OikoCredit Investors Meeting - London, Saturday 6 July
Saturday 6th July saw OikoCredit UK hold an investors meeting in London for supporters and lenders, as they go from strength to strength. Their continued success reflects both the economic robustness of cooperative businesses internationally, and growing public support for new business models which deliver fairer outcomes for society, most pressing in marginalized and poor communities.
- OikoCredit has a long track record of responsible lending, continual growth, lending more and more each year to cooperatives & small businesses run by the poorest people in the world.
- Most loans get repaid and re-lent enabling Oiko to pay an annual dividend of 2% to us, the lenders from many countries, over many years since 1985, with only a couple of years when profits were insufficient due to wider economic turmoil e.g. the oil crisis.