MICROCAPITAL BRIEF: Dutch Microfinance Investor Oikocredit Announces 2010 Financial and Social Returns

Oikocredit, a Netherlands-based, ecumenical, co-operative financial institution, has announced its financial and social returns.

As of December 31, 2010, Oikocredit has reported a total of 43,000 investors, 863 investees, 592 of which are microfinance institutions (MFIs) [1]. During 2010, Oikocredit reports that total assets grew 19 percent to EUR 640 million (USD 895 million) and its development financing portfolio increased 22 percent to EUR 481 million (USD 673 million) [1]. Oikocredit also reported an increase in support from investors, with net capital inflow of EUR 64 million (USD 89.5 million) [1].

In addition to financial performance, Oikocredit monitors social performance indicators of its partners. As of December 31, 2010, 68 percent of Oikocredit’s microfinance partners reported on these metrics indicating that a total of 20 million borrowers were reached, of which 86 percent are female and 44 percent in rural areas [2]. In order to increase its social performance reporting abilities, Oikocredit has appointed social performance management specialists to its regional offices to work with its project partners [1].

About Oikocredit: Oikocredit is a Netherlands-based, ecumenical, co-operative financial institution that provides credit to economically disadvantaged people. Oikocredit finances cooperatives, microcredit institutions and small and medium-sized enterprises (SMEs) through partners in 80 countries primarily in Asia, Eastern Europe, Latin America and Africa. Established in 1975, Oikocredit obtains its capital through the issuance of shares to its members: churches, support associations and individuals. As of December 31, 2010 Oikocredit has 43,000 investors, 868 project partners and EUR 481 million (USD 673 million) in capital outstanding.

[1] Oikocredit Press Release: “2010 figures: Oikocredit sharpens financial and social return in 2010”, http://www.oikocredit.org/en/publications/press/press-releases/2010-figures-oikocredit-sharpens-financial-and-social-return-in-2010

[2] Oikocredit Publication: “Facts & figures – 4th quarter 2010”http://www.oikocredit.org/en/publications/facts-figures

MicroCapital.org Article, September 22, 2010, “Social Investors Investigate Criteria for Environmental, Social and Governance (ESG) Performance of Microfinance Institutions (MFIs), Triple Jump, Oikocredit Hold Meeting to Mull Harmonization of ESG Evaluation”, https://www.microcapital.org/microcapital-brief-social-investors-investigate-criteria-for-environmental-social-and-governance-esg-performance-of-microfinance-institutions-mfis-triple-jump-oikocredit-hold-meeting-to-mull-h/

MicroCapital.org Article, August 23, 2011, “Oikocredit Invests $5m in Alalay Sa Kaunlaran Inc of the Philippines, Capital Aid Fund for Employment of the Poor (CEP) of Vietnam, The TYM Fund of Vietnam and Thaneakea Phum (Cambodia) Limited”, https://www.microcapital.org/microcapital-brief-oikocredit-invests-5m-in-alalay-sa-kaunlaran-inc-of-the-philippines-capital-aid-fund-for-employment-of-the-poor-cep-of-vietnam-the-tym-fund-of-vietnam-and-thaneakea-phum-camb/

MicroCapital.org Article, June 16, 2010, “Oikocredit Releases First Social Performance Report”, https://www.microcapital.org/microcapital-brief-oikocredit-releases-first-social-performance-report/

MicroCapital.org Article, March 29, 2010, “Oikocredit, an Investor in Microfinance Institutions, Reports Capital Inflow Reached $83.8m and Total Assets Grew by 13% in 2009”, https://www.microcapital.org/microcapital-brief-oikocredit-an-investor-in-microfinance-institutions-reports-capital-inflow-reached-838m-and-total-assets-grew-by-13-in-2009/

MicroCapital’s Microfinance Universe: Oikocredit,https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Oikocredit

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