Zambia-based Good Nature Agro recently raised USD 8.5 million in Series B equity from US-based Global Partnerships and two organizations with offices in the Netherlands, Oikocredit International and Goodwell Ventures. Good Nature Agro supports small-scale farmers with: (1) seed selection; (2) financing; (3) access to technology;
Search Results for: "OIKOCREDIT"
MICROCAPITAL BRIEF: RDG Collective Borrows $2m from Oikocredit for Pay-as-you-go Solar Appliances for 12k Low-income Households in Zambia
Dutch impact investor Oikocredit recently channeled USD 2 million to RDG Collective, a provider of renewable energy products to households in Zambia. Through this collaboration, RDG plans to supply 12,000 households with “access to clean energy
MICROCAPITAL BRIEF: Peruvian Fintech Lender Prestamype Concludes $5m Equity Funding Round Led by Acumen Subsidiary ALIVE Ventures, Oikocredit
The Peruvian lender Prestamype recently raised USD 5 million in equity in a pre-Series A funding round. The investment package was led by
MICROCAPITAL BRIEF: Baobab+ Borrows $1.3m from Oikocredit to Boost Household Access to Technology, Solar Energy in Rural Côte d’Ivoire
The Ivorian unit of the France-based renewable energy company Baobab+ recently borrowed EUR 1.2 million (USD 1.3 million) from Dutch cooperative investor Oikocredit. Baobab+ is active in six African countries, primarily selling
MICROCAPITAL BRIEF: IDB Invest, Oikocredit Subscribing to $20m Bond from CJA to Finance MSMEs in Ecuador, Targeting Underrepresented Groups
Ecuador-based Cooperativa de Ahorro y Crédito Jardín Azuayo (CJA), with support from IDB Invest, a member of the Inter-American Development Bank (IDB) Group, is issuing bonds to raise a total of USD 20 million. The Netherlands-based cooperative Oikocredit and IDB Invest each have committed to purchase
MICROCAPITAL BRIEF: Oikocredit Lends $3.3m to Witti Finances to Support SMEs in Côte d’Ivoire
The Netherlands-based cooperative Oikocredit recently agreed to lend EUR 3 million (USD 3.3 million) to Witti Finances, which is active in Burkina Faso and Côte d’Ivoire,
MICROCAPITAL BRIEF: Oikocredit Lending $4.9m to Support MSMEs Led by Women in Paraguay Via Ueno App
Oikocredit, a cooperative investor based in the Netherlands, has agreed to loan EUR 4.5 million (USD 4.9 million) for five years to Paraguay-based Financiera Ueno, aiming to promote microenterprises as well
MICROCAPITAL BRIEF: Oikocredit Loans MyCredit $2.6m for SME Financing in Kenya
Oikocredit, a Netherlands-based cooperative, recently lent MyCredit, a Kenya-based non-bank financial services company, USD 2.6 million for lending to small and medium-sized enterprises (SMEs). MyCredit CEO George Mbira commented, “The secured funding will support MyCredit’s strategic
MICROCAPITAL BRIEF: Oikocredit Loans Yellow of Uganda $5m for Off-grid Solar Energy in Africa
Oikocredit, a Netherlands-based cooperative, recently lent USD 5 million to Yellow, a Uganda-based supplier of pay-as-you-go solar electricity products and systems, to expand its operations in sub-Saharan Africa. Pay-as-you-go services are those
MICROCAPITAL BRIEF: Standard Life Organization Borrows $3m from Oikocredit to Invest in MSMEs, Education in Nigeria
Standard Life Organization, an NGO in Nigeria, recently agreed to borrow USD 3 million for three years from Oikocredit, a Dutch cooperative. Standard Life provides health services and skills training as well as lending to micro-, small and medium-sized enterprises, including many
MICROCAPITAL BRIEF: Oikocredit Lending $2.7m to Africa Negoce Industries, Buyer of Cashews from Smallholder Farmers in Benin
The Dutch cooperative lender Oikocredit recently granted a line of credit with a cap of EUR 2.7 million (USD 2.7 million) to Africa Negoce Industries (ANI) a trader and processor of almonds, cashews and coal in Benin. ANI plans to use the credit to
MICROCAPITAL BRIEF: ElectriFI, Oikocredit Invest $8m in Equity in Solar Panda to Expand Electricity Access for Off-Grid Communities in Kenya
The government-funded Electrification Financing Initiative (ElectriFI) and Dutch cooperative investor Oikocredit recently announced equity investments in Solar Panda, a Canada-based provider of solar technology to households in Kenya. The goal of
MICROCAPITAL BRIEF: Oikocredit, Aqua for All to Invest $17m in Water, Sanitation in Africa, Cambodia
Two Dutch entities, the cooperative investor Oikocredit and the nonprofit Aqua for All, recently launched a two-year partnership to facilitate access to drinking water, sanitation and hygiene (WASH) in Cambodia as well as unspecified countries in East and West Africa. Oikocredit has agreed to invest up to EUR 15 million (USD 15.6 million) in
MICROCAPITAL BRIEF: Oikocredit Loans Ecoligo $5.7m to Fund Solar Energy for 15 SMEs, NGOs in Ghana, Kenya
Oikocredit, a Dutch cooperative investor, recently loaned EUR 5 million (USD 5.68 million) to Ecoligo, a German firm that provides solar-as-a-service solutions, to expand its operations in Ghana and Kenya. The loan is to finance solar energy equipment that will provide power to 15 clients, which will pay Ecoligo for the power on a monthly basis. Siebren Wilschut, an investment officer at Oikocredit, said,
MICROCAPITAL BRIEF: Annapurna Raises $35m from Accion, Encourage Capital, Oikocredit to Support Green Microfinance, Digitalisation
Annapurna Finance, a microfinance institution (MFI) based in the Indian state of Odisha, recently raised INR 193 billion (USD 35 million) from US-based NGO Accion, US-based impact investor Encourage Capital and Dutch cooperative investor Oikocredit. The funding is to be used to boost the digitalisation of Annapurna’s operations and for developing
MICROCAPITAL BRIEF: Oikocredit Lends $5.6m to Union des Caisses de Credit Mutuel du Sénégal (CMS) to Promote Rural Financial Inclusion
Union des Caisses de Credit Mutuel du Sénégal (CMS), a microfinance institution (MFI) in Senegal, recently borrowed EUR 5 million (USD 5.6 million) from Oikocredit, a cooperative based in the Netherlands. With this funding, CMS aims to
MICROCAPITAL BRIEF: Oikocredit Promotes Mirjam ‘t Lam to Managing Director
The Supervisory Board of Oikocredit recently announced that Mirjam ‘t Lam has accepted the role of Managing Director at the Dutch cooperative. Ms ‘t Lam has acted in the role on an interim basis since August 2021, after having been named
MICROCAPITAL BRIEF: Oikocredit, Opportunity International Commit $100m to Education Finance in Low-income Countries
Opportunity International, a US-based nonprofit providing microfinance and other services in 30 countries, and Oikocredit, a Netherlands-based impact investor, recently announced a three-year partnership valued at USD 100 million. Through increased funding of financial institutions partnered with Opportunity International’s EduFinance program, Opportunity International and Oikocredit aim to