DiscoverHope Fund

Location

Austin, TX

Website

www.lendhope.org

Year Founded

2006

EIN

20-4646548

Form 990

form_990/1342807476.pdf

Regions Served

  • South America

our mission

DiscoverHope is a nonprofit organization whose mission is to provide opportunities for women in poverty to create their own prosperity through microcredit and educational training. www.lendhope.org

description

DiscoverHope creates dignified solutions for women in poverty through our Microcredit Plus Model. By combining loans with learning, we provide access to credit as well as access to knowledge. www.lendhope.org

our projects

Microcredit PLUS education for women in poverty

Cajamarca,

To complement the microcredit component that DiscoverHope funds, we seek to offer approximately 300 educational trainings each year to maximize women's entrepreneurial, financial, and personal goals. In 2011, we doubled in size! We now have 21 village banks serving 216 families, and we provided 725 classes, workshops and individual coaching sessions, far surpassing our original goal of 300. All while maintaining our unprecedented 100% loan payback rate. This project would continue to provide a range of trainings to these women over the course of the year that would be organized by our on-site program manager, indigenous staff and teachers. Trainings are always determined based on the requests and needs of loan recipients because we work from the roots up, beginning with the dreams and desires of the women we serve: historically these trainings include business, finance, literacy, health ed., computer, artisan, culinary and husbandry skills development. DiscoverHope is able to provide these trainings to village banks located both centrally within the city of Cajamarca at our HOPEHouse, a women's development center, as well as to the village banks spread out in the rural communities where transportation is limited or not feasible. For more information, visit www.lendhope.org


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Microcredit PLUS Training

Cajamarca, Peru

Since 2008, DiscoverHope has provided 717 loans. We have funded over 1,800 development trainings related to business assistance, literacy, computer, and artisan skills. Through our Microcredit PLUS model, the lives of over 400 women and 1,500 family members have been permanently transformed for the better. In 2011 alone, we doubled in size! We now have 21 village banks serving 216 families, and we provided 725 classes, workshops and individual coaching sessions, far surpassing our original goal of 300. All while maintaining our unprecedented 100% loan payback rate. This project would continue to provide a range of trainings to these women over the course of the next year that would be organized by our on-site program manager, indigenous staff and teachers. DiscoverHope is building a family of inspired people who seek to give their greatest strengths to the world. We are transforming hundreds of families out of poverty and there are hundreds waiting, with hope in their hearts. With your help, DiscoverHope can continue building a legacy of hope for all. For more information, visit www.lendhope.org


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