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An Opportunity for Scrooge & the Untapped Power of George Bailey
Bathed in the spotlight, Ebenezer Scrooge towered above the audience, sitting atop a 10-foot-tall desk in the opening scene of “A Christmas Carol.” My eye was drawn to the sign posted in front of his shop: “Scrooge and Marley Money Lenders.” It dawned on me that Scrooge was, in reality, a tight-fisted microfinance lender who Read more…
With a Grant from Citi Foundation, Opportunity Brings Financial Solutions to More Colombians
Opportunity opened a financially-regulated, full-service bank to serve people living in extreme poverty in Bogotá, Colombia in early October. Leveraging a grant from Citi Foundation, a long-time supporter of programs promoting the economic empowerment and financial inclusion of low-income people, we’re developing the capacity to conduct formal banking transactions, including interest-bearing savings, with the goal Read more…
Tagged Bank Building, Bogotá, Citi Foundation, Clients, Colombia, Ending Poverty, Enrique Ordonez, grand opening, Henequen, Latin America, Loans, MFI, Microfinance, Opportunity Colombia, Opportunity International, Poverty, Progress Trust Group, regulated bank, Savings, Technology, Trust Groups
Opportunity Teams Battle Hurricane Sandy & Cyclone Neelam at Home and Abroad
As many of our own Opportunity team members along the East Coast of the U.S. await power and water services following Hurricane Sandy, we join the rest of America in mourning the loss of life and the destruction of property. We applaud our first responders and the many public officials guiding us through these trying Read more…
Tagged CEO, Chennai, cyclone, Events, Global Microfinance Operations, GO Finance, Habitat for Humanity, Harry Turner, in the news, India, Loans, MFI, Microensure, Microinsurance, natural disasters, Opportunity India, Opportunity International, Sam Chandar, Tamil Nadu
Poverty Eradication Day: Education for a Better Future
Though few need a day to remind them that people around the world live in extreme poverty–in fact, more than half the world lives on less than $2 a day–today is the UN International Day for the Eradication of Poverty, to raise awareness of and support for the issues that cause and result from chronic Read more…
Tagged Africa, Ashaiman, Banking on Education, Children, Clients, Community, Education, Education finance, Ending Poverty, Events, Financial services, Gabriel Addai Duah, Ghana, IDP Foundation, IDP Rising Schools, India, International Day for the Eradication of Poverty, Loan Officer, Loans, Malawi, Mercy Senyegah, MFI, Microfinance, Opportunity International, Poverty, Poverty Eradication Day, Richmercy School, School fee loans, School Proprietor Loans, school proprietors, Schools, Send a Girl to School, Students, Students of the World, Training, Uganda, videos
Today on World Food Day, there’s Hope for an End to Hunger
Globally, nearly 870 million people are undernourished–about 12% of the world’s population. It’s World Food Day and social media is buzzing with challenging facts and stats about hunger, like the ones in this post. This information is important. There’s no doubt that it’s one of the great injustices that children anywhere go to bed hungry, that Read more…
Tagged Africa, Agricultural finance, Agriculture, Children, Community, Crop insurance, Ending Hunger, Ending Poverty, FAO, Financial services, Food and Agriculture Organization, Food security, Ghana, Global Poverty, IFAD, International Fund for Agricultural Development, Loans, Made for Good, MFI, Microfinance, Microinsurance, Millennium Development Goals, Opportunity International, Poverty, sub-Saharan Africa, Training, Weather-index crop insurance, Women, World Food Day, World Food Programme, world hunger
Lend Your Voice to The Global Appeal for Responsible Microfinance
The following post was originally published on the Center for Financial Inclusion blog by Meghan Greene, Manager of the Microfinance CEO Working Group, the Center for Financial Inclusion at Accion. Today, in front of the 3,000 attendees of the Convergences 2015 World Forum in Paris, microfinance leaders unveiled the “Global Appeal for Responsible Microfinance,” a landmark Read more…
Tagged Accion, Client Protection Principles, Clients, Ending Poverty, Financial services, FINCA, Freedom from Hunger, Global Poverty, Loans, MFI, Microfinance, Microfinance CEO Working Group, Millennium Development Goals, Opportunity International, Paris, Poverty, Pro Mujer, Un millennium development goals, VisionFund International, Women's World Banking, World Vision
Microfinance’s Risky Lending Is a Safe Bet
The following post by Kadita “A.T.” Tshibaka, on our Board of Directors, was originally published on The Huffington Post. As I look at the microfinance industry globally, I’m encouraged by the trends and the progress we’ve achieved so far. Whether you search in Wikipedia, CGAP or MIX Market, whatever the source of the data and Read more…
Tagged Africa, Board of Directors, CGAP, Clients, code of conduct, Community, Education, Ending Poverty, Financial services, Global Poverty, Huffington Post, Kadita "A.T." Tshibaka, Loan Officer, Loans, MFI, Microfinance, Microfinance industry, mitigate risk, MIX Market, Opportunity International, Poverty, Savings, Smart Campaign, Training, Transformational Training, Uganda, what we're reading
