Anita Clemons Elected to Oikocredit Members Council
July 21, 2020 by Anita Clemons
Anita Clemons was elected to the Members Council of Oikocredit at the Annual General Meeting. Clemons serves as Vice President & Managing Director of Investments for the Presbyterian Foundation.
Clemons will represent North America for the international cooperative. The Members’ Council is a consultation and advisory body which is broadly representative of Oikocredit’s member organizations. It meets between the annual general meetings of members and is elected by the members to reflect and defend their interests.
Oikocredit is a worldwide cooperative society which promotes global justice and encourages people, churches, and others to share their resources through socially responsible investments and by empowering disadvantaged people with credit. Oikocredit is one of the world’s largest sources of private funding to the microfinance sector. They also provide credit to trade cooperatives, fair trade organizations and small-to-medium enterprises in the developing world.
Clemons highlights Oikocredit’s work in Africa, South America and Asia where Oikocredit has about 685 partners, though the reach of those partners extends to nearly 37 million people. About 86 percent of those partners are female, and partners reach 528,000 farmers through their programs. “It has been exciting to work with Oikocredit throughout my career at the Presbyterian Foundation,” Clemons said. “In my 40 years of investment management, Oikocredit stands out as profound in its ability to make a difference in the life of other people. I am honored to serve on the Member’s Council and look forward to continued involvement in the mission of Oikocredit.”
The Presbyterian Foundation was a founding member and investor in Oikocredit, founded in 1975 as the Ecumenical Development Cooperative Society. Oikocredit is one of several investments held in the Foundation’s Creative Investment Program. The Creative Investment Program was implemented in 1975 by the 187th General Assembly with the directive to invest funds on six continents that promise high returns in terms of benefits to human needs.
Those areas of concern were to include:
- Self-Development of People;
- Development Assistance;
- Racial Justice & Racial Ethnic Ministries;
- Equal Rights for Women;
- Environmental Justice and the Quality of Life; and
- Assistance to the Economically Deprived.
Social impact investor and worldwide cooperative Oikocredit has 45 years of experience funding organizations active in financial inclusion, agriculture and renewable energy.
Oikocredit’s loans, equity investments and capacity building aim to enable people on low incomes in Africa, Asia and Latin America to sustainably improve their living standards.
Clemons joined the Presbyterian Foundation in 2000 and provides Investment Management services to PC(USA) partners. She holds a B. S. from the University of Louisville and a CFP (Certified Financial Planner) designation.
If you would like to invest in the mission of Oikocredit or have questions, please contact Anita Clemons at (502) 245-6166 or Anita.Clemons@PresbyterianFoundation.org.