Blog posts from Oikocredit UK
Co-operative, Sekem, uses impact investing to support rural farming communities and provide education for smallholders, with a focus on gender parity
Carpentry lessons open to local women at Oikocredit partner, SEKEM, Egypt. Photograph: Oikocredit
One in four of the world’s poorest people live in rural areas, often relying on a few staple crops to meet their daily needs and generate a small income. They are also more likely to be affected by climate change since many scientists believe it to be responsible for the unpredictable, extreme droughts and rains that destroy harvests and lives. Since these rural communities have limited access to finance and technical support to build their smallholdings and create greater resilience, they rarely attain the economic empowerment they need to break free from the poverty cycle.
From desert land, to shop, to a jolly good cup of organic, herbal tea
Chamomile lawn, Egypt. Photography, SEKEM
Over the decades, much of the previously lush, fertile land surrounding the River Nile has been destroyed by urban expansion or overtaken by desert tundra. The small canals which feed into the Nile overflow with rubbish and sewage, damaging the local ecosystem and irrigation of small parcels of land used by smallholder farmers. For local communities who have lived off the land for centuries, this renders the environment unhealthy and the soil useless for generating subsistence crops or a modest income.