Providing Microloans for the Poor in Tanzania

by Opportunity International
Vetted
Feb 3, 2012

Opportunity Tanzania is Committed to Expanding Outreach

Opportunity Tanzania is always looking for way to help our clients improve their businesses and generate more income for their families. Recently, Opportunity Malawi’s transformation officer helped Opportunity Tanzania conduct a survey of clients in its Arusha and Moshi branches to determine the needs of those we seek to serve.

What did we learn? Among the many important findings we learned that Opportunity Tanzania’s clients are among those who live below the poverty line, and are not always able to afford enough food for the family…

  • 47% have 3 meals per day
  • 32% have 2 meals per day
  • 21% have 1 meal per day

The good news? Marginalized Tanzanian families state that Opportunity is making a difference for them. Since they started accessing microfinance loans through Opportunity Tanzania…

  • 80% feel their lives have improved greatly
  • 7% feel their lives have improved moderately
  • 13% feel they are still struggling

Opportunity Tanzania  is committed to meeting its goals of expanding outreach and increase access to financial services for the most impoverished families in the country. It’s possible through the partnership of Opportunity International contributors like the ones we have met on Global Giving.

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Organization Information

Opportunity International

Location: Chicago, IL - USA
Website: http:/​/​www.opportunity.org
Project Leader:
Ian Haisley
Director of Online Strategy
Oak Brook, IL United States

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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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