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brazza-week-2-007After receiving their loans, the clients get a one-week grace period to apply the funds to their businesses (by purchasing more inventory, diversifying stock, renting more retail space, etc). Reimbursement meetings start two weeks after the original disbursal, allowing time for the infusion of capital to bear fruit for the entrepreneur in the form of increased profits. From that point on, clients meet every week for the remainder of the four-month loan period. Community banks come together for an hour and a half to make repayments, receive business training rooted in scripture, share concerns and seek counsel, and pray and fellowship with one another. Continue Reading…

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I’m pleased to introduce HOPE Congo’s pioneering community banks!  On May 10, HOPE Congo’s first loans went out to fifty Congolese men and women seeking to improve and expand their small businesses.  The clients formed two community banks of 25 – one group named itself “Ebenezer” and the second “The Good Seed.” Continue Reading…

We are gearing up for an exciting fall. As the educational year gets into full swing, we’ll be taking advantage of a number of opportunities to educate new audiences on the transformational power of microfinance.

HOPE is especially excited about Sunday, October 18.  We’re launching Give HOPE Sunday, a national campaign retrofitted just for churches.  We’re aiming to break down the perceived barriers that exist between churches and this new mission field of Christ-centered microfinance.  We’re claiming that missionaries can be bankers and affirming that for the three billion people living in poverty on this earth, there is Good News: God cares for His children’s physical and spiritual condition.  For Give HOPE Sunday, we’ll happily provide sermon points for pastors, bulletin inserts, posters, videos, and other supporting materials to help your church explore God’s heart for the poor.  If you are a pastor seeking ways to encourage your congregation to reach out to the world’s poorest people or if you are a layperson seeking a chance to share your love for what HOPE International is doing, then host a Give HOPE Sunday.

Even before Give HOPE Sunday gets underway, we’ll be heading down to the Catalyst Conference in Atlanta on October 7 to hear some great speakers and to leave our mark as well. HOPE International President Peter Greer will be launching his new book The Poor Will Be Glad.  We are brimming with excitement over the book launch! God is creating paths for our message, and people are responding.   We’re also excited for an opportunity Peter will have to introduce conference participants to microfinance in a radical and personal way.  Stay tuned to hear more!