News Blog
Unlocking Potential Through the Power of Education
Opportunity’s financial products, educational programs and business training help impoverished families, especially women, develop their capacity to the fullest. Where poverty is the way of life, people’s potential is often overshadowed by the struggle to survive. But when equipped with the right tools, even the most vulnerable are able to change their own world and create a better future for their children. We stand alongside our clients with a mission to provide those tools—the financial…
Read MoreAn 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 fund is now “over reserved” so as a group they are buying a motor scooter and hiring a driver to start a taxi service owned by the group. Amazing. I am just blown away. They have done this on an average…
Read MorePhoto Blog: We’re Banking on Africa
This summer, Opportunity has launched the Banking on Africa Campaign. The campaign aims to bring millions of Sub-Saharan Africans closer to the day when they can safely deposit their savings, access loans to grow businesses, and purchase affordable insurance to protect their families—right in their own communities. Check out a photo tour below of some of the countries we’re serving in Sub-Saharan Africa. For more on the Banking on Africa Campaign, check out opportunity.org/africa.
Read MoreMy Inspirational Meeting in Malawi with Microfinance Client Mary Jackson
Recently, Opportunity International staff members traveled to Malawi, seeing firsthand how technology enables us to deliver microfinance services to rural people living in extreme poverty. They met with Opportunity Malawi clients and local staff to capture the stories of entrepreneurs who are working hard to break the cycle of poverty. Below, read staff member Cynthia’s account of her meeting with client Mary Jackson. At first, Mary was very shy, and wouldn’t look me in the face when I sat down…
Read MoreTanzania Reporter Meets Emilia P. Mtei of the Chapakazi Trust Group
She is part of the Trust Group called Chapakazi (translation: Hard-Working) based in Moshi, Tanzania. Her passion is working at her small grocery store where she sells fish, avocados and various other vegetables. Emilia looks over at her loan officer Levina and laughs aloud as we YAO members ask her questions about her loan success and business goals. The women in this group are going into their second loan cycle, glowing with pride over their accomplishments. Levina translates for the women who…
Read MoreBank on Africa this Summer and Be a Part of Something Big
Opportunity International‘s Banking on Africa Campaign is bringing millions of Sub-Saharan Africans closer to the day when they can safely deposit their savings, access loans to grow their businesses and purchase affordable insurance to protect their families—right in their own communities. The Banking on Africa Campaign enables us to provide powerful financial tools in rural and remote areas that help build thriving communities and break the cycle of poverty. This summer, take a small part in…
Read MoreOur Prayers for the Millions Affected by the Drought in East Africa
For the past two years, a drought has affected East Africa and has placed more than 10 million people at risk. The lack of rain, especially in Somalia, Kenya and Ethiopia, has caused crops to fail, food prices to rise, and cattle to perish, reducing food sources and food security for the people. Unfortunately, there is no immediate end in sight, as rains are not expected in the near future and the harvest season will not occur for several months. In Kenya, it is estimated that 3.5 million people…
Read MoreUpdate: Opportunity DRC in Kinshasa Grows, Expanding Microfinance to More People of the Congo
Opportunity Democratic Republic of Congo (DRC) celebrated its grand opening on May 19th in the capital city of Kinshasa. Since Opportunity International‘s arrival in the DRC, we’ve seen marked changes in the lives of the Congolese people. Opportunity DRC is extending much-needed microfinance products in a country where only 1% of the population has access to basic financial services. To date, over 690 Opportunity DRC clients have already received loans to grow their businesses. Two-thirds of…
Read MoreStudents of the World (SOW): Ghanaian Agricultural Finance Client Beatrice is a “Lady of the Land”
The Students of the World (SOW) Boston team has just returned from a month-long trip to Ghana to visit Opportunity Ghana‘s microfinance operations and document their experiences in dozens of photos, posts and more on their blog. You can see all their updates and content on their site, and stay tuned to the Opportunity Blog and our Facebook page for updates from their trip. The following post, “Lady of the Land,” was published on Wednesday, June 18 about Ghanaian agricultural client Beatrice…
Read MoreCelebrating Independence Day around the World
On Independence Day, Americans celebrate with fireworks, barbeques, and joyous gatherings. We celebrate our “Americanness” whole-heartedly today and believe our national identity is a representation of the freedom that we gained in 1776. With that being said, none of us were alive in 1776! In fact, the majority of us don’t have relatives that were in this country during independence. Yet, our desire to celebrate our love for this country manifests within us because of the freedoms it brought…
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