Microloans empower Colombian parents

by Opportunity International
Vetted
Oct 26, 2011

Activity Highlights

Empowering youth through experiential training

Now in its second year of operation, the Colombia Youth Entrepreneurship Pilot is achieving remarkable success as it trains and empowers a motivated group of 409 of tomorrow’s leaders. A noteworthy example of what we accomplished with your investment in 2011 includes the expansion of the program footprint to include the cities of Sincelejo and Barranquilla to the existing cities of Bogotá, Cartagena and Magangue. Participating youth in these regions have finalized training, developed profitable trial group businesses and are utilizing business management and entrepreneurial skills to prepare individual business plans.

Improving health and quality of life

Opportunity Colombia has provided loans to 103 families for home improvement, through its Techo y Piso (Roof and Floor) and Cocinas y Banos (Kitchens and Bathrooms) initiatives. The loans, averaging $600, are repaid over one year and are used to make structural improvements to leaky roofs and wood or dirt floors. The program is having a tremendous impact on participating families, who report improved health and quality of life.

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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

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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