Causes: Christianity, Economic Development, International, International Development, International Economic Development, Microfinance, Religion
Mission: To invest in the dreams of families in the world's underserved communities as we proclaim and live the gospel.
Programs: Savings group programs: The HOPE network of savings group programs provides individuals with a safe place to save. Facilitators train groups of 10-30 members to pool their savings on a regular basis, sometimes as little as 20-50 cents a week. Members use their savings or take out loans from the group to use as a buffer against emergencies, make important household purchases, or invest in businesses. As members meet regularly, they fellowship with one another, pray together, and study God's Word.
Microfinance institutions: HOPE-network microfinance institutions (MFIs) provide entrepreneurs with savings accounts and small loans typically ranging from $100-$2,000 to invest in their businesses. When individuals meet regularly to repay their loans, they also worship together, receive business training, study Scripture, and encourage each other. Once repaid, loan capital revolves back into the fund to lend to more entrepreneurs.