Archives For News

Farmers in rural, agricultural areas of Burundi face a number of challenges unique to their remote location, including limited access to educational opportunities and financial exclusion:

40 percent of Burundian adults living in rural areas qualify as “illiterate*”[1]

5.3 percent of Burundian farmers hold an account with a formal financial institution[2]

Yet it is precisely among underserved communities that Turame Community Finance, HOPE’s microfinance institution in Burundi, seeks to work. Clients living in rural villages hold over 90 percent of Turame’s current outstanding loans.

Unlike a traditional bank, however, Turame’s mission goes beyond financial transactions, offering biblically based business training to its clients, and even to those who do not hold an account.

But Turame had a challenge: how to share robust stewardship training with those who may not only be accessing financial services for the first time, but may also have limited reading skills. Continue Reading…

By Roger Morgan, Africa Regional Director

It was in September 2017 that I, along with HOPE’s senior management team, recommended to the board of directors that we close operations in the Democratic Republic of Congo (DRC).

As one of the world’s most difficult places to do business, HOPE DRC’s history had been fraught with challenges. Since launching in 2004, we had faced numerous environmental, political, and operational hurdles. With HOPE’s desire to serve underserved places, we remained committed to working in DRC, even when so many organizations could not. But after more than a decade of combating challenge after challenge, we recognized that the program had stagnated, unable to grow in the increasing tumultuous environment and creating ongoing risk for other HOPE-network programs.

We could not provide a plan for improvement; we made the difficult decision to close.

Continue Reading…

It’s back-to-school season in the United States. Yellow school buses once again join the morning commute; teachers prepare lesson plans for the year to come; social media brims with photos of eager, sharply dressed children.

But around the world, many children are again seeing their peers don neat, identical uniforms and walk to school—and wishing they could join them.

Where education at a young age is both an expectation and a requirement for many of us, it is a hard-earned luxury for much of the world. The numbers are staggering: Around the world, an estimated 62 million elementary school-aged children are not enrolled in school, according to the World Bank.

Continue Reading…

For the first time in eight years, HOPE International is expanding microfinance operations to include another country: Paraguay! The HOPE network will reach Paraguay through a partnership with Diaconía, a microfinance institution with a mission of empowering those living in poverty.

Continue Reading…

HOPE International is thrilled to announce a new partnership with Compassion International to equip their local church partners with savings group programs. Read more in this press release:

Each year, HOPE celebrates clients who demonstrate our values of perseverance, compassion, character, and creativity by announcing the Thurman Award winner. Established in honor of HOPE’s first CEO, the Thurman Award celebrates clients who have not only experienced change in their own lives but have also extended that transformation to others in their community. We’re excited to share the story of Sixbert, this year’s runner up for savings group programs!

Living on just $60 each month, Sixbert Nteziryayo struggled to afford rent and other basic needs for his family. After getting behind and missing several rent payments in a row, Sixbert, his wife, and their seven children were evicted from their home in Rwanda. Needing to provide shelter for his family, Sixbert faced the challenge of finding a new way to generate income. Continue Reading…