Blog Archives

The Power of Technology to Eradicate Poverty

Technology efficiently and cheaply brings financial services to people in remote or rural areas. It breaks through barriers throughout the developing world, where people are excluded from financial services because of illiteracy, expensive transportation and geographic isolation. With the support of our strategic partners, individual donors and dedicated staff, Opportunity International leverages technology to help free people Read more…

Posted in Bank Building, Biometrics, Cell phone banking, Client Stories, Loans, Local Staffing, Our Work, POS devices, Poverty, Resources, Savings, Strategic Partners, Technology, Where We Work, Women
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Credit Suisse’s Microfinance Work Recognized at the Financial Times/IFC Sustainable Finance Awards

 would like to offer our congratulations to  Credit Suisse. They were awarded a special commendation for their  program in the Sustainable Global Bank of the Year category at the Financial Times/International Finance Corporation Sustainable Finance Awards. The annual FT/IFC Sustainable Finance Awards, now in their seventh year, are the major global awards for environmentally- and Read more…

Posted in Bank Building, Events, Our Work, Rural Outreach, Strategic Partners, Technology
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One-Year Anniversary of Grand Opening of Opportunity DRC

One year ago,  celebrated the grand opening of its operations in the DR Congo with a ribbon-cutting ceremony in the heart of Kinshasa’s Masina market. Three weeks ago, on Tuesday, May 22, 42 local and international staff, dignitaries and supporters gathered to celebrate the one-year anniversary of this milestone at a special luncheon in Kinshasa Read more…

Posted in Bank Building, Events, Local Staffing, Our Leadership, Our Work, Where We Work
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Technology & New Innovations at Chicago Microfinance Conference

At Friday’s Chicago Booth and Zell Center Microfinance Conference, several of my colleagues and members of  heard from ‘s SVP of International Business Development, Dennis Ripley, who spoke as part of a panel called “New Products and Innovations in Microfinance,” along with Kate Cochran, COO at Vittana; Karl Muth, Consulting Economist at Grameen; and moderator Nina Read more…

Posted in Bank Building, Events, Loans, Microinsurance, Our Work, Rural Outreach, Savings, Strategic Partners, Technology, Where We Work, Young Ambassadors for Opportunity
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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…

Posted in Loans, Local Staffing, Our Work, Rural Outreach, Savings, Strategic Partners, Technology, Training, What We're Reading, Where We Work
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Breaking Down Barriers & Building Access Through Microfinance Innovations

Targeted to reach the most marginalized, Opportunity’s financial products help hardworking people overcome the inherent obstacles of poverty and build a more stable, secure and fulfilling life. Throughout the developing world, people are excluded from access to financial services by barriers like meager, unsteady income; illiteracy; gender bias; expensive transportation and geographic isolation. To address these challenges, Opportunity carefully crafts savings, loan, training Read more…

Posted in Loans, Our Work, Resources, Technology
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What We’re Reading: “Rural and Agricultural Finance in the Spotlight at Cracking the Nut Conference”

A few weeks ago, Shari Berenbach, Director of USAID’s Microenterprise Development Office, wrote a blog post on the USAID’s IMPACTblog reported on a conference held in Washington that directly addressed the problems that face agricultural microfinance, as 600 million smallholder farmers currently live on less than $2 a day. Speakers at the conference emphasized new Read more…

Posted in Bank Building, Our Work, Rural Outreach, Technology, What We're Reading, Where We Work
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What We’re Reading: “How Small Loans Are Pulling Kenyans Out of Poverty Trap”

Kenya’s Daily Nation posted a piece this weekend that applauded microfinance institutions for offering financial solutions that reach more Kenyan people at the bottom of the economic pyramid. The article praises microfinance for helping to alleviate poverty in the developing world. The microfinance model has proved to be ”a potent tool for increasing access to finance, expanding production and opening Read more…

Posted in Loans, Our Work, Rural Outreach, Savings, Technology, Training, Trust Groups, What We're Reading, Where We Work
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“Banking on Women” with Access to Microsavings

The following piece, “Banking on Women,” was published in USA Today‘s special supplement “Investing in Women & Girls” on Friday, March 4. In Blantyre, Malawi, dozens of women sell potatoes in the marketplace. But Grace Msowoya and her business partner Betty Louhana stand out. Frustrated by their small profit margins, they became the first women to Read more…

Posted in Events, Our Leadership, Our Mission and Vision, Resources, Rural Outreach, Savings, Technology, What We're Reading, Where We Work, Women's Opportunity Network
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