Opportunity India provides 100% of its loans to women, who are most in need of financial services. Opportunity is seeking partners to create growing opportunities for women in India.
What is the issue, problem, or challenge?
Up to 87% of the poorest households in India do not have access to credit, and up to 380 million people are in need of microfinance services, especially women. Unfortunately, women do not have access to many business and educational opportunities that men do, but you and Opportunity are changing that. Through microloans, women in India are able to start businesses and develop economic security.
How will this project solve this problem?
Microloans create opportunities for women to flourish. With a small loan of only $159, a woman can buy a cow to sell milk, or purchase material to sew and sell saris, which helps provide for her family's needs and unveil her limitless potential.
Potential Long Term Impact
Through Trust Groups and microloans, women learn new skills creating economic development and sustainability, a network of support, and financial independence for the first time in their lives.
Total Funding Received to Date: $14,841
This project is now in implementation and no longer available for funding. Received funds will be used to accomplish concrete objectives as indicated in the project's "Activities" section. Updates will be posted under the "Project Report" tab as they become available.
Donors' contributions and pledges to this project totaled $14,841 . The original project funding goal was $15,000.