News Blog
Photo 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 MoreBreaking Down Barriers & Building Access Through Microfinance Innovations
Targeted to reach the most marginalized, Opportunity’s financial products help hardworking people overcome the inherent obstacles of poverty and build a more stable, secure and fulfilling life. Throughout the developing world, people are excluded from access to financial services by barriers like meager, unsteady income; illiteracy; gender bias; expensive transportation and geographic isolation. To address these challenges, Opportunity carefully crafts savings, loan, training and insurance products…
Read MoreEmbarking 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 Rwanda and Uganda, to see the impact of Opportunity’s Banking on Africa initiative, a campaign to bring life-changing financial services to millions of people in rural and…
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 MoreThe Top 10 Blogs about Poverty, Development and Microfinance
Blogs are a great way to hear a variety of voices and experience an issue from diverse perspectives and if you’re interested in microfinance and global development there are a variety of sites full of information, opinions, and more. These blogs, like our Opportunity Blog, are fun ways to learn more about the voices and contributors in the microfinance industry. Below are 10 interesting blogs that present unique perspectives on the topic of microfinance. Do you agree with our picks? Let us know…
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 MoreWhat We’re Watching: John Deere Classic on CBS Sports–John Deere Foundation Partners with Opportunity to Make a Difference
This video clip, which aired Sunday, July 10 on CBS Sports during the 2011 John Deere Classic PGA golf tournament, celebrates John Deere’s partnership with Opportunity International through the Classic and other initiatives. Here, John Deere chairman and CEO Sam Allen discusses the company’s commitment to philanthropy and economic development at home and abroad, ensuring that lives are improved and better futures created, emphasized by the work of the John Deere Foundation. The John Deere Foundation…
Read MorePrayers for Peace in Malawi
The following post is a letter from Bill Morgenstern, CEO of Opportunity International, to Opportunity’s staff and supporters about the recent demonstrations in Malawi. While we are still gathering information on the riots in Malawi, we wanted to provide you a brief update on the situation. There are reports that during the anti-government protests yesterday nearly 20 people were killed, many more injured and dozens of businesses ransacked. We are saddened to report that one of our banking kiosks…
Read MoreOpportunity Co-Hosts Financial Literacy Conference in Kenya
This week in Nairobi, Opportunity International and The Financial Education Fund (FEF)–which is funded by the Department for International Development (DFID)–are co-sponsoring a Financial Literacy Conference to explore how access to financial services can be facilitated and enhanced through financial education initiatives. The Financial Literacy Conference opened with remarks from Professor Njuguna S. Ndunu’u, governor of the Central Bank of Kenya, who emphasized that financial literacy not…
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