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Inspire Malawians Out of Poverty

 
$1,000
$0
Raised
Remaining

Summary

Become an agent of change. Your generous donation will assist individuals and families in Malawi inch their way out of poverty though Opportunity's microfinance network.

What is the issue, problem, or challenge?

With a population of 15 million, 53% of the population live below the poverty level, which means that almost 8 million people are without basic necessities. Families in Malawi need microloans and microinsurance to advert disaster. Before Opportunity's microinsurance program, farmers and families of Malawi had no safety net, but now, despite droughts and unforeseen circumstances, families will be able to survive the most dire circumstances.

How will this project solve this problem?

Your donation will help Opporunity maintain its essential banking services including supporting our mobile banks and cell phone banking technology as well as expanding our services to impoverished families across Malawi.

Potential Long Term Impact

Families can now avoid disaster. Our outreach to loan clients increased significantly, from 4,665 in December 2009 to 7,993 today – a 71% increase. With your help we will expand our services to the most rural areas of Malawi.

Funding Information

Total Funding Received to Date: $1,000

Funding Information

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 $1,000 .  The original project funding goal was $1,000.

Resources

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?

Map of Inspire Malawians Out of Poverty
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