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Oikocredit to Enhance Impact in Southeast Asia with Strategic Operational Shifts

Oikocredit to Enhance Impact in Southeast Asia with Strategic Operational Shifts

KOM-ID-51 (1).jpg24 April | 2024

As part of our commitment to driving sustainable development, Oikocredit is strategically realigning its operations to deepen its impact in Southeast Asia. The focus is on being closer to our partners in Cambodia and Indonesia and exploring expansion into an additional market country within the region.

This operational shift is rooted in Oikocredit’s mission to empower communities and our dedication to being closer to the partners who work directly with people on low incomes. By optimising our presence in Southeast Asia, the aim is to foster deeper collaborations and extend reach to more communities. 

Operational Adjustments: A Strategic Step 

To strengthen operations in Cambodia and Indonesia – where Oikocredit has investments – we will recruit staff in these countries. We are also evaluating another market in the region as a potential area for expansion and also intend to recruit staff in that new country. 

As part of these changes, Oikocredit will be closing its office in the Philippines, where Oikocredit has had no investments for a number of years due to changes in market conditions. This decision, though difficult, has been made after considerable evaluation, and we are committed to providing comprehensive support to our staff members in the Philippines during the transition.  

Targeting a robust presence and deeper impact in Southeast Asia, these adjustments are expected to be completed by the end of 2025. Throughout the gradual transition, we will pay close attention to continuing close collaboration with our partners in the region. 

Future Direction 

Oikocredit remains steadfast in its mission to improve quality of life for people in low-income communities. By focusing efforts on Cambodia, Indonesia, and assessing new opportunities, the groundwork is being laid for a future where our impact in Southeast Asia is broader and more transformative. 

We look forward to supporting partners to reach more communities with low incomes, offering further opportunities to improve quality of life in this region.

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