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 Impact Investing

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.

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.

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.

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.
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.

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.

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.

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.

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.

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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