“Blessed are those whose strength is in you.” Psalm 84:5a
This Mother’s Day, join us in honoring them by reading how three tenacious mothers, rooted in God’s strength, are overcoming obstacles to invest in bold dreams. 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 community. We’re excited to share the story of this year’s honorable mention from Eastern Europe: Jacob Timos.
Over 10 years ago, Jacob Timos used his first loan from HOPE’s partner in Moldova, Invest-Credit, to open a rabbit-breeding business. He started with just six rabbits, and with additional support from Invest-Credit, he has significantly grown the business, selling rabbits to customers as far away as Germany.
Recently, Jacob bought more land and started growing raspberries in partnership with another Invest-Credit client. He says, “Without loans from Invest-Credit I wouldn’t have been able to start my business and grow to the level where I am now.” Jacob has referred over 200 clients to Invest-Credit! Operating a sustainable business in an area where many struggle to make ends meet, Jacob is an inspiration to his neighbors, who often ask him for insights on good business development. To help others provide for their families, Jacob has given away rabbits so that they can start their own rabbit-breeding businesses.
As a pastor, Jacob is passionate about seeing Christians in his community reflect the Gospel in their work, saying, “So many believers run businesses here, create jobs for others, and provide services. … Pray that people will turn to God here in Straseni. … That they would come to faith and know Jesus. That is the most important thing. ”
As we approach the town of Kamenka (KAH-men-kuh) on a busy two-lane road, we pass dozens of trucks going the other way carrying fruits and vegetables. Some of these trucks are transporting produce to local and regional markets in surrounding cities like Zaporozhye, but there are larger refrigerated trucks that are traveling as far away as Kyiv and Moscow.
I’m traveling with Andre Barkov, the managing director of HOPE’s microfinance institution in Ukraine, and Natasha Kurilenko, the director of marketing for HOPE Ukraine. We are traveling to Kamenka to visit our local branch, witness the greenhouse economy that has developed, and understand the ways that HOPE Ukraine’s loans are providing a catalyst for economic development in the region. Continue Reading…