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Carol Stream, Illinois 60132

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© 2022 Opportunity Internationala 501(c)3 nonprofit. EIN: 540907624.

News Blog

Opportunity International Provides Crucial Support to Microfinance Bank in Haiti

by Cynthia Greenwood

Fonkoze, the largest microfinance organization in Haiti, is being hailed for its distribution of cash more quickly than traditional banks after the earthquake destroyed the country’s banking infrastructure. Opportunity International has been playing a crucial supporting role to Fonkoze in getting the bank up and running after the disaster. After years of struggling to adapt traditional banking software to its microfinance operations, Fonkoze began working with Opportunity to implement the technology…

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Yes, We Care, Kenya

by Cynthia Greenwood

Capturing the stories of our field staff and clients during our time in Uganda and Kenya inspired us, and we hope it inspires you. While we were having dinner on our final night in Kenya, Ruth-Anne Renaud gave me the idea of starting up a fundraising group at OptINnow.org. It was easy to do, and now my friends and family are raising money to fund loans for two women clients at Opportunity Kenya. As of today, we’ve got 19 members in the “We Care, Kenya” group, but my goal is to have 30 by the…

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Ask a Microfinance Expert: M-Banking

by Sonja Egeland Kelly

The microfinance landscape has changed because of the advent of mobile phone banking technology. With the simple use of a cellular phone, Opportunity clients can check their account balances, transfer money between accounts, send money to other people, pay bills, receive salary or government payments, and buy airtime. If the people cannot come to the bank, Opportunity brings the bank to them through their phones. Rural clients in particular will hopefully be able to thrive under the mobile phone…

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Two Days of Discovery in Uganda

by Ruth-Anne Renaud

Cynthia Greenwood, Opportunity’s public relations specialist, and I recently traveled to Uganda and Kenya to capture the stories of Opportunity’s clients, programs, loan officers and services. We started our trip in Kampala, Uganda, where we spent two days discovering the intersections amongst our clients: a school proprietor, a Trust group, marketplace vendors, and children that all benefit from Opportunity’s small business loans, savings, insurance, training and school fee loans. We were…

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Melinda Gates Highlights Opportunity International

by Rob Meloche

Earlier this week, Opportunity International was honored to host Melinda Gates as she visited some of our clients and experienced our banking services in Malawi. With the support of the Bill & Melinda Gates Foundation, Opportunity is expanding access to savings accounts, loans, training and insurance to people struggling to work their way out of poverty in the developing world. In her blog post yesterday from the World Economic Forum in Davos, Melinda discusses the “important link between improving…

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Get Involved in Giving GROWTH a Chance

by Sonya Perez-Lauterbach

About the GROWTH Act Global Resources and Opportunities for Women to Thrive (GROWTH) Act (S.1425) is an innovative bill that is currently being discussed in Congress. It will give greater economic opportunities to women and families living in poverty. This bill was introduced in the Senate by Sen. Durbin, Richard (IL) on July 9, 2009. It was read twice and referred to the Committee on Foreign Relations. The GROWTH Act was put together after two years of study and the technical advice of Opportunity’s…

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Opportunity International Honors Dr. Martin Luther King, Jr.

by Sonja Egeland Kelly

I must be true to my conviction that I share with all men the calling to be a son of the living God. Beyond the calling of race or nation or creed is this vocation of sonship and brotherhood, […] I believe that the Father is deeply concerned especially for his suffering and helpless and outcast children. This I believe to be the privilege and the burden of all of us who deem ourselves bound by allegiances and loyalties which are broader and deeper than nationalism and which go beyond our nation’s…

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The Tragedy in Haiti: How You Can Help

by Rob Meloche

At Opportunity International we are heartbroken over the horrible suffering and staggering devastation in Haiti. Please join with us in praying for the people of Haiti and supporting the ongoing relief effort. In this immediate aftermath, we would encourage you to consider supporting one of our partners with operations in Haiti or one of the many other great organizations who are providing services in the country. A terrible tragedy like this demonstrates the vulnerability of those living in poverty,…

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Congress provides more money for microfinance

by Cynthia Greenwood

Let’s celebrate the increase in appropriations for microfinance and microenterprise development for FY2010. It grew from $245 million to $265 million—terrific in a tight budget year. (This is pending a final vote but reflects the conference report from the House and Senate and is likely to pass.) Also, we are thrilled that Congress has put language in the appropriations report that directs USAID to:• increase funding for microfinance in Africa• focus 25% of funding on funding to build the…

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Introducing #Mifimon 2010!

by Amy Carol Wolff

Interested in learning about microfinance? Follow our biweekly discussion group #mifimon (because Microfinance Mondays was too long for Twitter’s 140-character limit). Our aim is to host an exchange of ideas about issues relevant to the microfinance industry. You’re welcome to lend your voice, whether you’re a practitioner in the field or a newbie just learning the basics. Just end your messages with the hashtag #mifimon! Happy new year to you all! I hope the holidays and the beginning of this…

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