The Foundation has partnered with Opportunity International to expand access to financial services, including savings, agriculture finance and education finance in Ghana, Malawi, Uganda and Rwanda. Opportunity International will also implement a pilot project for agriculture and mobile banking in Tanzania. This project will demonstrate and learn about the impact that diverse financial services can have on the livelihoods of rural clients.
The initiative builds on the successful partnership between the Foundation and Opportunity International’s U.S. and Canadian offices over the last four years in Malawi, Ghana, Mozambique, Uganda and Rwanda. The partnership focused on extending a full range of financial services to rural areas in Africa, including crop specific agricultural loans to smallholder farmers, savings programs and alternative delivery channels such as mobile banking.