Transform Lives in Kenya with Microloans

by Opportunity International
Transform Lives in Kenya with Microloans
Transform Lives in Kenya with Microloans
Transform Lives in Kenya with Microloans
Transform Lives in Kenya with Microloans
Transform Lives in Kenya with Microloans
Transform Lives in Kenya with Microloans
Transform Lives in Kenya with Microloans
Transform Lives in Kenya with Microloans

Summary

Opportunity International offers a variety of loan products, including cell phone banking, to enable Kenyans living in poverty to transform their lives.

$610
total raised
16
donors
0
monthly donors
13
years

Challenge

Only 23% of Kenya’s 39 million people have access to banking services. Thirty-two percent of the population lives beyond the reach of bank branches, while the rest simply do not qualify for access to traditional banking. Following the elections in December 2007, the need for stable financial structures in Kenya became increasingly apparent as the country faced violence and significant political unrest.

Solution

Opportunity Kenya was established in 2006 and operates in the Western Province of Kenya, an impoverished area plagued by HIV/AIDS, and in the Nairobi area, where urban slums are home to millions who struggle to make ends meet.

Long-Term Impact

Through your contribution to this initiative, you are helping to expand access to financial services so that more people in Kenya will be able to secure their savings, borrow capital for their businesses, and receive business training.

Resources

Organization Information

Opportunity International

Location: Chicago, IL - USA
Website:
Opportunity International
Dana Lunberry
Project Leader:
Dana Lunberry
Partner Relationship Specialist
Oak Brook , IL United States

Funded Project!

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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