The Developing Markets team was set up in July 2012 to address requests from countries in Africa where Oikocredit does not have a representative office. Its role is to develop new partnerships with financial institutions (FIs), small to medium enterprises (SMEs) and agricultural businesses as well as provide support to Oikocredit’s newest focus countries.
The Developing Markets team has extensive experience in operating in emerging markets, providing a range of products specially tailored to the needs of organizations and companies dedicated to serving the disadvantaged. The team focuses on sustainable business development and therefore has a long term approach to partnerships.
The ultimate target is to support entrepreneurships not only via direct services to FIS and SMEs but also through joint action and cooperation with Oikocredit international networks.
Sustainable investment with long term social return is at the heart of the Developing Markets team’s mission. This requires careful partner selection, monitoring and support and a balanced assessment of social and financial performances.
The Developing Markets team’s social performance and impact assessment tools focus on:
- Selecting the right partners
- Monitoring social and financial performance indicators
- Holding partners accountable to their social objectives
- Gathering feedback from partners to develop products and services