Empower Entrepreneurs in South Africa

by Opportunity International
Vetted
Jun 6, 2012

Microfinance brings new energy to South Africa

2012 has been named the United Nations’ “International Year of Sustainable Energy for All.” In the UN’s own words, “Energy is opportunity. It transforms lives. Economies. The planet.”

Many of Opportunity's clients live in the sunniest parts of the world, but experience some of the darkest nights because of a lack of electricity.  In fact, over one billion people around the world lack basic electricity and rely only on kerosene light after the sun goes down. This energy poverty–a lack of access to electricity, fuel and more efficient cooking technologies–creates many safety and practical issues around the world.

In South Africa, microfinance is helping create more sustainable energy initiatives. CEO of Opportunity South Africa said that they have recently entered into a partnership with a supplier of solar-powered heating systems. Low-income clients of Opportunity in South Africa are able to finance these heating systems very inexpensively, significantly improving their quality of life by providing an easier way to acquire sanitary water for cooking, drinking, and washing.

Your gift to Opportunity South Africa will provide life-changing opportunities such as these to the entrepreneurs across the country who are continually working to lift themselves out of poverty.

Comments:

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 will get an e-mail when this project posts a report. You can also subscribe for reports via e-mail without donating.

Get Reports via Email

We'll only email you new reports and updates about this project.

Organization Information

Opportunity International

Location: Chicago, IL - USA
Website: http:/​/​www.opportunity.org
Project Leader:
Ally Lynch
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.
   

Still want to help?

Support another project run by Opportunity International that needs your help, such as:

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

Sign up for the GlobalGiving Newsletter
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.