Bright Hope News

Updates from Bright Hope and our partners around the world.

Margret and Emelda Transformed Through Microloan Program

Margret and Emelda Transformed Through Microloan Program

Wednesday, May 28, 2014

Samfya, Zambia – Margret is a widow and a mother to five children. She enrolled in SCCP’s microloan program in 2008 with a $10 loan to begin a garden at her home. Though Margret had never gardened before, she was successful in her harvest and sold her vegetables to fully pay back the loan after four months. In December 2008, she received a loan for $120 and became a farmer, utilizing a maize field to feed and support her family. In the first year she grew 25 bags of maize and 33 bags in 2013. Because of the success of her harvest, Margret sent all five of her children to school, something she never thought she would do.  


Natalia Leads Women in Action Project in Peruvian Jungle

Natalia Leads Women in Action Project in Peruvian Jungle

Thursday, March 20, 2014

Aoti, Peru — The Women in Action project began in 2008 under the leadership of Antonia Yalta in partnership with Segadores. The project provides workshops for women in sewing and artisan crafts so they may learn new skills and earn income to better provide for their families.  


Three Women Empowered to Build Their Business

Three Women Empowered to Build Their Business

Thursday, February 06, 2014

El Alto, Bolivia — Since opening in 2010, the Bethesda Microloan Program has continued to grow and provide opportunities for the people of El Alto.  


Emma's Grandsons Blessed by Her Microloans

Emma's Grandsons Blessed by Her Microloans

Wednesday, January 22, 2014

Samfya, Zambia – Grandmother Emma Kombe is a dedicated and joyful woman in her community, involved with her church and a volunteer in the SCCP Home-Based Care Program that assists the sick and elderly. Emma has dramatically changed her life and grandsons’ futures through the gift of a microloan through Bright Hope project partner Samfya Community of Care Providers.  


Microloans in Haut Savanette See Success

Microloans in Haut Savanette See Success

Tuesday, July 30, 2013

Haut Savanette, Haiti —The microloan program in Haut Savanette was reestablished in 2011 after Pastor Francois took over as leader. Five participants recently completed their $100 level loan and are ready for an increase. These five church members work as a group and each is only eligible for the next six month loan when all group members have repaid their own loan.

Patrick has been a church member since 2011 and a microloan participant since 2012. Patrick uses his loan to keep a full inventory for his two trades. He buys chickens in Pignon, and after fattening them up on water, bugs and corn, he takes them to St. Raphael and resells them. In order to make the chicken trade worthwhile, his goal is to sell about twelve chickens weekly. On his trips to St. Raphael, he takes charcoal he either makes or buys local in Savanette to sell in Cap Haitian. Patrick makes the trip to Cap two times a month, and tries to align the trip with his travel to St. Raphael to save on travel cost. Both of these small businesses help him to take care of his seven family members.

 

Silnise, 27, is one of the original loan participants and been a church member since 2011. In order to help provide for the ten family members she lives with, Silnise sells gasoline along the main road in Savanette. She travels to Cap Haitian about two times each month to purchase gasoline. She carries them herself into town and stocks up her stand by the road. She can sell up to three gallons of gasoline per day, but many days she sells nothing. As with many small businesses in rural Haiti, travel costs eat up much of the profit to be made, and Silnise pays about $10 round trip each time she travels to Cap Haitian.

The repayment activity for this group at Haut Savanette consistently maintains their repayments above the program’s average of 92%. The program is at a point where expansion is appropriate. Ten individuals waiting to participate in the program, starting at the base level amount. But additional capital is needed to allow both of these increases.

Pastor Francois is optimistic about the microloan program expanding and flourishing in time. He has high hopes for his church and congregation and putting them on the path towards self-sustainability.

Support Bright Hope's work in Haiti or Microenterprise.

 
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Susan Builds Home with Microloan Profits

Susan Builds Home with Microloan Profits

Monday, June 24, 2013

Apac, Uganda — Uganda’s microfinance program is on track for success in the Apac community. Planned activities are being implemented and transformation is apparent in the local communities. Regular trainings in farming and business are being offered for all microloan beneficiaries in the community.