HOPE International is a network of microfinance institutions operating in 17 countries around the world. We work to empower men, women, and families to break the cycles of physical and spiritual poverty through the provision of biblically based business training, savings services, small loans, mentoring, and discipleship. By incorporating a strong witness for Jesus Christ and employing a variety of approaches to microfinance, HOPE is an innovator in the field of microenterprise development.
In its network, HOPE includes traditional microfinance programs, microfinance plus programs (which incorporate health care, literacy training, or other community empowerment initiatives outside the realm of traditional microfinance), savings-led microfinance programs, and small and medium enterprise development programs. Our programs are effectively reaching over 400,000 entrepreneurs around the world with the love of Jesus Christ and the opportunity to start or expand a business. From inception to present, HOPE’s programs boast a 96 percent repayment rate, pointing to the efficiency of HOPE’s methodology. The Rwanda SCA program was launched in 2008 in order to reach a larger number of people in rural communities. To date, we have served well over 200,000 people through more than 11,000 savings groups in every district in Rwanda. HOPE International (HOPE) is a Christian faith-based, 501(c)(3) nonprofit organization focused on alleviating physical and spiritual poverty through microenterprise development.
HOPE practices a holistic approach to poverty alleviation. Microcredit and basic business training enable individuals to build businesses and break free from physical poverty. Clients find that their increased income enables them to provide more nutritious and regular meals as well as improved housing and education for their children. But HOPE isn’t only concerned with physical poverty. Christ-following loan officers share the hope of the Gospel in the context of relationships, ministering to spiritual poverty as well.
A Worthy Investment
When one of HOPE’s programs becomes profitable, instead of returning profits to the United States, HOPE invests the money in further program growth and in community initiatives such as Christ-centered children’s ministries or complimentary health care. HOPE’s programs are highly successful, boasting a historical repayment rate of 96 percent, and highly leveraged. These high repayment rates coupled with HOPE’s commitment to stewardship ensure that every donor dollar is maximized.
Why Microenterprise Development
Around the world many creative, intelligent people are mired in poverty because they lack access to capital. Microfinance services can make the difference between economic entrapment and the realization of their dreams. HOPE believes that microfinance can be a powerful force in changing the world for the better and that loving people as Christ loved others means caring for both physical and spiritual needs. HOPE ministers to the underserved in 17 countries, working in the hard places and thriving there. HOPE’s microfinance programs offer a sustainable alternative to the short-term forms of charity that have often left a wake of disempowerment in developing countries. Microfinance isn’t a handout but a hand up. It demands ownership and active participation from the beneficiaries of the intervention. Microloan recipients can take pride in knowing that their own hard work has made the difference between poverty and provision.