Blog Archives

What We’re Reading: “Rural and Agricultural Finance in the Spotlight at Cracking the Nut Conference”

A few weeks ago, Shari Berenbach, Director of USAID’s Microenterprise Development Office, wrote a blog post on the USAID’s IMPACTblog reported on a conference held in Washington that directly addressed the problems that face agricultural microfinance, as 600 million smallholder farmers currently live on less than $2 a day. Speakers at the conference emphasized new Read more…

Posted in Bank Building, Our Work, Rural Outreach, Technology, What We're Reading, Where We Work
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The Christian Science Monitor on Biometrics & Mobile Money at Opportunity Malawi

The Christian Science Monitor today posted an article entitled, “Villages Leapfrog the Grid with Biometrics and Mobile Money,” which lauds these technologies as a way for people at the bottom of the economic pyramid to access financial services and protect themselves in the case of drought and disasters. Today’s story is part of a series Read more…

Posted in Rural Outreach, Technology, What We're Reading, Where We Work
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Mobile Banking Reaches Remote Microfinance Clients in Malawi, Tanzania

Mobile banking including mobile phone banking continues to be one of the great success stories in poverty alleviation for geographically remote microfinance clients in sub-Saharan Africa. Yesterday, the Bureau of International Information Programs at the U.S. State Department published an online article highlighting the ways in which mobile banking is reaching more geographically remote clients in Tanzania and Read more…

Posted in Bank Building, Microinsurance, Our Leadership, Rural Outreach, Savings, Technology, What We're Reading, Where We Work
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What We’re Watching: Podcast on Mobile Phone Banking from Gates Foundation

There’s an opportunity for banking to be an innovator. To take advantage of technology that’s out there to solve the problem of how do we serve clients in a more cost-effective way, closer to where they live. -From the podcast: “Efforts by Banks: OIBM, Part 2″ in the series “Mobile Money-Mobile Banking“ Tamara Cook, program officer, Read more…

Posted in Our Work, Strategic Partners, Technology, Where We Work
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CGAP Report: Mobile Phone Banking Effectively Reaches the Unbanked

CGAP Technology Blog posted a report yesterday on the effectiveness of “branchless banking” (mobile phone banking) in seven countries, with eight high profile m-banking providers, including M-PESA in Kenya and Tanzania. Among the highlights: 37% of active clients now in the formal financial system through mobile phone banking were previously unbanked… Mobile phone banking is scaling faster than Read more…

Posted in Bank Building, Our Work, Technology, What We're Reading
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What We’re Reading: Putting Savings in the Bank in the Era of Climate Change

Every Wednesday, we highlight an article, book or a blog in our “What We’re Reading” series. We feature works that are noteworthy, inspiring, educational or relevant to the work we do at Opportunity. We welcome your comments in the comment field below–tell us what you’re reading, or respond to the piece we’ve highlighted. The following Read more…

Posted in Loans, Local Staffing, Our Work, Savings, Technology, Uncategorized, What We're Reading, Where We Work, Women's Opportunity Network
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What We’re Reading: “Investing in Women & Girls” (MediaPlanet supplement, USA Today)

 Every Wednesday on our blog, we highlight an article, book or a blog in our “What We’re Reading” series. We’ll feature pieces or works that are noteworthy, inspiring, educational or relevant to the work we do at Opportunity. We welcome your comments in the comment field below–tell us what you’re reading, or respond to the Read more…

Posted in Our Work, Strategic Partners, What We're Reading, Women's Opportunity Network
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Innovations in Technology–Reaching More Clients

Daryl Skoog, Opportunity’s SVP of technology, develops innovations that improve the lives of our clients. Recently, I had the chance to join a conference call with the Colorado-based Skoog to learn about the exciting strategies and products he’s working on. Some highlights from the call: Cell phone banking[/intlink] is one of the most exciting tools to bring Read more…

Posted in Bank Building, Our Work, Rural Outreach, Technology, Where We Work
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Top 5 Posts About Technology

Cell phone banking, smart cards featuring biometric technology, land-mapping using GPS: technology innovations are expanding the reach of microfinance in the developing world. Learn and go deeper into microfinance with five of our all-time favorite Opportunity blog posts about technology: Chicago Microfinance Conference: Can Technology Innovations Transform Microfinance? (5/10/10) Ask a Microfinance Expert: M-Banking (2/9/10) Read more…

Posted in Our Work, Technology, 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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