Living and working in New York with its dynamic economy, people, places and events can make it difficult to appreciate poverty. While the city also has less fortunate members of society, it pales in comparison to places like Tanzania. One of the poorest countries in the world, Tanzania has 90 percent of its people living on less than USD2 a day. 60 percent actually lives on less than USD1 a day.
Opportunity International, a non-profit organization has been providing small business loans, savings, insurance and training to help Tanzanians work their way out of poverty. Since 2008, the organization has established a bank and is currently converting it into a deposit-taking institution. However more can be done.
YAO New York members / Photo courtesy of Opportunity International
Opportunity International has a community of young professionals under the New York Chapter of Young Ambassadors for Opportunity (YAO NY), who have been supporting the fight against global poverty by empowering entrepreneurs through microfinance especially in countries like Tanzania where less than 5 percent of the population has access to formal banking institutions.
YAO NY are organizing an event on 15 October to 'Toast to Tanzania'. It seeks to increase public awareness of the challenges, opportunities and raise funds for microfinance in Tanzania. Your donation of $35 includes an evening of networking, raffle, silent auction, marketplace, open bar and hors d'oeuvres. Author of the book Unpoverty and SVP of Global Philanthropy at Opportunity International, Mark Lutz will also share his thoughts with everyone.
Photo courtesy of Opportunity Tanzania Limited
This event is an opportunity for New Yorkers to help hardworking Tanzanians start or expand a business and provide for their families as a way out of poverty rather than depend on aid or hand outs. For an enjoyable evening out with friends while helping a good cause, grab your tickets here.