Where We Work Colombia
Get facts about poverty in Colombia and learn how we empower its people to work their way out of poverty and build a safety net for the future.
Opportunity International's very first loan was made in Colombia in 1971 through a Canadian missionary. From humble beginnings, Opportunity now works through a formal financial institution with loans and savings, as well as nonprofit AGAPE (Asociación General Para Asesorar Pequeñas Empresas) and Investing Hope Foundation, providing small loans to those at the bottom of the economic pyramid with specialized financial products such as home improvement loans, innovative training, and offering unique programs geared towards youth entrepreneurship.
Current Projects in Colombia
Financial Literacy Training - Goal $200,000
AGAPE is committed to providing both financial and holistic training to microentrepreneurs. Most families in Colombian barrios have been running some sort of informal enterprise for years. Through training, AGAPE can provide them with financial and social skills to maximize their micro business. AGAPE is also looking to expand its training services to other organizations in the microfinance industry.
Quality Of Life Training - Goal $200,000
One of the first things clients request is a loan to improve their home. With most clients living in unstable and unhygienic structures, this is understandable – they know that improving their home improves the health of everyone in the family. Answering this call led to the development of home improvement loans. However, such loans need a different kind of training. Clients require technical expertise to ensure they make appropriate renovations to improve their quality of life. AGAPE has also partnered with local organizations to offer safe water management training – lifesaving knowledge in a country where so many suffer serious water-borne illnesses.
Changing The Financial Culture - Goal $200,000
Knowing almost every person in a poor family is involved in some sort of enterprise if a family is to survive, Investing Hope Foundation is working to build financial literacy among families, focusing on youth and children. Through training and self-help groups, Investing Hope Foundation offers informal saving group methodologies and entrepreneurial activities aiming to build the financial knowledge of the next generation.
Colombia - General Fund
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