Colombia Fighting Poverty through Education, Microenterprise, Graduation Your Program Impact Report, Fall 2024 2023–2025 OPPORTUNITY COLOMBIA STRATEGIC GOALS With support from generous donors, impact the lives of an additional 170,454 people, providing 3 programs in collaboration with 9 partners, and releasing $26.1M in capital
Our work on the ground in Colombia continues to yield compelling results and, more importantly, truly positive impact on the families we serve. Work streams include Education Finance, microenterprise, and the Ultra-Poverty Graduation model, all focused on geographies with large population of people living in extreme poverty. Our proven three-pronged interventions of tailored training, financial resources, and support increase incomes, create and sustain jobs, and provide affordable quality education for children and youth.
PROGRESS ON OUR WORK IN COLOMBIA: Exceeding Projections CY2023 Total
Results in the Colombia Opportunity Zone
CY24 2025 Cumulative Cumulative Total Target (as of 6/30/24)
CAPITAL RELEASED
Total number of loans disbursed
10,106
13,586
School Fee Loans
0
130
N/A
Micro-loans disbursed to entrepreneurs (majority women)
10,106
13,456
5,485
10,645
Value of loans disbursed
$6,617,702 $9,167,348
Improved savings capacity: Women-majority groups enrolled in savings groups Ultra-Poverty Graduation families EduFinance: new schools enrolled in EduQuality
8,200
11,918
15,135
N/A 29
204 140
120 120
Number of lives impacted
56,824
79,200
45,378
$6,617,500
CAPACITY BUILDING
OVERALL IMPACT
EDUCATION Our Education Finance and Education Quality teams are focused on developing partnerships with financial institutions and facilitating learning activities with the schools that participate in the EduQuality program. To date, we have: • 4 financial partners signed, and technical assistance completed: Crezcamos, Finanfuturo, Actuar Famiempresas, El Alcaravan • 29 schools in the EduQuality program began phase 2, after completing more than five years in phase 1 and reaching the objectives of the program • 107 new schools began phase 1 • 5,800 children were impacted by phase 1 schools and 21,400 will be impacted in phase 2 schools
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