Thursday, February 11, 2016

Microfinance

"Microcredit " plays an important role in the developing world. Wikipedia says it supports entrepreneurs, alleviates poverty, empowers women, and uplifts whole communities.

Hope International is a Christian network of microfinance as well as savings & credit associations. Their mission statement:

"At HOPE International, we invest in the dreams of families in the world's underserved communities as we proclaim and live the gospel."

"We believe families in poverty have the God-given talents and skills to provide for their families. What they don’t have is a lump sum of money to invest in their potential—by paying school fees, saving for the future, or investing in businesses."

Last year they served 850,000 families in 17 countries. Tomorrow's post features one of those families, the family of Mamola in the Dominican Republic.

(cont'd tomorrow)

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