by Jenny Dunn, Communications Manager
“If life gives you a lemon, make a lemonade” - this is the attitude of Diana Anane, a 40-year old business-minded woman who lets no opportunity pass her by. Diana is married with three children and lives in Kumasi, the Ashanti Region of Ghana. We have worked with Diana for a few years, helping her develop her detergent business. Her business was doing well until March this year when the effects of the COVID-19 pandemic reached Ghana. Like many Diana was forced to temporally close down…
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by Jenny Dunn, Communications Manager
Nikuse farms rice and Maize in Muhanga, Rwanda. She has five children and one grandchild. Three years ago she joined a farming cooperative where she received training and access to loans through our agricultural programme. Nikuse says: “In these three years, I have been receiving loans and that’s been very instrumental. My first harvest was 35kg, but after joining Opportunity, I could buy manure, chemical fertiliser and get money to pay for labour. With all these inputs, including labour,…
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by Daniella Hawkins, Programme Coordinator
When a woman’s status is elevated, entire communities are lifted out of poverty. However, women face many social, economic and cultural stereotypes that prevent this, especially in rural communities. That’s why our gender training for female clients, spouses and community leaders aims to help break down gender stereotypes. It is the second year of our ‘Roots of Change’ project, that you so kindly supported during our 2017 appeal and where the UK government matched your donations. Part…
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by Sam Bickersteth, Chief Executive
The economic impacts of the COVID-19 pandemic are increasing levels of vulnerability and insecurity, and driving many into chronic poverty. Microfinance Institutions - critical actors in provision of wealth creation, employment and safety nets for the poor - are also struggling with the knock-on effects due to increases in the level of deposit withdrawals and loan default rates. In a recent article, I highlight the impact of COVID-19 on four key client groups. Workers in the urban informal…
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by Dana Lunberry, Digital Financial Inclusion Manager.
COVID-19 has forced many of us to stay at home and avoid unnecessary contact with others. These restrictions on our lives affect many of us but they disproportionately affect people living in poverty, those who do not have reliable and steady sources of income, enough savings in the bank, or access to credit to help tide them over. Without such basic financial services, many people have huge difficulty in covering basic living expenses and a large number may find themselves in deeper levels…
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by Sam Bickersteth, Chief Executive
You will no doubt be preoccupied with the challenges of living through this global pandemic. It is an unprecedented time and difficult for everyone. So this is no more than a brief update on how things are unfolding in Africa and how our clients are being affected. Africa is now facing the same crisis we are experiencing in Europe and I am deeply concerned about what may be ahead. For vulnerable people already disadvantaged by poverty, millions of lives could be lost. Life for the people…
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by Sam Bickersteth, Chief Executive
At the heart of social and economic development are effective institutions. In developed market economies, institutions, both public and private, effect all our daily lives from water supply to banking. In developing countries such as Ghana none of this can be taken for granted. Once you travel away from Accra and the major towns, as I did in a few weeks ago in February, public infrastructure is poor – roads, schools and public health facilities are decrepit or absent and access to finance can…
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by Sam Bickersteth, Chief Executive
In these unprecedented times of the coronavirus pandemic, Opportunity International is taking measures to protect our clients, partners and staff. We know that any crisis we experience in the UK hits the developing world harder. At a challenging time for us all in the UK, we are maintaining our focus on our clients across Sub-Saharan Africa who, in view of limited resources and weaker healthcare systems, face far greater needs to protect themselves and their families from the virus. Our partners…
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by Sam Bickersteth, Chief Executive
Al Whittaker and David Bussau came together in 1971 to launch what we now know as Opportunity International. They were pioneers in recognising the benefits of financial services for people living in poverty in developing countries. Nearly 50 years later Opportunity International is a thriving network focussed around the continuing need to bring banking to the poor. The network of Opportunity International Support Members from the UK, US, Australia, Germany and Canada continues to work as one, serving…
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by Sharon Williams, Development Manager
This International Women’s Day we have a story full of hope and potential. So come with us on a journey to Ghana in celebration of this special day....... Iddrisu is with her youngest child who made the journey to Accra with her. (Photo: Daniella Hawkins) Iddrisu is a young, outgoing and ambitious women. She is also a single parent to three children aged 8, 5 and 1. Like many living in Ghana’s northern region, she is poor, having had a limited education and few opportunities to lift…
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