Blog posts from Oikocredit UK
“In Africa, there is nothing as important as empowering a woman. When you empower a woman, it’s as if you are helping the whole country. The Kenyan Women Microfinance Bank has empowered me with many things: with education, with knowledge and with money.”-Grace Njoroge
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”.