Microloans Help Poverty-Stricken in Mexico

 
$745
$255
Raised
Remaining
Nov 9, 2011

Activity Highlights

With nearly 7,000 active loan clients, Opportunity Mexico continues to achieve steady growth. The outstanding loan portfolio grew by more than 26% in the first six months of the year. Opportunity Mexico delivers loans and training through Trust Groups and is currently developing individual loan products to serve clients who operate small and medium businesses as well as Trust Group clients who have graduated to larger loans with more flexible terms. In July, Opportunity Mexico launched a credit life insurance policy that includes funeral coverage for clients and their family members.

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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

Ian Haisley

Oak Brook, Illinois United States

Where is this project located?