International cooperative Oikocredit holds development finance meetings in Accra

Thursday 15 June 2017

Oikocredit brought 150 people from 33 countries to Ghana for its annual general meeting and financial inclusion conference

Oikocredit held 2017’s AGM in Ghana, which last hosted Oikocredit’s AGM 25 years ago15 June 2017, Accra, Ghana – Social impact investor Oikocredit held a series of meetings in Accra this week, including the international cooperative’s annual general meeting (AGM) and a conference with speakers from across Ghana’s financial inclusion sector.

Almost 150 Oikocredit representatives and external guests from across Africa, Asia, Europe and the Americas attended the invitation-only event at the Labadi Beach Hotel. At the event, which ran from Saturday 10 to Thursday 15 June, delegates discussed Oikocredit’s strategy and operations as well as opportunities and developments in Ghana.

As part of the meetings, Oikocredit hosted a conference on financial inclusion on Wednesday 14 June with guest speakers from the Ghana Microfinance Institutions Network (GHAMFIN), Fidelity Bank, Opportunity International Savings and Loans (OISL), MTN Ghana and Sinapi Aba Savings and Loans (SASL).

Founded in 1975, Oikocredit held its AGM in Ghana for the first time 25 years ago.

Thos Gieskes, Oikocredit’s managing director, said: “We are very happy to be back in Ghana. It gives Oikocredit’s members and staff from 33 countries the opportunity to see Ghana’s dynamism and possibilities first-hand. We consider Oikocredit’s social and environmental commitments to be an excellent fit with Ghanaian development priorities.”

Maria Koramoa, Oikocredit’s manager for Ghana and deputy regional manager for West Africa, said: “We can be proud of the work Oikocredit has done in Ghana over the years. These meetings are a chance to show our whole cooperative the difference we are making and how our focus on financial inclusion, agriculture and renewable energy makes Oikocredit well-placed to support development in Ghana.”

Yaw Gyamfi, GHAMFIN’s executive director and speaker at the conference, said: “Oikocredit is an important partner for microfinance in Ghana. Over the years the cooperative has proved itself to be a reliable and trusted supporter of financial inclusion in our country. GHAMFIN is pleased to have contributed to these meetings and highlighted the Ghanaian perspective.”

About Oikocredit

Oikocredit finances 15 partner organizations in Ghana and a total of 70 in West Africa. Worldwide Oikocredit finances more than 800 partners in almost 70 countries and its outstanding capital totals € 1.05 billion. Oikocredit has over 40 years’ experience in development finance, funding partner organizations active in inclusive finance (including microfinance), agriculture and renewable energy. Through its loans and investments Oikocredit aims to support partner organizations in helping low-income people to sustainably improve their living standards. www.oikocredit.coop

Note for editors

For more information or to request an interview, please contact: Jemimah Kwakye-Fosu, Ghana office, Oikocredit International. Telephone: +233 26 885 9526 Email: jkfosu@oikocredit.org.

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