Blog Archives

Spotlight on Agricultural Finance: An Interview with an Agriculture Finance Officer

“Most of the world’s poor are smallholder farmers and their families. By targeting them, we can dramatically reduce extreme poverty and food insecurity.” -UN secretary-general Ban Ki-moon, addressing the Malawian parliament on May 29, 2010. Through a grant from the Bill & Melinda Gates Foundation and the MasterCard Foundation, Opportunity is now offering greater financial Read more…

Posted in Loans, Local Staffing, Our Work, Rural Outreach, Savings, Strategic Partners, Technology, Training, Where We Work
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The Potential of Cell Phone Banking

Wondering if cell phone banking can reach the unreachable? CGAP Technology Blog has published the results of a discussion with Daryl Collins (co-author of Portfolios of the Poor) and Olga Morawczynski (of Grameen Foundation) from June’s Mobile Money Summit, an examination that highlights some of the keys to effective cell phone banking. Blog author Mark Read more…

Posted in Events, Our Work, Technology, What We're Reading, Where We Work
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What YAO is reading: Portfolios of the Poor

Last night, at Noble Tree cafe in Lincoln Park, YAO-Chicago held a book discussion for Portfolios of the Poor: How the World’s Poor Live on $2 a Day. If you missed it, never fear. There will be more book discussions in YAO‘s future. In fact, we may have a followup to the discussion of Portfolios, a Read more…

Posted in Events, What We're Reading, Young Ambassadors for Opportunity
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Opportunity International’s MicroEnsure Named Runner-up

Congratulations to Opportunity International’s subsidiary MicroEnsure, which has been named runner-up for the 2010 Financial Times Sustainable Banking Award for Banking at the Base of the Pyramid. MicroEnsure was recognized for its successful health insurance product serving the low-income market in India. This was the first product in India to provide coverage for maternity and pre-existing Read more…

Posted in Microinsurance, Our Work
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A Closer Look: Opportunity’s Work in Colombia

Opportunity International’s very first loan was made in Colombia in 1975. Since then, Opportunity Colombia has been working to provide stable financial systems to reduce unemployment, social unrest and violence in the country. And it’s working to become a national-scale bank offering loans, savings, insurance and training to Colombians living in poverty. Opportunity Colombia’s current initiatives: • Launching Read more…

Posted in Bank Building, Insight Trips, Loans, Our Mission and Vision, Our Work, Training, Where We Work
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Is access to financial services a human right?

Opportunity International’s April DuBois opened her presentation today at the 7th International Human Rights Forum in Lucerne, Switzerland, with this question. She and Opportunity’s Daryl Skoog  partnered with Fabian Huwyler of Credit Suisse to present a special workshop on “Electronic Wallets – Reaching More of the World’s Poor with Financial Access.” And back in the States, Read more…

Posted in Events, Loans, Microinsurance, Our Mission and Vision, Our Work, Rural Outreach, Savings, Technology, Training
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An armchair tour of Tanzania at Opportunity’s Spring Conference

The following is a guest post by Ed Kashmarek  Opportunity’s Spring Conference, hosted last weekend by the Board of Governors in Scottsdale, Ariz., included a breakout session on Tanzania. Attendees were immediately transported to the country by a giant image of majestic Mount Kilimanjaro towering over bright yellow giraffes, accompanied by the soulful, seductive sounds of Tanzanian music.  Read more…

Posted in Board of Governors, Events, Our Mission and Vision, Our Work, Young Ambassadors for Opportunity
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Young Ambassador Reporting from Tanzania

On Sunday, Feb. 21, I flew from Chicago, Ill., to Dar es Salaam, Tanzania. After almost two days of travel, I stepped out of the Julius Nyerere International Airport into humid, 90 degree weather. I knew I was in Tanzania. Thankfully, my luggage arrived with me and I went on to the Opportunity Tanzania head office.  Over Read more…

Posted in Bank Building, Insight Trips, Young Ambassadors for Opportunity
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Gaining Insight into Women Worldwide

An important component of celebrating International Women’s Day is being aware of and recognizing the difficulties and challenges women still face daily around the world. Opportunity International believes you can even take the common cliché “think globally, act locally” and apply it to this day. We plan on doing this for our in-office International Women’s Read more…

Posted in Events, Insight Trips, OptINnow, Our Work, Women's Opportunity Network
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Voices of the Poor – Parmila Das

The landmark Voices of the Poor study, published by the World Bank in 2000, sought the opinions and testimony of 60,000 of the world’s poor through information gathered in small discussion groups. Parmila Das was one participant profiled in the study. She lived in India and was a widow with two young children. She struggled Read more…

Posted in Our Mission and Vision, What We're Reading
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