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Subscribe via EmailMonthly Archives: January 2012
Opportunity Promotes Entrepreneurship for the Next Generation in Nicaragua
Opportunity International is launching a Technical High School to teach youth entrepreneurship skills in the agriculture and tourism industries as part of its community development initiative in Nicaragua. Opportunity recently broke ground on its Entrepreneurial Technical High School in Diriomo, Nicaragua. The school will provide rural students with the education and training they need to Read more…
Tagged Clients, Community, Community development, Education, Ending Poverty, Financial services, Global Poverty, Latin America, Nicaragua, Opportunity International, Opportunity Nicaragua, Poverty, Rural Outreach, rural schools, Schools, Students, Training
Meet Our Staff: Why Do I Believe in Opportunity?
In May of 2010, I attended a luncheon hosted by the Chicago Council on Global Affairs where Melanne Verveer, the first-ever U.S. ambassador-at-large for Global Women’s Issues, spoke to the significance of investing in women as a means to drive economic growth in the developing world. Equally as captivating as Ambassador Verveer’s remarks was being Read more…
Tagged Ally Lynch, Chicago Council on Global Affairs, Ending Poverty, Financial services, Global Poverty, Meet Our Staff, Melanne Verveer, MFI, Microfinance, Opportunity International, Opportunity-US, Poverty, Women, Women's Philanthropy
What We’re Reading: Last Week’s Insight Trip to Colombia & Nicaragua
Opportunity International staff and contributors just returned this week from the first Insight Trip of 2012. Their travel adventure took them to Colombia and Nicaragua where they experienced microfinance firsthand and met our staff and clients. Four of our travelers published their personal accounts and reflections on a travel blog at adventuringincolombianicaragua.tumblr.com and we’ve loved reading each Read more…
Tagged Adventuring in Colombia & Nicaragua, Agricultural finance, Blog, Clients, Colombia, Ending Poverty, Financial services, Insight Trip, Latin America, Loans, local staff, Microfinance, Nicaragua, ojala, Opportunity Colombia, Opportunity International, Opportunity Nicaragua, Poverty, Savings, Training, Travel, Trust Groups, Tumblr
Check It Out! Credit Suisse Reports on the Impact of Microfinance & Technology in Malawi
We’re pleased to announce that Opportunity International is featured in this month’s Credit Suisse Bulletin. The four-page article, which was the result of Credit Suisse’s visit to Opportunity Malawi last year, is located on pages 42-45. Click here to see a complete copy of the Bulletin or read the story online. In addition, Credit Suisse has Read more…
Tagged Africa, ATMs, biometric fingerprint technology, biometric technology, Cell phone banking, Clients, Credit Suisse, Electronic wallet strategy, Financial literacy programs, financial literacy training, Loan Officer, Loans, Malawi, MFI, Microfinance, Mobile Banking, mobile banking vehicle, mobile phone banking, Opportunity International, Opportunity Malawi, Poverty, regional manager, Rural Outreach, Savings, Technology, Training, Trust Groups, Women
What We’re Reading: Martin Luther King, Jr.’s 1964 Nobel Lecture on Racial Injustice, Poverty, and War
On December 11, 1964, the day after he accepted the Nobel Peace Prize, Dr. Martin Luther King, Jr. gave this lecture at the University of Oslo in Norway. In the lecture, he discussed what he said was “the most pressing problem facing mankind today,” which is a moral and spiritual poverty. As King put it: This problem of Read more…
Tagged agape, Ending Poverty, Faith in Action, Financial services, Fundraising, Get involved, Global Poverty, God, Martin Luther King Day, Martin Luther King Jr., Microfinance, Nobel Peace Prize, Opportunity International, Poverty, racial injustice, War
Top 5 Highlights from Opportunity’s 2011 in Review
As we take the first steps into 2012, it’s good to see where Opportunity International ventured on the road of 2011. We ran all over the globe and hiked into new territory both literally and figuratively. We celebrated milestones, and went to new heights, for the sake of our clients and the sustainable work of Read more…
Tagged 40th anniversary, 40th anniversary year-end campaign 2011, Africa, Banking on Women, Clients, Devex, Empact, Empact 100, Ending Poverty, Events, Financial services, Future of Entrepreneurship Summit, India, Insight Trip, International Women's Day, Jump for Opportunity, Microensure, Microinsurance, Opportunity International, Poverty, Richard Leftley, Side by Side, sustainable finance award, USA Today, Women, Women's Opportunity Network, Women's Philanthropy, WON, YAO, Young Ambassadors for Opportunity
Opportunity Tanzania is Listening to Microfinance Clients and Growing
Opportunity Tanzania achieved strong growth during 2011. As of September 30th, Opportunity Tanzania was serving 5,705 microentrepreneurs with loans, reflecting an 84% growth in just nine months, having begun 2011 with 3,093 clients. Entrepreneurs like produce seller Joyce Williamson (pictured) are using loans to improve their businesses and generate more income for their families. More Read more…
Cell Phones Deliver Life Insurance
In October 2010, Opportunity International’s microinsurance subsidiary, MicroEnsure, launched a pilot test with the mobile network Tigo Ghana around a new product embedded into the subscriber’s airtime purchases. The more airtime Tigo customers purchase, the more free life insurance they earn for themselves and a second family member. For Tigo, this insurance has helped reduce client churn Read more…
