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With a Grant from Citi Foundation, Opportunity Brings Financial Solutions to More Colombians
Opportunity opened a financially-regulated, full-service bank to serve people living in extreme poverty in Bogotá, Colombia in early October. Leveraging a grant from Citi Foundation, a long-time supporter of programs promoting the economic empowerment and financial inclusion of low-income people, we’re developing the capacity to conduct formal banking transactions, including interest-bearing savings, with the goal Read more…
Tagged Bank Building, Bogotá, Citi Foundation, Clients, Colombia, Ending Poverty, Enrique Ordonez, grand opening, Henequen, Latin America, Loans, MFI, Microfinance, Opportunity Colombia, Opportunity International, Poverty, Progress Trust Group, regulated bank, Savings, Technology, Trust Groups
Starting a New Branch in Kyenjojo, Uganda: Building Community Relationships
is more than just and and business—it’s a way forward for many families with few resources and little hope. Wherever we work, we strive to understand the local communities and to get to know the families who use our resources. This is my fourth in a six-part blog series that explores how we serve the Read more…
Tagged Africa, bank branch, Bank Building, Clients, Financial Access, informal banking, Kyenjojo Blog Series, Kyenjojo branch, Loans, Microfinance, Opportunity International, Opportunity Uganda, Portfolios of the Poor, Portfolios of the Poor: How the World's Poor Live on $2 a Day, Poverty, Savings, Uganda
Getting to Know the Community
is more than just and and business—it’s a way forward for many families with few resources and little hope. strives to understand the local communities and to get to know the families who are improving their lives through our tools. This is my second post in a multi-part blog series about a new branch in Read more…
Tagged Africa, Bank Building, Clients, Community, Financial services, Kyenjojo Blog Series, Kyenjojo branch, Loans, Microfinance, Mubende, Opportunity Blog, Opportunity International, Opportunity Uganda, Poverty, subsistence farming, Training, Transformational Training, Uganda
Success Story: Banking on Africa Campaign
In 2008, embarked on its most ambitious effort to date, a $123.6 million Banking on Africa campaign to expand financial services for impoverished families throughout sub-Saharan Africa. With the partnership of our committed supporters, we’re celebrating the successful completion of this campaign and we’re confident we’ll reach our Banking on Africa goal: to reach five Read more…
Tagged Africa, Bank Building, Banking on Africa, Banking on Africa Campaign, Clients, Community, DR Congo, DRC, Ending Poverty, Financial services, Global Poverty, Impact, Insight Trip, Kinshasa, Loans, Masina, MFI, Microfinance, Online fundraising, Opportunity DRC, Opportunity International, Poverty, strategic partners, sub-Saharan Africa, Trust Group
Opportunity Colombia Receives Operational Banking License, Bringing Microfinance to More Impoverished Colombians
On Friday, June 22, the Superintendency of Finance in Bogotá, Colombia, granted Colombia the final operational banking license it needs to be a deposit-taking and full service bank. Opportunity Colombia‘s CEO Enrique Ordonez and his staff began the process of applying for this license 18 months ago in January 2011, and through perseverance, financial support, and a Read more…
Tagged Bank Building, Banking, Banking license, Bogotá, Clients, Colombia, displaced persons, Enrique Ordonez, Financial Access, Financial services, Global Poverty, Jon Yasuda, Latin America, Loans, MFI, Microfinance, news, Opportunity Colombia, Opportunity International, Poverty, Prayer, Savings, Spanish, Supporters, Training, Trust Groups, violence
What We’re Watching: Kadita “A.T.” Tshibaka’s Voice of America Interview on Congo Grand Opening
Following the grand opening of our first regulated microfinance institution in the DR Congo, Congolese native and Opportunity supporter Kadita “A.T.” Tshibaka appeared on Voice of America‘s In Focus TV program, which airs throughout Africa, to discuss the growth of microfinance in the DRC and the impact of Opportunity DRC on the lives of the Read more…
Tagged Bank Building, Banking on Education, Children, Clients, Congo, Congolese, Democratic Republic of Congo, DR Congo, DRC Grand Opening, Education, Education finance, Ending Poverty, Financial services, Kadita “A.T.” Tshibaka, Kinshasa, Loans, Media, MFI, Microfinance, Opportunity DRC, Opportunity International, Poverty, Schools, Students, TV
Grand Opening Today of Opportunity DR Congo: Expanding Microfinance to One of World’s Most Impoverished Countries
Today at 10:00 a.m. local time, Opportunity International celebrated the grand opening of Opportunity Democratic Republic of Congo (DRC) in the capital city of Kinshasa, expanding our network of microfinance institutions to the Congo. The grand opening ceremony was attended by local government officials and dignitaries, Opportunity representatives from the DRC and the United States, as Read more…
Tagged Africa, Bank Building, Biamba Marie Mutombo Hospital, Congo, Congolese, Democratic Republic of Congo, Dikembe Mutombo, dikembe mutombo foundation, DR Congo, DRC, DRC Grand Opening, Ending Poverty, Events, Financial services, Francis Pelekamoyo, Gilbert Lagaillarde, Kadita "A.T." Tshibaka, Kinshasa, NBA, Opportunity Congo, Opportunity DRC, UNDP
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…
Tagged Africa, Agricultural finance, Agriculture, Bank Building, Banking on Africa, Community, Crop insurance, Ending Poverty, Farmers, Financial services, Food security, IFAD, IFAD rural poverty report, Loans, market linkages, Markets, MFI, Microfinance, Opportunity International, Poverty, Rural Outreach, Savings, Smallholder farmer, Training, Weather-index crop insurance
