Opportunity's New AI Product Featured in Bloomberg

READ NOW
Donate

Menu

Donate


Follow Us

Search


PO Box 2826
Carol Stream, Illinois 60132

Toll Free: 1-800-793-9455

© 2024 Opportunity Internationala 501(c)3 nonprofit. EIN: 540907624.

News Blog

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…

Read More

The Challenge of Credit Scoring

by Sonja Egeland Kelly

A lack of a formal credit score makes risk mitigation particularly difficult and thus has the potential to reduce the effectiveness of microfinance. A lack of some type of credit information can cause microfinance institutions to make decisions that are not in the best interest of the client. In the worst case scenario, either someone who deserves a loan is denied it or someone who cannot pay back a loan is granted it. To mitigate this risk, Opportunity hopes to track the qualitative characteristics…

Read More

Development as a strategic, economic and moral imperative

by Rob Meloche

“Women and girls are one of the world’s greatest untapped resources and a terrific return on investment…I have seen for myself the transformative power of microlending in women’s lives and their families and communities.” The above quote is from a speech given earlier this week at the Center for Global Development by Secretary of State Clinton. Her wide-ranging address not only highlighted microfinance, it called for greater investment in many of the areas Opportunity International is working,…

Read More

Opportunity International Gives Thanks for Dedicated Supporters

by Cynthia Greenwood

Opportunity International gives thanks for dedicated supporters like Bob and Polly McCrea, who are highlighted in the Minneapolis Star-Tribune article For retired Lake Minnetonka couple, giving has no season.  The story is about the couple’s lifestyle of giving, including their longtime service to Opportunity International. Polly is a former board chair, and she and Bob are members of our Board of Governors. The couple is passing on this wonderful legacy to their children, who each found ways…

Read More

Rabia Mwakasaka’s New Beginning

by Sonja Egeland Kelly

As we jump into 2010 with both feet, I am reminded of Rabia Mwakasaka’s story. Rabia is a widow with three children. Before she came to Opportunity Tanzania, she worked out of her home, but could not seem to make ends meet. She didn’t have the capital to buy large quantities of raw materials, so business was difficult. She lamented that she was unable to send her children to school or to properly feed them. Upon her introduction to Opportunity, however, she discovered a new beginning for herself…

Read More

Top 5 Reasons Urbana Rocks!

by Amy Carol Wolff

I just spent a week with 16,000 amazing people, sharing about microfinance, listening to countless stories, and enjoying the energy that comes with being around people who want to make an impact. I’d like to share a few of the highlights as we enter into the new year:  1. The Students. Seriously, every day I got to see energy and life and drive in the eyes of these students from across the world. Yesterday, I spoke with a girl from Zambia who is interested in working with us when she goes home…

Read More

Opportunity International at Urbana 2009

by Amy Carol Wolff

Hello from St. Louis! To create some context, on Sunday, the downtown area of St. Louis nearly doubled in size. And a couple of us from Opportunity International are spending this week with over 16,000 university and high school students from over 100 countries at Intervarsity’s conference- Urbana 2009. You can feel the energy when you walk the streets of downtown. It’s pretty radical. As one of the exhibiting organizations, we have the awesome opportunity to interact with students interested…

Read More

Creating New Traditions

by Marisa Brown

We are always encouraged when we hear stories about Opportunity International’s initiatives that are becoming part of families’ traditions, such as OptINnow holiday gift cards and the One Hen book and website. In addition to empowering aspiring entrepreneurs to start businesses so that they can work their way out of poverty, OptINnow gift cards also influence families’ gift exchange traditions during the holiday season. Ruth-Anne Renaud is particularly thrilled for her family’s gift exchange…

Read More

#Mifimon: Microfinance and Technology

by Amy Carol Wolff

The following is a collaborative post from Grameen Foundation’s Edward Cable and Opportunity International’s Amy Carol Wolff. Moderators: @amycarolwolff @mifos Panelists: @bhalchander @creditsms @GrameenAppLab @msftcitizenship Participants: @aaspire @hanacaraka @microempowering @HoracioCoutino @laurakummer @licorous @zyozyfounder @mongkolroek @RealizedWorth @CIPEglobal @CFI_ACCION @digitalkulcha @AJRenold @Optinnow The topic from this past #Mifimon: strategic use of technology for microfinance. …

Read More

Guest Post: Believe in Sheela

by Desiree Adaway

The following is a guest post by  Desiree Adaway, Sr. Director of Volunteer Mobilization at Habitat for Humanity. It was first posted on her personal blog. I want you to believe in Sheela.  She is  a leader of  Opportunity International’s Baba Trust Group meeting in Chennai, India. Nineteen women have joined together to repay loans, learn accounting skills and socialize They are doin it for themselves.  One powerful way that women are doing it for themselves  and helping to make sure…

Read More

Subscribe to our Newsletter