Hope International (Christian microfinance)

Hope International is a Christian microfinance organization that provides loans, savings, training, and discipleship to entrepreneurs living in poverty in developing countries. Founded in 1991, HOPE seeks to alleviate poverty and empower individuals to break free from economic hardship by creating sustainable businesses and generating income.

HOPE International distinguishes itself by integrating its faith-based mission with its microfinance practices. They believe that addressing both the spiritual and economic needs of individuals is crucial for holistic transformation. Therefore, in addition to providing financial services, HOPE incorporates biblical principles of stewardship, savings, and generosity into its training programs and client interactions.

The organization works through a network of local partners in various countries across Africa, Asia, Latin America, and Eastern Europe. These local partners understand the specific cultural and economic contexts of the communities they serve and tailor HOPE’s services to meet their unique needs. HOPE's microfinance model typically involves group lending, where borrowers form small groups that provide mutual support and accountability. This encourages loan repayment and fosters a sense of community among borrowers.

HOPE International offers a range of financial products and services, including:

• Microloans: Small loans used to start or expand businesses.
• Savings accounts: Encouraging savings and providing a safe place to store money.
• Training: Business skills training, financial literacy education, and discipleship programs.

HOPE measures its impact through various metrics, including the number of loans disbursed, the repayment rate, the income growth of borrowers, and the spiritual transformation of individuals and communities. They are committed to transparency and accountability, regularly reporting on their progress and financial performance.