Life should always be about something bigger than just money

One of the many microfinance clients of our development partner - Opportunity International Australia.  Microfinance provides collateral-free loans, savings and insurance services to the entrepreneurial extreme poor. When combined with community development, training and support services designed to help support and establish growing small businesses, we see clients, their families and their communities transformed with dignity. One of the many microfinance clients of our development partner - Opportunity International Australia. Microfinance provides collateral-free loans, savings and insurance services to the entrepreneurial extreme poor. When combined with community development, training and support services designed to help support and establish growing small businesses, we see clients, their families and their communities transformed with dignity.

Logo of Opportunity.org.au

Introducing Opportunity International Australia - our charity development partner


Sapience is a brand ambassador for Opportunity International Australia


Sapience has chosen to partner for the long term with Opportunity as our implementation partner of choice, working with the entrepreneurial extreme poor to help build capacity through equal access to financial services

Why?

Simple: without a purpose and an expressed passion nothing is sustainable: both personally or professionally.

Why Opportunity International-Australia?

We believe that small business has the power to change families, communities and entire nations. Small business really is the essential engine room of a country.

  • Many of the world's entrepreneurial extreme poor simply don’t have access to the most basic financial services that micro and small business owners need to get their foot on the first rung of the development ladder.
  • Without access to basic saving and credit facilities, these families cannot access simple credit to allow them to purchase items wholesale and resell them for a small profit.
  • Discriminated against by traditional banks because of gender, cast, lack of assets, homelessness, religion or race, these families find themselves trapped in the cycle of poverty.

Sapience understands and supports small business families in Australia.  So we look to support the best charity development partner who understands the small business needs in the developing world.

We get to contribute in many ways

One of the ways we share our passion through our business relationships is with our clients, friends and supporters and to encourage the to think bigger about who they are, what they have to offer the world and how they might make a difference in their own community and to reward them for simply doing business with us.

Global reach for a global problem

The Opportunity International Network consists of five support partners: Australia, United States, United Kingdom, Canada and Germany. Together they work through 25 developing countries throughout Asia, Africa, Latin American and Eastern Europe. The organisation has over 40 years experience working to end poverty has been both runner-up and 2012 Winner PWC Transparency Awards as an organisation that offers world class quality and transparent reporting.

Getting the 'biggest benefit for your buck'

One of the key elements of giving is to be obsessed with ensuring that money is put to good use

An Entrepreneurs focus is on the outcome and the absolute efficient and effective delivery of a solution. With a focus on gaining the biggest benefit per buck waste, inefficiency, poor governance and under-utilisation of resources and skills are seen as impediments to building capacity and sustainability.

When paired with Purpose and the desire to be the change we want to see in the world, the intersection of these capacities drives an effective business approach to philanthropy.

Taking a philanthropic approach to capacity building rather than risking a charity approach creating dependency is a core driver to our vision.

Simply put, Opportunity's strategy is to work with the entrepreneurial poor to create jobs in developing countries, stimulate small business and strengthen communities amongst the poor.

  • This is done by working through local partner organisations who understand the local needs and provide a range of financial and other support services including small business loans, training and community development.
  • They serve the poor without regard to ethnicity, gender, sexuality or religious affiliation.

They simply work as a not-for-profit organisation that uses a business approach to help solve the problem of poverty in the developing countries of the world.

What is micro finance?

Microfinance starts with one life being transformed. It then goes on to transform that person's family. Small loans enable people in poverty to start businesses and provide for their families. Many go on to employ others, causing a ripple effect that can lift whole communities out of poverty.

Because small businesses boost the local economy, a community begins to transform. Finally, because the nature of micro finance means each loan is repaid, and then relent back into the community again and again, the whole process restarts and continues, helping a different person, a different family member, a different community.

What's different about Opportunity International-Australia?

Watch the Opportunity YouTube Channel here

Experience

Opportunity Australia has been funding loans to the entrepreneurial poor in developing nations since 1971 – years before the term micro credit was coined. Opportunity is now one the leading micro-finance providers

Opportunity is now one the leading micro-finance providers world wide. Their approach is simple and proven to be one of the most effective ways of tackling poverty at the grass roots: empowering the entrepreneurial poor to start their own business and free themselves from poverty. Their not-for-profit approach to poverty alleviation helps the entrepreneurial poor to help themselves and by working through established local agencies, providing important training, guidance and support that ensures a donors funds are used efficiently and a sustainable resulting in a hand up rather than a hand out.

Methodology

They believe that capacity building is foundational to building a sustainable community that can successfully get a stable foothold on the first rung of the development ladder. Sustainability is only made possible through good governance and transparency.  Much of their work with local NGO at the governance and process level and their ability to leverage donations means that for every 1 dollar donated, it can have the leveraged effect of another x5

Taking a business approach to solving many of the worlds more meaningful problems by supporting the entrepreneurial poor through microinsurance is the methodology that we have chosen to support and encourage as part of our commitment to working toward the UN Global Goals


Sapience supports the UN Global Goals

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