Success, Sustainability, and Smiles

Hello DHF Family,

Greetings from wintery Cajamarca! Its times like these that I long for a day in the warm summer sun back in Texas with a cheesecake snow cone in hand. Here in the HopeHouse we’re currently in our 6^th month of educational trainings and I thought it would be great to highlight our greatest achievements to date.

*100% Payback Rate Maintained

*26 active village banks, 5 founded earlier this year

* 266 loan recipients

*305 educational trainings in the HopeHouse and in Community

*199 Business Assistance activities

*$6,304.00 recorded profits due to educational trainings

*$1,920.00 recorded savings due to educational trainings



Sewing Students presenting their handmade skirts.



None of these achievements would be possible without the support of our local partner, Multicredit, and our hardworking staff, Berth and Karina.  Now in our third year, not only have the number of village banks, loan recipients, and trainings doubled, but our commitment to long term sustainability and ownership is more solid than ever.



Natividad proudly displaying her business



As we approach 2013, DHF will begin planning our most important step thus far in which we will slowly begin to hand over administrative and financial responsibility to Multicredit. Doing so fulfills our mission of providing local  institutions in Latin America with the knowledge and “know-how” to sustainably manage village banking projects utilizing our Microcredit PLUS Model.

To make this goal a reality, I’m excited to announce that Founder, Maggie Miller; Board President John Thornborrow; and our newest Board Member, Hector Dominguez will travel to Cajamarca, Peru at the end of September to witness first-hand the power of microloans and education.

I continue to be amazed at how our family of donors and supporters continue to grow and inspire me on a daily basis. Thanks for your prayers, well wishes, and unwavering belief in our mission. Such positive energy keeps me strong and proud to be part of this amazing labor of love.

Rosa finishing her embroidery.

Happy Friday and Well Wishes to All!

Des