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In this video interview, Pedro Lacen, director of microfinance at Esperanza International, HOPE’s partner in the Dominican Republic and Haiti, discusses the unique role of Christ-centered microfinance in the Caribbean.

Several months ago, Peter Greer, HOPE’s president, sat down with Pedro to discuss Esperanza’s work in the Caribbean. In this excerpt, Pedro talks about the particular impact Esperanza and HOPE are having as Christian organizations and shares a story of how the God Provides films, shown at community bank meetings through HOPE’s partnership with Crown Financial Ministries, are impacting clients through their simple presentation of key stories from the Bible.

Guerrier Gulma at La Reference

Thirty-six-year-old Guerrier Gulma sounds like he could work for Esperanza International, HOPE’s partner in Haiti, when he says, “Creating employment is always a good thing for the community.” Since he began receiving small business loans and basic business training from Esperanza less than two years ago, Guerrier has already created two jobs through his printing and photocopy shop in Trou-du-Nord, Haiti.

Guerrier’s business, La Reference Multiservice, fills a need in Trou-du-Nord, with the next nearest photocopy shop 30 minutes away in Cap Haitien. His busy shop reflects customers’ gratitude for the availability of this service, and Guerrier’s relations with customers have only grown stronger through the biblically based trainings his loan offer provided on the importance of honesty, integrity, and respect for others in business. Continue Reading…

HOPE’s initial expansion into Latin America came in 2005 when we entered into partnership with Esperanza International to work in the Dominican Republic. Building on the success of this model, HOPE and Esperanza joined forces to begin work in Haiti in 2006. Our Savings and Credit Associations in Peru are our newest program, bringing our country count to 16. Read on for a quick overview of our work in each Latin American country.

Dominican Republic

Background: According to a recent World Bank assessment, 43 percent of Dominicans live in poverty, despite a booming tourism industry; 16 percent of the population lives in extreme poverty. Employment in the Dominican Republic has been unequally divided by gender in the past 20 years, with approximately 63 percent of men but only 29 percent of women employed. According to 2010 data, one in five employed Dominicans remains poor, and one in 20 lives in extreme poverty. Continue Reading…

January 19, 2012, 2:07 EST – Kinshasa, Democratic Republic of Congo

I spent my second full day in Kinshasa with the HOPE Democratic Republic of Congo (DRC) staff. Once again I spent the day in the field: this time visiting repayment meetings. As I said in yesterday’s post, since the election at the end of November, things have been unsettled in the capital city of Kinshasa. The staff is working hard to get our program back to normal, working hard to catch up on both repayments (collecting payments on existing loans) and disbursements (distributing new loans). So while I wasn’t able to see a normal operating environment while I was in Kinshasa, I did manage to cram a lot of action into two short days. Continue Reading…

January 18, 2012, 4:33 EST – Kinshasa, Democratic Republic of Congo

I’m exhausted this evening, so this post will be short. I truly lived the life of a loan officer today, and as a result, I’m ready for an early bedtime.

HOPE Democratic Republic of Congo (DRC) has had a challenging couple of months, starting with the general elections that took place on November 28. There were accusations of fraud and tampering even before the election happened, and as you’d imagine, those cries grew louder after the election.

When the results were released, the incumbent was proclaimed the winner by a huge margin, which led to violence across the country in early to mid-December. Cognizant of recent unrest in other African countries, we decided to temporarily stop loan disbursements (new and renewal loan payouts), because we did not want to put our staff and clients in harm’s way. The unrest abated just as the country celebrated the Christmas holiday, followed by several DRC national holidays. The consequence is that we’re tracking behind our disbursement schedule, and the HOPE DRC team is hustling to catch up. I rode around Kinshasa with Seguy, one of our supervisors, and Sarah Simba, our executive assistant in HOPE DRC, who helped me out with translation. Continue Reading…

January 17, 2012, 12:15 EST – Kinshasa, Democratic Republic of Congo

I send you greetings from Kinshasa, the capital city of the Democratic Republic of Congo. Kinshasa is right across the Congo River from Brazzaville. It’s about a 10-minute boat ride. Sounds like an easy day, right?

I started the morning at HOPE Congo in Brazzaville. My plan was to spend the morning with Manny Palis, our managing director of HOPE Congo, and his leadership team, then leave in the early afternoon to catch the ferry to Kinshasa. After morning devotions I parted ways with Peter Greer, who is flying back to the States, and David Johnson, who is flying to Liberia for his next photo shoot. Then, at about 10:30 a.m., we got a call from the HOPE DRC staff, saying that since today is a national holiday in DRC, the last ferry leaves at noon. Uh oh. We hustle over to the river crossing. Fortunately Manny was kind enough to come with me so we could finish our conversation. Continue Reading…