SOCIAL ENTERPRISE

A sustainable income can transform families by providing necessary goods and services, increasing a sense of dignity
and by allowing parents to be positive role models to the next generation. In Malawi, more than half the population
lives on less than one US dollar a day. Limited capital often means that businesses or ambitions never take off.
There is Hope supports business development by providing small scale loans and opportunities
to be involved in our social businesses.

SMALL SCALE LOANS

Business Training and Small Scale Loans

There is Hope offers small scale business loans to refugees and members of the host community who have either graduated from our vocational training program or artisans who are in need of tools and equipment to expand their businesses. Before approving a business loan, we want to provide useful resources that will help the recipients manage their businesses. To qualify for a loan, the individual must complete a one-month business course, where they will be taught the principles of basic business management. After successfully completing the training, the money is released. We maintain regular contact with the recipients to monitor their progress and provide necessary support. After an agreed upon period of time, the loan will begin accruing interest and the repayment process will begin.

HELPING THE POOR

“When we want to help the poor, we usually offer them charity. Most often we use charity to avoid recognizing the problem and finding the solution for it. Charity becomes a way to shrug off our responsibility. But charity is no solution to poverty.Charity only perpetuates poverty by taking the initiative away from the poor. Charity allows us to go ahead with our own lives without worrying about the lives of the poor. Charity appeases our consciences.”

MUHAMMAD YUNUS

Yunus is founder of Grameen Bank, the pioneer in the microfinance industry, he’s also a Nobel prize winner.
Leveraging the power of micro-loans he was responsible for lifting millions of women out of poverty.

KIBEBE

There is Hope wants to be a role model of financial independence for our communities, by making every effort to generate funds so that our activities are self-sustainable. Kibebe is a social enterprise registered by There is Hope in 2017. Our aim is to create employment, provide quality goods and services nationally and internationally, and invest all our profits into our programs. The people we employ are empowered with skills, an income, and the dignity that self-reliance brings.

Visit our website: www.kibebe.com