Promoting Inclusive Markets and Financial Systems
Location + Details
Hoffman Estates, IL, United States
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Bright Hope has a focus on "Bringing Hope to those living on less than $1 a day." Bright Hope works to provide holistic help to the extreme poor through the indigenous church delivering basic needs including: Physical: food, clothing, shelter, medicine and education. Economic: micro-loans and job training to produce a product for fair trade. Spiritual: poverty is not just a physical or economic condition.
The service is model of Bright Hope is to: encourage INDEPENDENCE by providing hope for their future, by initiating job creation programs so that people can earn a livable wage and begin providing for themselves and their families. SUPPORT the initiatives of the local church. have FUN, INFORMATIVE AND HELPFUL events that encourage support and participation from families, churches, and small groups. be ACCOUNTABLE as a member of the Evangelical Council for Financial Accountability (ECFA), and by being awarded a four-star rating from Charity Navigator.
Countries of Involvement
Bolivia, Chile, Cuba, Haiti, India, Kenya, Peru, Uganda, Zambia
Loans, Financing projects, Technical assistance/ Consulting and advisory, Financial education, Impact measurement, Business development services, Capacity building/ Training, Peer learning and exchange
Gross Loan Portfolio (USD): 353,000
# Active Borrowers: 1,938
% Women: 0.7