How small loans help break the cycle of poverty
Donations are received
Your donation enables Opportunity to reach out to families living in poverty.
Loans are distributed
We provide small loans to these families to help them grow their own small businesses.
Impact is increased
Families generate regular income to afford food, shelter, medicine and education—and in many cases, employ others in their community.
A new cycle begins...
Each small loan is repaid and recycled to help more and more families over time.
As of June 2023, we're helping
6.9 million families
leave poverty behind, with the help of small loans in India and Indonesia.
Creating a sustainable income with a hand up
Jasmine and her husband Mamad live in a small village in the west of India, in a modest house with two rooms and a kitchen. Both working as labourers, they did not earn enough to cover their basic necessities. Unfortunately, when the COVID-19 pandemic hit, they lost their jobs and had no other source of income.
Through her neighbour, Jasmine heard about small loans being offered by one of Opportunity’s microfinance partners. She applied and received a loan of INR 35,000 ($A626) to open a small grocery shop and purchase a cow and a goat to start a dairy business.
Things were going well but when further lockdowns happened, Jasmine was forced to close her shop.
COVID-19 hit us hard, we had to close the shop as there were no sales. But by farming and selling milk we were able to survive in tough times.
With the assistance of a small loan, Jasmine and Mamad could pivot their small business during the worst of COVID-19 to make ends meet. Through selling her cow and goat's milk, she's able to keep her business afloat and Jasmine and Mamad are earning more money now than they were before the pandemic.
The future is looking bright for Jasmine, as she hopes to increase her dairy business and find more opportunities in agriculture and farming.