@opportunity.org
Microfinance loans, training, and support empower 18.
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Opportunity International is a non-profit organization based in the United States that focuses on providing microfinance services to individuals in poverty-stricken areas around the world. Founded in 1971 by entrepreneur Al Whittaker and Presbyterian layperson David Bussau, the organization aims to alleviate poverty and create sustainable economic opportunities for individuals and communities. The headquarters of Opportunity International is located in Oak Brook, Illinois.
From this central location, the organization oversees its global operations and strategic initiatives. The headquarters serves as the administrative center for its network of microfinance institutions and partner organizations in over 20 countries. Opportunity International offers a range of financial products and services to empower individuals and small businesses.
These include microloans, savings accounts, and microinsurance. The organization also provides training and education on financial literacy, entrepreneurship, and healthcare. On a global scale, Opportunity International operates through a network of microfinance institutions that are locally managed and autonomous but work under the guidance and support of the central organization.
Some noteworthy subsidiaries and partnerships include Opportunity International Africa, Opportunity International Colombia, and Opportunity International Australia. These entities work closely with local communities and governments to tailor their services to the specific needs of each region. In terms of market position, Opportunity International is a leader in the microfinance industry globally.
It has consistently ranked among the top microfinance organizations and has a strong presence in several countries across Africa, Asia, and Latin America. With over 14 million microfinance clients and a loan portfolio exceeding $1 billion, Opportunity International has made a significant impact in lifting individuals out of poverty. Over the years, Opportunity International has achieved numerous milestones and accolades.
In 2009, it reached the milestone of providing its five millionth loan, marking a significant achievement in its mission to help individuals improve their livelihoods. The organization has also evolved its strategy to focus on expanding digital financial services, leveraging technology to reach more clients efficiently and effectively. Currently, Opportunity International continues to expand its reach and impact.
It has embraced digital innovation to accelerate financial inclusion and is investing in the development of mobile and online banking solutions. With a commitment to empowering the world's poorest communities, Opportunity International remains at the forefront of the microfinance industry and continues to make a positive difference in the lives of millions of people worldwide
Company Type
Nonprofit
Company Size
10,001+
Year Founded
1971
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