One out of every two people on this planet struggles to feed and educate their children. When powered by opportunity, they have a chance to work their way out of poverty and transform their lives. For 40 years, Opportunity International has provided the savings, loans, training and insurance that all people need to create a better future for their families and their communities.
About this project
Out of the more than 20 countries where Opportunity International works, Young Ambassadors focuses its energy on Tanzania. Eighty-eight percent of Tanzania’s 44 million people live on less than $2 dollars a day and only 10% have access to banking services. YAO partners with Opportunity to expand microfinance and create lasting change in one of the world’s most impoverished countries.
Your support will help
Tanzania is one of the poorest countries in the world. Approximately 90% of Tanzanians live on less than $2 per day and 60% live on less than $1 per day. However, Tanzania is also a place thriving with potential. One out of every three Tanzanians is self-employed. Less than 5% of the population has access to formal banking institutions. Recognizing this great need, Opportunity is building a bank for people living in poverty. Since 2008, Opportunity has doubled its outreach in Tanzania and is in the process of converting into a deposit-taking institution. This is progress, but there is much work still to be done.
By contributing to this initiative, you are helping to expand access to financial services so that more people in Tanzania will be able to secure their savings, borrow capital for their businesses, receive training to develop professional and life skills, and purchase insurance to protect their assets. With your help, we can empower people to work their way out of chronic poverty, to transform their lives, their children's futures and their communities.