Opportunity International

Our mission is to provide opportunities for people in chronic poverty to transform their lives. Our strategy is to create jobs, stimulate small businesses and strengthen communities among the poor. Our method is to work through sustainable local microfinance institutions that provide small business loans, savings, insurance and training. Our commitment is motivated by Jesus Christ's call to serve the poor. Our core values are respect, commitment to the poor, integrity and stewardship.
Oct 7, 2013

Nicaragua Community Development Program Update

AGRICULTURAL PROGRAM

In 2012, the agricultural program achieved notable growth. The yucca processing plant reached $250,000 in sales, confirming the demand for our products and surpassing the established goal by more than 20%. During the year, 125 new farm loans were disbursed. Opportunity’s approach of co-investing provides farmers with seeds, farm loans and technical assistance plus market solutions including the use of our processing plant which adds value to the products, garnering farmers a higher price at market. Opportunity’s profit sharing and ownership model produces multiple impacts: increased income, asset accumulation, job creation and access to new markets – all dynamic economic indicators that create a sustainable, cycle of development. Highlights include:  

 

  • Through community awareness, the staff reached out to 121 new farmers by conducting orientation sessions regarding Opportunity’s farm and processing services.
  • Currently, we are serving 365 farmers, of whom 45 are women and 66 are now linked to markets through Opportunity’s yucca plant. 
  • The plant processed 2.4 million pounds of product and generated $255,797 in sales revenue.
  • 15 farmers earned $7,000 by selling their harvest to the yucca processing plant. 
  • Farmers increased yields by 30-50%, resulting in a significant increase in net income.
  • Last fall, Opportunity received a generous donation of a tractor that is used to groom both Opportunity’s and our client’s fields. 
  • The Inter-American Development Bank approved a grant to provide technical assistance, research, program expansion and evaluation of our agricultural program over the next 3.5 years. 
  • In 2012, Opportunity launched a new loan product to help families acquire piglets to address cyclical cash flow problems between harvests. On average, pigs are sold at market for a profit of $56. 

 

COMMUNITY INFRASTRUCTURE AND LEADERSHIP PROGRAM 

Dedicated to helping families with a strong desire to help themselves and their neighbors, Opportunity’s Community Infrastructure projects finished 2012 strong by completing the largest community-led infrastructure project to date – the repairing of the La Laguna road. This was the first project that included Opportunity International, the community and the local municipality. 

 

  • More than 12,000 people are direct beneficiaries of these community projects. 18 loans were provided to repair houses and 48 loans to women for purchasing pigs. 
  • There are 24 active libraries in our network that are receiving training.
  • The La Laguna road is fully repaired. The community is now working to change the electrical system to reduce costs in pumping water for the aqueduct. The entire community now has access to water!
  • 65 efficiency stoves were purchased by our clients and installed in the area.
  • There are more than 400 active youth in the three established Young Life clubs serving the poorest barrios in Granada. More than 30 youth were fully funded to attend leadership camp this quarter.
Oct 7, 2013

Project Update: What We Have Accomplished!

Opportunity Mozambique’s operations began in 2005 when two existing microfinance institutions joined together in partnership with Opportunity International. With a focus on rural expansion, Opportunity Mozambique serves clients via 7 hub, 6 satellite and one container branch plus one ATM and 6 mobile bank vans with 26 stops. BOM is also poised to join the Education Finance Initiative in 2013.

What else we are working on:

Rural Expansion –In 2013, BOM plans to launch a container branch in Nhamatanda, increase its mobile bank fleet from six to seven, and install three new ATMs. Additionally, plans are underway to introduce cell phone banking by 2014.

Agriculture Finance Initiative Opportunity Mozambique more than tripled its outreach of loans and specialized training to 13,391 farmers in 2012, up from 4,365 the prior year.

Holistic Transformation/Training – In 2012, BOM developed and launched training materials for a financial literacy e-learning platform that will use a train-the-trainers methodology. In addition to group training, the bank also piloted expanded awareness training in September 2012 to 1,120 clients in Nampula, Quelimane, Chokwe, Chimoio, Beira and Manica on importance of savings, insurance, business plans and cash flow management.

Oct 7, 2013

Her journey started with you.

Her journey started with you. Families living in chronic poverty are making the most of the opportunities you make possible, living their dream of having a different and better life. Because you invested in Opportunity Malawi, we can continue to invest in people like Beatrice Ngombe of Lilongwe, Malawi as we expand deeper into rural communities where the daily challenges associated with poverty hit the hardest. 

 

Each month, Beatrice hires transport for dried fish, rice and soap to sell at markets in Zambia. For the 16-hour return trip she invests her profit to buy 50 bolts of the finest cloth in Zambia to sell to store owners in Lilongwe.  

Remarkably, this 57-year-old woman, who has lived in extreme poverty most of her life, has learned to negotiate the transport, storage and sale of these goods, establishing a supply chain spanning two countries. It all began when Beatrice left her abusive husband and opened a goods stall to support her two children. A natural entrepreneur, she believed that with hard work and ingenuity she could build a successful business. Beatrice applied for her first loan and opened a savings account with Opportunity Malawi in 2004. Today, on her 7th loan, this one valuing $2,700, she has grown her business from a table top to an import/export business, creating jobs for 12 people.  

With Beatrice’s increased profits and savings, and a great deal of determination over eight years, she has constructed a home with a concrete floor, running water and electricity. She has also secured plots with plans to build rental homes. Perhaps most importantly, she has impacted the future of her grandson and three granddaughters, all orphaned at an early age, by paying for their secondary education. She also mentors several young women in her community, encouraging them to save money and build their businesses. Despite the difficult circumstances of her life, Beatrice lives with energy, passion, dignity and hope.  She says, “I am a living example of what a woman can accomplish through hard work and economic empowerment.”

 

An anonymous donor will match all new monthly recurring donations, but only if 75% of donors upgrade to a recurring donation today.
Terms and conditions apply.
Make a monthly recurring donation on your credit card. You can cancel at any time.
Make a donation in honor or memory of:
What kind of card would you like to send?
How much would you like to donate?
  • $25
  • $50
  • $75
  • $110
  • $250
  • $500
  • $25
    each month
  • $50
    each month
  • $75
    each month
  • $110
    each month
  • $250
    each month
  • $500
    each month
  • $
gift Make this donation a gift, in honor of, or in memory of someone?

Reviews of Opportunity International

Great Nonprofits
Read and write reviews about Opportunity International on GreatNonProfits.org.