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Blog Archives
Year-end Update from MicroEnsure, Providing a Powerful Safety Net for the World’s Most Vulnerable People
As we approach the end of year, we’re celebrating a big 2011 full of growth for MicroEnsure, Opportunity International‘s microinsurance subsidiary. Here are a few highlights from the year in review… • During 2011, MicroEnsure grew ten-fold in Africa to cover more than one million people in Ghana, Kenya and Tanzania. Within two years, the Read more…
Tagged Africa, Cell Phones, Client Stories, Clients, disability insurance, floods, Ghana, Health insurance, Kenya, Kilimanjaro, life insurance, MFI, Microensure, Microfinance, Microinsurance, Mobile Phones, Opportunity Ghana, Opportunity International, property insurance, Tanzania, Technology, Tigo
Building Access to Savings and Financial Services
Despite a desire to save and plan for the future, impoverished people are often excluded from commercial banks. In fact, fewer than 10% of people living on less than $2 a day have access to savings accounts. In the last 40 years, Opportunity International has become a global leader in building regulated banks that provide Read more…
Tagged 40th anniversary, Africa, Client Stories, Clients, Community, Conference, Daryl Collins, Ending Poverty, Financial services, Ghana, Global Poverty, Loans, Microfinance, mobile banking vehicle, mobile banks, OIC2011, Opportunity International, Opportunity International Microfinance Conference, Portfolios of the Poor, Portfolios of the Poor: How the World's Poor Live on $2 a Day, Savings, Women
What We’re Reading: The Huffington Post on a Microfinance Client in Bogotá
The following post, “Turning Bogota’s Red Light Green: The Miracle of Microfinance,” by Elmira Bayrasli, was published on The Huffington Post on Monday, Sept. 12. It explores the impact of Opportunity’s microfinance work in Colombia, including loans, savings and training, on one Bogotá client. The original post on huffingtonpost.com can be found by clicking here. Bogotá’s Read more…
Tagged Blog, Bogotá, Client Stories, Clients, Colombia, Community, Ending Poverty, Financial services, Global Poverty, Huffington Post, Latin America, Loan Officer, Loans, MFI, Microfinance, Opportunity Colombia, Opportunity International, Poverty, Savings, Training, Women
Retrospective on Opportunity’s 40 Years: Spotlight on the 1990s
Opportunity International celebrates its 40th anniversary this year. In honor of our four decades partnering with microfinance clients, we’re taking a look back at all the triumphs and joys of helping people around the world create change in their lives. A Look Back at the ’90s In the 1990s, Opportunity expanded into new continents, bringing tremendous Read more…
Tagged 40th anniversary, 40th anniversary year-end campaign 2011, Africa, Bank Building, Client Stories, Clients, Eastern Europe, Ending Poverty, Financial services, Ghana, Global Poverty, Loans, MFI, Microfinance, Opportunity Ghana, Opportunity International, Poverty, Women
My First Trust Group Experience, a Traveler’s Report from Uganda
We rose early today and split into two groups with ours visiting a Trust Group in Kampala, which is the bustling capital of Uganda. We meandered down the shopping district, winding our way through an orderly confusion of shops, street vendors and a sea of humanity. It was hot and dry and the red dust Read more…
Tagged Africa, Banking on Africa, Banking on Africa Campaign, Banking on Africa Insight Trip 2011, boda boda, Client Stories, Clients, Ending Poverty, Financial services, Global Poverty, Insight Trip, Kampala, Loan Officer, Loans, MFI, Microfinance, Opportunity International, Opportunity Uganda, Poverty, Trust Groups, Uganda
Unlocking Potential Through the Power of Education
Opportunity’s financial products, educational programs and business training help impoverished families, especially women, develop their capacity to the fullest. Where poverty is the way of life, people’s potential is often overshadowed by the struggle to survive. But when equipped with the right tools, even the most vulnerable are able to change their own world and create a better future for their Read more…
Tagged 2010 Annual Report, Africa, Banking on Education, Children, Client Stories, Clients, Community, Education, Education finance, Ending Poverty, Financial services, Ghana, IDP Foundation Rising Schools Program, Loans, Malawi, Microfinance, School Proprietor Loans, Schools, Uganda
Tanzania Reporter Meets Emilia P. Mtei of the Chapakazi Trust Group
She is part of the Trust Group called Chapakazi (translation: Hard-Working) based in Moshi, Tanzania. Her passion is working at her small grocery store where she sells fish, avocados and various other vegetables. Emilia looks over at her loan officer Levina and laughs aloud as we YAO members ask her questions about her loan success Read more…
Tagged 2011 YAO Insight Trip, Africa, Banking on Women, Client Stories, Clients, Community, Ending Poverty, Financial services, Global Poverty, guest blog, Insight Trip, Loan Officer, Loans, MFI, Microfinance, Moshi, Opportunity Blog, Opportunity International, Opportunity Tanzania, Poverty, small business loans, Tanzania, Trust Groups, YAO, Young Ambassadors for Opportunity
My Inspirational Meeting in Malawi with Microfinance Client Mary Jackson
Recently, Opportunity International staff members traveled to Malawi, seeing firsthand how technology enables us to deliver microfinance services to rural people living in extreme poverty. They met with Opportunity Malawi clients and local staff to capture the stories of entrepreneurs who are working hard to break the cycle of poverty. Below, read staff member Cynthia’s account of her meeting with Read more…
Tagged Africa, Blantyre, Children, Client Stories, Clients, Community, Community development, Credit Suisse, Education, Electronic wallet strategy, Ending Poverty, Entrepreneurs, Entrepreneurship, Female entrepreneurs, Financial services, Global Poverty, Loans, Malawi, Microfinance, Mobile Banking, mobile banking vehicle, mobile branches, Mozambique, Mulanje, OIBM, Opportunity International, Opportunity International Bank of Malawi, Opportunity Malawi, Poverty, Satellite bank branch, Savings, staff, success story, Technology, Training, videos, Women
Students of the World (SOW): Ghanaian Agricultural Finance Client Beatrice is a “Lady of the Land”
The Students of the World (SOW) Boston team has just returned from a month-long trip to Ghana to visit Opportunity Ghana‘s microfinance operations and document their experiences in dozens of photos, posts and more on their blog. You can see all their updates and content on their site, and stay tuned to the Opportunity Blog and our Read more…
Tagged Africa, Agricultural finance, Agriculture, Agriculture Microfinance, Blog, Blogging, bonsaaso, Client Stories, Clients, cocoa, cocoa farmer, crops, Education, Ending Poverty, Facebook, Farmer, Financial services, Ghana, Global Poverty, guest blog, Kumasi, Loans, MFI, Microfinance, Opportunity Blog, Opportunity Ghana, Opportunity International, Poverty, Savings, Smallholder farmer, Students of the World, Trust Groups, Women
Day 4: “Dream Big” – Opportunity Colombia Empowers Young Entrepreneurs, Mothers, Trust Groups & More through Microfinance
The following travel post was written by Jeannette Stewart, a member of the Opportunity International Board of Governors living in Maryland. This week, Jeannette is traveling with her son on the Opportunity Family Week Insight Trip to Colombia. Other Colombia travelers have written posts this week too, catch up on all their adventures by reading Read more…
Tagged Board of Governors, Cartagena, Client Stories, Clients, Colombia, Colombia Family Week Trip 2011, displaced persons, Education, Ending Poverty, Entrepreneurs, family week trip, Financial services, Global Poverty, individual loan client, Insight Trip, Loans, MFI, Microfinance, Mothers, Opportunity Colombia, Opportunity International, Poverty, roof and floor program, small business loans, Trust Groups, Women, Youth, Youth Entrepreneur Program
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