Thursday September 2nd, 2010
Opportunity International

Network Press Room

Micro Ensure eyes higher premiums with Malayan, Grepalife alliance

Philippines Star, May 18th, 2010

Insurance intermediary Micro Ensure Philippines has set its sight on P180 million worth of life and non-life insurance premiums this year, after producing P140 million in premiums last year. Micro Ensure Philippines is a wholly-owned subsidiary of Opportunity International, a non-profit global organization that provides small business loans, savings, insurance, and training to people living in poverty in the developing world.

Farm aid from space

Christian Science Monitor, March 2nd, 2010

Satellite data of climate activity enable remote herders to obtain drought insurance.

Melinda Gates in Davos: Lessons from Africa

Financial Times, January 28th, 2010

I visited some sites run by Opportunity International Bank of Malawi. OIBM is building inexpensive branches - I visited one that was made out of three shipping containers–and setting up kiosks in shopping centres and post offices. They also operate seven trucks, some equipped with ATMs, that can bring affordable banking services to even the most remote locations. I talked to several OIBM clients who told me that before the trucks started coming to their town, they had to take long, expensive trips into the city to do their banking-or simply hide their savings under the mattress. But now the bank comes to them.

Planting seeds to outgrow poverty

Winnipeg Free Press , November 28th, 2009

Opportunity International finds microloans blossom into economic independence

Opportunity Bank of Malawi Featured by Millenium Villages

Millenium Villages, November 24th, 2009

Opportunity Bank of Malawi is featured in a video by the Millenium Villages. The video shows the importance of having access to financial services. Keeping money in the house means you will lose it, says one account holder. But put it in a bank and you can plan.

IFC Helps Russian Microfinance Institution FORUS Bank

Microfinance Focus, October 24th, 2009

World Bank investment arm IFC is helping FORUS Bank, a regional microfinance institution in Russia, hedge currency and interest rate risks to make its microfinance operations more sustainable, said a press release.

Congressional Delegation Visits Opportunity International Microfinance Bank in Kigali, Rwanda

September 3rd, 2009

A delegation from the U.S. House of Representatives visited Opportunity International’s bank in Kigali, Rwanda earlier this week to learn more about the need to expand microfinance banking services in sub-Saharan Africa, where fewer than 20% of households have a secure way to safeguard their earnings.

The Global Food Crisis

National Geographic, June 15th, 2009

The End of Plenty

Indian farmers to insure themselves against climate change crop failure

The Guardian, June 8th, 2009

UN negotiators at Bonn consider micro-insurance schemes among adaptation measures for Africa, Asia and Latin America.

Rwanda: UOB’s Loan Portfolio Grows to $5.2 Million

The New Times, May 27th, 2009

URWEGO Opportunity Bank (UOB) registered a 73 percent increase in its loan portfolio.

Putting Ghana’s Informal Sector in Business

Ghana Business News, April 28th, 2009

How Ghana’s non-bank financial sector is engaging the country’s informal economy and how it is faring in the business of providing microfinance and credit.

Background and Fact Sheet: March 2009

February 25th, 2009

Year-end 2008 highlights.

Omidyar Network Grants $4.5 Million to Opportunity International

February 24th, 2009

‘Electronic Wallet’ Strategy Aims to Help Alleviate Poverty in Eight Countries

Opportunity Joins Campaign for Client Protection

September 24th, 2008

Pledge includes six promises to uphold customer rights.

The Micro Insurance Agency becomes MicroEnsure

Micro Insurance Matters, December 15th, 2008

A new name and tagline to reflect our positioning and mission to the poor

Opportunity International’s Micro Insurance Agency to Develop Life, Health and Crop Insurance

February 6th, 2008

$24.2 million in new funding from the Bill & Melinda Gates Foundation to help agency expand services in 11 new countries.

Microschools get top marks

July 28th, 2008

Private schools for the poor outperform.

John Deere Foundation and Opportunity International Join to Fight Hunger

December 2nd, 2008

Opportunity International receives a $1.2 million grant from the John Deere Foundation to provide increased access to financing for the hunger-afflicted in Africa.

Gates Foundation gives $2.2M for banks in Africa

Puget Sound Business Journal, December 1st, 2005

The Bill & Melinda Gates Foundation has funded Opportunity International with a $2.2-million grant to develop a chain of new commercial banks for the poor in Africa

Farmers benefit from electronic money transfer

The Malawi Nation, February 2nd, 2006

In a country where most transactions are cash-based, farmers have wasted a lot of time in bank lines and have been at the mercy of thieves. Opportunity International Bank of Malawi (OIBM) is bringing change to that financial equation.

500,000 milestone achieved in the Philippines

Opportunity International, March 20th, 2006

Opportunity reached a major milestone in the Philippines, achieving its 2005 target of financing more than 500,000 microbusinesses, operated primarily by very poor women.

New bank branch opens in Malawi

The Malawi Nation, July 26th, 2006

Opportunity International Bank of Malawi (OIBM) opened its first satellite branch in the southern portion of the country, to the enthusiasm of local residents.