Oikocredit increases equity stake in Bolivian MFI


Pablo Cordero, one of Banco Fie's clients. Pablo produces spare parts for construction.

November 24 2016

Oikocredit has more than doubled its investment in Banco Fie, a leading microfinance bank with a strong commitment to financial inclusion in Bolivia.

Banco Fie has been a partner of Oikocredit’s since 2002. During their 14-year relationship Oikocredit has supported Banco Fie in becoming one of Latin America’s most well-respected financial inclusion institutions.

Valeria Gelsi, Oikocredit equity investment officer, said: “We are proud to strengthen our relationship with Banco Fie and be able to add value to such a well-respected bank committed to the sustainable development of Bolivia.”

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