Ekeoha was founded by John Hatch in 1984 and pioneered the “village banking method” of credit delivery, now used by hundreds of organizations worldwide. Village banking method brings together groups of between 10 to 25 people in a community or market who guarantee small loans to each other.
Ekeoha is a leading international Microfinance Institution offering financial services and products to small scale businesses that have been turned down by traditional banks, so that these businesses can start, grow, and diversify with resulting increases in family income, nutrition, employment and well-being.
Ekeoha operates using sound business principles and an entrepreneurial spirit. We have developed a very innovative organizational structure that set a new standard for the microfinance industry which allows us to mobilize private and commercial capital while keeping true to our mission. We deliver a real “double bottom line” that couples positive social impact with financial sustainability. Our ultimate goal is to combat poverty by creating employment, raising family incomes and reducing poverty world-wide.
Ekeoha mission is to provide financial services to the world’s lowest-income entrepreneurs so they can create jobs build assets and improve their standard of living.
Ekeoha vision is to be a global microfinance network collectively serving more low-income entrepreneurs than any other microfinance institution while operating on commercial principles of performance and sustainability.