By Ian Haisley | VP, Interactive Marketing
By investing in technology and education, Opportunity Uganda is improving farmer yields and keeping children in school, fending off the pangs of the hungry season and promoting a brighter future.
In 2013, Opportunity Uganda opened three new mobile banks and four ATMs. This, combined with the launch of cell phone banking, means that clients have fewer expenses and easier access to financial services. As of December 2013, 1800 clients were using mobile banking, eliminating the time and danger of traveling long distances while handling cash. Technology helps with crop production as well: using GPS technology provided by the Grameen Foundation, Opportunity Uganda agriculture officers were able to map out farmers’ cocoa plots, diagnose crop diseases, and obtain market information.
School loans are also a priority for Opportunity Uganda. In the next two years, Opportunity plans to support an additional 30 school proprietors with School Improvement loans, bettering education for 7500 students. School Fee loans, which help keep children in school even if their parents cannot afford tuition, are being expanded as well: Opportunity plans to reach an additional 3000 students by February 2016.
Opportunity Uganda opened the doors of three new branches in 2013, bringing the total to 19 branches across the country. These 19 branches serve over 100,000 clients — a growth of 26% from 2012 — all of whom are investing in and working toward their dreams.
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