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International: Organizations
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A key factor in the growth of Opportunity International has been the rapid expansion of microfinance banks that provide a range of financial services to the working poor. From opening its first bank in 2000, the organization now operates 17 banks or financial institutions that provide needed savings accounts, loans and other financial services. These "banks for the poor" use cutting-edge technology to lower transaction costs with smart cards, biometric fingerprint identification and mobile ATMs. Most importantly, they give the poor a safe, secure place to save their money. The banks ended 2006 with $190 million in client savings accounts.
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Ohio University has a long and rich history in international education, with the first international student graduating from the university in 1895. International student organizations have been on-campus since the early 1920's, and international students represent approximately6 percent of the student body.
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Founded in 1971 by business entrepreneurs, Opportunity International has grown at a compound rate of 26 percent annually the past five years. The organization distributed nearly 1.5 million loans totaling $466 million in 2006 through its microfinance programs in Africa, Asia, Eastern Europe and Latin America.
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The Cochrane Collaboration is an international nonprofit, independent organization that produces and disseminates systematic reviews of health care interventions and promotes the search for evidence in the form of clinical trials and other studies of interventions. Visit http://www.cochrane.org for more information.
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