| Country / Region: | Haiti / Pignon |
|---|---|
| Project Summary: | Improving the quality of life and strengthening the Christian witness in the community through micro loans such as: donkey rental programs, agricultural and leadership programs |
Project Overview
In May of 2008, Bright Hope partnered with Pastor Jephthe of Pignon Ministries to begin a Micro Loan Program. After attending a training course in money management, participants would receive a loan to begin a small business.
With the original loan being the equivalent of just $30 US Dollars, families were able to start small vegetable gardens, feed their families and ultimately develop their own small business ventures.
In December 2008, 100% of the initial loans were repaid, Pastor Jepthe has distributed the equivalent of $60 US Dollar loans in the second phase of the program.
Through this program, over 285 families are regaining a sense of dignity, becoming far more self sustaining and creating their own hope for a better future.
Phase Three was to expand this program to 400-450 families. The program celebrated its 1 year anniversary in May 2009 with the second loans being returned at 100% payback. The third phase has distributed Micro Loans to 555 families!
Every $30 begins a family on their new business venture. You can contribute to the lives of hundreds by going to "Sponsor This Project Today" in the yellow right hand corner of your screen.
PigNon Micro-Loan Update & Proposal
Micro-loans are a powerful tool in the hands of the extreme poor. We celebrate the four consecutive terms of 100% repayment and invite you to join us as we continue the program with the 2011 Pignon Micro-Loan Proposal.
Download Proposal (PDF)
