Chicago, Oct. 31, 2018 (GLOBE NEWSWIRE) — Opportunity International is pleased to announce the winners of the Women and Girls Opportunity (WeGO) Awards. The inaugural WeGO Award seeks to highlight and honor Opportunity International
“For nearly half a century, Opportunity
FIRST PRIZE ($5,000): Youth apprenticeship program in Ghana
SECOND PRIZE ($2,500): Recovery and economic empowerment program in Malawi
Opportunity Malawi partners with the Freedom from Fistula Foundation, providing financial services to women who are experiencing pain and ostracism as a result of fistula, an obstetric condition. Through the partnership, the organizations work together to help these women undergo fistula repair and reintegrate into their communities, providing financial literacy and entrepreneur training, soft loans and savings accounts to help the women launch small-scale businesses. Since 2012, more than 3,000 women and girls have gone through the program in Malawi. Opportunity Malawi hopes to reach another 1,500 women in the next three years, using part of its winnings from this award to expand its outreach.
THIRD PRIZE ($1,000): Women banking agents program in India
Center for Development Orientation and Training (CDOT) is an Opportunity International partner in India’s Bihar state, serving 4,000 women with loans and thousands more with access to savings opportunities. CDOT is also working to establish more women as “agent bankers,” small shop owners who have enough cash flow to also serve as deposit-takers or cash providers in their local community on behalf of larger financial institutions. Each agent banker earns a small transaction commission for their work. Agent bankers also help their female clients by serving as a source of financial education and encouragement. The organization hopes to expand the program and train more agent bankers beyond Bihar state.
Opportunity International is a global microfinance non-profit committed to ending extreme poverty and promoting quality education for poor families. Since 1971, Opportunity has helped millions of families work their way out of poverty by providing financial resources, training and delivering ongoing support to start small businesses, earn living wages and feed their families. To get more children into better quality schools, the organization provides loans to families seeking tuition and educators who want to improve local schools. In 2017, Opportunity International issued nearly $1.6 billion in loans, reaching nearly 9 million clients in 22 countries, and helped fund 1,800 schools serving more than 500,000 children. Discover more at opportunity.org or join the conversation on facebook.com/
Christina Koliopoulos Opportunity International +1-312-718-2317 firstname.lastname@example.org