Oikocredit's 2016 full-years results
Oikocredit UK & Ireland Newsletter
April 2017

Transforming lives on tea estates in northern India

Deep in the northern mountains of India lies Darjeeling - a region known for producing high quality teas of the same name.  For many generations, rural communities have been dependent on these plantations despite that an increasing number have been falling into disrepair. When these tea estates fail, owners often abandon them leaving the workers and their families with nothing.

Oikocredit partner, Darjeeling Organic Tea Estates (DOTEPL), is reversing  this trend by purchasing and restoring abandoned tea estates and focusing on the production of high quality, organic teas. Oikocredit has been investing in DOTEPL since 2013, enabling them to redevelop three tea estates, support local producers and local employment, and introduce organic and bio-dynamic farming practices. 

To watch a short video about DOTEPL, click here

Or read more about DOTEPL, click here


International News

Introducing our new managing director

We are very pleased to welcome our new managing director Thos Gieskes who took up his position on 3 April. In the interview he talks about what motivates him, his experience as a development economist, his work in cooperative banking, and his vision and aspirations for his new role at Oikocredit. 

Read the full interview

Annual Report 2016

Our annual report was released on 23 March. The annual report contains messages from our managing board, updates from our regional offices, features on our partners across the globe, and a complete overview of Oikocredit’s financial statements for 2016. 

We have just recently announced our 2016. Our development financing portfolio exceeded the € 1 billion milestone for the first time, and we grew our portfolios in our focus areas of inclusive finance, agriculture, renewable energy and Africa. 

Read the annual report

Oikocredit facts & figures

Our facts and figures for the fourth quarter of 2016 include capital outstanding, the total number of partners and countries where we invest, as well as an overview of our funding by type, region and sector. 

Read more

UK & Ireland News

©Divine Chocolate

It's an Divine and Ethical Spring!

In March the UK & Ireland team attended much loved Oikocredit partner Divine Chocolate's Fairtrade forum on 'What is it about women & chocolate?"  Attended by DFID, Oxfam, Divine's Ghanian producers, Kuapa Kokoo, and many others, we all explored the latest perspectives on Fairtrade smallholder farming and the importance of women's empowerment in the supply chain of chocolate and other produce. We were also introduced to the art of chocolate tasting...and what an art it is!

To continue the theme this month, Divine Chocolate and Oikocredit UK have also teamed up with our UK capital-raising partner, Ethex, to persuade more people to do more ethical investing and shopping. So, if you know someone who wants to go more ethical with their shopping and investing habits, then Ethex are offering a chance to win a Divine Chocolate Tasting Kit as a sweet incentive!  See the Ethex Facebook page for more details* (*Terms & conditions apply).

Click here to read about women's empowerment and Divine Chocolate
© 2017 Opmeer Reports

Oikocredit UK & Ireland and eels in the Philippines!

Our latest blog feature is not one for the squeamish!

During a visit to Oikocredit’s Philippine's social enterprise partner, ABRASA (with whom we have a loan outstanding of PHP 22.6 million/€425,000), Monica met with some of their end borrowers - in particular a rice eel entrepreneur as well as other farming families who have benefited from much-needed social impact investment and other support.

You can read the whole story here.

Or click here to see a short video of the group's experience in the Philippines
© Philanthropy Impact

London Events

Monica and Archie will be attending two noteworthy events in early May.

1. 'Financial Inclusion for Women' by Philanthropy Impact will discuss the role that financial institutions, private investors, philanthropists, microfinance institutions and charities can play in addressing the global gender imbalance and bringing about social change. This is an opportunity for Oikocredit to raise its profile among charities, trusts and foundations, who we believe to be paramount partners in tackling the UN's 17 sustainable development goals (SDGs) by 2030. 

2. The 'Family Office Conference' by the Social Stock Exchange, is targeted at encouraging Family Offices to invest in social missions such as that of Oikocredit and others.  

See more about philanthropy impact

Spotlight on Scotland


Edinburgh in May

In March, with heartfelt thanks to our host and founder-member of the Oikocredit co-operative, the Church of Scotland, both Oikocredit UK's Monica Middleton and Fair Finance's David Cousland enjoyed a successful few days in Edinburgh speaking with Presbyterian Church groups and other potential investors.

On May 21st, Archie and David will be heading to Edinburgh's Heart & Soul 2017 event, which will be held in the Princes Street Gardens. From our market stall, Oikocredit will be showcasing our activities to over 60 churches, charities and faith-based organisations, with over 5,000 visitors expected to attend throughout the day. 

Please do spread the word and pop by our stall!

Read more about Heart & Soul 2017
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