Blog Archives

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…

Posted in Loans, Microinsurance, Our Work, Rural Outreach, Savings, Where We Work
Tagged , , , , , , , , , , , , , , , , , , , , , , , ,

Empowerment through Microfinance–Meeting Rwandan Microfinance Client Dorosera Mukagahima

Dorosera Mukagahima made our long two-hour bus ride worth the trek to her remote village. She’s the elected treasurer in her Trust Group of about 30, mostly women. In her business she buys and sells goats—about three at a time. She proudly told us of her sturdy mud brick home with a metal roof, situated Read more…

Posted in Insight Trips, Loans, Our Work, Trust Groups
Tagged , , , , , , , , , , , , , , , , , , , , , ,

An Outstanding Group of Ugandan Microfinance Clients

These people meet weekly in this very, very rough setting to repay their loans. They must each be current on their payments for the group to be deemed current. They all are. On their own (not an idea from the bank) over the past few years this informal group has established a “reserve fund.” The Read more…

Posted in Insight Trips, Loans, Our Work, Where We Work
Tagged , , , , , , , , , , , , , ,

Embarking on My Journey to Rwanda & Uganda

For one week, our group of eleven will visit Opportunity International’s work in Africa. I invite you to come along on this adventure. Our motley crew rendezvoused in Rwanda on Saturday, August 6, and for the next week we’ll keep you posted on what we’re doing and feeling. We’re going on this journey, traveling through Read more…

Posted in Bank Building, Insight Trips, Loans, Our Work, Where We Work
Tagged , , , , , , , , , , , , ,

YAO-ZA! Young Ambassadors Launches its Denver Chapter

The following post was written by YAO member and YAO-ZA! co-organizer Amy Steinhoff. Greetings from the Denver chapter of Young Ambassadors for Opportunity (YAO). We are thrilled to officially become part of the YAO network after YAO-ZA!, our successful chapter launch on Saturday, May 21st. Thanks to a dedicated team and the generous support of Read more…

Posted in Events, Young Ambassadors for Opportunity
Tagged , , , , , , , , , , , , , , , , , ,

What We’re Reading: Opportunity Rwanda’s Daniel Ryumugabe & Chicago Supporters Gather to Discuss Left to Tell

On Monday, I joined 15 women for a meeting of the Chicago Women’s Book Discussion Group in the home of Kim Stephens, a member of Opportunity International‘s Board of Governors. The group, led by my Opportunity colleague, regional director Linda Vander Weele, has been meeting regularly for the past two years to discuss books that touch upon Read more…

Posted in Board of Governors, Events, Faith in Action, Women's Opportunity Network
Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Daniel Ryumugabe on Rwandan Microfinance and Transformation

Meet Daniel Ryumugabe, the transformational impact manager from Urwego Opportunity Bank (UOB) of Rwanda. Daniel arrived in the U.S. last Saturday for a three-week visit, and several Opportunity staff and supporters had the chance to meet him yesterday at a lunch-and-learn in our Oak Brook offices. About life in Rwanda today, he told us, “Today, Read more…

Posted in Events, Local Staffing, Where We Work, Young Ambassadors for Opportunity
Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Caterpillar Foundation Extends Corporate Giving Challenge, New $1M Match in 2011 to Reach More with Microfinance

This week, Opportunity International and the Caterpillar Foundation, the charitable arm of global equipment manufacturer Caterpillar Inc., announced the successful culmination of its 2010 Corporate Giving Challenge raising $2 million in total donations. The Foundation also announced a new pledge to match an additional $1 million in new business and corporate donations to Opportunity in 2011. These Read more…

Posted in Events, Strategic Partners
Tagged , , , , , , , , , , , , , , , , , , , ,

Empowering Rwandan Women in Microfinance

By Jeffrey Lee, CEO of Urwego Opportunity Bank (UOB) of Rwanda In Rwanda, gender equality is real. For example, more than 50% of the Rwandan senators are women. The chief justice is a woman. Approximately 40% of the state ministers are women, including the ministers of agriculture, of trade, of foreign affairs. Indeed, women are Read more…

Posted in Events, Local Staffing, Microfinance Conference, Strategic Partners, Where We Work, Women's Opportunity Network
Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Microfinance Loan Officers Go Green with Electronic Bikes

Opportunity International’s loan officers are going green. They are traveling to loan client locations with the assistance of electric bicycles. If electric cars are the epitome of a culture that is constantly trying to reduce its carbon footprint, then electric bicycles (e-bikes) rank in the same category. That’s why Daryl Skoog, Opportunity International’s SVP of Read more…

Posted in Local Staffing, Our Work, Rural Outreach, Technology
Tagged , , , , , , , , , , , , , , , , , , , , , ,