Archives For Microfinance

At HOPE International, we partner with missionary-aligned microfinance institutions, ministries, and churches—equipping them with financial resources, tools, and expertise to reach the underserved in their communities. We do this because Christ-centered microfinance needs many workers. To impact people across the HOPE network, diversity helps us better operate in and impact the diverse world for the Lord.

In 1 Corinthians 12:12, Paul writes,“Just as a body, though one, has many parts, but all its many parts form one body, so it is with Christ.” If the human body is working to accomplish a goal, it is necessary for the different parts of the body to work in unity. The eyes need to communicate with the hands to communicate with the nose. Similarly, if HOPE is working to provide financial services in an area and another like-minded organization is doing the same work, we are much more effective by combining our efforts and working in collaboration and unity. Continue Reading…

By Blake Mankin, HOPE Regional Representative Money is a tool, and when we keep our relationship with money private, it can easily become a second master, keeping us from living lives fully obedient to Jesus. In the West, where open conversations about money often feel off limits, rarely discussed even in accountability groups, this openness […]

Continue Reading...

Each year, we celebrate clients who demonstrate HOPE’s values of perseverance, compassion, character, and creativity by announcing Thurman Award winners. Established in honor of HOPE’s first CEO and his wife, the Thurman Award celebrates clients who have not only experienced change in their own lives but have also extended that transformation to others in their […]

Continue Reading...

Each year, we celebrate clients who demonstrate HOPE’s values of perseverance, compassion, character, and creativity by announcing Thurman Award winners. Established in honor of HOPE’s first CEO, the Thurman Award celebrates clients who have not only experienced change in their own lives but have also extended that transformation to others in their community. We’re excited […]

Continue Reading...

  Each year, HOPE celebrates clients who demonstrate HOPE’s values of perseverance, compassion, character, and creativity by announcing the Thurman Award. Established in honor of HOPE’s first CEO, the Thurman Award celebrates clients who have not only experienced change in their own lives but have also extended that transformation to others in their community. We’re […]

Continue Reading...

by Annie Rose Ansley, HOPE Trips Liaison

This blog post was originally posted on Esperanza International’s blog.

I like to be independent. I like to accomplish and improve things without relying on or waiting for anyone else. Anyone with me?

0P7A8134Yet here in the Dominican Republic, microfinance groups with HOPE’s partner, Esperanza International, are opening my eyes to the beauty and paradoxical freedom of dependence. Forming a group is the first requirement to taking out a small loan with Esperanza. If an individual cannot repay their loan for any reason, the responsibility lands with the group. This system may sound scary, but it works. Social collateral—neighbors and friends—can be a very powerful guarantee. Members of solidarity groups live in small, close-knit communities, which positively influence each member to repay.

But, of course, there are times when someone is unable to pay back. I have been at many meetings where one client readily covers the meeting’s loan payment for another. Likewise, I have seen these advances repaid time and again. These examples of community dependence are a slice of humble pie for my spirit of skepticism and self-reliance. Continue Reading…