Blog posts from Oikocredit UK
What does an organic Fairtrade specialty coffee and social impact investing have to do with empowering some of the poorest women in the world?
In rural Minas Gerais, Brazil’s biggest coffee-growing state, women used to support their husbands on small family farms but had little involvement or say in the business or farming decisions. This changed forever in 2006, when Oikocredit investee partner, Coopfam (Cooperativa dos Agricultores Familiares de Poço Fundo e Região) - a smallholder coffee co-operative, started to focus on empowering women to play an equal role in producing the Arabica coffee that had been a part of their lives for decades.
From financial exclusion, to tiny shop, to multiple businesses
Written by: Blanca Méndez, Oikocredit International
The Philippines 2017. Teresa Tomaro, “Dungganon” group member of the Negros Women for Tomorrow Foundation; and Blanca Méndez from Oikocredit International. Photograph: Nicolas Villaume.
Caroline Mulwa, Oikocredit Kenya Country Manager, speaking about East African women at the 2016 Africa Impact Investing Leaders Forum, highlighted that: “88% of Africa’s female population live in rural areas; 70% of agricultural labour is provided by women; 90% of all food is produced by women, but women own less than 2% of the land. Yet women have a significant, measurable, positive impact on small business ventures, local communities and families. And they have been proven to reduce investment risks, which is why Oikocredit lends much of its institutional and individual investors’ capital to social enterprises that support women”.