loan officer training

Opportunity International is one of the pioneers of microfinance and the first microfinance network. Its mission is to provide opportunities for people in chronic poverty to transform their lives. The strategy is to create jobs, stimulate small businesses, and strengthen communities among the poor. It works through indigenous partner organizations that provide small business loans, training, and counsel. Committed to fulfilling Jesus Christ's call to serve the poor, Opportunity dedicates itself to the core values of respect, commitment to the poor, integrity, and stewardship.

Opportunity’s lending methodology revolves around their trust bank concept. Mortgage Training, Loan Officer Training, Processor Training. Trust Banks have proven to be an extremely successful lending method for encouraging holistic development (economic, personal, family, community, and spiritual development). A self-selected group of 15-40 community members (mostly women) jointly access loans ($50-$500), co-guarantee each other’s loans, and engage in educational and social activities under the guidance of their Opportunity International Loan Officer. No collateral is required. The Trust Bank system is most effective in reaching large numbers of very poor entrepreneurs where small loans can have a great impact. Loan officers work with groups, thus decreasing operating expenses and achieving program viability and sustainability.

Opportunity International strives to reach the world's poorest people through its microenterprise development programs. Top Online Loan Sources.

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