Oikocredit exceeds € 1 billion in financing to partner organizations
Today Oikocredit announced its annual results at a press conference in Frankfurt, Germany. The cooperative achieved another successful year in financing its partner organizations to improve the quality of life of people in low-income countries.
Oikocredit continued diversifying into its focus areas: inclusive finance, agriculture, renewable energy and Africa. Each of these portfolios saw growth including renewable energy which exceeded 150%.
The results also reveal that investments in Oikocredit’s strategic region, Africa, grew more than 100% in the past three years.
For more results and information, read the full press release.