Though I have never been a savings group member, perhaps I will be able to describe what life is like from a member’s perspective in Kenya. Imagine that you would have a low, erratic income and with this income you would struggle to feed, clothe and educate your family. Also throughout your lifetime you would […]
Anabaptist Financial’s two-fold mission is to provide faith-based financial services and stewardship teaching. Prior to the formation of Open Hands, Anabaptist Financial exercised its twofold mission solely among conservative Anabaptist people in the United States. Compared to the US, Anabaptists in underdeveloped countries have limited financial services available to them. Anabaptist Financial’s board developed a […]
Often, when I thought of microfinance whether it was savings groups or microcredit (loans), I would picture someone with a small business and this person using the loan he had received from the group or the MFI to invest in a business. This person would use the loan for something that would hopefully earn them […]
Kenya, as you may have heard, is a beautiful country full of many contrasts. It has a beautiful tropical coastline, a 17,057 ft. tall mountain, lush farmland, dry wasteland, modern cities and primitive villages. For many years, the rich and poor have lived together in this land. Recently there has been an increase in the […]
Today Lyndon Swarey, Merle Burkholder and Darin Hershberger visited the Open Hands savings group program in Choix, Mexico. This program just started in April of this year. The first savings group began saving in June. The name of the savings group is “Christ is the Rock.” Pictured is Darin Hershberger with Rigo. Rigo is the […]
This group started in 2009 and was one of our first savings groups in Haiti. They have 78 members. They have saved the equivalent of over $3,000 USD since October.
The savings group program in Hyderabad, India, was begun in July of 2014. In 2015 we hope to see growth and maturity in this program. This program is being operated in partnership with Good Life Ministries. We are pleased to have six Indian staff working in the program. They are currently forming groups and providing […]
The Open Hands board has approved the beginning of a new savings group program in Guatemala. This program will be a partnership between Open Hands and Mennonite Air Missions. Lyndon Swarey and Darin Hershberger will travel to Guatemala from March 16–23 to launch the program there. They will hire a Guatemalan facilitator and train him […]