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Opportunity Ghana Innovates to Reach More Marginalized Clients
Opportunity Ghana is using innovative technology to provide financial services to a greater number of impoverished people in remote and rural areas of the country, many of whom have never before had access to formal banking. Through a “hub-and-spoke” method, Opportunity International uses low-cost delivery methods, including kiosk satellite branches, point-of-sale (POS) devices, cell phone Read more…
Tagged accra, Africa, Banking, Cell phone banking, Clients, Community, Ending Poverty, Financial Access, Financial services, Ghana, Kumasi, Loan Officer, Loan repayment, Loans, Microfinance, mobile banking vehicle, OISL, Opportunity Ghana, Opportunity International, POS devices, Technology
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…
Tagged agent network, ATMs, awards, biometric technology, biometrics, capacity-building, Cell phone banking, Cell Phones, Clients, Colombia, Credit Suisse, Electronic wallet strategy, Financial services, Financial Times, Ghana, Insurance, International finance corporation, Loans, Malawi, MFI, Microfinance, Microinsurance, Mobile Banking, mobile banks, Opportunity International, POS devices, Rural Outreach, Savings, strategic partners, sustainable finance award, Technology, Temenos T24
What We’re Reading: The World Bank’s Africa Can… End Poverty Blog
The World Bank’s blogs cover a wide range of global economic issues. One blog titled Africa Can… End Poverty is run by Shanta Devarajan who is the Chief Economist for Africa at The World Bank. As continues to expand its work in Africa, including agricultural finance, mobile banking, and financial literacy training, I have highlighted three blog posts Read more…
Tagged Africa, Africa Can... End Poverty, Agricultural finance, Agriculture, Blogs, cassava, Cell phone banking, Cell Phones, Chile, Clients, Deanna Giolas, Ending Hunger, Ending Poverty, Financial services, Global Poverty, Indiana University, Mozambique, Opportunity International, Poverty, Smallholder farmer, subsistence farming, The New York Times, The World Bank, what we're reading
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…
Tagged 2012 Chicago Microfinance Conference, Africa, ATMs, Cell phone banking, Cell Phones, Chicago Microfinance Conference, Clients, Colombia, Credit Suisse, Dennis Ripley, DePaul University, Ghana, Grameen, hub-and-spoke model, Kenya, Latin America, Loans, M-PESA, Malawi, MFI, Microfinance, Microinsurance, Nicaragua, Opportunity International, POS devices, Poverty, Richard Leftley, Savings, Smart Campaign, Students, Technology, Tigo, Uganda, Vittana, YAO, Young Ambassadors for Opportunity
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: “Ten Biggest Positive Africa Stories of 2011,” The New Yorker
“…Yes, there is tragedy in Africa, and you will always find it there, and we must take those tragedies seriously, but there is also extraordinary opportunity. And if you see this continent as the continent of the future, it sort of reframes it. This is a continent that, by 2050, will be the largest and Read more…
Tagged Africa, Arab Spring, Bono, Cell phone banking, DR Congo, elections, Ellen Johnson Sirleaf, famine, Ghana, Healthcare, Horn of Africa, Kenya, Liberia, life insurance, M-PESA, Microensure, Microinsurance, mobile phone banking, Nobel Peace Prize, Rwanda, Sudan, Tanzania, The New Yorker, Tigo, what we're reading
Breakout Session: Fighting Poverty with Technology
“There is never an end to the opportunities that are brought by technology; we are excited about what those are.” That’s how Daryl Skoog, senior VP of technology, ended his own introduction, as each of the members of the panel discussion was introducing themselves to the audience. Harry Turner, the panel facilitator and CEO of Read more…
Tagged Cell phone banking, Daryl Skoog, Ending Poverty, Financial services, Geoffrey Thige, Global Microfinance Operations, Harry Turner, Microensure, OIC2011, Opportunity International, Opportunity International Microfinance Conference, Opportunity Kenya, Poverty, Richard Leftley, Robert Westcott, Technology
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…
Tagged 2010 Annual Report, Africa, ATMs, biometric fingerprint technology, Cell phone banking, Democratic Republic of Congo, DR Congo, DRC, Ending Poverty, Insurance, Loans, Microfinance, mobile banks, Opportunity International, point-of-sale devices, satellite branches, Savings, Technology, Training
