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Why volunteer groups?

Oikocredit Support Associations are collectives of volunteers whose members are engaged in promoting Oikocredit’s mission. Volunteer associations are part of a long-standing tradition in Oikocredit’s work. In addition to being active volunteers for Oikocredit, Support Associations are members of the Oikocredit International cooperative.

Oikocredit has two Support Associations based in the US – the Western Pennsylvania Support Association and the Oikocredit Northwest Support Association based in Seattle. Click on the regions to learn more about how you can get involved in your local Support Association.

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Micro to medium loans in Mexico

470px-unicreich-mx-1673-01.jpgOctober 22 2014

One of Oikocredit’s latest deals in Q3 was to UNICREICH, a credit union which operates in urban and rural areas in the state of Chiapas in southern Mexico. It provides loans to micro, small and medium-sized enterprises in the sectors of commerce, industry, services and agriculture as well as offering life insurance and voluntary savings as additional services.

 UNICREICH supports over 200 small to medium enterprises in the Chiapas state and surrounding areas. Through this support of small business, UNICREICH contributes to the creation of hundreds of jobs, making an indirect social impact on around 3,500 people. Financial and other services for micro to medium sized businesses is in high demand, therefore UNICREIGH will be expanding into further, underservices states.

Expanding into more states

As a partner of Oikocredit since 2010, UNICREICH received the approval for a second loan in 2013 for MXN 18 million. The second tranche of this loan was disbursed in September this year. UNICREICH will use the loan to finance 219 small to medium enterprises in Chiapas state and the surrounding states of Tabasco and Veracruz, which are among the most disadvantaged states of Mexico.

More about UNICREICH

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National Support Office - Canada and US
Oikocredit
700 – 2 Bloor St. West
Toronto ON Canada M4W 3E2
workT: 416 996 2392