Gates Foundation gives grant to Opportunity International
This is great news:
Opportunity International, one of the world's largest microfinance organizations, today announced that it received a $2.2 million grant over three years from the Bill and Melinda Gates Foundation that will go toward a project to develop a trans-African network of new commercial banks for the poor. In addition, the project will reach underserved rural residents, offer credit for working out of poverty, provide savings and insurance for protecting assets, train in business and HIV/AIDS prevention, and encourage women's empowerment.
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Opportunity International, one of the world's largest microfinance organizations, today announced that it received a $2.2 million grant over three years from the Bill and Melinda Gates Foundation that will go toward a project to develop a trans-African network of new commercial banks for the poor. In addition, the project will reach underserved rural residents, offer credit for working out of poverty, provide savings and insurance for protecting assets, train in business and HIV/AIDS prevention, and encourage women's empowerment.
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