Blog Archives

Leading the Way in Agricultural Microfinance

Seventy percent of the 1.4 billion people living in extreme poverty (surviving on less than $1.25 per day) live in rural areas. Two years ago, Opportunity International launched the Banking on Africa campaign, a cutting-edge strategy to address rural poverty by expanding access to financial services in rural areas and to develop an agricultural finance Read more…

Posted in Bank Building, Resources, Rural Outreach, Savings, Training, What We're Reading
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In the News: NPR’s The World and the Impact of Microinsurance

At Opportunity International, we’re always excited to see stories that reflect what we know to be true: that microinsurance is a vital financial tool for people living in chronic poverty throughout the developing world. On Monday, Jan. 17, PRI’s The World broadcast a piece on NPR about microinsurance policyholders in Barranquilla, Colombia who are taking greater advantage of Read more…

Posted in Bank Building, Microinsurance, Resources, Where We Work
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Servicing Rural Malawi with Expanded Microfinance Services

Opportunity Malawi is partnering with the International Fund for Agricultural Development (IFAD) to provide access to microfinance services, including agricultural loans, to over 25,000 people living in poverty through 2011. The $350,000 grant from IFAD’s Rural Livelihoods Support Program will help combat hunger and poverty in three rural districts in southern Malawi. In addition, IFAD has Read more…

Posted in Resources, Rural Outreach, Strategic Partners, Where We Work
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Opportunity Mozambique Is on a Roll with Three New Mobile Banking Vehicles

Last week, Doug Pond, head of operations for Opportunity Mozambique, announced the Mozambique Central Bank’s approval of our three newest mobile banking vehicles. Opportunity plans to deploy all three mobile banking vehicles in the coming weeks to significantly increase its outreach to families living in Mozambique’s rural villages. With the rollout of its agriculture finance Read more…

Posted in Bank Building, Loans, Local Staffing, Microinsurance, Our Work, Savings, Technology, Where We Work
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Five Million People in Five Years: Bank-Building in Africa

Last Wednesday, Opportunity staff and supporters gathered for the quarterly conference call hosted by the Board of Governors. The topic was “Bank-Building in Africa” and Opportunity’s Banking on Africa campaign, a discussion led by two of our experts in the International Business Development department: Dennis Ripley, SVP of  programs, and Simona Haiduc, VP of program management. Young Ambassadors for Opportunity (YAO) Read more…

Posted in Bank Building, Board of Governors, Insight Trips, Loans, Local Staffing, Microinsurance, Our Leadership, Our Work, Rural Outreach, Savings, Strategic Partners, Technology, Young Ambassadors for Opportunity
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This Thanksgiving, What Are You Grateful for?

As you sit down to the Thanksgiving table this year, no doubt you’ll be thinking about what makes you thankful. Maybe you’re grateful for your family, your friends, good health, or a great Thanksgiving dinner. At Opportunity, our staff is grateful for these blessings but we’re also incredibly thankful for our clients. We feel privileged Read more…

Posted in Faith in Action, Loans, Microinsurance, Our Leadership, Our Mission and Vision, Our Motivation, Our Work, Savings, Training, Where We Work
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Andhra Pradesh: Will the Crisis Spread Throughout India?

In mid-October, the government of the southern Indian state of Andhra Pradesh passed an ordinance severely restricting the operations of microfinance institutions (MFIs) in the region. The controversial action was taken after local officials complained of wide-spread abuses in the rapidly growing for-profit microfinance sector; the MFIs have challenged the ordinance in the state’s high Read more…

Posted in Bank Building, Our Mission and Vision, Our Motivation, Our Work, Rural Outreach, Savings, Technology, What We're Reading, Where We Work
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What We’re Reading: “Women Find Freedom through Land Ownership”

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 Our Work, Rural Outreach, What We're Reading, Where We Work, Women's Opportunity Network
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Double Your Business’s Impact on Global Poverty with Caterpillar’s Matching Grant

Investing in microfinance through Opportunity International is the best, most efficient way that we’ve found through all of our philanthropic investments to make progress possible in the lives of people who need our help most. – Caterpillar Foundation Vice President Will Ball Caterpillar Foundation announces an aggressive, year-end $1 million challenge grant that will enable corporations Read more…

Posted in Events, Microfinance Conference, Our Work, Resources, Rural Outreach, Savings, Strategic Partners
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