In 2014 Oikocredit launches an agriculture unit headed from Lima, Peru. The cooperative also diversifies into renewable energy, recruiting a renewable energy financing expert, to source deals across low-income countries.
2014 is also the year that German support association, West-Deutschland, reaches € 100 million of investment capital.
Oikocredit gains a new Managing Director when David Woods takes the reins as the year begins.
Mr Woods joins Oikocredit after working in senior positions at Dutch financial institution, ABN Amro.
2012 International Year of Cooperatives
2012 is declared the United Nation's International Year of Cooperatives, while Ben Simmes is appointed Oikocredit’s Managing Director.
The year also sees Oikocredit join forces with Dutch development bank FMO to launch a €10 million fund to create business opportunities in low income countries.
Oikocredit becomes a founding signatory of the Principles for Investors in Inclusive Finance (PIIF).
The principles are a guide for development finance investors to ensure low-income clients remain the priority across the sector.
In July, Rosalind Copisarow joins the organization as managing director.
Oikocredit presents its first official Social Performance Report.
At the same time, the sector begins to face serious challenges, particularly in the Indian state of Andhra Pradesh.
Initiatives including the Progress out of Poverty Index are implemented among several partners and give a clear picture of changes in poverty levels.
The year also delivers a fresh look for Oikocredit as it launches its new logo worldwide.