Blog Archives
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
The Passing of Ross Clemenger, a Pioneer of Opportunity Colombia
We were saddened to learn that one of ’s earliest supporters, Ross Clemenger, died unexpectedly on Sunday morning at the age of 88. More than forty years ago, Ross helped Opportunity make its first loan to client Carlos Moreno in Colombia, and the Canadian native was the first executive director and the founder of AGAPE, Read more…
Tagged agape, Carlos Moreno, Clients, Colombia, Ending Poverty, faith, Faith in Action, Financial services, Global Poverty, God, Implementing Members, In memoriam, Jim Frantz, Latin America, Loans, MFI, Microfinance, Mitzi Machado, Opportunity Canada, Opportunity Colombia, Opportunity International, Poverty, Ross Clemenger, support members, Transformation
Opportunity Colombia Receives Operational Banking License, Bringing Microfinance to More Impoverished Colombians
On Friday, June 22, the Superintendency of Finance in Bogotá, Colombia, granted Colombia the final operational banking license it needs to be a deposit-taking and full service bank. Opportunity Colombia‘s CEO Enrique Ordonez and his staff began the process of applying for this license 18 months ago in January 2011, and through perseverance, financial support, and a Read more…
Tagged Bank Building, Banking, Banking license, Bogotá, Clients, Colombia, displaced persons, Enrique Ordonez, Financial Access, Financial services, Global Poverty, Jon Yasuda, Latin America, Loans, MFI, Microfinance, news, Opportunity Colombia, Opportunity International, Poverty, Prayer, Savings, Spanish, Supporters, Training, Trust Groups, violence
What Makes a Good Father? Opportunity Colombia’s Chief Transformation Officer on Fatherhood and the Male Trust Group Project
Happy Father’s Day! As we celebrate with the fathers in our lives today, we’re examining what qualities make a good dad. For a group of our clients in a pilot project in Colombia, they’re examining that question in depth, and developing their leadership skills as men and fathers. In the post below, Jim Frantz, Opportunity Read more…
Tagged Children, Clients, Colombia, Community, Faith in Action, Family, Father's Day, Fathers, God, Jim Frantz, Latin America, local staff, Opportunity Colombia, Opportunity International, Proverbs, spouses, Training, Trust Group, wife

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