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.

Anirudh Sarda

Principal

Harsh Shah

Investment professional

Past deals in Credits and Lending

Sitara

Secondary Market in 2022
Sewa Grih Rin Limited, a housing finance company, provides housing loans to low-income households in India. It offers mortgage products for use in conjunction with government subsidies and tenure security; and non-mortgage loans for home and infrastructure improvements. The company was incorporated in 2011 and is headquartered in New Delhi, India.

Sitara

Series C in 2022
Sewa Grih Rin Limited, a housing finance company, provides housing loans to low-income households in India. It offers mortgage products for use in conjunction with government subsidies and tenure security; and non-mortgage loans for home and infrastructure improvements. The company was incorporated in 2011 and is headquartered in New Delhi, India.

Annapurna Finance

Private Equity Round in 2021
Annapurna Finance Private Limited is a non-banking financial company based in Bhubaneswar, India, that specializes in providing microfinance services primarily to women and low-income households in rural and semi-urban areas. The company focuses on income generation loans for self-help groups and joint liability groups, offering financing for agricultural activities, micro enterprises, and various business needs. Additionally, it provides housing finance for home construction and renovation, as well as loans tailored for individuals with disabilities and the financially excluded. Annapurna Finance also supports initiatives for safe water and sanitation, dairy development, and solar energy, while offering credit-linked insurance to its clients. Originally founded as Annapurna Microfinance in 2009, the company changed its name in 2018 to reflect its broader mission of facilitating economic empowerment and integrating underserved populations into the formal financial system.

Avanti Finance

Series A in 2021
Avanti Finance operates a financial inclusion platform designed to expand access to credit and affordable financial services. The company provides an open-access digital framework that allows users and partners to create and deploy various financial products. Through this platform, Avanti Finance offers loan products and capital to third parties, enabling them to serve individuals who traditionally lack access to loans. Its approach focuses on delivering microfinance solutions via a cashless interface, thereby facilitating easier and more inclusive access to financial resources for underserved populations.

Sempli

Venture Round in 2021
Sempli SAS is an online lending platform based in Medellín, Colombia, that focuses on providing financial solutions for small and medium-sized enterprises (SMEs). The platform offers online loans and credit specifically tailored for working capital needs, aiming to facilitate access to capital for these businesses. In addition to its lending services, Sempli also delivers specialized content, online courses, and tools related to finance and corporate governance, which support the financial management and administration of companies. By leveraging technology and information, Sempli enhances the efficiency and convenience of securing funding, thereby aiding SMEs in their growth and value generation processes.

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.

Sempli

Convertible Note in 2021
Sempli SAS is an online lending platform based in Medellín, Colombia, that focuses on providing financial solutions for small and medium-sized enterprises (SMEs). The platform offers online loans and credit specifically tailored for working capital needs, aiming to facilitate access to capital for these businesses. In addition to its lending services, Sempli also delivers specialized content, online courses, and tools related to finance and corporate governance, which support the financial management and administration of companies. By leveraging technology and information, Sempli enhances the efficiency and convenience of securing funding, thereby aiding SMEs in their growth and value generation processes.

Avanti Finance

Debt Financing in 2021
Avanti Finance operates a financial inclusion platform designed to expand access to credit and affordable financial services. The company provides an open-access digital framework that allows users and partners to create and deploy various financial products. Through this platform, Avanti Finance offers loan products and capital to third parties, enabling them to serve individuals who traditionally lack access to loans. Its approach focuses on delivering microfinance solutions via a cashless interface, thereby facilitating easier and more inclusive access to financial resources for underserved populations.

Avanti Finance

Series A in 2021
Avanti Finance operates a financial inclusion platform designed to expand access to credit and affordable financial services. The company provides an open-access digital framework that allows users and partners to create and deploy various financial products. Through this platform, Avanti Finance offers loan products and capital to third parties, enabling them to serve individuals who traditionally lack access to loans. Its approach focuses on delivering microfinance solutions via a cashless interface, thereby facilitating easier and more inclusive access to financial resources for underserved populations.

BizCapital

Series B in 2020
BizCapital provides loans to SMEs without access to large banks through an evaluation machine that analyzes and ranks each request in a few seconds, analyzing the variables digitally, enabling customers to get loans to operate business through an online lending platform.

Sempli

Series A in 2019
Sempli SAS is an online lending platform based in Medellín, Colombia, that focuses on providing financial solutions for small and medium-sized enterprises (SMEs). The platform offers online loans and credit specifically tailored for working capital needs, aiming to facilitate access to capital for these businesses. In addition to its lending services, Sempli also delivers specialized content, online courses, and tools related to finance and corporate governance, which support the financial management and administration of companies. By leveraging technology and information, Sempli enhances the efficiency and convenience of securing funding, thereby aiding SMEs in their growth and value generation processes.

Sitara

Series B in 2019
Sewa Grih Rin Limited, a housing finance company, provides housing loans to low-income households in India. It offers mortgage products for use in conjunction with government subsidies and tenure security; and non-mortgage loans for home and infrastructure improvements. The company was incorporated in 2011 and is headquartered in New Delhi, India.

Access Bank

Post in 2019
Access Bank provides banking products and services to individual and business customers in Ghana. It offers standard savings and current, access advantage, solo, and premier accounts. The company also provides online banking services that include ATM, online access, and point-of-sale terminal services; and bills payment and Western Union money transfer services.

Laudex

Convertible Note in 2018
Laudex is a financial organization based in Mexico City, founded in 2009, that specializes in providing loans specifically for students. The company aims to promote social development by offering financial support to non-traditional sectors, particularly through its student lending platform. Laudex focuses on financing tuition fees for students attending top universities, both in Mexico and internationally, helping talented individuals access quality education. By granting financial flexibility, Laudex enables university and postgraduate students to pursue their academic goals without being hindered by financial constraints.

Sempli

Convertible Note in 2018
Sempli SAS is an online lending platform based in Medellín, Colombia, that focuses on providing financial solutions for small and medium-sized enterprises (SMEs). The platform offers online loans and credit specifically tailored for working capital needs, aiming to facilitate access to capital for these businesses. In addition to its lending services, Sempli also delivers specialized content, online courses, and tools related to finance and corporate governance, which support the financial management and administration of companies. By leveraging technology and information, Sempli enhances the efficiency and convenience of securing funding, thereby aiding SMEs in their growth and value generation processes.
Aashiyaan Housing and Development Finance Pvt. Ltd. is a housing finance company based in Kolkata, India, established in 2016. The company specializes in providing housing finance solutions to individuals in the informal sector, focusing on low-income groups such as small business owners and entrepreneurs. Aashiyaan offers micro housing finance products for various needs, including self-construction, home purchases, repairs, extensions, and loans against property. By targeting the underserved population in semi-urban and rural areas of eastern India, Aashiyaan aims to facilitate home ownership and improve living conditions for its clients, thereby addressing their financial needs effectively.

Fusion Microfinance

Series E in 2018
Fusion Microfinance Private Limited is a non-banking financial company based in New Delhi, specializing in providing micro-credit services to women entrepreneurs in rural and semi-urban regions of India. Established in 1994, the company began its Greenfield operations in January 2010 and expanded its reach by acquiring the microfinance division of Aajeevika, which had a loan book of Rs 6.3 million and 1,280 members at the time of acquisition. Fusion Microfinance focuses on facilitating the establishment and growth of small businesses by offering micro-loans and life insurance products. As of March 31, 2019, the company operated through a network of 504 branches across less penetrated areas in North Central India, including Madhya Pradesh, Uttarakhand, Uttar Pradesh, Delhi, and Haryana.

PEG

Debt Financing in 2016
PEG, founded in 2013 by Hugh Whalan and Nate Heller, is an asset financing company headquartered in Accra, Ghana. The company specializes in selling Pay As You Go solar energy products to off-grid customers in Ghana, Côte d'Ivoire, and Senegal. PEG's offerings enable customers to access improved lighting, mobile phone charging, and essential appliances such as radios and televisions. By providing financing for these solar home systems, PEG aims to enhance the quality of life for its customers while promoting sustainable energy solutions in underserved regions.

Fusion Microfinance

Series D in 2016
Fusion Microfinance Private Limited is a non-banking financial company based in New Delhi, specializing in providing micro-credit services to women entrepreneurs in rural and semi-urban regions of India. Established in 1994, the company began its Greenfield operations in January 2010 and expanded its reach by acquiring the microfinance division of Aajeevika, which had a loan book of Rs 6.3 million and 1,280 members at the time of acquisition. Fusion Microfinance focuses on facilitating the establishment and growth of small businesses by offering micro-loans and life insurance products. As of March 31, 2019, the company operated through a network of 504 branches across less penetrated areas in North Central India, including Madhya Pradesh, Uttarakhand, Uttar Pradesh, Delhi, and Haryana.

Fusion Microfinance

Series C in 2015
Fusion Microfinance Private Limited is a non-banking financial company based in New Delhi, specializing in providing micro-credit services to women entrepreneurs in rural and semi-urban regions of India. Established in 1994, the company began its Greenfield operations in January 2010 and expanded its reach by acquiring the microfinance division of Aajeevika, which had a loan book of Rs 6.3 million and 1,280 members at the time of acquisition. Fusion Microfinance focuses on facilitating the establishment and growth of small businesses by offering micro-loans and life insurance products. As of March 31, 2019, the company operated through a network of 504 branches across less penetrated areas in North Central India, including Madhya Pradesh, Uttarakhand, Uttar Pradesh, Delhi, and Haryana.

RGVN (North East) Microfinance

Venture Round in 2014
RGVN (North East) Microfinance Limited is a registered Non-Banking Finance Company (NBFC) headquartered in Guwahati, India. Established in 2008, the company focuses on providing financial services to the North Eastern region of India. It operates 149 branches across West Bengal and the Northeastern states, offering a range of loans aimed at enhancing access to health, education, and livelihood opportunities for its clients. The organization has a vision to significantly impact the lives of its clients, with a target of serving 500,000 individuals. By accepting deposits from retail customers and engaging in retail banking and treasury operations, RGVN aims to empower local communities through improved financial access.

Fusion Microfinance

Series B in 2013
Fusion Microfinance Private Limited is a non-banking financial company based in New Delhi, specializing in providing micro-credit services to women entrepreneurs in rural and semi-urban regions of India. Established in 1994, the company began its Greenfield operations in January 2010 and expanded its reach by acquiring the microfinance division of Aajeevika, which had a loan book of Rs 6.3 million and 1,280 members at the time of acquisition. Fusion Microfinance focuses on facilitating the establishment and growth of small businesses by offering micro-loans and life insurance products. As of March 31, 2019, the company operated through a network of 504 branches across less penetrated areas in North Central India, including Madhya Pradesh, Uttarakhand, Uttar Pradesh, Delhi, and Haryana.

Sulaxmi Finance

Venture Round in 2009
Sulaxmi Finance Private Limited (SFPL) [previously known as Heathrow Investments Private Limited (HIPL)] is a non-deposit taking NBFC, duly regulated by the Reserve Bank of India (RBI). SFPL operates under the brand name of “Sulaxmi”, which translates to “well-intentioned wealth” in Hindi. Presently, SFPL is solely dedicated to urban microfinance, chiefly in Northern India. The chief promoter of SFPL is Dr. Sunita Sharma, a social worker, teacher and writer of national fame, who has been felicitated by the President of India.
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