By Katie Morgan | Online Marketing Specialist
From a small community-based endeavor, Opportunity Uganda has become one of the Largest microfinance institutions in the country.
Big harvests have created countless opportunities for Uganda farmers
By supporting Opportunity in Uganda, you provided farmers with tailored savings and loan products, linkages to high-quality farm inputs, training in business and farming best practices, and market access all supporting farmers who can earn a more reliable income. In Uganda, we achieved a 118% increase year-over-year in the number of AgFinance loans delivered to smallholder farmers.
Digital financial solutions
High-touch, high-tech, high-impact services make banking simple and accessible for Ugandan clients. Today, more than four million Opportunity clients globally are registered to access their accounts digitally. In Uganda, marginalized entrepreneurs register to conduct transactions using their basic cell phones or ATMs and engage in non-financial activities like taking surveys and receiving training via voice messages and texts. Digital services in Uganda have been a marked benefit to farmers and families living in the rural and remote communities. Basic cell phones and ATMs have become key business tools for Ugandan entrepreneurs where we developed a new digital strategy that focuses on client incentives and greater interaction, bolstering the bank's capacity and improving customer service. Since then, OBUL experienced a significant increase of more than 33%in digital transactions, resulting in an average of 6,139 digital transactions per month.
Measurable education outcomes for Ugandan children
Internal and external research and evaluations prove EduFinance leads to better outcomes for students and schools. We are committed to measuring our impact, making continuous improvements, and striving to achieve the highest levels of social impact and sustainability. Recent studies in Uganda and Rwanda demonstrate that EduFinance is helping schools reach more vulnerable children, offer higher-quality education, and become sustainable. The studies confirmed the impact of our School Improvement Loans. Surveys and interviews among local staff, 87 school proprietors, and 200 parents showed great consistency between our EduFinance objectives and the educational needs and aspirations of families and communities. Key findings include:
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By Katie Morgan | Online Marketing Specialist
By Katie Morgan | Online Marketing Specialist
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