J993N Bridge of Hope Indonesia
Indonesia, Southeast Asia
In partnership with Bridge of Hope
The Situation
Bridge of Hope (BoH) was established in 2003 when people fled from social unrest to settle in Manado, in Northern Sulawesi. Responding to the need, BoH was set up by Australians to help these people out of poverty by making micro-loans so they could establish small businesses, bringing independence and dignity, regardless of religion or race. People were able to settle, eat and clothe themselves, and educate their children.
It was obvious many others in the area were also in dire circumstances, and branches of BoH were opened in Manado, Bitung and Tobelo. During the last 17 years, the BoH project has helped over 25,000 individuals (mostly women) and about 50,000 indirectly, with a hand-up out of poverty. BoH now facilitates groups in self-determination, and cooperative help in groups of about 12, and teaches how to save for unforeseen calamities.
The Objective
The Major objective of J993N is to contribute to poverty reduction and to empower families and individuals through savings and loan groups in North Sulawesi. Through Savings & Loan groups, they can be more independent by maximising their savings to meet various needs and even create business capital so that they are not dependent on loan sharks. Additionally, partners who are members of large 'cooperatives' can empower each other's savings potential and the profits earned are used for the welfare of all members.
J993N