Oikocredit Invests Nearly $3 Million in 5 Central and South American Microfinance Institutions (MFIs): Loans Given to UNCREFUM, Pablo Munoz Vega, Kullki Wasi, Intihuaca, and ADEA

In addition to its recent $500,000 loan to CEPRODEL in Nicaragua, private investor fund Oikocredit committed close to USD $3 million to MFIs in Central and South America. None of these 5 MFIs report to the MIX Market, the microfinance information clearinghouse. Oikocredit is an international co-operative society established in 1975 under Dutch law. It reported fund assets of $304 million and assets of $126 million allocated to microfinance investments at the end of 2005. According to the MicroCapital ROI Quicklist, Oikocredit has a return on investment of 2%. Oikocredit’s active portfolio of microfinance investments can be found here.

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