Oikocredit Canada

Oikocredit Canada, a Canadian non-profit organisation, announced the wind down of its operations in Canada. This decision by its board of directors marks the end of 30 years of successful operations in Canada, effective Dec 31,2023. Oikocredit Canada has played an active role in the impact investing space as a Support Association of Oikocredit International, a pioneering social impact investor and worldwide cooperative.

Read more: https://www.oikocredit.ca/k/n3048/news/view/369916/26886/oikocredit-canada-to-wind-down-operations.html

Oikocredit Canada to Wind Down Operations

Oikocredit Canada, a Canadian non-profit organisation, announced today the wind down of its operations in Canada. This decision by its board of directors marks the end of 30 years of successful operations in Canada, effective Dec 31,2023. Oikocredit Canada has played an active role in the impact investing space as a Support Association of Oikocredit International, a pioneering social impact investor and worldwide cooperative.

“We’re proud of Oikocredit’s Canada’s legacy,” noted Julie Scott, chair of the Oikocredit Canada Board of Directors . “We built a world-class team and board, launched an innovative educational webinar series together with Oikocredit US, and published rigorous market research. Demand for impact investing is growing exponentially, with extraordinary potential to channel capital from Canada to make a difference in low-income countries,” added Julie Scott.

Read more https://www.oikocredit.ca/k/n3048/news/view/369916/26886/oikocredit-canada-to-wind-down-operations.html

🌞Our new € 5 million investee partner ecoligo is accelerating the revolution worldwide.
👉Read about ecoligo’s ambitions, its 194 commercial and industrial “solar-as-a-service” operations on three continents, and ’s first-ever floating installation serving the country’s flower industry:

Kenya: ideal conditions for solar installations In early 2022, Oikocredit invested € 5 million in renewable energy company ecoligo, which operates in emerging markets worldwide from its headquarters in Berlin. Oikocredit recently spoke with Claudia Rothe, ecoligo’s Head of Fundraising, about the solar specialists’ work, especially in Kenya....

🤲 Entrepreneur Sanah runs a successful family business producing kerupuk, a popular Indonesian snack.
Thanks to loans from Oikocredit partner Mitra Bisnis Keluarga (MKB), she has been able to grow the business and improve life for her family. She also supports the local community with employment opportunities.
In Indonesia, women-run businesses are common. MKB has been providing working capital for low-income women since 2003. The microfinance institute follows the Grameen group lending methodology and provides microloans to women entrepreneurs engaging in income-generating activities.
Oikocredit first partnered with MKB in 2008.
👉 Watch this inspiring video to see how Sanah used finance from MKB to scale-up her snack business from selling door-to-door with her husband to running a company employing 30 people.

Meet Mitra Bisnis Keluarga (MBK), Oikocredit's partner

How do you stay informed? Our Impact News Roundup is the best place to catch up on news in the impact investing industry. Subscribe to our newsletter to be the first to hear the latest updates.

Read here: https://tinyurl.com/4ymv6nx4 👈

Impact News Roundup Welcome the new monthly North America Impact News Roundup, where Oikocredit Canada and Oikocredit US track the progress and challenges in building the impact investing industry. We are dedicated to keeping our stakeholders informed and that starts here.

❔Did you know that 74% of our partners have gender equality as an objective? In line with our commitment to the United Nations’ Sustainable Development Goal 5, we’re focusing on embracing equity in finance around the world. That’s why, 81% of all clients reached by our financial inclusion partners are women.

♀️ At Oikocredit, we know that when you support a woman, you support her community.

Read about our work in our recent Impact Report.
https://www.oikocredit.coop/en/impact-report

Happy International Women's Day!

Oikocredit and provide € 10 million Tier II capital to Bridge Bank Group Côte d’Ivoire. This subordinated facility will increase lending capacity to small and medium enterprises in Côte d’Ivoire and Senegal. See press release for more.

Oikocredit and Triodos IM provide € 10 million Tier II capital to Bridge Bank Group Côte d’Ivoire The Ivorian bank, an affiliate of Bridge Group West Africa, finances local small and medium enterprises and supports job creation in the region

With our new US$ 5 million loan, Yellow aims to provide tens of thousands of low-income households in Malawi, Rwanda, Uganda and Zambia with access to clean and a path to ownership of off-grid solar products.

Oikocredit invests US$ 5 million in Yellow to support solar energy in Africa Yellow will use Oikocredit loan to provide electricity and mobile connections to more households in Africa

Great news from our equity partner Avanti Finance! Avanti has won ’s coveted Fintech Innovation for Financial Inclusion Award for its digital lending to underserved low-income people and especially to women.

Oikocredit Equity partner Avanti wins prestigious Indian award Oikocredit’s equity partner Avanti Finance has received the coveted Fintech Innovation for Financial Inclusion Award as part of the Inclusive Finance India Awards.

Dave Smit, our Director of Impact Investments, on his first 100 days with Oikocredit: “Excellent examples of the impact we realise through our partnerships really motivate me – and I want us to achieve more!”

Creating more positive change! Interview with Dave Smit In October 2022 Dave Smit joined Oikocredit as Director of Impact Investments. Here he reflects on his first 100 days and the fact that low-income people in developing countries are hit hard by global headwinds.

Our Differences are Treasures, and They’re Also Tools. This month we bring to from the Know your Director blog series: Will Postma, Primate's World Relief and Development Fund

Read more about his inspirations, work and why Oikocredit?

Our Differences are Treasures and They’re Also Tools Will Postma is the Executive Director at the Primate’s World Relief and Development Fund (PWRDF), the humanitarian and development arm of the Anglican Church of Canada. His current work with PWRDF is to ensure oversight of operations and programs in maternal and newborn child health, sexual health...

🆕“In 2022 we successfully brought to fruition our new capital-raising model and 2022-2026 strategy,” says Mirjam ‘t Lam, Oikocredit Managing Director. “In 2023 we move from design to implementation.” Read more about our cooperative’s plans for the New Year at: http://ow.ly/oKag50Mhm5R

Stay up to date on latest news from Oikocredit with our December newsletter.

Read now: https://tinyurl.com/3n87r88a

Oikocredit newsletter: Oikocredit Canada December Newsletter Despite continuing market uncertainty, Oikocredit delivered an improving performance in Q3 2022. Our development financing portfolio of credit and equity grew, improved in quality and generated a net income increase. The realisation of final losses incurred by our term investments (bonds) portfolio....

"Know Your Director" is an ongoing blog series. This month we get to know Oikocredit Canada director, Lindsay Wallace.

Lindsay Wallace is a senior economist and impact measurement specialist with over 20 years of experience in economic development and financial inclusion.

Read more on our blog: https://tinyurl.com/22wb8arx 👈

www.oikocredit.ca

🆕 Our new joint € 12.2 investment with I&P, BIO and AgriFI in Agroserv will help the Burkina Faso social-impact agro-processor double capacity, diversify, and serve thousands more smallholder farmers and households. Read more at: https://www.oikocredit.coop/k/en/n171/news/view/355802/462/oikocredit-and-i-p-take-equity-stakes-in-agro-processor-agroserv-in-burkina-faso.html

How do you stay informed? Our Impact News Roundup is the best place to catch up on news in the impact investing industry. Subscribe to our newsletter to be the first to hear the latest updates.

Read here: https://tinyurl.com/mrxv7ytj 👈

Oikocredit International's Indian subsidiary Maanaveeya works with over 45 partners throughout India. Check out this interview with board member and microfinance expert Brij Mohan about how impacts disadvantaged people.

👉Read here: http://ow.ly/6qvs50LV6sL

Microfinance addresses the gap: interview with Brij Mohan Brij Mohan is the former Executive Director of Small Industries Development Bank of India (SIDBI) and the founding Chair of ACCESS Development Services.

📢 “I really wanted to create more value and impact. So this work is the perfect mix of purpose, passion and my expertise. I think it’s crucial that we all take responsibility for trying to make the world a better place and Oikocredit is in a good position to do that.” 👉 Read the new interview with our Director of Finance & Risk, Gwen van Berne: http://ow.ly/xRb650LPO0i

📢 Our new quarterly report shows Oikocredit’s strengthening performance, with our development financing (lending and equity) achieving net income growth. We’re moving ahead with the new community-focused investing strategy and new capital-raising model. 👉 See our report on Q3 at http://ow.ly/XM4x50LM4BB

How do you stay informed? Our Impact News Roundup is the best place to catch up on news in the impact investing industry. Subscribe to our newsletter to be the first to hear the latest updates.

Read here: https://tinyurl.com/56v7x772

Impact News Roundup - Oikocredit Canada Welcome the new monthly North America Impact News Roundup, where Oikocredit Canada and Oikocredit US track the progress and challenges in building the impact in

Stay up to date on latest news from Oikocredit with our October newsletter.

Read now: https://tinyurl.com/yz9t6mjw

Oikocredit newsletter: Oikocredit Canada November Newsletter Oikocredit has signed a two-year partnership with Aqua for All to mobilise investments in water and sanitation – an area that Oikocredit is exploring as part of its 2022-2024 strategy. We recently sat down with Aqua for All’s Managing Director, Josien Sluijs, to talk about the partnership with t...

Here in Canada, we are celebrating Co-op Week. We are proud to support Oikocredit International's mission and vison to cooperate towards a more inclusive and sustainable future. Happy Co-op week!

Stay up to date on latest news from Oikocredit with our October newsletter.

Read now: https://tinyurl.com/mryu7h6a 👈

Oikocredit newsletter: Oikocredit Canada October Newsletter Amid global economic challenges, environmental crisis and an unequitable response to the Covid-19 pandemic, it has been a challenging year for many of our partners and the communities they serve.

"Know Your Director" is an ongoing blog series. This month we get to know Oikocredit Canada director, Carla Pellegrini.

"The most rewarding part about being an Oikocredit Canada director is working with other passionate professionals who have a wide range of experience that relates back to the OCSA mission and values."

Read more on our blog: https://tinyurl.com/4cssxj3s 👈

The Most Rewarding Part About Being a Director is Working with Other Passionate Professionals Oikocredit Canada Support Association (OCSA) is led by a volunteer board of directors that has responsibility for carrying out Oikocredit's grassroots education and outreach initiatives. The directors come from diverse fields and bring immense experience to the board. Though we know them professiona...

How do you stay informed? Our Impact News Roundup is the best place to catch up on news in the impact investing industry. Subscribe to our newsletter to be the first to hear the latest updates.

Read here: https://tinyurl.com/2wzhrbmz

Impact News Roundup - Oikocredit Canada Welcome the new monthly North America Impact News Roundup, where Oikocredit Canada and Oikocredit US track the progress and challenges in building the impact in