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.
HOPE Intl
Sep 20 2023
HOPE Intl
News Stories we love
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…
Material poverty is a complicated reality, with many causes and perhaps just as many proposed solutions. With this in mind, understanding poverty isn’t always easy and requires a comprehensive approach.
According to the World Bank, 574 million people—nearly seven percent of the world’s population—will still be living on less than $2.15 a day in 2030.
What the Bible says about poverty
Men and women living in material poverty face many challenges: lack of basic resources like food, shelter, and money; corrupt social systems; poor education; and limited access to health care.
But those who haven’t experienced poverty often overlook one of its most profound impacts: hopelessness and shame. Material poverty can compound the brokenness that exists in our relationships with each other, with God, with ourselves, and with the rest of creation. Material poverty says to those in its grasp: You are not worthy. Continue Reading…
HOPE Intl
Sep 19 2023
HOPE Intl
Microfinance News
When Leonora Calipay’s children finished school and she came home to the Philippines, she knew there was something more to her life than retirement.
Leonora’s neighbor noticed her desire to do meaningful things in her free time, so she taught Leonora to sew rugs. With this new skill, Leonora started her own small rugmaking business. She hoped to empower her neighbors—especially the single mothers in her community—to make a living through the same craft.
