Micro-Finance 101
TED Talks Micro-Finance Muhammad Yunus
From Opportunity International Colombia Website:
“Opportunity International’s very first loan was made in Colombia in 1971. Since then, we’ve been working to provide stable financial systems as a way to reduce unemployment, social unrest and violence in the country. Our vision is to establish a national-scale bank offering loans, savings, insurance and training to Colombians living in poverty. In a country where more than 12.7 million people live on less than $2 a day and only 2.5 percent are using microfinance services, Opportunity Colombia is enabling marginalized people, especially women, to engage in the local economy, overcome extreme poverty and build stronger communities. Currently, more than 75% of Opportunity Colombia clients are women.”
Read more about Opportunity International
Wikipedia
Read more about Micro-finance
Alex @ Opportunity in Colombia 