Press releases

Oikocredit invests US$ 1,000,000 in Standard Life Organisation to support low-income entrepreneurs in Nigeria

10 November 2022 Three-year term loan will support Nigerian NGO and microfinance institution’s work with low-income women, men and children full story

Farmerline Group reaches Pre-Series A second close with US$ 1.5 million from Oikocredit in funding round worth US$ 14.4 million

26 September 2022 Ghana-based Farmerline plans to expand its offering for smallholder farmers in Ivory Coast as fertiliser crisis deepens in West Africa. full story

Dave Smit appointed as Director of Impact Investments at Oikocredit

13 September 2022 Social impact investor Oikocredit has appointed Dave Smit as its Director of Impact Investments, effective 10 October 2022. full story

Oikocredit appoints Caroline Mulwa as new Regional Director for Africa

29 August 2022 Experienced impact investment professional Caroline Mulwa promoted to Regional Director Africa full story

Oikocredit invests € 2.7 million in Africa Negoce Industries to support Benin cashew value chain

25 July 2022 The loan to the cashew processing company will sustain up to 500 jobs and support the work of 2500 cashew producers in Benin. full story

Oikocredit and EDFI ElectriFI support off-grid power for low-income Kenyans with Solar Panda

06 July 2022 The new partnership will help sustain in-country growth of clean, safe and affordable domestic electricity. full story

Oikocredit strengthens leadership with new Executive Committee

29 June 2022 The new committee comprises existing Managing Board members and newly appointed directors and will oversee implementation of the cooperative’s 2022-2026 strategy full story

New Aqua for All and Oikocredit partnership to invest in community water and sanitation

13 June 2022 Collaboration will develop innovative and affordable financing solutions for water, sanitation and hygiene in Africa and Asia. full story

Oikocredit invests in Bankingly to support digital financial services in emerging markets

09 May 2022 The social impact investor has acquired a minority stake in the fintech as part of a funding round for USD 10 million full story

Oikocredit reports year of achievement and recovery

21 April 2022 Amersfoort, the Netherlands – Social impact investor and worldwide cooperative Oikocredit today published its annual results for 2021. The cooperative has rebuilt and rebalanced its development ... full story

Gwen van Berne appointed as Oikocredit’s Director of Finance & Risk

19 April 2022 Amersfoort, the Netherlands - Social impact investor Oikocredit has appointed Gwen van Berne as its Director of Finance & Risk from 9 May 2022.Gwen has 23 years’ experience in the financial ... full story

Oikocredit invests € 1.4 million in Weziza Benin to support the growth of distributed energy

12 April 2022 Weziza Benin will develop, construct and operate solar mini-grids to provide electricity to rural communities over the next 10 years full story

Oikocredit invests € 5 million in Ecoligo to support the growth of commercial and industrial solar energy in Africa

25 January 2022 With this investment, Ecoligo will be able to expand and offer its solar-as-a-service solutions to more small and medium enterprises (SMEs) over the next 10 years full story

Oikocredit invests € 2 million in Spark to support growth of solar energy in Africa

07 December 2021 With this investment, Spark will support its last-mile distributors in supplying solar electricity to hundreds of thousands of low-income households over the next two years full story

Nicaraguan coffee smallholders to benefit from IDH Farmfit Fund and Oikocredit co-investment in Aldea Global

30 November 2021 Major syndicated loan will finance first phase of new coffee mill full story

Symbiotics and Oikocredit invest US$ 30.8 million in ETG to support West Africa cocoa and cashew value chains

17 November 2021 The loan will help create an additional 200 jobs and support the work of 70,000 smallholder farmers in Cote d’Ivoire, Ghana and Nigeria full story

Mirjam ‘t Lam appointed as Managing Director of Oikocredit

16 November 2021 Amersfoort, the Netherlands. Social impact investor Oikocredit has appointed Mirjam ‘t Lam as its new Managing Director, effective 1 December 2021. full story

Oikocredit strengthens its financial inclusion portfolio with an investment in Union des Caisses de Credit Mutuel du Sénégal

03 November 2021 The loan will develop CMS’ lending portfolio, focusing on rural and agricultural income-generating activities full story

Opportunity International and Oikocredit announce US $100 million impact investment agreement to advance the education sector in low-income countries

01 November 2021 Program expected to benefit up to an estimated 1.6 million children.
Unique collaboration will increase access to capital for schools and families with students in Africa, India, and Latin America. full story

Oikocredit investment in Valency Agro Nigeria will create jobs and improve farmers’ livelihoods

27 October 2021 Cashew nut value chain to receive a boost from Oikocredit’s first agricultural loan in Nigeria full story

New Oikocredit investment in Fundación Génesis Empresarial, Guatemala's leading microfinance institution

20 October 2021 Stable and successful Central American microfinance institution helps low-income rural clients and their families improve lives with microfinance services and training. full story

Oikocredit signs major new loan guarantee agreement with African Guarantee Fund

08 October 2021 The new agreement will support Oikocredit’s portfolio growth in Africa. full story

Sidian Bank signs a deal with Oikocredit to support SMEs in Kenya

22 September 2021 Nairobi, Kenya (22 September 2021) - Sidian Bank, a mid-tier bank focusing on SMEs in Kenya, has signed a KES 990 million deal with the Netherlands based social impact investor, Oikocredit. full story

Oikocredit invests USD 500,000 in Victory Empowerment Centre to support women entrepreneurs in Nigeria

10 September 2021 Amersfoort, the Netherlands – Social impact investor Oikocredit invested USD 500,000 in Victory Empowerment Centre, an NGO focused on improving the living conditions of disadvantaged women through innovative and flexible microfinance services. full story

Oikocredit appoints new Regional Equity Manager for Asia

19 August 2021 Amersfoort, the Netherlands – Social impact investor and worldwide cooperative Oikocredit has appointed Anirudh Sarda as Equity Manager for investments in Asia. In this new role, Anirudh will ... full story

Oikocredit invests € 1.6 million in Comafruits to support Mali mango value chain

03 August 2021 The loan to the mango processing company will sustain up to 500 jobs and support the work of 3,000 mango farmers in Southern Mali full story

PowerGen partners with Oikocredit and others to connect 55,000 people to electricity in rural Nigeria

22 July 2021 PowerGen, the leading developer in Africa of on-grid and off-grid distributed energy, has secured long term project financing to connect 55,000 people to electricity in rural Nigeria from ... full story

Oikocredit appoints new Regional Equity Managers for Latin America and Africa

08 July 2021 Amersfoort, the Netherlands – Social impact investor and worldwide cooperative Oikocredit has appointed two new Equity Managers, Valeria Gelsi and Sébastien Rigaud, with responsibility ... full story

Oikocredit invests € 2.3 million in Fin’Elle to support women entrepreneurs in Côte d'Ivoire

24 June 2021 Oikocredit’s loan to Fin’Elle will help provide microfinance and mesofinance loans to 10,000 households in Côte d'Ivoire full story

Oikocredit invests USD 2.5 million in Grace and Mercy to expand lending to women in rural communities across Nigeria

10 June 2021 This is Oikocredit’s first loan to Grace and Mercy Households Improvement Initiative.The investment will support low-income communities, especially women entrepreneurs, across Nigeria full story

Oikocredit invests USD 10 million in FCMB Limited to support Nigerian SMEs and agricultural enterprises

03 June 2021 This is Oikocredit’s first investment in the bank, which aims to support low-income communities by increasing its lending to SMEs and agricultural enterprises during the Covid-19 pandemic. full story

Oikocredit invests € 1.5 million in Cavica to support smallholder cashew producers

27 May 2021 This is the cashew cooperative’s first international loan, which will support the work of 4,900 farmers in the northern rural areas of Côte d'Ivoire full story

Fintech Avanti Finance raises US$ 26 million in Series A funding round led by Oikocredit and others

08 April 2021 Social impact investor Oikocredit’s investment in Avanti Finance will help accelerate credit and other financial products to 100 million unserved and underserved households in India. full story

Oikocredit invests in Banco Caribe to promote sustainable development of SMEs in Dominican Republic

01 April 2021 The worldwide cooperative’s investment is the first international private subordinate loan that Banco Caribe has obtained. full story

Oikocredit’s annual results reflect resilience and solidarity

30 March 2021 Amersfoort, the Netherlands – Social impact investor and worldwide cooperative Oikocredit today published its annual results for 2020. While the effects of the coronavirus (Covid-19) pandemic had implications for the cooperative’s income, assets and portfolio, business continuity is secure thanks to the loyalty of its investors. full story

Oikocredit invests € 7 million to support smallholder cocoa producers in Côte d’Ivoire

17 December 2020 Amersfoort, the Netherlands – Social impact investor Oikocredit has provided loans to two cocoa cooperatives and one exporter in Côte d’Ivoire. The three credit lines will help export the 2020-21 cocoa production for up to 35,000 smallholder farmers. full story

Oikocredit exits its investment in Fairtrade chocolate company Divine Chocolate

17 June 2020 Social impact investor Oikocredit has supported Divine since 2006 as it expanded its footprint from the United Kingdom to the USA full story

Oikocredit revises dividend proposal

06 May 2020 Social impact investor and worldwide cooperative Oikocredit has revised its dividend proposal for 2019 from 1% to 0%. full story

Oikocredit reports positive results and partner satisfaction

19 March 2020 Amersfoort, the Netherlands – Social impact investor and worldwide cooperative Oikocredit today published its annual results for 2019. The cooperative has made good headway in streamlining its business model, maintained investor confidence and received positive feedback from the organisations it finances. full story

Oikocredit invests € 1 million in African Clean Energy (ACE) to support clean cooking and rural electricity access in sub-Saharan Africa

12 March 2020 Amersfoort, the Netherlands – Social impact investor Oikocredit has made a € 1 million convertible loan to African Clean Energy, a Certified B Corporation and social enterprise, to support the expansion of business operations in Uganda. full story

Oikocredit exits its investment in Zambian fish farm Yalelo

10 December 2019 Social impact investor Oikocredit has supported Yalelo since 2014 as it became Africa’s largest sustainable aquaculture company. full story