Microloans Create Opportunities for Indian Women

by Opportunity International
Vetted

Summary

Opportunity India provides 100% of its loans to women, who are most in need of financial services. Opportunity is seeking partners to create growing opportunities for women in India.
$15,091
total raised
159
donors
0
monthly donors
6
years active

Challenge

Up to 87% of the poorest households in India do not have access to credit, and up to 380 million people are in need of microfinance services, especially women. Unfortunately, women do not have access to many business and educational opportunities that men do, but you and Opportunity are changing that. Through microloans, women in India are able to start businesses and develop economic security.

Solution

Microloans create opportunities for women to flourish. With a small loan of only $159, a woman can buy a cow to sell milk, or purchase material to sew and sell saris, which helps provide for her family's needs and unveil her limitless potential.

Long-Term Impact

Through Trust Groups and microloans, women learn new skills creating economic development and sustainability, a network of support, and financial independence for the first time in their lives.

Resources

Learn more at Opportunity.org
Watch a video about Opportunity in India
Read a blog about Trust Groups in India

Organization Information

Opportunity International

Location: Chicago, IL - USA
Website: http:/​/​www.opportunity.org
Project Leader:
Emily Engel
Oak Brook, Illinois 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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