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	<title>Microfinance a Working Solution to Global Poverty &#187; Roger Thurow</title>
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		<title>What We&#8217;re Reading: Roger Thurow on Bill Gates at the Symposium on Global Agriculture &amp; Food Security</title>
		<link>http://www.opportunity.org/blog/what-were-reading-roger-thurow-on-bill-gates-at-the-symposium-on-global-agriculture-food-security/</link>
		<comments>http://www.opportunity.org/blog/what-were-reading-roger-thurow-on-bill-gates-at-the-symposium-on-global-agriculture-food-security/#comments</comments>
		<pubDate>Tue, 24 May 2011 21:09:55 +0000</pubDate>
		<dc:creator>Guest Post</dc:creator>
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		<guid isPermaLink="false">http://www.opportunity.org/?p=14470</guid>
		<description><![CDATA[The following post, &#8220;Expert Commentary&#8211;The Importance of Innovation&#8221; by Roger Thurow, was published today on the Chicago Council on Global Affairs&#8216; Global Food for Thought blog about the Symposium on Global Agriculture and Food Security that took place today in Washington, D.C.. Bill Gates came to the Chicago Council’s Symposium on Global Agriculture and Food<a href="http://www.opportunity.org/blog/what-were-reading-roger-thurow-on-bill-gates-at-the-symposium-on-global-agriculture-food-security/"> Read more...</a>]]></description>
			<content:encoded><![CDATA[<p><em>The following post, &#8220;<a  href="http://globalfoodforthought.typepad.com/global-food-for-thought/2011/05/expert-commentary-the-importance-of-innovation.html#more" target="_blank">Expert Commentary&#8211;The Importance of Innovation</a>&#8221; by Roger Thurow, was published today on the <a  href="http://globalfoodforthought.typepad.com/global-food-for-thought/" target="_blank">Chicago Council on Global Affairs</a>&#8216; </em><a  href="http://globalfoodforthought.typepad.com/global-food-for-thought/" target="_blank">Global Food for Thought</a> <em>blog about the <a  href="http://www.opportunity.org/blog/why-farming-todays-symposium-on-global-agriculture-food-security-in-washington-d-c/" target="_blank">Symposium on Global Agriculture and Food Security</a> that took place</em><em> today</em><em> in Washington, D.C..</em></p>
<p><a  href="http://www.opportunity.org/blog/what-were-watching-at-davos-bill-gates-and-the-needs-of-the-developing-world/" target="_blank">Bill Gates</a> came to the Chicago Council’s Symposium on Global Agriculture and Food Security with a confession.  “I’ve never been a farmer,” he said.  “Until recently, I rarely set foot on farm.”</p>
<p>Farmer Gates, no. But Innovator Gates, certainly.</p>
<p>So this was one of his messages to a standing room crowd.  In ending hunger through agriculture development, innovation is the key.</p>
<p>First, the challenge:</p>
<p>“Right now,” he said.  “the average farmer in <a  href="http://www.opportunity.org/press-releases/gates-and-mastercard-foundations-partner-with-opportunity-international-to-provide-financial-access-to-1-4-million-of-the-rural-poor-in-africa/" target="_blank">sub-Saharan Africa</a> gets just over a ton of cereal per acre.  An Indian farmer gets twice that; a Chinese farmer five times that; an American farmer seven times that.  Why is there this huge disparity?  Farmers in other regions have tools and techniques and resources that African farmers do not.  By offering farming families in Africa and South Asia those advantages, the least productive farms can come closer to the most productive.”</p>
<p>“How,” he asked, “can the world help the poorest farmers grow and sell more?  The key is in innovation – combining the best of what’s worked in the past with new breakthroughs, customized to the needs of small farmers.</p>
<p>“Innovation in seeds brings small farmers new high-yield crops that can grow in a drought, survive in a flood and resist pests and disease.</p>
<p>“Innovation in markets offers small farmers access to reliable customers.</p>
<p>“Innovation in agriculture techniques helps farmers increase productivity while preserving the environment – with approaches like no-till farming, rainwater harvesting and drip irrigation.</p>
<p>“Innovation in foreign assistance means that donors now support national plans that provide farming families with new seeds, tools, techniques and markets.  This approach is reducing overlap and keeping developing countries in the lead.”</p>
<p>Innovation needs good ideas, and money.  Here, Gates said, “The U.S. has a pivotal role to play in helping farming families lift themselves out of poverty and hunger.  At the same time, of course, we have a big budget deficit and foreign assistance is an easy target for reduction.  We need to tell people over and over why this spending is a good investment, why it’s worth it even in tight economic times.”</p>
<p>First, he said, “these investments are going to countries committed to change.”</p>
<p>“The second reason agricultural investments are worthwhile,” he added, “is that farming is a business.  As you provide poor farmers business assistance through new tools and technology and access to markets and capital, it allows them to move to self-sufficiency with the help of market forces.”</p>
<div id="attachment_13592" class="wp-caption alignleft" style="width: 220px"><a  href="http://c187197.r97.cf1.rackcdn.com/wp-content/uploads/2011/04/OI27117_R.T.51IMG_5510-scr.jpg" class="thickbox no_icon" rel="gallery-14470" title="Roger Thurow, author and Senior Fellow of Global Agriculture &amp; Food Policy, speaks about hunger and food security at Opportunity's Fall 2010 Microfinance Conference."><img class="size-medium wp-image-13592     " title="Roger Thurow, author and Senior Fellow of Global Agriculture &amp; Food Policy, speaks about hunger and food security at Opportunity's Fall 2010 Microfinance Conference." src="http://c187197.r97.cf1.rackcdn.com/wp-content/uploads/2011/04/OI27117_R.T.51IMG_5510-scr-300x200.jpg" alt="Roger Thurow, author and Senior Fellow of Global Agriculture &amp; Food Policy, speaks about hunger and food security at Opportunity's Fall 2010 Microfinance Conference." width="210" height="140" /></a><p class="wp-caption-text">Roger Thurow, author and Senior Fellow of Global Agriculture &amp; Food Policy, speaks about hunger and food security at Opportunity&#39;s Fall 2010 Microfinance Conference.</p></div>
<p>“The third reason agricultural development is a smart investment is how effective it is.  In country after country, these approaches have improved the livelihoods of small farmers while reducing poverty and increasing economic growth.  It’s proving the point again and again: helping poor farming families grow more crops is the world’s single most powerful lever for reducing poverty and hunger.&#8221;</p>
<p>These comments from Bill Gates, <a  href="http://www.opportunity.org/about/strategic-partners/strategic-partner-mastercard-foundation/" target="_blank">whose foundation</a> with his wife Melinda has committed $1.7 billion to help farming families over the last five years, suggest again, as we’ve often said in this column, that we have arrived at a moment of potential opportunity that shouldn’t be squandered.  <a  href="http://www.opportunity.org/blog/supporting-smallholder-farmers-and-laying-the-groundwork-to-end-hunger/" target="_blank">The budget crisis</a>, he suggested, shouldn’t be reason for the U.S. to cut back on its promises to increase agriculture development aid, to scale back its <a  href="http://www.feedthefuture.gov/" target="_blank">Feed the Future</a> ambitions.</p>
<p>“This is the first stage of sweeping change for farming families in the poorest parts of the world,” Gates said.  “We have an historic chance to help people and countries move from dependency to self-sufficiency&#8211;and fulfill the highest promise of foreign aid.  In the past we’ve invested aid in Brazil and India and South Korea, and they are all now dynamic actors in the global economy&#8211;some even joining to help provide aid to others.  This is our hope for the countries of Africa and South Asia as well.”</p>
<p><em>To read Thurow&#8217;s original post on the <a  href="http://globalfoodforthought.typepad.com/global-food-for-thought/" target="_blank">Global Food for Thought</a> blog, <a  href="http://globalfoodforthought.typepad.com/global-food-for-thought/2011/05/expert-commentary-the-importance-of-innovation.html" target="_blank">click here</a>. Follow the event on Twitter at <a  href="http://twitter.com/#!/search?q=%23gadisymposium" target="_blank">#GADIsymposium</a>.</em></p>
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		<title>&#8220;Why Farming?&#8221; Today&#8217;s Symposium on Global Agriculture &amp; Food Security in Washington, D.C.</title>
		<link>http://www.opportunity.org/blog/why-farming-todays-symposium-on-global-agriculture-food-security-in-washington-d-c/</link>
		<comments>http://www.opportunity.org/blog/why-farming-todays-symposium-on-global-agriculture-food-security-in-washington-d-c/#comments</comments>
		<pubDate>Tue, 24 May 2011 19:02:47 +0000</pubDate>
		<dc:creator>Opportunity International</dc:creator>
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		<guid isPermaLink="false">http://www.opportunity.org/?p=14441</guid>
		<description><![CDATA[Today in Washington, D.C., the Chicago Council on Global Affairs&#8216; &#8220;The Symposium on Global Agriculture and Food Security: Progress to Date and Strategies for Success&#8221; with noted experts in agricultural policy, global development, philanthropy and more. Keynote Speakers: Bill Gates, Co-chair and Trustee, The Bill &#38; Melinda Gates Foundation Rajiv Shah, Administrator, U.S. Agency for International<a href="http://www.opportunity.org/blog/why-farming-todays-symposium-on-global-agriculture-food-security-in-washington-d-c/"> Read more...</a>]]></description>
			<content:encoded><![CDATA[<p>Today in Washington, D.C., the <a  href="http://www.thechicagocouncil.org/" target="_blank">Chicago Council on Global Affairs</a>&#8216; &#8220;<a  href="http://www.thechicagocouncil.org/GLOBALAGDEVELOPMENT/gad/Events/2011/May_2011.aspx" target="_blank">The Symposium on Global Agriculture and Food Security: Progress to Date and Strategies for Success</a>&#8221; with noted experts in agricultural policy, global development, philanthropy and more.</p>
<p><strong>Keynote Speakers:</strong></p>
<ul>
<li>Bill Gates, Co-chair and Trustee, <a  href="http://www.opportunity.org/about/strategic-partners/strategic-partner-bill-melinda-gates-foundation/" target="_blank">The Bill &amp; Melinda Gates Foundation</a></li>
<li>Rajiv Shah, Administrator, <a  href="http://www.opportunity.org/blog/symposium-agricultural-finance/" target="_blank">U.S. Agency for International Development (USAID)</a></li>
<li><a  href="http://www.usda.gov/wps/portal/usda/usdahome?contentid=bios_vilsack.xml&#038;contentidonly=true" target="_blank">Thomas Vilsack</a>, Secretary, U.S. Department of Agriculture</li>
</ul>
<p>The objective of the symposium is to review progress on the U.S. government’s approach to agricultural development and food security strategy, and provide critical thinking on how best to overcome potential obstacles to success. They&#8217;re also discussing how long-term U.S. public and private sector support for agricultural development can advance global security, stability, and economic prosperity, offering constructive thinking on future implementation challenges.</p>
<p>The Chicago Council&#8217;s Senior Fellow <a  href="http://www.opportunity.org/blog/global-food-for-thought-blog-extending-the-reach-by-roger-thurow/" target="_blank">Roger Thurow</a> posted <a  href="http://globalfoodforthought.typepad.com/global-food-for-thought/2011/05/roger-thurows-commentary-going-together.html" target="_blank">an update</a> from the conference on the <a  href="http://globalfoodforthought.typepad.com/global-food-for-thought/" target="_blank">Global Food for Thought</a> blog and the Council released its <a  href="http://www.thechicagocouncil.org/UserFiles/File/GlobalAgDevelopment/Newsletter/CCGA%20GADI%20Progress%20Report%20-%20Final.pdf" target="_blank">2011 Progress Report on US Leadership in Agricultural Development</a>. Follow along on all the events of the day on Twitter <a  href="http://twitter.com/#!/GlobalAgDev" target="_blank">@GlobalAgDev</a> and <a  href="http://twitter.com/#!/search?q=%23gadisymposium" target="_blank">#GADISymposium</a>.</p>
<p>This morning, Rajiv Shah delivered the keynote address, policymakers and activists presented the 2011 Progress Report, and a panel led a discussion on &#8220;The Case for Food Security.&#8221;</p>
<p>At 12:00 p.m. ET, Bill Gates took the stage to give the lunchtime keynote speech, drawing attention to farming families in the developing world and the important role they play in cutting hunger and poverty. In <a  href="http://www.gatesfoundation.org/foundationnotes/Pages/bill-gates-110506-small-farmers.aspx" target="_blank">a blog</a> he posted a couple weeks ago at <a  href="http://www.gatesfoundation.org/Pages/home.aspx" target="_blank">gatesfoundation.org</a>, Gates said:</p>
<blockquote><p>Why farming? Many people don’t realize it, but most of the world’s poorest people are small farmers. They get their food and income farming small plots of land. These farming families often don’t have good seeds, equipment, reliable markets, or money to invest that helps them get the most out of their land. So they work hard, but they get no traction, and more often than not, they stay hungry and poor.</p>
<p>We know that smart investments in farming families help them become self-sufficient. We know that increasing productivity while preserving the environment leads to higher incomes and better lives over the long-term. But governments are not living up to their pledges to provide this kind of support to small farmers.</p>
<p>Solving hunger and poverty is both an urgent problem and long-term challenge. But what gives me hope is that we know that investments are working.</p></blockquote>
<p>On the impact of the Gates Foundation&#8217;s work, he says, “Our foundation has invested $1.7 billion to date to help small[holder] farmers in Africa and South Asia. We have seen great progress in the work of our grantees and other organizations.” At <a  href="http://www.opportunity.org/" target="_blank">Opportunity International</a>, we&#8217;re proud to partner with the <a  href="http://www.opportunity.org/about/strategic-partners/strategic-partner-bill-melinda-gates-foundation/" target="_blank">Bill &amp; Melinda Gates Foundation</a> and <a  href="http://www.opportunity.org/about/strategic-partners/strategic-partner-mastercard-foundation/" target="_blank">The MasterCard Foundation</a>, which <a  href="http://www.opportunity.org/press-releases/gates-and-mastercard-foundations-partner-with-opportunity-international-to-provide-financial-access-to-1-4-million-of-the-rural-poor-in-africa/" target="_blank">co-funded a $16 million program</a> to provide access to Opportunity <a  href="http://www.opportunity.org/our-work/savings/" target="_blank">savings accounts</a> and <a  href="http://www.opportunity.org/blog/john-magnay-on-food-security-in-africa-and-agricultural-finance/" target="_blank">agricultural microfinance</a> loans in rural areas of sub-Saharan Africa, where less than 10% of people have access to comprehensive financial services.</p>
<p>Today in his speech, Gates said, &#8220;Helping poor farming families is the answer. It&#8217;s the best way to fight poverty and hunger.&#8221; For more updates from the symposium, follow <a  href="http://twitter.com/#!/search?q=%23gadisymposium"></a><a href="http://twitter.com/#!/search?q=%23gadisymposium" target="_blank">#GADISymposium</a> on Twitter, check out the Chicago Council&#8217;s <a  href="http://globalfoodforthought.typepad.com/global-food-for-thought/" target="_blank">Global Food for Thought blog</a> and the <a  href="http://www.gatesfoundation.org/foundationnotes/Pages/default.aspx" target="_blank">Gates Foundation blog</a> for more updates from the day.</p>
<p><strong>For more on Opportunity International&#8217;s impact on food security and smallholder farmers, watch &#8220;Harvesting Hope&#8221;:</strong><br />
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		<title>Daniel Ryumugabe on Rwandan Microfinance and Transformation</title>
		<link>http://www.opportunity.org/blog/daniel-ryumugabe-on-rwandan-microfinance-and-transformation/</link>
		<comments>http://www.opportunity.org/blog/daniel-ryumugabe-on-rwandan-microfinance-and-transformation/#comments</comments>
		<pubDate>Tue, 03 May 2011 15:51:36 +0000</pubDate>
		<dc:creator>Emily Riemer</dc:creator>
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		<guid isPermaLink="false">http://www.opportunity.org/?p=13778</guid>
		<description><![CDATA[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, &#8220;Today,<a href="http://www.opportunity.org/blog/daniel-ryumugabe-on-rwandan-microfinance-and-transformation/"> Read more...</a>]]></description>
			<content:encoded><![CDATA[<p>Meet Daniel Ryumugabe, the transformational impact manager from <a  href="http://www.opportunity.org/our-work/where-we-work/microfinance-in-africa/microfinance-in-rwanda/">Urwego Opportunity Bank (UOB) of Rwanda</a>. Daniel arrived in the U.S. last Saturday for a three-week visit, and several <a  href="http://www.opportunity.org/">Opportunity</a> staff and supporters had the chance to meet him yesterday at a <a  href="http://us1.campaign-archive1.com/?u=3d55b135c02ad52adf5627b1b&#038;id=841e77f044&#038;e=">lunch-and-learn</a> in our Oak Brook offices. About life in Rwanda today, he told us, &#8220;Today, we are not just Hutus and Tutsis, we are not our ethnic groups, we are all Rwandans and we share one language and one culture.&#8221; </p>
<p>Daniel shared the story of his childhood as a Rwandan refugee living in <a  href="http://www.opportunity.org/our-work/where-we-work/microfinance-in-africa/microfinance-in-uganda/">Uganda</a>, and how he struggled to get an education, the only child in his family to go to university. He also told us about his work at <a  href="http://www.opportunity.org/blog/empowering-rwandan-women-in-microfinance/">Opportunity Rwanda</a> guiding staff members to incorporate transformative training into their daily contact with our <a  href="http://www.opportunity.org/what-is-microfinance/">microfinance</a> clients. As he told us, &#8220;Poverty is not just a deficit, not just a lack of resources, it is a deprivation. It is a trap with many cords. If you offer one solution&#8211;<a  href="http://www.opportunity.org/our-work/loans/">loans</a>&#8211;but there are other problems related to health or financial education, the client cannot get out of the poverty trap.&#8221;</p>
<p>Would you like to meet Daniel for yourself? Join Opportunity supporters at the <a  href="http://www.opportunity.org/yao-boston/events/breakfast-for-tanzania-2011/">Breakfast for Tanzania in Boston</a>, where Daniel will be a guest speaker along with award-winning author and journalist <a  href="http://www.opportunity.org/blog/roger-thurow-interview-on-hunger-andmicrofinance/">Roger Thurow</a>. <a  href="http://www.opportunity.org/yao-boston/events/breakfast-for-tanzania-2011/">Get tickets to this event here  &raquo;</a></p>
<p><strong>Daniel also invites you to join him at other U.S. events during his visit:</strong><br />
<iframe src="http://player.vimeo.com/video/23180723?title=0&amp;byline=0&amp;portrait=0" width="400" height="301" frameborder="0"></iframe>
<p><a  href="http://vimeo.com/23180723">International Visitor Daniel Ryumugabe of Opportunity Rwanda</a> from <a  href="http://vimeo.com/user2548502">Opportunity International</a> on <a  href="http://vimeo.com">Vimeo</a>.</p>
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		<title>What We&#8217;re Reading: Roger Thurow Interview on Hunger, Microfinance and More</title>
		<link>http://www.opportunity.org/blog/roger-thurow-interview-on-hunger-andmicrofinance/</link>
		<comments>http://www.opportunity.org/blog/roger-thurow-interview-on-hunger-andmicrofinance/#comments</comments>
		<pubDate>Wed, 27 Apr 2011 12:00:55 +0000</pubDate>
		<dc:creator>Opportunity International</dc:creator>
				<category><![CDATA[Loans]]></category>
		<category><![CDATA[What We're Reading]]></category>
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		<category><![CDATA[2010 fall microfinance conference]]></category>
		<category><![CDATA[Africa]]></category>
		<category><![CDATA[Agricultural finance]]></category>
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		<guid isPermaLink="false">http://www.opportunity.org/?p=13551</guid>
		<description><![CDATA[On Wednesdays, we highlight an article, book or blog in our “What We’re Reading” series. We feature works that are noteworthy, inspiring, educational or relevant to the microfinance 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<a href="http://www.opportunity.org/blog/roger-thurow-interview-on-hunger-andmicrofinance/"> Read more...</a>]]></description>
			<content:encoded><![CDATA[<p><em>On Wednesdays, we highlight an article, book or blog in our “<a  href="http://www.opportunity.org/blog/category/what-were-reading/" target="_blank">What We’re Reading</a>” series. We feature works that are noteworthy, inspiring, educational or relevant to the microfinance 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 is excerpted from an interview with author and Pulitzer Prize finalist Roger Thurow <a  href="http://thebrowser.com/interviews/roger-thurow-on-hunger" target="_blank">on thebrowser.com</a>, in which Thurow selects five books for further reading&#8211;everything from </em>Changing the Face of Hunger<em> by <a  href="http://www.opportunity.org/opportunity-international-conference/watch-fall-2010-archive/tony-hall/" target="_blank">Tony Hall</a> to </em>The Bible<em>. Here, Thurow shares with </em><a  href="http://thebrowser.com/" target="_blank">The Browser</a>&#8216;s<em> interviewer Anna Blundy why he recommends </em>Banker to the Poor<em> by <a  href="http://www.opportunity.org/blog/worldwide-voices-in-support-of-microfinance-and-dr-muhammad-yunus/" target="_blank">Muhammad Yunus</a>, and talks about the work being done to expand <a  href="http://www.opportunity.org/what-is-microfinance/" target="_blank">microfinance</a> services to people throughout sub-Saharan Africa, discussing in particular his visit to see <a  href="http://www.opportunity.org/" target="_blank">Opportunity International</a>&#8216;s work firsthand in <a  href="http://www.opportunity.org/our-work/where-we-work/microfinance-in-africa/microfinance-in-malawi/" target="_blank">Malawi</a>.</em></p>
<p><strong>Roger Thurow:</strong> I chose [<em>Banker to the Poor</em>] for the power of the story that [Yunus] tells&#8211;the founding of <a  href="http://www.opportunity.org/blog/microfinance-grameen-chicago-event/" target="_blank">Grameen Bank</a> and the success that it has had and the implications of the whole micro-lending aspect to improve agriculture, to reduce hunger, to advance this green revolution; looking at what he was doing, the importance of making capital available to the very poorest people who need help to get started on the climb out of poverty.</p>
<div id="attachment_13592" class="wp-caption alignright" style="width: 310px"><a  href="http://c187197.r97.cf1.rackcdn.com/wp-content/uploads/2011/04/OI27117_R.T.51IMG_5510-scr.jpg" class="thickbox no_icon" rel="gallery-13551" title="Roger Thurow, impassioned advocate for the eradication of poverty and global hunger, speaks at Opportunity's Fall 2010 Microfinance Conference."><img class="size-medium wp-image-13592" src="http://c187197.r97.cf1.rackcdn.com/wp-content/uploads/2011/04/OI27117_R.T.51IMG_5510-scr-300x200.jpg" alt="Roger Thurow, impassioned advocate for the eradication of poverty and global hunger, speaks at Opportunity's Fall 2010 Microfinance Conference." width="300" height="200" /></a><p class="wp-caption-text">Roger Thurow, impassioned advocate for the eradication of poverty and global hunger, speaks at Opportunity&#039;s Fall 2010 Microfinance Conference.</p></div>
<p>On the cover of my copy there’s an old wooden ladder, and the symbolism of that when you are so poor&#8211;for the $1, $2-a-day people, is so important&#8211;that ladder to get started and climb out of the poverty they are in. That book helped me understand the importance of microfinance so that the <a  href="http://www.opportunity.org/blog/supporting-smallholder-farmers-and-laying-the-groundwork-to-end-hunger/" target="_blank">smallholder farmers</a> can access the improved seed varieties, the little amounts of fertilizer they need and can share the risks of farming. Financing and lending is the lifeblood of agriculture for farmers anywhere in the world because you are planting and doing the work before the harvest comes in. You need something to get started. For so long the smallholder farmers of Africa have had very little access to financing, so micro-lending coming to rural areas of Africa has been and is becoming increasingly important.</p>
<p><strong>Interviewer: Where in Africa has this been happening?</strong></p>
<p><strong>Thurow:</strong> You see it in a number of countries. Certainly in Malawi, and with Opportunity International Bank&#8211;I followed them around in <a  href="http://www.opportunity.org/our-work/where-we-work/microfinance-in-africa/microfinance-in-malawi/">Malawi</a> and saw how important it is for [smallholder] farmers. You’re going to start seeing it in most stable <a  href="http://www.opportunity.org/blog/leading-the-way-in-rural-agricultural-microfinance/">African countries</a> where the government is committed to boosting agriculture&#8211;Ghana, Kenya, Ethiopia, Tanzania, and it is starting to spread. Then the next step is the new <a  href="http://www.opportunity.org/media-center/videos/video-the-true-impact-of-crop-insurance/">crop insurance</a>. So, as these farmers are taking these loans, which implies some kind of risk because they’ll have to pay them back when the harvest comes in, they are taking out insurance. So, if there is a drought or something that ruins their crop they have this insurance&#8211;again, a financial instrument that has long been available to most farmers in the world. To have that kind of insurance to go along with the micro-lending then shares the risk, so you take the <a  href="http://www.opportunity.org/our-work/loans/">loan</a>, you plant the better seeds, you use the fertiliser and then if something happens and the crop fails you have insurance to pay it back. The micro-lenders are introducing this insurance themselves because it’s also protection for them.</p>
<h2>About Roger Thurow</h2>
<p>Thurow is Senior Fellow for Global Agriculture &amp; Food Policy at the <a  href="http://www.thechicagocouncil.org/" target="_blank">Chicago Council on Global Affairs</a>, and he writes the blog series <em>Outrage &amp; Inspire</em> on the Council&#8217;s <em><a  href="http://globalfoodforthought.typepad.com/" target="_blank">Global Food for Thought</a></em> blog. Thurow was a finalist for the 2004 Pulitzer Prize in international reporting, and co-author of the book <em><a  href="http://enoughthebook.com/" target="_blank">Enough: Why the World’s Poorest Starve in an Age of Plenty</a></em>. Thurow was a plenary session speaker at Opportunity&#8217;s <a  href="http://www.opportunity.org/opportunity-international-conference/watch-fall-2010-archive/" target="_blank">Fall 2010 Microfinance Conference</a> in Washington, D.C.</p>
<p>Thurow will be a special guest speaker at the <a  href="http://www.opportunity.org/yao-boston/events/breakfast-for-tanzania-2011/">Opportunity Breakfast for Tanzania</a> event next week, Wednesday, May 4th. All are welcome. Buy tickets at <a  href="http://www.opportunity.org/yao-boston/events/breakfast-for-tanzania-2011/">opportunity.org/bosbreak</a>  &raquo;</p>
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		<title>Global Food for Thought Blog: &#8220;Extending the Reach&#8221; by Roger Thurow</title>
		<link>http://www.opportunity.org/blog/global-food-for-thought-blog-extending-the-reach-by-roger-thurow/</link>
		<comments>http://www.opportunity.org/blog/global-food-for-thought-blog-extending-the-reach-by-roger-thurow/#comments</comments>
		<pubDate>Tue, 15 Mar 2011 15:06:30 +0000</pubDate>
		<dc:creator>Guest Post</dc:creator>
				<category><![CDATA[Rural Outreach]]></category>
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		<category><![CDATA[Feed the Future Guide]]></category>
		<category><![CDATA[Financial services]]></category>
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		<category><![CDATA[Kenya]]></category>
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		<category><![CDATA[Microfinance]]></category>
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		<category><![CDATA[Poverty]]></category>
		<category><![CDATA[pulitzer prize]]></category>
		<category><![CDATA[Roger Thurow]]></category>
		<category><![CDATA[Rwanda]]></category>
		<category><![CDATA[Smallholder farmer]]></category>
		<category><![CDATA[Tom Vilsack]]></category>
		<category><![CDATA[US Department of Agriculture]]></category>
		<category><![CDATA[USAID]]></category>
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		<guid isPermaLink="false">http://www.opportunity.org/?p=12376</guid>
		<description><![CDATA[The following post by Roger Thurow, &#8220;Extending the Reach,&#8221; was published on the Global Food for Thought blog on March 4, 2011 as part of Thurow&#8217;s Outrage &#38; Inspire series. Thurow is Senior Fellow for Global Agriculture &#38; Food Policy at the Chicago Council on Global Affairs, a finalist for the 2004 Pulitzer Prize in international reporting, and co-author of<a href="http://www.opportunity.org/blog/global-food-for-thought-blog-extending-the-reach-by-roger-thurow/"> Read more...</a>]]></description>
			<content:encoded><![CDATA[<p><em>The following post by Roger Thurow, &#8220;<a  href="http://globalfoodforthought.typepad.com/global-food-for-thought/2011/03/roger-thurow-outrage-and-inspire-extending-the-reach.html" target="_blank">Extending the Reach</a>,&#8221; was published on the </em><a  href="http://globalfoodforthought.typepad.com/" target="_blank">Global Food for Thought</a><em> blog on March 4, 2011 as part of Thurow&#8217;s </em>Outrage &amp; Inspire <em>series. Thurow is Senior Fellow for Global Agriculture &amp; Food Policy at the <a  href="http://www.thechicagocouncil.org/" target="_blank">Chicago Council on Global Affairs</a>, a finalist for the 2004 Pulitzer Prize in international reporting, and co-author of the book</em> <a  href="http://enoughthebook.com/" target="_blank">Enough: Why the World’s Poorest Starve in an Age of Plenty</a>. Thurow was a  plenary session speaker at Opportunity&#8217;s <a  href="http://www.opportunity.org/opportunity-international-conference/watch-fall-2010-archive/" target="_blank">Fall 2010 Microfinance Conference</a> in Washington, D.C.</p>
<h2>Lutacho, Kenya</h2>
<p>I returned from a day in the field with Kenyan smallholder farmers last week to find these words from <a  href="http://www.usda.gov/wps/portal/usda/!ut/p/c4/04_SB8K8xLLM9MSSzPy8xBz9CP0os_gAC9-wMJ8QY0MDpxBDA09nXw9DFxcXQ-cAA_2CbEdFAEUOjoE!/?PC_7_P8MVVLT31G7LC0ICEL9OOT20O5005915_contentid=2011%2F02%2F0083.xml&#038;PC_7_P8MVVLT31G7LC0ICEL9OOT20O5005915_parentnav=TRANSCRIPTS_" target="_blank">U.S. Secretary of Agriculture Tom Vilsack</a> as the Newsbrief’s Quote of the Week:</p>
<blockquote><p>As I travel around the world talking about American agriculture, the one thing that has struck me is how jealous the rest of the world is about extension, how they would love to have the capacity that we have in this country and often, unfortunately, take for granted, of the ability to reach out and gain very useful information and insights to improve productivity.</p></blockquote>
<p>Exactly, I thought.</p>
<div id="attachment_12402" class="wp-caption alignright" style="width: 116px"><a  href="http://c187197.r97.cf1.rackcdn.com/wp-content/uploads/2011/03/thurow.jpg" class="thickbox no_icon" rel="gallery-12376" title="Roger Thurow, Global Food for Thought Blog"><img class="size-full wp-image-12402" title="Roger Thurow, Global Food for Thought Blog" src="http://c187197.r97.cf1.rackcdn.com/wp-content/uploads/2011/03/thurow.jpg" alt="Roger Thurow, Global Food for Thought Blog" width="106" height="117" /></a><p class="wp-caption-text">Roger Thurow, Global Food for Thought Blog</p></div>
<p>How the <a  href="http://www.opportunity.org/blog/stand-up-for-africa%e2%80%99s-farmers/" target="_blank">African farmers</a> I had just visited cherished extension services that would bring to them the latest in technology and advice on how to best use it to increase food production. Extension agents were essential in spreading the agricultural revolutions in every part of the world: America, Europe, Asia, Australia, Latin America. Everywhere except Africa. Government budgets didn’t have enough money to fund them, nor political will to insist that they do; international development agencies, in their negligence of agriculture, thought Africa, alone among the continents of the world, could do without them. As a result, the continent’s extension services fell into a woeful state during the past three decades of neglect of agriculture development. In many countries, if there were any extension agents, they did little extending; very few even had bicycles to go from farm to farm.</p>
<p>Secretary Vilsack’s quote continued:</p>
<blockquote><p>We are trying to replicate that around the world. For global supplies to keep pace with global demands originating in emerging markets and to mitigate price volatility, we have got to embrace proven technologies, and extension can help us do that. It&#8217;s not just biotechnology. It&#8217;s also conservation tillage. It&#8217;s drip irrigation. It&#8217;s multiple cropping practices.</p></blockquote>
<p>It’s planting seeds, one per hole. And spacing the seeds, and the rows, so the seeds will have room to grow without competition from other seeds for water, sun and soil nutrients.</p>
<p>It’s very basic knowledge like this, common practices among backyard gardeners everywhere in the rich world. But it was news to the farmers of western Kenya when Kennedy Wafula came by their farms with advice on how to plant to get better harvests.</p>
<p>He produced a piece of string with a knot tied every 25 centimeters. “Twenty-five. This is the distance between plants,” he told a group of farmers gathered under a big shade tree. “How far?”</p>
<p>“Twenty-five,” they shouted in unison.</p>
<p>He waved a stick that was 75 centimeters long. “Seventy-five,” Kennedy said. “That is the distance between rows.”</p>
<div id="attachment_12405" class="wp-caption alignleft" style="width: 250px"><a  href="http://c187197.r97.cf1.rackcdn.com/wp-content/uploads/2011/03/roger_fmc2010_3.jpg" class="thickbox no_icon" rel="gallery-12376" title="Thurow at the Fall 2010 Microfinance Conference."><img class="size-medium wp-image-12405 " title="Thurow at the Fall 2010 Microfinance Conference." src="http://c187197.r97.cf1.rackcdn.com/wp-content/uploads/2011/03/roger_fmc2010_3-300x200.jpg" alt="Thurow at the Fall 2010 Microfinance Conference." width="240" height="160" /></a><p class="wp-caption-text">Thurow at the Fall 2010 Microfinance Conference.</p></div>
<p>“Seventy-five,” the farmers repeated.</p>
<p>Kennedy explained, “You dig a hole every 25 centimeters and put in one seed. Only one seed, so there is no competition between many seeds for the fertilizer and water and sun.”</p>
<p>Kennedy led the farmers to a small plot of land to practice the measuring and the preparation. As farmer Geoffrey Sitata followed, I asked him how he traditionally planted. “No measurement, we just scatter the seed,” he said. He made a motion with his right hand, as if throwing dice or tossing feed to chickens. That’s how he planted, scattering a fistful of precious seed willy-nilly. That’s how everybody planted. Nobody had ever come by the farm and told them there was a better, more productive way to do it.</p>
<p>Until Kennedy, a field manager for the <a  href="http://www.oneacrefund.org/" target="_blank">One Acre Fund</a>, stopped by. The One Acre Fund is an organization founded by American social entrepreneurs that works with 55,000 farm families in Kenya and Rwanda. One Acre’s main mission is to distribute to Africa’s farmers the simple technology and practical advice that have existed for decades but nobody ever bothered to deliver to African smallholder farmers. The result is that African yields for maize, wheat, rice and other staple crops lag far behind yields in the rich world. And that hunger and malnutrition blanket the African countryside. One Acre farmers are typically able to double or triple maize yields in one year.</p>
<p>Kennedy calls One Acre’s simple sequence of planting practices the “Obama method,” for the American president who is highly revered in western Kenya, where Barack Obama’s father grew up on a small farm. It is also appropriate in another way, for President Obama has made ending hunger through agriculture development a prime pillar of his foreign policy. His <a  href="http://www.feedthefuture.gov/FTF_Guide.pdf" target="_blank">Feed the Future Initiative</a> especially seeks to help Africa’s smallholder farmers by creating the conditions for them to be as productive as possible to feed their families, their communities and their countries.</p>
<p>Secretary Vilsack continued to tell those gathered at the <a  href="http://www.usda.gov/wps/portal/usda/!ut/p/c4/04_SB8K8xLLM9MSSzPy8xBz9CP0os_gAC9-wMJ8QY0MDpxBDA09nXw9DFxcXQ-cAA_2CbEdFAEUOjoE!/?PC_7_P8MVVLT31G7LC0ICEL9OOT20O5005915_contentid=2011%2F02%2F0083.xml&#038;PC_7_P8MVVLT31G7LC0ICEL9OOT20O5005915_parentnav=TRANSCRIPTS_" target="_blank">USDA Forum in Washington</a> [on Feb. 24, 2011]:</p>
<blockquote><p>There are a variety of ways in which we can help the world do a better job of providing food to a growing population. So there are serious opportunities here for the United States to provide leadership, and we are prepared to do that.</p></blockquote>
<p>Extending the knowledge of successful agriculture practices is one of those opportunities. Kenyan farmers often tell me, “Knowledge is power.” That is one form of power Africa is happy to see the U.S. wield.</p>
<p><strong>Roger Thurow at Opportunity&#8217;s Microfinance Conference:</strong><br />
<iframe src="http://player.vimeo.com/video/15930818?title=0&amp;byline=0&amp;portrait=0&amp;color=ffffff" width="521" height="293" frameborder="0"></iframe></p>
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		<title>Today is World Food Day&#8211;Saturday, Oct. 16</title>
		<link>http://www.opportunity.org/blog/world-food-day-2010/</link>
		<comments>http://www.opportunity.org/blog/world-food-day-2010/#comments</comments>
		<pubDate>Sat, 16 Oct 2010 14:30:46 +0000</pubDate>
		<dc:creator>Opportunity International</dc:creator>
				<category><![CDATA[Events]]></category>
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		<guid isPermaLink="false">http://www.opportunity.org/?p=7332</guid>
		<description><![CDATA[Saturday, Oct. 16th is World Food Day, a day designated by the U.N.&#8217;s World Food Programme to raise awareness and support in the fight against global hunger. From wfp.org: &#8220;World Food Day on October 16 reminds the world that around 1 in 7 people alive today are going hungry[...] [Though,] this year, the number of<a href="http://www.opportunity.org/blog/world-food-day-2010/"> Read more...</a>]]></description>
			<content:encoded><![CDATA[<p>Saturday, Oct. 16th is World Food Day, a day designated by the U.N.&#8217;s World Food Programme to raise awareness and support in the fight against global hunger.</p>
<p>From <a  href="http://www.wfp.org/stories/10-ways-fight-hunger-right-now" target="_blank">wfp.org</a>: &#8220;World Food Day on October 16 reminds the world that around 1 in 7 people alive today are going hungry[...] [Though,] this year, the number of hungry people on Earth went down for the first time in five years, &#8230;there are still more than 925 million people, mainly children, who do not eat enough to be healthy.&#8221;</p>
<p>At Opportunity&#8217;s <a  href="http://www.opportunity.org/blog/tag/2010-fall-microfinance-conference/" target="_blank">2010 Fall Microfinance Conference</a> last weekend, we were inspired by several influential hunger and food security experts.</p>
<p><a  href="http://www.opportunity.org/blog/opportunity-liveblog-roger-thurows-global-food-for-thought/">Roger Thurow</a>, co-author of <a  href="http://enoughthebook.com/" target="_blank">Enough: Why the World&#8217;s Poorest Starve in an Age of Plenty</a>, senior fellow for Global Agriculture and Food Policy at the <a  href="http://www.thechicagocouncil.org/" target="_blank">Chicago Council on Global Affairs</a>, told the <a  href="http://www.opportunity.org/blog/liveblog-plenary-session-with-roger-thurow-the-gates-foundations-tamara-cook-under-secretary-of-state-maria-otero-and-more/" target="_blank">conference audience</a>:</p>
<blockquote><p>[The number of people going hungry in the world] is an outrage to me. But my inspiration is that we have arrived at a great moment of potential opportunity in the fight against hunger. We have plenty of food surpluses in the West, but by helping the hungry to feed <strong><em>themselves</em></strong> and increase their own agricultural production, it not only alleviates hunger but it can encourage economic and social stability overall.</p></blockquote>
<p>Ambassador Tony Hall, the author of <a  href="http://motherjones.com/politics/2006/03/changing-face-hunger" target="_blank">Changing the Face of Hunger</a>, is a tireless advocate for hunger relief, poverty eradication and human rights. In <a  href="http://www.opportunity.org/blog/final-plenary-with-tony-hall-and-more/" target="_blank">a session</a>, he told attendees what made him join the fight against hunger:</p>
<blockquote><p>In 1984, as a Congressman from Ohio, I visited Ethiopia during the famine when, in the course of six months, a million people had already died. I went to camp where people were dying of famine, and the doctor told me that he could only help 5 children per day out of 3,000 who were suffering from extreme malnutrition. When the people in the camp saw me, they thought I was a doctor. They began handing me their children so that I could save them. But every single child they handed to me was already dead. There was nothing anyone could do. I never got over that.</p></blockquote>
<p>So what can you do today, on World Food Day, to fight global hunger? Check out &#8220;<a  href="http://www.wfp.org/stories/10-ways-fight-hunger-right-now" target="_blank">10 Ways You Can Fight Hunger on World Food Day</a>,&#8221; at wfp.org, and support Opportunity&#8217;s work to bring microfinance services to smallholder farmers in sub-Saharan Africa by <a  href="https://donate.opportunity.org/SSLPage.aspx?pid=773" target="_blank">donating today</a>.</p>
<p><strong>Watch our video about our work in agricultural finance, &#8220;Harvesting Hope&#8221;:</strong><br />
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		<title>LiveBlog: Plenary Session with Roger Thurow, the Gates Foundation&#8217;s Tamara Cook, Under Secretary of State María Otero and more</title>
		<link>http://www.opportunity.org/blog/liveblog-plenary-session-with-roger-thurow-the-gates-foundations-tamara-cook-under-secretary-of-state-maria-otero-and-more/</link>
		<comments>http://www.opportunity.org/blog/liveblog-plenary-session-with-roger-thurow-the-gates-foundations-tamara-cook-under-secretary-of-state-maria-otero-and-more/#comments</comments>
		<pubDate>Fri, 08 Oct 2010 14:20:08 +0000</pubDate>
		<dc:creator>Opportunity International</dc:creator>
				<category><![CDATA[Events]]></category>
		<category><![CDATA[Local Staffing]]></category>
		<category><![CDATA[Microfinance Conference]]></category>
		<category><![CDATA[OptINnow]]></category>
		<category><![CDATA[Our Work]]></category>
		<category><![CDATA[Where We Work]]></category>
		<category><![CDATA[2010 fall microfinance conference]]></category>
		<category><![CDATA[Africa]]></category>
		<category><![CDATA[Bill & Melinda Gates Foundation]]></category>
		<category><![CDATA[Chicago Council on Global Affairs]]></category>
		<category><![CDATA[Client Stories]]></category>
		<category><![CDATA[Clients]]></category>
		<category><![CDATA[Democratic Republic of Congo]]></category>
		<category><![CDATA[Enough: Why the World's Poorest Starve in an Age of Plenty]]></category>
		<category><![CDATA[fall microfinance conference]]></category>
		<category><![CDATA[Kadita “A.T.” Tshibaka]]></category>
		<category><![CDATA[Loans]]></category>
		<category><![CDATA[Malawi]]></category>
		<category><![CDATA[Maria Otero]]></category>
		<category><![CDATA[MFI]]></category>
		<category><![CDATA[Microfinance]]></category>
		<category><![CDATA[Opportunity International]]></category>
		<category><![CDATA[Opportunity International Microfinance Conference]]></category>
		<category><![CDATA[Poverty]]></category>
		<category><![CDATA[Roger Thurow]]></category>
		<category><![CDATA[tamara cook]]></category>

		<guid isPermaLink="false">http://www.opportunity.org/?p=7039</guid>
		<description><![CDATA[&#8220;There are many things that call us to this conference, yet what ultimately brings us together this weekend is helping impoverished people work their way out of poverty.&#8221; &#8211; Member of the board of directors, A.T. Tshibaka, The first plenary session of the 2010 Fall Microfinance Conference  This very first plenary session kicks off our<a href="http://www.opportunity.org/blog/liveblog-plenary-session-with-roger-thurow-the-gates-foundations-tamara-cook-under-secretary-of-state-maria-otero-and-more/"> Read more...</a>]]></description>
			<content:encoded><![CDATA[<blockquote><p>&#8220;There are many things that call us to this conference, yet what ultimately brings us together this weekend is helping impoverished people work their way out of poverty.&#8221; &#8211; Member of the board of directors, A.T. Tshibaka, The first plenary session of the 2010 Fall Microfinance Conference </p></blockquote>
<div id="attachment_7078" class="wp-caption alignright" style="width: 220px"><a  href="http://c187197.r97.cf1.rackcdn.com/wp-content/uploads/2010/10/tamara-cook.jpg" class="thickbox no_icon" rel="gallery-7039" title="The Gates Foundation's Tamara Cook speaks about the work being done to bring agricultural microfinance to Malawi."><img class="size-medium wp-image-7078  " title="The Gates Foundation's Tamara Cook speaks about the work being done to bring agricultural microfinance to Malawi." src="http://c187197.r97.cf1.rackcdn.com/wp-content/uploads/2010/10/tamara-cook-300x225.jpg" alt="The Gates Foundation's Tamara Cook speaks about the work being done to bring agricultural microfinance to Malawi." width="210" height="158" /></a><p class="wp-caption-text">The Gates Foundation&#39;s Tamara Cook speaks about the work being done to bring agricultural microfinance to Malawi.</p></div>
<p>This very first plenary session kicks off our fall microfinance conference. It&#8217;s led by <a  href="http://www.opportunity.org/blog/westmont-college-optinnow-event/">http://www.opportunity.org/blog/westmont-college-optinnow-event/</a>A.T. Tshibaka[/intlink]; author and senior fellow for Global Agriculture and Food Policy at the Chicago Council on Global Affairs, <a  href="http://www.opportunity.org/blog/opportunity-liveblog-roger-thurows-global-food-for-thought/">http://www.opportunity.org/blog/opportunity-liveblog-roger-thurows-global-food-for-thought/</a>Roger Thurow[/intlink], and writer for the blog <a  href="http://globalfoodforthought.typepad.com/global-food-for-thought/2010/01/roger-thurow-outrage-inspire-ireland.html" target="_blank">Outrage &amp; Inspire</a>; program officer for Financial Services for the Poor in the Global Development Program at the <a  href="http://www.opportunity.org/about/strategic-partners/strategic-partner-bill-melinda-gates-foundation/">http://www.opportunity.org/about/strategic-partners/strategic-partner-bill-melinda-gates-foundation/</a>Bill &amp; Melinda Gates Foundation[/intlink], Tamara Cook; senior banking officer for Opportunity Malawi, Chance Tsamwa; and Under Secretary of State for Democracy and Global Affairs, María Otero. </p>
<p>Just a few of the issues and stories from this exciting session: </p>
<ul>
<li>A.T. Tshibaka: One very exciting initiatives is the <a  href="http://www.opportunity.org/initiatives/banking-on-africa/">http://www.opportunity.org/initiatives/banking-on-africa/</a>Banking on Africa[/intlink]. Speaking about the campaign: &#8221;The goal is to reach five million clients in sub-Saharan Africa by 2015. Considering the impact that will have on their families, we estimate that that initiative affects around 30 million people.&#8221;</li>
<li>Roger Thurow: &#8220;One billion people in the world go to bed hungry every night. That is an outrage to me. But my inspiration is that we have arrived at a great moment of potential opportunity in the fight against hunger. We have plenty of food surpluses in the West, but by helping the hungry to feed <strong><em>themselves</em></strong> and increase their own agricultural production, it not only alleviates hunger but it can encourage economic and social stability overall. Obama pledged in his inaugural address to tackle the problem of global hunger. This means that people have enough food to feed themselves and their communities. Which is important because expectations are that by 2050, the world will need to double food production to support the growing population. The solution? Microinsurance and other microfinance products to help protect farmers from natural disasters and to help farmers make ends meet through the growing season.&#8221;</li>
<div id="attachment_7080" class="wp-caption alignleft" style="width: 202px"><a  href="http://c187197.r97.cf1.rackcdn.com/wp-content/uploads/2010/10/at-tshibaka.jpg" class="thickbox no_icon" rel="gallery-7039" title="A.T. Tshibaka speaks about his life growing up in the Democratic Republic of Congo and the important work being done by Opportunity."><img class="size-medium wp-image-7080 " title="A.T. Tshibaka speaks about his life growing up in the Democratic Republic of Congo and the important work being done by Opportunity." src="http://c187197.r97.cf1.rackcdn.com/wp-content/uploads/2010/10/at-tshibaka-300x225.jpg" alt="A.T. Tshibaka speaks about his life growing up in the Democratic Republic of Congo and the important work being done by Opportunity." width="192" height="144" /></a><p class="wp-caption-text">A.T. Tshibaka speaks about his life growing up in the Democratic Republic of Congo and the important work being done by Opportunity.</p></div>
<li>Tamara Cook: &#8220;I met clients in Malawi for whom access to savings accounts can be the key to paying for school fee loans for their children. Just because you introduce a new technology channel or tool, these services can still be &#8216;high touch.&#8217; Loan officers and other staff members give one-on-one training and help when clients need it.&#8221; It is an exciting mix of technological innovation, and personal inspiration and contact.</li>
<li>Chance Tsamwa: Working in Chinsapo, Malawi, in 2005, she witnessed the work of other microfinance institutions. She says, &#8220;Other institutions saw poverty as a lack of basic needs, but at Opportunity we think poverty is lack of knowledge. Our transformational training teaches clients everything they need to know to create a vision for their business, develop a plan, run the business, and manage their money effectively.&#8221;</li>
<li>María Otero: &#8220;I have been an admirer of Opportunity for many years. I was the CEO of Accion, and I understand the impact that organizations like Opportunity can have to help the lives of the poor. Addressing poverty through microfinance is a priority of this administration and Secretary of State Hillary Clinton. Today, microfinance has grown from just microloans, from its beginnings in the 1970s, to a wide variety of expansive microfinance services and products to help them work their way out of poverty. In the State Department, we are committed to eradicating poverty through microfinance, and we feel strongly that this can be a sustainable and profitable solution. And both President Obama and Secretary Clinton are committed to this sustainable solution.&#8221;</li>
</ul>
<div id="attachment_3438" class="wp-caption alignright" style="width: 310px"><a  href="http://c187197.r97.cf1.rackcdn.com/wp-content/uploads/2010/07/OptINnow-Logo.jpg" class="thickbox no_icon" rel="gallery-7039" title="Members of the audience of this first plenary session received OptINnow gift cards that they can use at the conference or when they return home."><img class="size-medium wp-image-3438 " title="Members of the audience of this first plenary session received OptINnow gift cards that they can use at the conference or when they return home." src="http://c187197.r97.cf1.rackcdn.com/wp-content/uploads/2010/07/OptINnow-Logo-300x72.jpg" alt="Members of the audience of this first plenary session received OptINnow gift cards that they can use at the conference or when they return home." width="300" height="72" /></a><p class="wp-caption-text">Members of the audience of this first plenary session received OptINnow gift cards that they can use at the conference or when they return home.</p></div>
<p>Just before the break, Wendy Cox, vice president of donor experience, announced that because of the generosity of anonymous donors, everyone in the audience received $25 OptINnow gift cards. Conference attendees can use the card this weekend at our OptINnow conference booth, redeeming it to help fund an entrepreneur. Plus, supporters can also add value to the card to help fund entrepreneurs&#8217; loans even faster.</p>
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		<title>What We&#8217;re Reading: 3 Writers Featured at our Fall Conference</title>
		<link>http://www.opportunity.org/blog/what-were-reading-3-writers-at-fall-conference/</link>
		<comments>http://www.opportunity.org/blog/what-were-reading-3-writers-at-fall-conference/#comments</comments>
		<pubDate>Wed, 06 Oct 2010 14:30:33 +0000</pubDate>
		<dc:creator>Opportunity International</dc:creator>
				<category><![CDATA[Events]]></category>
		<category><![CDATA[Microfinance Conference]]></category>
		<category><![CDATA[What We're Reading]]></category>
		<category><![CDATA[2010 fall microfinance conference]]></category>
		<category><![CDATA[Blog]]></category>
		<category><![CDATA[Ending Poverty]]></category>
		<category><![CDATA[Enough: Why the World's Poorest Starve in an Age of Plenty]]></category>
		<category><![CDATA[fall microfinance conference]]></category>
		<category><![CDATA[Financial services]]></category>
		<category><![CDATA[Half the Sky]]></category>
		<category><![CDATA[knight kiplinger]]></category>
		<category><![CDATA[Loans]]></category>
		<category><![CDATA[MFI]]></category>
		<category><![CDATA[Microfinance]]></category>
		<category><![CDATA[Opportunity International]]></category>
		<category><![CDATA[Opportunity International Microfinance Conference]]></category>
		<category><![CDATA[OptINnow]]></category>
		<category><![CDATA[Poverty]]></category>
		<category><![CDATA[Roger Thurow]]></category>
		<category><![CDATA[Sheryl WuDunn]]></category>
		<category><![CDATA[Social Media]]></category>

		<guid isPermaLink="false">http://www.opportunity.org/?p=6990</guid>
		<description><![CDATA[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<a href="http://www.opportunity.org/blog/what-were-reading-3-writers-at-fall-conference/"> Read more...</a>]]></description>
			<content:encoded><![CDATA[<div id="attachment_2230" class="wp-caption alignright" style="width: 207px"><a  href="http://c187197.r97.cf1.rackcdn.com/wp-content/uploads/2009/10/Enough.jpg" class="thickbox no_icon" rel="gallery-6990" title="Meet Roger Thurow, author of Enough: Why the World's Poor Starve in an Age of Plenty at a plenary and a breakout session at our 2010 Fall Microfinance Conference."><img class="size-medium wp-image-2230" title="Meet Roger Thurow, author of Enough: Why the World's Poor Starve in an Age of Plenty at a plenary and a breakout session at our 2010 Fall Microfinance Conference." src="http://c187197.r97.cf1.rackcdn.com/wp-content/uploads/2009/10/Enough-197x300.jpg" alt="Meet Roger Thurow, author of Enough: Why the World's Poor Starve in an Age of Plenty at a plenary and a breakout session at our 2010 Fall Microfinance Conference." width="197" height="300" /></a><p class="wp-caption-text">Meet Roger Thurow, author of Enough: Why the World&#39;s Poor Starve in an Age of Plenty at a plenary and a breakout session at our 2010 Fall Microfinance Conference.</p></div>
<p>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 post highlights three authors who will be featured at our 2010 Fall Microfinance Conference this Friday and Saturday, Oct. 8-9.</p>
<h2>1. Roger Thurow</h2>
<p>The author of <a  href="http://www.opportunity.org/roger-thurow-enough/">http://www.opportunity.org/roger-thurow-enough/</a><em>Enough:</em> <em>Why the World’s Poorest Starve in an Age of Plenty</em>[/intlink] will be featured in our very first plenary session of the conference on Friday, October 8 at 8:30-10:00 a.m. ET. He&#8217;ll also speak on a panel at the <a  href="http://www.opportunity.org/opportunity-international-conference/breakout-sessions/">http://www.opportunity.org/opportunity-international-conference/breakout-sessions/</a>breakout session[/intlink], &#8220;Poverty in an Age of Plenty,&#8221; on Friday. <a  href="http://www.opportunity.org/opportunity-international-conference/register-for-the-live-stream/">http://www.opportunity.org/opportunity-international-conference/register-for-the-live-stream/</a>Register[/intlink] to watch the live video stream of the plenary session at our <a  href="http://www.opportunity.org/opportunity-international-conference/">http://www.opportunity.org/opportunity-international-conference/</a>conference page[/intlink].</p>
<h2>2. Sheryl WuDunn</h2>
<p>The Pulitzer Prize-winning journalist and co-author of <a  href="http://www.opportunity.org/blog/sheryl-wudunn-to-speak-at-opportunitys-fall-microfinance-conference-in-washington-d-c/">http://www.opportunity.org/blog/sheryl-wudunn-to-speak-at-opportunitys-fall-microfinance-conference-in-washington-d-c/</a><em>Half the Sky: Turning Oppression in Opportunity Worldwide</em>[/intlink] will speak at our second plenary session on Friday, 10:30 a.m.-12:00 p.m. ET. <a  href="http://www.opportunity.org/opportunity-international-conference/register-for-the-live-stream/">http://www.opportunity.org/opportunity-international-conference/register-for-the-live-stream/</a>Register here to watch the live stream of the session.[/intlink]</p>
<h2>3. Knight Kiplinger</h2>
<p>The respected economic journalist and business forecaster is editor-in-chief of <em>The Kiplinger Letter</em>, Kiplinger’s <em>Personal Finance</em> magazine and <a  href="http://www.kiplinger.com/your-business/" target="_blank">KiplingerForecasts.com</a> will speak at our third plenary session, Friday night, 7:45-9:15 p.m. ET. Watch the live stream of the session.</p>
<p>In addition to our streaming live videos, watch our <a  href="http://www.facebook.com/OpportunityIntl" target="_blank">Facebook page</a> and follow us on <a  href="http://twitter.com/opportunityintl" target="_blank">Twitter</a> for reminders and updates on session schedules. Plus, <a  href="http://www.opportunity.org/blog-signup/">http://www.opportunity.org/blog-signup/</a>subscribe[/intlink] to the blog for our complete coverage of other speakers, sessions and photos from the conference.</p>
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		<title>Watch It Live: The 2010 Fall Microfinance Conference</title>
		<link>http://www.opportunity.org/blog/watch-it-live-the-2010-fall-microfinance-conference/</link>
		<comments>http://www.opportunity.org/blog/watch-it-live-the-2010-fall-microfinance-conference/#comments</comments>
		<pubDate>Mon, 04 Oct 2010 20:32:07 +0000</pubDate>
		<dc:creator>Opportunity International</dc:creator>
				<category><![CDATA[Events]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[2010 fall microfinance conference]]></category>
		<category><![CDATA[claudia kennedy]]></category>
		<category><![CDATA[Conference]]></category>
		<category><![CDATA[Ending Poverty]]></category>
		<category><![CDATA[Enough: Why the World's Poorest Starve in an Age of Plenty]]></category>
		<category><![CDATA[fall microfinance conference]]></category>
		<category><![CDATA[Financial services]]></category>
		<category><![CDATA[knight kiplinger]]></category>
		<category><![CDATA[Maria Otero]]></category>
		<category><![CDATA[Microfinance]]></category>
		<category><![CDATA[Opportunity International]]></category>
		<category><![CDATA[Opportunity International Microfinance Conference]]></category>
		<category><![CDATA[OptINnow]]></category>
		<category><![CDATA[Roger Thurow]]></category>
		<category><![CDATA[tamara cook]]></category>
		<category><![CDATA[Tony Hall]]></category>

		<guid isPermaLink="false">http://www.opportunity.org/?p=6899</guid>
		<description><![CDATA[If you can&#8217;t be with us this week for the 2010 Fall Microfinance Conference on Friday, Oct. 8-Saturday, Oct. 9 in Washington, D.C., you don&#8217;t have to miss out. We&#8217;ll be streaming live video from each of our four plenary sessions at the conference. Tune in to watch live video of speakers, including: Sheryl WuDunn, Pulitzer Prize<a href="http://www.opportunity.org/blog/watch-it-live-the-2010-fall-microfinance-conference/"> Read more...</a>]]></description>
			<content:encoded><![CDATA[<div id="attachment_5330" class="wp-caption alignright" style="width: 160px"><a  href="http://www.opportunity.org/opportunity-microfinance-conference/"><img class="size-thumbnail wp-image-5330" title="Join us for the Opportunity International Microfinance Conference." src="http://c187197.r97.cf1.rackcdn.com/wp-content/uploads/2010/08/OIMC-150x150.jpg" alt="Join us for the Opportunity International Microfinance Conference." width="150" height="150" /></a><p class="wp-caption-text">Join us for the Opportunity International Microfinance Conference.</p></div>
<p>If you can&#8217;t be with us this week for the 2010 Fall Microfinance Conference on Friday, Oct. 8-Saturday, Oct. 9 in Washington, D.C., you don&#8217;t have to miss out.</p>
<p>We&#8217;ll be streaming live video from each of our four plenary sessions <a  href="http://www.opportunity.org/opportunity-microfinance-conference/" target="_blank">at the conference</a>. Tune in to watch live video of <a  href="http://www.opportunity.org/opportunity-microfinance-conference/speakers/" target="_blank">speakers</a>, including:</p>
<ul>
<li><strong>Sheryl WuDunn</strong>, Pulitzer Prize winner and co-author of <em>Half the Sky: Turning Oppression into Opportunity for Women Worldwide</em></li>
<li><strong>Maria Otero</strong>, U.S. Under Secretary of State for Democracy and Global Affairs</li>
<li><strong>Tamara Cook</strong>, Program officer, Financial Services for the Poor, Global Development Program, Bill &amp; Melinda Gates Foundation</li>
<li><strong>Roger Thurow</strong>, Author of <em>Enough:</em> <em>Why the World’s Poorest Starve in an Age of Plenty</em></li>
<li><strong>Tony Hall</strong>, Former U.S. Ambassador, three-time Nobel Peace Prize nominee</li>
<li><strong>Knight Kiplinger</strong>, Respected economic journalist, Editor-in-chief of <em>The Kiplinger Letter</em></li>
<li><strong>Claudia Kennedy</strong>, The first female three-star general in the U.S. Army</li>
</ul>
<p>Go to the <a  href="http://www.opportunity.org/opportunity-international-conference/register-for-the-live-stream/">http://www.opportunity.org/opportunity-international-conference/register-for-the-live-stream/</a>video streaming registration page[/intlink], enter your name and email, and we will send you a login to access videos. Watch our <a  href="http://www.facebook.com/OpportunityIntl" target="_blank">Facebook page</a> and follow us on <a  href="http://twitter.com/OpportunityIntl" target="_blank">Twitter</a> for reminders and updates on session schedules. Plus, subscribe to the <a  href="http://www.opportunity.org/blog/">http://www.opportunity.org/blog/</a>blog[/intlink] for our complete coverage of other speakers, sessions and photos from the conference.  Do not miss the chance to be a part of this event.</p>
<p><a  class="button" onclick="this.blur();" href="http://www.opportunity.org/opportunity-microfinance-conference/register-for-the-live-stream/"><span>REGISTER TO WATCH THE LIVE STREAM</span></a></p>
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		<title>3 Breakout Sessions Not to Miss at Fall Microfinance Conference</title>
		<link>http://www.opportunity.org/blog/3-breakout-sessions-fall-microfinance-conference/</link>
		<comments>http://www.opportunity.org/blog/3-breakout-sessions-fall-microfinance-conference/#comments</comments>
		<pubDate>Mon, 20 Sep 2010 18:14:46 +0000</pubDate>
		<dc:creator>Emily Riemer</dc:creator>
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		<guid isPermaLink="false">http://www.opportunity.org/?p=6677</guid>
		<description><![CDATA[At Opportunity&#8217;s Fall Microfinance Conference, Oct. 8-9, in Washington, D.C., the days will be packed with breakout sessions and presentations from microfinance experts, international visitors and globally-minded individuals passionate about eradicating poverty. For me, this will be my first Opportunity microfinance conference[/intlink], and I&#8217;m really looking forward to hearing from guest speakers[/intlink] like Pulitzer Prize-winner Sheryl<a href="http://www.opportunity.org/blog/3-breakout-sessions-fall-microfinance-conference/"> Read more...</a>]]></description>
			<content:encoded><![CDATA[<p>At Opportunity&#8217;s Fall Microfinance Conference, Oct. 8-9, in Washington, D.C., the days will be packed with breakout sessions and presentations from microfinance experts, international visitors and globally-minded individuals passionate about eradicating poverty.</p>
<p>For me, this will be my first <a  href="http://www.opportunity.org/opportunity-international-conference/">http://www.opportunity.org/opportunity-international-conference/</a>Opportunity microfinance conference[/intlink], and I&#8217;m really looking forward to hearing from guest <a  href="http://www.opportunity.org/opportunity-international-conference/speakers/">http://www.opportunity.org/opportunity-international-conference/speakers/</a>speakers[/intlink] like Pulitzer Prize-winner <a  href="http://www.opportunity.org/blog/sheryl-wudunn-to-speak-at-opportunitys-fall-microfinance-conference-in-washington-d-c/">http://www.opportunity.org/blog/sheryl-wudunn-to-speak-at-opportunitys-fall-microfinance-conference-in-washington-d-c/</a>Sheryl WuDunn[/intlink], high-ranking official in the State Department María Otero, Nobel Peace Prize nominee Tony Hall, acclaimed writer <a  href="http://www.opportunity.org/roger-thurow-enough/">http://www.opportunity.org/roger-thurow-enough/</a>Roger Thurow[/intlink], and many more. But I&#8217;m also excited to meet other globally-minded individuals interested in <a  href="http://www.opportunity.org/what-is-microfinance/">http://www.opportunity.org/what-is-microfinance/</a>microfinance[/intlink], and attend <a  href="http://www.opportunity.org/opportunity-international-conference/breakout-sessions/">http://www.opportunity.org/opportunity-international-conference/breakout-sessions/</a>breakout sessions[/intlink] on a number of technical topics related to philanthropy, poverty, political advocacy, and fields of microfinance.</p>
<p>Here now are just 3 of the many breakout sessions that I&#8217;m excited to attend:</p>
<ol>
<li><strong>Innovations in Technology</strong><br />
We are working on so many exciting <a  href="http://www.opportunity.org/blog/update-innovations-in-technology/">http://www.opportunity.org/blog/update-innovations-in-technology/</a>technological innovations[/intlink] to help make it easier and more efficient to bring financial access to our clients, including sustainable electrical and power solutions, biometric smart cards, and cell phone banking technology. Meet session leader and expert, Daryl Skoog, Opportunity&#8217;s senior VP of technology.</li>
<li><strong>Agricultural Finance: Reaching More of Africa</strong><br />
Sixty-five percent of the sub-Saharan African labor force is employed in agriculture, yet the region’s agricultural sector receives just four percent of official development assistance. This breakout session, led by <a  href="http://www.opportunity.org/blog/john-magnay-on-food-security-in-africa-and-agricultural-finance/">http://www.opportunity.org/blog/john-magnay-on-food-security-in-africa-and-agricultural-finance/</a>John Magnay[/intlink], our senior agricultural advisor, will explain how we&#8217;re extending financial access to our most geographically remote clients on the continent.</li>
<li><strong>Education Finance: Schools for Children Living in Poverty</strong><br />
Through the Banking on Education initiative, we&#8217;ve disbursed over 450 loans to educational entrepreneurs building schools in underserved communities in Ghana, Malawi, Uganda and the Dominican Republic. Plus, we partner with the <a  href="http://www.opportunity.org/blog/irene-pritzker-idp-foundation-honored-with-global-philanthropy-award/">http://www.opportunity.org/blog/irene-pritzker-idp-foundation-honored-with-global-philanthropy-award/</a>IDP Rising Schools Program[/intlink], pioneering a sustainable education model in support of extremely undeveloped schools in rural Ghana. Learn more about expanding educational opportunities through microfinance.</li>
</ol>
<p>For more about our <a  href="http://www.opportunity.org/opportunity-international-conference/speakers/">http://www.opportunity.org/opportunity-international-conference/speakers/</a>speakers[/intlink], our <a  href="http://www.opportunity.org/opportunity-international-conference/breakout-sessions/">http://www.opportunity.org/opportunity-international-conference/breakout-sessions/</a>breakout sessions[/intlink] and the <a  href="http://www.opportunity.org/opportunity-international-conference/agenda/">http://www.opportunity.org/opportunity-international-conference/agenda/</a>agenda[/intlink] for the weekend, visit the <a  href="http://www.opportunity.org/opportunity-international-conference/">http://www.opportunity.org/opportunity-international-conference/</a>Fall Microfinance Conference page[/intlink] on our website. <a  href="http://www.opportunity.org/opportunity-international-conference/opportunity-international-conference-register-now/">http://www.opportunity.org/opportunity-international-conference/opportunity-international-conference-register-now/</a>Click here[/intlink] to register for the conference. Do not miss the chance to be a part of this exciting event.</p>
<p><a  class="button" onclick="this.blur();" href="http://www.opportunity.org/opportunity-microfinance-conference/opportunity-microfinance-conference-register-now/"><span>REGISTER NOW</span></a></p>
<p><strong>Watch the video &#8220;Harvesting Hope,&#8221; and attend the conference breakout session with sr. agricultural advisor John Magnay:</strong></p>
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