Foto: Julius Caesar Kasujja / Oxfam Novib

Oxfam Novib Fund

Oxfam Novib Fund

Oxfam Novib Fund (ONF) was established in 1998 by Oxfam Novib to support high potential, high-impact microfinance institutions worldwide. ONF supports financial institutions (MFIs) that focus on underserved markets and targets specific vulnerable groups: rural communities and female entrepreneurs. We only support MFIs with a proven inclusive, and responsible approach.              

Social Impact

Through the investments in 31 MFIs in 22 countries, we provided access to finance and other financial services to 78,000 microentrepreneurs; 79% of them are women, and 64% are based in rural areas. Most of the micro-entrepreneurs we thus supported live in Sub-Saharan Africa and the MENA region (44%). See table below  figures as of Dec 20 .

An example of an MFI we support: OnePuhunan – CreditAccess Philippines Financing Company Inc.

Best practices

Oxfam Novib strives for transparency, accountability, and responsible behaviour in the microfinance sector. Triple Jump, an offspring, of Oxfam Novib, manages our fund ensuring that all our investments fulfill with our investment criteria and with in the global best practices on responsible investments. We guarantee that Environmental, Social, and Governance (ESG) criteria are applied across the entire investment process.

Responsible Investment Policy (triplejump.eu)

As a signatory of the United Nation’s PRI and member of the European Microfinance Platform (e-MFP) we have an influential voice in the financial inclusion sector.  

Oxfam Novib | Signatories | PRI (unpri.org)

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