products,” says Rosa.

Rosa feels supported by FinLabor as they provide loan payment assistance without being intrusive.

Pictured with Rosa is loan officer for FinLabor Eunice Ismerai Piña Alfonso.

An Oikocredit partner since 2011, FinLabor stands out from its peers due to its small loans, which have an average value of a few hundred US dollars.