31 Facts About Opportunity International

Opportunity International is a 501 nonprofit organization that is working to end global poverty by creating and sustaining jobs.

Opportunity International has 501 status as a tax-exempt charitable organization in the United States of America under the US Internal Revenue Code.

In 1991, a group of women supporting Opportunity International called the Women's Opportunity Network created a group-lending methodology called the Trust Group in which groups would be responsible for their peers and hold them accountable for repayment.

Opportunity International began testing this group lending and Trust Group method in the Philippines in 1992, and in the same year, they began to focus on serving entrepreneurs at even more extreme levels of poverty.

In 2000, Opportunity International began building a series of permanent and mobile banks to reach more remote areas of countries and attempt to serve those that had previously lacked access to financial services.

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In 2002, Opportunity International developed and founded MicroEnsure, a microinsurance entity providing weather-indexed crop insurance, affordable health insurance, and protection against other risks.

Opportunity International was founded as and remains a non-denominational Christian organization that serves all its clients regardless of their race, religion, ethnicity or gender.

Each week, as Trust Groups gather to repay their loans, Opportunity International provides educational sessions to develop business skills and enhance personal growth.

Opportunity International focuses its services, including loans, savings accounts, insurance, training and financial access, on women - providing 95 of their loans to women.

Opportunity International invests in parents and educators to help children go to school and receive a high quality education.

In October 2016, Opportunity International announced that it received a $1 million grant to expand EduFinance from the Bill and Melinda Gates Foundation.

In November 2016, Opportunity International won the Civil Society Achievement Honor at the Children and Youth Finance International Global Inclusion Awards 2016.

Opportunity International Network is made up of 47 organizations, 39 of which are microfinance institutions operating in Africa, Eastern Europe, Central and East Asia and Latin America.

Opportunity International was the first organization to approach microfinance using a microfinance network.

Opportunity International serves clients in the following countries in Eastern Europe:.

Opportunity International serves clients in the following countries in Latin America:.

Opportunity International Australia Limited is a part of the global Opportunity International Network.

Opportunity International Australia provides support services to its loan recipients such as business training, financial literacy training and community development initiatives.

Opportunity International Canada is one of five Opportunity International Support Member countries, along with the USA, Australia, the UK and Germany.

Opportunity International Canada was founded in 1998 by David Stiller, who worked with a dedicated group of entrepreneurial Canadian business people to launch it as a registered charity in Canada.

Current President and CEO of Opportunity International Canada is Dan Murray, who has served in this role since November 2018.

Opportunity International Canada is the lead Support Member in Honduras, Nicaragua and the DR, and collaborates with other Support Members on microfinance projects in Colombia, Haiti and India.

Opportunity International Canada is running a significant project in Ghana, supported by Global Affairs Canada.

Opportunity International Germany was founded in 1996 by Karl Schock, a businessman, as an independent foundation.

Opportunity International Deutschland raises funds and awareness for microfinance services in Ghana, Malawi, Rwanda, Uganda, Mozambique, Dominican Republic, India, Nicaragua and the Philippines.

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Opportunity International has piloted the Social Return on Investment methodology in both India and the Philippines.

Opportunity International earned a 4-star rating from Charity Navigator for the second consecutive year on June 2,2016.

In July 2015, Opportunity International announced a partnership with MetLife Foundation to promote access to financial services in rural China.

In December 2014, Opportunity International announced a partnership with Credit Suisse to help educate more than 530,000 children in Colombia, Tanzania, the Dominican Republic, Ghana, Kenya, Malawi, Rwanda, Uganda, India and the Philippines.

In March 2014, Opportunity International announced a partnership with MasterCard Foundation to launch a $22.

In June 2013, Opportunity International announced a partnership with Caterpillar Foundation in the form of a $19.