Oikocredit

Oikocredit is a financial institution established in 1968 and based in the Netherlands. It focuses on empowering individuals and communities by providing funding to the microfinance sector, fair trade organizations, cooperatives, and small to medium enterprises. Oikocredit aims to create sustainable opportunities for people in need, enabling them to improve their own circumstances through access to financial resources.

Rodrigo Villalta Díaz

Director of Investments

Bart Van Eyk

Director of Investments

Thos Gieskes

Managing Director

Mireille Hendriks

Investor Relations

Tom Keleher

Equity Director

Alexander Remy

Equity Investment Officer

Past deals in Southeastern Africa

Yellow

Debt Financing in 2023
Yellow Africa is a digital platform that operates an online marketplace for pay-as-you-go solar power devices, primarily targeting households in rural areas of Malawi and Uganda. Founded in 2017 and headquartered in Lilongwe, Malawi, with an additional office in Uganda, the company provides solar home systems that offer essential services such as lighting, phone charging, and access to music through radio and MP3. In addition to its solar initiatives, Yellow also supports informal merchants across Africa, enhancing their business capabilities through its platform.

Solar Panda

Series A in 2022
Solar Panda is a Pay-As-You-Go Solar Home System provider, bringing clean, affordable solar energy to rural African communities without access to electricity. Solar Panda designs, manufactures and sells products that provide lights, mobile phone charging, radio and TV to families. These products are financed for customers to enable affordability and have the ability to greatly improve many facets of the customer's life, including eliminating the need for harmful kerosene lanterns, saving families money, supporting education, enabling greater productivity improving safety. Solar Panda is a Canadian company selling in Kenya. We made our first sale in December 2017, and are now powering hundreds of thousands of homes in Kenya. This is the fastest rate of growth ever achieved by a company in this industry, but we are just getting started. We believe access to electricity should be a right for everyone, everywhere, and our mission is to lead in the affordable solar energy revolution by reaching as many customers without electricity as possible.

Sidian Bank

Debt Financing in 2021
Sidian Bank Ltd. is a commercial bank based in Nairobi, Kenya, that offers a range of financial services to individuals and businesses. Founded in 1984 and rebranded from K-Rep Bank Limited in April 2016, the bank provides current and savings accounts, personal loans, digital banking, trade finance, micro banking, corporate banking, and services tailored for small and medium enterprises (SMEs). Additionally, Sidian Bank facilitates funds transfer and offers business loans, asset financing, and insurance services. The bank aims to empower entrepreneurs and support wealth creation by delivering secure and convenient financial solutions to both urban and rural clients.

African Clean Energy

Debt Financing in 2020
African Clean Energy is a family-based company that produces the ACE 1 Ultra-Clean Biomass Cookstove. A small-yet-powerful smokeless stove, it will virtually eradicate the catastrophic impact that traditional cooking methods inflict on health, environment, and poverty in developing countries around the world.

Kingo

Debt Financing in 2018
Kingo Energy, founded in 2013 and headquartered in Guatemala City, Guatemala, specializes in manufacturing solar energy systems aimed at providing reliable electricity to underserved rural communities. The company's mission is to improve the quality of life for individuals living without access to a dependable power grid, particularly in regions facing extreme poverty. Kingo offers a prepaid solar energy service that is more affordable than traditional lighting methods, such as candles and kerosene. Their solar energy kits can power essential household items, including light bulbs and mobile phone chargers, with payment options tailored to customers' budgets. Kingo has already benefited over 100,000 people, with significant reported improvements in cost savings, educational performance, and productivity among users. The company operates in Central America and South Africa, with ambitions to expand its reach to over 3 million individuals by 2020. Kingo's executive team comprises experienced professionals from various sectors, including consumer markets, telecommunications, and energy.

Inyenyeri

Convertible Note in 2018
Inyenyeri gets the even the poorest of Rwandan households to switch from cooking with wood and charcoal by providing clean and renewable fuel that cooks better and is more affordable. Inyenyeri is a for-profit social enterprise. Profitability ensures sustainable social impact and increases access to financial capital needed to scale quickly.

Enko Education

Debt Financing in 2017
Enko Education Investments (PTY) LTD, founded in 2013 and headquartered in Johannesburg, South Africa, operates a network of international secondary schools across Africa, including offices in Cameroon, Mozambique, and Côte d’Ivoire. The organization is dedicated to preparing students for admission to the world's leading universities through a unique educational program. Its schools employ an internationally recognized curriculum that promotes innovative learning, allowing students to receive a high-quality education at discounted fees. Enko Education aims to provide a launchpad for students aspiring to further their studies globally.

SolarNow

Debt Financing in 2017
SolarNow Services (U) LTD designs, develops, and sells solar systems. It offers household solutions, which include radio torches, flat iron, clippers, lightpacks, floodlight packs, decoders, fridges, solar laptop chargers, and TVs and DVDs: and farming solutions that include solar water pumps; small business solutions, and corporate solutions. The company was founded in 2011 and is based in Kampal, Uganda. It has branch locations in Uganda and Kenya. SolarNow Services (U) LTD operates as a subsidiary of SolarNow B.V.