Oikocredit regional office for South East Asia
Oikocredit's regional office for South East Asia (SEA)is based in Quezon City, Manila, Philippines. It has 4 full time members of staff and acts as a conduit for its satelite offices in Cambodia and Indonesia, and its head office in Holland.
The office mainly deals in the day to day processing of loan applications, but also actively seeks out new investors as well as assisting their colleagues in Cambodia and Indonesia.
In the same Manila office are the Philippine Support Association (PSA)and the Philippine Office of Oikocredit. The former seeking new,and renewed support for the organisation, and the latter focusing on assisting the Philippine project partners such as Alter Trade, or UMFI.
The regional office has a small volunteer program which is open to Filipinos and non-Filipinos alike. Past non-Filipino volunteers mainly come from northern Europe and the UK.
As of third quarter 2007 the SEA office had 67 approved projects running. 4 of these were in line to be cancelled, 11 of these were repeat loans (including one to CARD),4 third loans and seven loans fully paid. In total there were 41 active projects, with the majority of these being in the Philippines (36),and Cambodia (5). Indonesia has at least 4 projects in the pipeline.