Oikocredit to Enhance Impact in Southeast Asia with Strategic Operational Shifts
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.
Archive > 2024 > April
- 26/04/2024 26/04/2024, 12:37 - New Oikocredit partnership with cooperative Atuntaqui provides uplift for microfinance and affordable housing in Ecuador
- 26/04/2024 26/04/2024, 12:25 - New Oikocredit partnership with cooperative Atuntaqui provides uplift for microfinance and affordable housing in Ecuador
- 24/04/2024 24/04/2024, 10:50 - Oikocredit to Enhance Impact in Southeast Asia with Strategic Operational Shifts
- 22/04/2024 22/04/2024, 16:06 - Oikocredit € 4 million loan to TAN Mondial will benefit Côte d’Ivoire cocoa and cashew cooperatives
- 22/04/2024 22/04/2024, 12:38 - Oikocredit € 4 million loan to TAN Mondial to support Côte d’Ivoire cocoa and cashew cooperatives
- 18/04/2024 18/04/2024, 16:07 - Oikocredit Co-Leads a US$ 39 Million Investment in Altum Credo to Promote Affordable Housing Finance
- 18/04/2024 18/04/2024, 11:55 - Affordable housing finance company Altum Credo raises US$ 39 million in equity led by Z3 Partners and Oikocredit with participation from British International Investment.
- 10/04/2024 10/04/2024, 13:26 - Results for 2023: Oikocredit ambitious to achieve more
- 09/04/2024 09/04/2024, 17:21 - Oikocredit invests US$ 5 million in Ghana’s Zeepay to improve financial inclusion for migrant workers
- 09/04/2024 09/04/2024, 17:16 - Oikocredit invests US$ 5m in Ghanaian digital remittances company Zeepay
- 09/04/2024 09/04/2024, 13:38 - Q4 2023 quarterly report: Portfolio growth and other key achievements
- 09/04/2024 09/04/2024, 13:31 - Oikocredit ambitious to achieve more
- 03/04/2024 03/04/2024, 16:03 - Oikocredit supports GABV’s Statement of Peace