While I am filled with gratitude when considering our past, I also look forward with anticipation. Although new pressures in the global economic climate imperil the poor, our microfinance initiatives continue to show their ability to reverse these trends. While microloans remain essential, our clients increasingly tell us they want more than just a loan. Our savings accounts, for example, help clients prepare for major purchases and provide for unexpected misfortune. Our microinsurance products are vital for farmers exposed to drought or for families needing basic health coverage. Further innovations, such as satellite bank offices made from shipping containers, will make essential financial services available to more communities in the developing world.
During my first months as President, I have been able to visit Opportunity clients in Africa and Latin America. I will not soon forget a client I met in Colombia, who used her microloans to outsmart the competition by offering internet, phone, and food services to patrons waiting at her car wash. Nor will I forget the children I met in rural Uganda, who now have access to an education thanks to one teacher’s dream and an Opportunity microschool loan. The women and men behind these enterprises are my inspiration; partnering with you to serve them remains my sincere intention and hope.
Join me as we walk hand in hand with those on the journey out of chronic poverty.
Paula A. Curtis
President & CEO
