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HOPE launches new savings group program in Benin. Families in poverty can have a safe place to save, access to loans, and community.

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Dumel Fontaine is a husband and father of three living in Les Cayes, Haiti. He’s always been committed to providing for his family—yet as someone without sight, he’s also almost always been barred from doing so. “My situation was … very catastrophic because I didn’t have a job until now,” he says. “There wasn’t enough clothing and food.”  Continue Reading…

In 2010, Small and Micro Enterprise Program (SMEP) Microfinance Bank, a Christ-centered microfinance institution serving families in Kenya, celebrated a major distinction: It became the third deposit-taking microfinance bank in the country to be licensed and regulated by the Central Bank of Kenya. But along with its approval, the central bank issued one caveat: SMEP needed to add investors to its ownership pool.

It sounded like a simple request—yet it proved to be anything but.

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Before joining her savings group in Peru, Rina Navarro de la Cruz had to borrow a large loan with a high-interest rate just to pay the bills. Now, week by week, she’s escaping that cycle—and teaching her daughters about God.  Continue Reading…

Pictured above: Divya (on right) with other members of her savings group

Divya’s* son, Rakesh, had been sick for years. His coughing, fevers, and colds were nonstop and left him feeling weak. Eventually, he couldn’t walk even a short distance. She’d taken him to hospitals and doctors in their community in South Asia* but never received a clear diagnosis for his worsening symptoms.

Then she received startling news: “One day, the doctor said that my son had a hole in his heart, and he [needed] to undergo the operation,” Divya recalls. “I was shocked.”

But a second blow was soon to come: how to pay for the procedure without falling into a lifetime of debt.
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When launching HOPE Tanzania last year, Peter Greer, HOPE’s president and CEO, emphasized, “The reason behind every expansion at HOPE is to invest in the dreams of even more families.” 

One year later, we’re praising God for opening the doors to do just that. Check out these stories of how savings groups are already impacting Tanzanian families and communities—there’s so much to celebrate!  Continue Reading…