News & Stories Blog
World news on the fight to alleviate poverty – follow innovations in microfinance, technology and community development that are changing lives in developing countries.
Connecting Women: Mobile Phone Access in Developing Countries
For most of us, our mobile phones help run our daily lives, connect us to our friends and family and enable us to consume news, entertainment and social media. Imagine, though, what is it like to be disconnected in an increasingly digital world? Mobile phones have had an extraordinary impact in advancing inclusion by breaking communication barriers and improving the social and economic status of women throughout the developing world. For example, a mobile phone can empower a woman, helping her feel…
Read MoreCountry Spotlight: Indonesia
It’s been just over a decade since the devastating Indian Ocean tsunami sent ferocious tidal waves across Indonesia. The high death toll coupled with widespread environmental damage (as salt water ruined crops and farmland) shattered communities and families’ livelihoods. Agriculture in Indonesia plays a significant role in the national economy. About 45% of Indonesians work in the field of agriculture. With its vast and abundant soils, Indonesia is a major global producer of a variety of tropical…
Read MoreFinding The Unbanked: The Findex
For you and I, the ability to make and receive payments by credit or debit is a part of everyday life. Here in Australia, digital payments are so advanced we can use our mobile phones and other advanced technology to pay for the things we need. Imagine, though, what your life would be like without access to a bank account or online banking services? For so many people across the developing world, the simple task of making payments, paying bills and receiving remittances means travelling for hours…
Read MoreThe Struggle of Slums
Throughout the developing world, cities are growing at unprecedented rates. Concentrations of large urban slums sit on the periphery of overcrowded cities and are often the result of poor urban planning and the failure to develop adequate urban spaces with infrastructure and sewerage systems to support the rising population. ‘Slum cities’ are said to be the largest growing human habitat in the world, where one third, or 860 million, of the world’s urban poor live in households deprived of basic…
Read MoreYour Impact In 2014: Annual Review
Vibrant colours of material brighten the otherwise stone grey workshop of Riza Unto. She’s focused, sewing delicate stitches onto a surprising piece – a reusable sanitary napkin. She’s been making the napkins for about a year now, selling packs of five for Php.139-169 ($4-5), depending on their size. Like most successful entrepreneurs, Riza did thorough research before she committed to making this particular design, experimenting with many different samples. With a small loan of Php.3,000 (A$87),…
Read MoreDecisions That Change Lives
Last week, Opportunity’s inaugural Mother’s Day event series came to a close. Why Mother’s Day events? Because mothers are the core of who we serve at Opportunity. A huge 94% of Opportunity’s loan recipients are women, women who use small loans to build businesses and earn the income they need to help their family leave poverty behind. Sadly, mothers living in poverty are faced with difficult decisions every day as they find themselves unable to provide for their families’ basic needs.…
Read MoreNot Without Mercy
On Australia’s doorstep, women, children and men are dying. They’re dying from malnutrition and from diarrhoea. They’re dying during childbirth. They’re dying because they can’t afford medicine, proper meals or shelter to keep them safe and healthy. And they’re dying in their millions every year. If this was happening on the suburban streets of Australia, we’d be doing everything we could to stop it. We’d be calling on the government to do everything they could. We’d be feeding…
Read MoreLife Without A Loan
Leo loves his mum and she loves him. “She is kind to me,” Leo says. “She tries to buy me medicine when I am sick.” Sadly, love alone cannot feed or provide medicine to Leo, 11, and his brothers and sisters. If it did, none of them would ever be hungry or without medical treatment again. Leo is in Grade 3 at school. He lives in a suburb of Manila in the Philippines. His home is in a slum. But amidst the abject poverty, Leo finds small pleasures. “I like to write,” he says. “I like to…
Read MoreCarly Fiorina Steps Down as Global Board Chair of Opportunity International
US Board Chair Mark Thompson to assume new role effective immediately Opportunity International Global Board Chair Carly Fiorina today formally announced her U.S. Presidential candidacy. As a result, she is resigning from Opportunity’s Global Board. “Opportunity is unique among nonprofits for their businesslike approach and sustainable client impact,” Fiorina said. “It has been my privilege to serve as their first Global Board Chair. They are in good hands with the many fine global leaders…
Read MoreThe 10 Qualities Of Highly Successful Entrepreneurs
Last year, Forbes released the results of a study conducted by Gallup to uncover the 10 traits of successful entrepreneurs. Over 1,000 people were surveyed and I can’t help but think that the results reflect the characteristics of Opportunity loan recipients beautifully! Take a look at the list below and may it remind you that your investment in mothers is bringing dignity, hope and opportunity to them and their families… 1. Business Focus: They base decisions on the potential to turn a profit.…
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