Banking on Africa

by Opportunity International
Banking on Africa
Banking on Africa
Banking on Africa
Banking on Africa
Banking on Africa
Banking on Africa
Banking on Africa
Banking on Africa
Banking on Africa
Banking on Africa
Banking on Africa
Banking on Africa
Banking on Africa
Banking on Africa
Banking on Africa
Banking on Africa

Project Report | Oct 6, 2015
Banking on Africa October Update

By Lauren Thorn | Online Community Manager

Rorance at her fabric business.
Rorance at her fabric business.

Despite economic challenges experienced in 2014, Opportunity Rwanda increased its number of clients with savings accounts by 150% over the prior year. 175,421 clients now have access to savings with a total value of $13,580,481 in savings deposits. This growth marks a significant milestone for most entrepreneurs who have previously not had access to financial services and for Opportunity Rwanda which was named a top-running bank by the National Bank of Rwanda. Because of you, families are operating income-generating businesses and saving for the first time. Farmers are increasing production to put food on the family table, and improve food security in their communities, and parents are sending their children to school, including Rorance, the sole provider for eight children.

Rorance is elated about the transformation she has achieved for herself and for her family. Not long ago, she found herself abandoned and frightened for her seven children and one orphan entrusted in her care. Before joining an Opportunity Rwanda Trust Group, Rorance struggled to bring her fabric business to profitability. Today, she is able to feed her children two nutritious meals each day and send them all to school. With your help, their future is bright. 

Links:

Share on Twitter Share on Facebook

About Project Reports

Project reports on GlobalGiving are posted directly to globalgiving.org by Project Leaders as they are completed, generally every 3-4 months. To protect the integrity of these documents, GlobalGiving does not alter them; therefore you may find some language or formatting issues.

If you donate to this project or have donated to this project, you can receive an email when this project posts a report. You can also subscribe for reports without donating.

Sign up for updates

Organization Information

Opportunity International

Location: Chicago, IL - USA
Website:
Opportunity International
Ian Haisley
Project Leader:
Ian Haisley
Chicago , 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.
   

Still want to help?

Find another project in Uganda or in Economic Growth that needs your help.
Find a Project

Learn more about GlobalGiving

Teenage Science Students
Vetting +
Due Diligence

Snorkeler
Our
Impact

Woman Holding a Gift Card
Give
Gift Cards

Young Girl with a Bicycle
GlobalGiving
Guarantee

Get incredible stories, promotions, and matching offers in your inbox

WARNING: Javascript is currently disabled or is not available in your browser. GlobalGiving makes extensive use of Javascript and will not function properly with Javascript disabled. Please enable Javascript and refresh this page.