OIC International’s development finance projects provide financial services, coupled with business literacy, to groups of aspiring entrepreneurs, with a strong focus on rural female entrepreneurs. Group lending also extends to farming cooperatives composed of low-income men and women. Our programs provide largely rural entrepreneurs with the working capital they need to start, expand and diversify their existing businesses, and are either in-kind (such as seeds, farming tools, fertilizer, animal traction, machinery) or cash granted via a village banking model, and aim to enhance incomes for those who are unemployed or who are engaged in subsistence agriculture.
Our programs in development finance are incorporated into our workforce & enterprise development and food security & agriculture programs to provide a comprehensive approach to solving unemployment and food insecurity.