Archives For community bank

Home » community bank

by Alisa Hoober, Recruitment and Retention Manager

Earlier this year, I had the opportunity to travel to the Dominican Republic to visit HOPE’s local partner, Esperanza International, and hear clients tell their stories. Early one morning, we drove down a dirt path along the Rio Chavon, which separates plush villas on one side of the river and the poorest of the poor on the other side, to the village of Boca de Chavon within the region of La Romana. We were there to visit a group of 10 women who have named their group “The Power of Israel.”

We quietly observed the group’s loan meeting, watching the 5W’s (welcome, worship, Word, work, wrap-up) in action, and admired the leadership of the Esperanza staff member, Vladimir. When the meeting was over, we had an opportunity to meet the women and hear about their businesses. Our group was eager to learn about why they joined the group and what made their businesses successful.

We asked our translator to please ask the group of women what has been the biggest difference in their lives since joining this group. The question was translated, and there were a variety of different answers from the group, including increased inventory for their business, improvements to their homes, and increased ability to feed their families. Then, Isabelle, one of the founding members of the group, stood up. She was a quiet women but received the attention of the group. They silenced as she spoke with conviction. She said:

Continue Reading…

Paniel Community Bank

by Mara Seibert, reposted from www.maraseibert.com

HOPE recently welcomed three communications fellows, who’ve traveled to the field for a year to report how God is moving in those programs. In this blog post, Mara Seibert, serving in the Republic of Congo, shares her first experience witnessing a community bank meeting.

Makélékélé. The trick is learning to spell it first. The pronunciation just rolls off your tongue … mah-kel-eh-kel-eh. The next trick is getting a taxi to take you there. We took a green taxi to get there, Précy and I. Not that there is anything special about a green taxi in Brazzaville—all of the taxis are a vibrant shade of forest green, populating the streets like a metal forest. Winding through the streets of Brazzaville from HOPE Congo’s office to the neighborhood of Makélékélé is not an easy trek for taxis because of Marché Total: an enormous sprawling market with an ever-present traffic jam going through the middle of it.

As we drove, Précy kept up a running commentary about city life, how most of the population uses the green-painted public transportation: taxis, buses (vans painted green), and even bigger vehicles. Buses are cheaper than taxis but also more crowded. For Précy, they have their own appeal: “Buses are my favorite means of transport. You hear a lot of things. Lies, truths, news …” Taxis squeeze by each other in seemingly incomprehensible patterns with millimeters to spare that left me holding my breath—that would also be because of the wafting aroma of petrol. Finally we arrive near the church of Makélékélé and walk past small stands and businesses selling anything and everything from wine to used clothing, backpacks to hot food, and walk into the group meeting.

Counting a repayment

Continue Reading…