Microloans empower Colombian parents

by Opportunity International
Vetted

Summary

Please consider supporting poor Colombian entrepreneurs through microloans. They want to work themselves and get their families out of chronic poverty.
$1,500
total raised
26
donors
0
monthly donors
5
years active

Challenge

Over 50% of Colombians are living below the poverty line, many of whom are displaced. Parents all around Colombia struggle to feed their children each day. The fact is that they want to feed their children and not live off of handouts. Access to financial services is not only a desire for many poor Colombians, but a necessity for them to achieve this goal.

Solution

For many poor families, microfinance is key for providing more food on the table and access to education. Once a loan is repaid, your donation is then recycled to become another loan, then another- working to build up the local economy.

Long-Term Impact

In Colombia, Opportunity is creating a finance company that will offer loans, savings, insurance and training to entrepreneurs living in poverty. Please visit the link below for more information on Opportunity's work in Colombia.

Resources

http:/​/​www.opportunity.org/​
Hear more success stories about microfinance.
Fund a client loan on our peer-to-peer site.
Opportunity's work in Colombia

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

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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