Tuesday February 7th, 2012
Opportunity International

Opportunity Network Members

Opportunity International Implementing Members

Opportunity Finance Limited, South Africa

Because of its unique cultural context, South Africa has not responded well to the traditional micro-finance models that target unemployed, poor entrepreneurs. Challenges in these areas have given Opportunity Finance fresh insight into what kinds of methods may work in this environment. Fitted with strong leadership and a carefully selected management team, Opportunity Finance will concentrate on developing and testing innovative credit products focused on the entrepreneurial poor within the unique South African context. Opportunity Finance will begin by pioneering poverty-focused loan product targeted at poor entrepreneurs as well as a proven salary-lending product as a basis for establishing profitability.

Performance in 2009

Number of Active Clients: 3,640
Outstanding Portfolio: 4,072,174
Average Loan Size (USD): $820
Percentage of Loans made to Women: 76.8%
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