Empower Entrepreneurs in South Africa

by Opportunity International
Sep 7, 2012

The Need for Microfinance in South Africa

South Africa Opportunity client Thiembe Radebe
South Africa Opportunity client Thiembe Radebe

There is a great need to build trust in financial institutions among South Africans, who are often denied access to credit from regular commercial banks. Less than 35 percent of the people hold formal employment, and poverty is rampant at the bottom of the economic pyramid.

Opportunity South Africa started in 2006 in response to the country’s socioeconomic inequality and the high potential of its small and medium enterprises (SMEs). By equipping entrepreneurs with the tools they need to bring employment to their communities, Opportunity aims to be an important instrument of poverty alleviation in South Africa.

Headquartered in Pietermaritzburg, Opportunity serves areas where unemployment hovers at 40 percent and people live in extreme poverty. In just three years of operation, Opportunity South Africa has achieved strong growth and now operates five branches.

Statistics About South Africa

Population: 49 million
Population living below poverty line: 50%
Life expectancy: 49 years
HIV prevalence: 18%
Population in formal labor force: 35%



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


Woman Holding a Gift Card
Gift Cards

Young Girl with a Bicycle

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.