Blog Archives

Program Update: Opportunity Launching Microfinance Bank to Reach More Families in Colombia

In Colombia, Opportunity is creating a finance company that will offer loans, savings, insurance and training to entrepreneurs living in poverty. Opportunity’s three Colombian-based microfinance institutions are being consolidated to form Opportunity Colombia. Opportunity is preparing to submit a banking license application to Colombia’s Financial Superintendency. The consolidation will give nearly 20,000 families access to Read more…

Posted in Bank Building, Insight Trips, Loans, Microinsurance, Our Work, Savings, Training, Where We Work
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A Trust Group in India: The Most Marginalized Women Can Be Reached

It is refreshing to me that there has been a lot of discussion recently about economic and social empowerment of people living in poverty. Between the report on the Millennium Development Goals progress and the Clinton Global Initiative in New York City in September, it seems the world’s most engaged global leaders are taking notice of Read more…

Posted in Loans, Local Staffing, Our Work, Trust Groups, Where We Work, Women's Opportunity Network
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In the News: Mobile Phone Banking and Opportunity Malawi

“For a farmer, the mobile phone has opened up a world of opportunity.” –Prof. Jenny Aker, assistant professor of economics at the Fletcher School of Tufts University The Financial Times has just published a story online and in print in their World Food supplement about the effects of mobile phone technology on smallholder farmers in Read more…

Posted in Loans, Our Work, Rural Outreach, Technology, What We're Reading, Where We Work
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Today is World Food Day–Saturday, Oct. 16

Saturday, Oct. 16th is World Food Day, a day designated by the U.N.’s World Food Programme to raise awareness and support in the fight against global hunger. From wfp.org: “World Food Day on October 16 reminds the world that around 1 in 7 people alive today are going hungry[...] [Though,] this year, the number of Read more…

Posted in Events, Loans, Microfinance Conference, Microinsurance, Our Work, What We're Reading
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What We’re Reading: Putting Savings in the Bank in the Era of Climate Change

Every Wednesday, we highlight an article, book or a blog in our “What We’re Reading” series. We feature works that are noteworthy, inspiring, educational or relevant to the work we do at Opportunity. We welcome your comments in the comment field below–tell us what you’re reading, or respond to the piece we’ve highlighted. The following Read more…

Posted in Loans, Local Staffing, Our Work, Savings, Technology, Uncategorized, What We're Reading, Where We Work, Women's Opportunity Network
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Conference Breakout: Engaging the Next Generation of Microfinance Champions

The following post by YAO member and Opportunity supporter Sonja Egeland Kelly is one of the many blog posts we published from the 2010 Fall Microfinance Conference. Click here to read all our conference blog posts… Recognizing the importance of inspiring the next generation of microfinance champions, the Young Ambassadors for Opportunity (YAO)[/intlink] breakout session at the Read more…

Posted in Events, Loans, Microfinance Conference, OptINnow, Our Work, Young Ambassadors for Opportunity
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LiveBlog: Rural Finance in Africa: It’s Our Opportunity

“I do not know a single community that has been able to build up an economy before tackling the issue of agriculture. Not a single one.” – John Magnay, Opportunity’s senior agricultural advisor Sixty-five percent of the sub-Saharan African labor force is employed in agriculture, yet the region’s agricultural sector receives just 4% of official development Read more…

Posted in Events, Loans, Microfinance Conference, Our Work, Rural Outreach, Where We Work
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News from Africa: New Mobile Banks and Bank Branches for Microfinance Clients in Mozambique

Great news from Mozambique! Banco Oportunidade de Moçambique is proud to announce the August opening of the Chokwé branch and Chimoio mobile bank.  Additionally, Opportunity Mozambique[/intlink] expanded in 2010 with two new hub branch offices, and received approval from both the municipal and Central Bank authorities to open its first container branch office in the Matendene Market. Read more…

Posted in Bank Building, Loans, Our Work, Rural Outreach, Strategic Partners, Where We Work
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#MifiMon: Agricultural Finance–Tapping Into an Untapped Market

Bimonthly, we hold the Mifi Monday Twitter discussion on a number of topics related to microfinance. Next time, on Monday, Sept. 27, 12-2 p.m. CDT (GMT -5), join our discussion on educational finance, including small-scale educational entrepreneurs, and the impact of educational opportunities on all people, especially women and girls. In last Monday’s #mifimon conversation, we delved into agricultural finance[/intlink], issues Read more…

Posted in Loans, Local Staffing, Our Work, Rural Outreach, Technology, Training, Where We Work
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Sheryl WuDunn to Speak at Opportunity’s Fall Microfinance Conference in Washington, D.C.

One of the best ways to fight poverty is to educate women and give them economic opportunity. Microfinance institutions are at the center of that solution. I’m looking forward to seeing more and more people getting involved in this effort.   –Sheryl WuDunn (March 2010)  Sheryl WuDunn, an advocate for global women’s issues and proponent of Read more…

Posted in Events, Loans, Our Work, What We're Reading, Women's Opportunity Network
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