African Growth and Innovations Initiative

Five-Year program will expand access to loans, savings programs and other critical financial services to help 7 million people in poor rural communities.

African Growth and Innovations Initiative

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.


  • MasterCard Foundation

    United States | Staff size: 51-100

    The MasterCard Foundation is an independent foundation based in Toronto, Canada with $10 billion in assets. Their vision is to create the opportunity for all to learn and prosper. They promote...

  • Opportunity International

    Investment & Finance
    United States | Staff size: 10,000+

    Opportunity International provides small business loans, savings, insurance and training to more than two million people working their way out of poverty in the developing world. Clients in over...

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Key Information

LocationCentral Africa, Uganda, Tanzania, Rwanda, Malawi, Ghana, West Africa, Southern Africa, Eastern Africa
  • Start Date 2013
  • End Date 2018
  • ValueUSD 22.7 Million