Empower Entrepreneurs in South Africa

 
$145
$855
Raised
Remaining
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  • Empower Entrepreneurs in South Africa has received 1 donation
    • 1 year ago
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  • Empower Entrepreneurs in South Africa has made updates to their project page.
    • 1 year ago
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  • Empower Entrepreneurs in South Africa posted a progress report
    Thank You for Supporting Entrepreneurs
    By - Ally Lynch - Online Marketing Manager
    There is a great need to build trust in financial institutions among South Africans, who are often denied access to credit from regular commercial banks. With 31.3 percent of the population living below the poverty line and 10 percent of South Africans holding 80 percent of the country’s wealth, those at the bottom of...
    • 1 year ago
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  • Empower Entrepreneurs in South Africa posted a progress report
    Project Update: What We Have Accomplished!
    By - Madeline Stone - Marketing and Communications Associate
    With 43% of the population living on less than $2 per day and 10% of the South Africans holding 80% of the country’s wealth, those at the bottom of the economic pyramid lack meaningful access to formal banking services. Currently, Opportunity South Africa operates 10 branches that provide a variety of services to...
    • 1 year ago
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  • Empower Entrepreneurs in South Africa posted a progress report
    Meet the Lady Farmers of the Gcumisa Cooperative
    By - Robert Smith - Opportunity International
    Eleven of Opportunity South Africa’s Pietermaritzburg branch clients are members of the Gcumisa Cooperative, six men and five women. The Gcumisa Cooperative is located in a rural community outside the small town of Wartburg. The main crop of this area is sugarcane and most of the land is leased out to growers by the...
    • 2 years ago
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  • Empower Entrepreneurs in South Africa posted a progress report
    Using Technology to End Poverty in South Africa
    By - Emily Terrell - Online Community Specialist
    Serving Rural Clients in South Africa Unlike many microfinance organizations, we believe that financial services should not be accessible only to those in the big cities. Many living in rural communities of South Africa live hours from the nearest bank, ATM, or store with credit access. That's why we're using...
    • 2 years ago
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  • Empower Entrepreneurs in South Africa posted a progress report
    The Need for Microfinance in South Africa
    By - Emily Engel - Online Community Specialist
    There is a great need to build trust in financial institutions among South Africans, who are often denied access to credit from regular commercial banks. Less than 35 percent of the people hold formal employment, and poverty is rampant at the bottom of the economic pyramid. Opportunity South Africa started in 2006 in...
    • 2 years ago
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  • Empower Entrepreneurs in South Africa posted a progress report
    Microfinance brings new energy to South Africa
    By - Emily Engel - Marketing and Communications Intern
    2012 has been named the United Nations’ “International Year of Sustainable Energy for All.” In the UN’s own words, “Energy is opportunity. It transforms lives. Economies. The planet.” Many of Opportunity's clients live in the sunniest parts of the world, but experience some of...
    • 3 years ago
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  • Empower Entrepreneurs in South Africa has received 3 donations
    • 3 years ago
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  • Empower Entrepreneurs in South Africa has made updates to their project page.
    • 3 years ago
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  • Empower Entrepreneurs in South Africa posted a progress report
    The Importance of Microfinance in South Africa
    By - Ally Lynch - Outreach Campaign Specialist
    There is a great need to build trust in financial institutions among South Africans, who are often denied access to credit from regular commercial banks. South Africa is home to over 50 million people but only has a life expectancy of 51.6 years. Less than 35 percent of the people hold formal employment, and poverty is...
    • 3 years ago
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  • Empower Entrepreneurs in South Africa posted a progress report
    Activity Highlights
    By - David Santoso - Online Community Specialist
    Opportunity South Africa serves 4,380 clients from five branches, a growth of 5% from 2010 year end, with a $6.4 million loan portfolio. Small and Medium Enterprise business loans and training are the backbone of our clients’ success in South Africa. Loans are disbursed individually rather than in groups and clients...
    • 3 years ago
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  • Empower Entrepreneurs in South Africa posted a progress report
    Bank on South Africa
    By - Jacqueline Ryan - Marketing Intern
    This summer, Opportunity International has launched the Bank on Africa campaign, designed to bring financial services to Sub-Saharan Africa, including South Africa. At Opportunity International, we are working toward the day when all South Africans can safely deposit their savings, access loans to grow their businesses, and...
    • 4 years ago
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  • Empower Entrepreneurs in South Africa has made updates to their project page.
    • 4 years ago
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  • Empower Entrepreneurs in South Africa has received 1 donation
    • 4 years ago
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  • Empower Entrepreneurs in South Africa posted a progress report
    Youth Take Action Against Poverty
    By - Olivia Schultz - Project Personnel
    The World Festival of Youth and Students in Pretoria took place in South Africa this past year, the largest youth festival in the world. More than 500 young people from around the world gathered to discuss social, political and economic issues that affect their generation. Youth represent a growing share of the...
    • 4 years ago
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  • Empower Entrepreneurs in South Africa has been approved to be on GlobalGiving!
    • 4 years ago
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Funded

Combined with other sources of funding, this project raised enough money to fund the outlined activities and is no longer accepting donations.

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Organization

Project Leader

Ally Lynch

Oak Brook, Illinois United States

Where is this project located?