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Step 1

Each family presents a business plan to be evaluated by the church leadership in Colladere and Bright Hope’s field agent.

The first installment of $50 will be given to be repaid over a period of six months.

Step 1

Step 2

The entire church-wide loan (which includes all of the families) must be repaid before a second installment is given to promote group accountability.

Step 2

Step 3

Subsequent installments are increased by increments of $50, with the second installment being $100, the third $150, and the last at $200.

Step 3

Step 4

Daily oversight is provided by the church leadership with the church nominating a loan officer.

Step 4

Step 5

Ongoing training is provided by Bright Hope’s field agent on a monthly basis and the church leadership with mandatory meetings every few weeks to discuss business issues and opprotunities.

Step 5

Bright Hope serves the extreme poor and envisions a world where local, in-country churches transform their communities.

bright hope