Oikocredit in Russia
Upcoming SlideShare
Loading in...5

Like this? Share it with your network


Oikocredit in Russia



Description of Oikocredit, microfinance, and Oikocredits activities in Russia.

Description of Oikocredit, microfinance, and Oikocredits activities in Russia.



Total Views
Views on SlideShare
Embed Views



1 Embed 2

http://www.linkedin.com 2



Upload Details

Uploaded via as Adobe PDF

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
Post Comment
Edit your comment

Oikocredit in Russia Presentation Transcript

  • 1. OIKOCREDIT IN RUSSIAPontus Engström, CFOMission Covenant Church of Swedenpontus.engstrom@missionskyrkan.se
  • 2. Oikocredit is present in 80 countries Oikocredit is one of the world’s largest sources of private funding to the microfinance sector, reaching 29 million people (86% are female clients).
  • 3. Investment policyOikocredit provides financing to:•  Projects and small and medium sized enterprises that create jobs and income for disadvantaged people•  Projects where women are influential in management and/ or implementation•  Projects that are responsible in terms of their environmental impact•  Projects that are financially sustainable, or can soon become so, and have suitable management in place
  • 4. 14 project partners in Russia(outstanding portfolio: RUB 350 million)Client Sector Loan Size RUB Clients Percentage of womenForus Financial services 117,000,000 73%Rezerv Credit consumer 5,000,000 Micro-entrepreneurs in Tomsk cooperative regionSibirsky Credit consumer 15,000,000 Micro-entrepreneurs in TomskCredit cooperative regionAstrakhan Regional Credit 30,000,000 Providing rural cooperatives"Narodny Consumer Cooperative with loans, savings etc.Credit”Garant Credit Agricultural Credit 10,000,000 Consumer CooperativeNBD Bank Financial services 40,000,000Chuvashian Rural consumer credit 23,000,000 SMEs, farmers, household plot 94%Credit cooperative holders and rural consumer cooperatives in ChuvashiaFinca Non-profit financial 60,000,000 Inventor of “Village banking” 74% organization method. Low income entrepreneurs and households
  • 5. Rezerv – Credit Consumer Cooperative•  Founded in 2005 by Mikail Elkov, head of Center for Support of the Entrepreneurial Activity in Tomsk Oblastj Region•  Commercial banks reluctant to go to villages and rural settlements, and do not serve pensioners and disabled people•  Today Rezerv has 17 offices with +50 employees and 17 loan officers•  Despite distance between offices, communication works well, in particular through the use of Skype•  Mission: to provide financial services to its members – individuals with average and below average or low income with limited or no access to banking products and services. The main purpose is to help these people to improve their living standard, to create their credit histories, and to develop their businesses.
  • 6. Client: Mr. Pavel Khomich – logging andprocessing of wood
  • 7. www.rezervtomsk.ru Mr. Mikail Elkov mobile +7 913 821 43 20; email: vasilissan@mail.ru Mrs. Irina Dzhusup Office 8,Stoloviy pereulok 6, Building 2 Moscow, 121069 Russia Tel. +7 495 697 07 05 idzhusup@oikocredit.org www.oikocredit.ru