Where We Work Mozambique
Get facts about poverty in Mozambique and learn how we empower its people work their way out of poverty and build a safety net for the future.
Ranking 185 out of 187 countries on the Human Development Index, Mozambique is one of the world’s poorest economies. More than half of Mozambicans live on less than $1 per day. Within this context, Opportunity International is reaching out to serve the most impoverished working people in Mozambique. Opportunity Mozambique’s began working in Mozambique in 2005 when two existing microfinance institutions joined together in partnership with Opportunity International. With a focus on rural expansion, we serve clients via hub, satellite and container branches, plus ATM and mobile bank vans.
Agricultural Finance: By supporting Mozambican farmers with access to comprehensive financial tools and managing partnerships throughout the value chain, Opportunity International provides a successful example of how to improve farm productivity and alleviate rural poverty, enabling them to increase their yields at harvest time so they can send their children to school and put more food on the family table.
Holistic Transformation/Training: In 2012, we developed and launched training materials for a financial literacy e-learning platform that uses a train-the-trainers methodology. In addition to group training, our programmes also expanded awareness training to clients in Nampula, Quelimane, Chokwe, Chimoio, Beira and Manica on the importance of savings, insurance, business plans and cash flow management. One financial literacy training programme is geared exclusively to farmers.
Credit Life Insurance: Our programmes offer clients the protection of a credit life insurance policy that includes funeral coverage. This policy, developed with the help of Opportunity International’s microinsurance subsidiary MicroEnsure, helps families maintain the progress they have achieved even when faced with life’s tragedies.