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What We’re Reading: Last Week’s Insight Trip to Colombia & Nicaragua
Opportunity International staff and contributors just returned this week from the first Insight Trip of 2012. Their travel adventure took them to Colombia and Nicaragua where they experienced microfinance firsthand and met our staff and clients. Four of our travelers published their personal accounts and reflections on a travel blog at adventuringincolombianicaragua.tumblr.com and we’ve loved reading each Read more…
Tagged Adventuring in Colombia & Nicaragua, Agricultural finance, Blog, Clients, Colombia, Ending Poverty, Financial services, Insight Trip, Latin America, Loans, local staff, Microfinance, Nicaragua, ojala, Opportunity Colombia, Opportunity International, Opportunity Nicaragua, Poverty, Savings, Training, Travel, Trust Groups, Tumblr
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
Opportunity Tanzania is Listening to Microfinance Clients and Growing
Opportunity Tanzania achieved strong growth during 2011. As of September 30th, Opportunity Tanzania was serving 5,705 microentrepreneurs with loans, reflecting an 84% growth in just nine months, having begun 2011 with 3,093 clients. Entrepreneurs like produce seller Joyce Williamson (pictured) are using loans to improve their businesses and generate more income for their families. More Read more…
Solar Panel Loans Offer a Beacon of Light for Ugandan Families
In November, launched a solar energy loan to provide power to families currently living with no or unreliable electricity. Opportunity Uganda is now offering clients like Betty Aute (pictured right), a papyrus weaver and mother of two, a solar panel loan of about $300, which covers panels and installation and is repayable over two years, to Read more…
Tagged Africa, Clients, electricity, Ending Poverty, Financial services, Global Poverty, Loans, MFI, Microfinance, Opportunity International, Opportunity Uganda, solar panels, Technology, Uganda
Skip the Mall Today
We’re offering a way for you to skip the mall and spread the joy all at the same time. Instead of fighting the crowds on Black Friday, order Opportunity International gift cards at opportunity.org/giftcard for all your family and friends. With our gift cards, they’ll experience the joy of helping an entrepreneur like Margaret Wangui (pictured) grow her business Read more…
Tagged Africa, Black Friday, Christmas, Clients, Ending Poverty, Gift Cards, Kenya, Loans, Margaret Wangui, MFI, Microfinance, Nairobi, Opportunity International, Opportunity Kenya, Poverty
Carlos Moreno-The Success of Opportunity’s First Microfinance Client
Carlos Moreno was a small business owner selling spices in Santiago de Cali, Colombia, but he knew he needed additional funding in order to grow his business. In 1971, Carlos became Opportunity International’s very first loan client. Today, Carlos says, “My loan helped me expand my business so I could sell 52 different spices, teas and medicinal herbs.” With the Read more…
Meet Ugandan Staff Member Frida Mungoma, Education Finance Manager
This past Monday, just after arriving in the United States, Opportunity Uganda‘s Education Finance Manager Wakhasa Frida Mungoma–known as Frida–sat down with me at the Opportunity-US offices in Oak Brook, Ill. for a discussion of her work, the challenges she faces and the most rewarding aspects of her job. Below, see brief excerpts of my Read more…
Tagged Africa, Education, Education finance, Ending Poverty, Financial services, Frida Mungoma, international staff, Loans, MFI, Microfinance, Opportunity International, Opportunity Uganda, Poverty, School Proprietor Loans, school proprietors, Students, Uganda, Women, YAO, YAO - San Francisco, YAO-New York, Young Ambassadors for Opportunity
Growing Rural Economies through Agricultural Finance in Africa
In the last decade, Opportunity International embarked on an agricultural finance and rural savings program to spur economic activity and provide enduring resources for smallholder farmers and other rural clients in five African countries, including Uganda, Ghana, Malawi, Mozambique and Rwanda. Opportunity’s approach is to help farmers move from subsistence growing to cash crop production Read more…
Tagged Africa, Agricultural finance, Agriculture, Breakout session, coffee farmer, Crop insurance, Ending Poverty, Insurance, John Magnay, Loan Officer, Loans, MFI, Microfinance, OIC2011, Opportunity Ghana, Opportunity International, Opportunity International Microfinance Conference, Opportunity Malawi, opportunity mozambique, Opportunity Rwanda, Opportunity Uganda, Poverty, Savings, Smallholder farmer, Training
A Call for Sustainable Development on Oct. 17, United Nations Poverty Eradication Day
“People living in poverty face increasingly difficult challenges as climate change, environmental degradation and rising food prices threaten their livelihoods and survival.” -United Nations’s Division for Social Policy and Development Today, October 17, is the United Nations International Day for the Eradication of Poverty (IDEP) and this year’s theme is “From Poverty to Sustainability: People Read more…
Tagged Agricultural finance, Alliance to End Hunger, Clients, Climate Change, Ending Hunger, Ending Poverty, Feed the Future Guide, Financial services, Food security, Global Poverty, International Day for the Eradication of Poverty, John Magnay, Julie Howard, Loans, MFI, Microfinance, Opportunity International, Opportunity International Microfinance Conference, Richard Leftley, The Philippines, Tony Hall, United Nations, USAID, Weather-index crop insurance
Breakout Session: Banking on Education
A quality education empowers students with the skills and abilities to secure higher paying jobs, build strong families and help in the economic development of their communities. Today, we discovered how Opportunity’s Banking on Education program is increasing educational opportunities for more than 120,000 children in underserved neighborhoods in Ghana, Malawi and Uganda. The panelists Read more…
Tagged Africa, Banking on Education, Char Caldwell, Children, Education, Ending Poverty, Financial services, Geoffrey Thige, Ghana, Kenya, Liesel Pritzker, Loans, Malawi, Microfinance, OIC2011, Opportunity International, Opportunity International Microfinance Conference, Opportunity Kenya, School fee loans, Uganda, USAID, YAO, Young Ambassadors for Opportunity
