HopeCore Makes Smart Investments

HopeCore makes smart investments by loaning to those who will most benefit from 30,000Ksh ( about $350). In order to identify the neediest in the community, the HopeCore Micro Enterprise Team conducts income surveys to assess the need of each HopeCore associate group. Most of HopeCore’s clients make a living through farming so the team asks questions such as: “How many tea bushes do you have?” “How many cows do you own and how much milk is produced daily?” The team uses the answers to these questions to calculate the monthly income of HopeCore associate groups. Individuals who make too much money, such as those with salaried employment, are asked to give up their group membership. Those with less income replace them. By investing in the neediest in the community, HopeCore assures that its money will make the biggest impact.