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Hope International microfinance MoldovaFormerly part of the USSR, Moldova currently struggles with a large foreign debt and high unemployment rates. The economy is heavily based on agriculture, and the country relies on energy from Russia. Nearly 30% of Moldovans live below the poverty line.

HOPE in Moldova

Moldova Map: Program Location is near Chisinau, MoldovaWith loans from HOPE Moldova, clients have been able to grow small businesses and contribute to their community churches, support missionaries, and better provide for their families. HOPE Moldova is the only microfinance organization in Moldova offering start-up loans. Surveys suggest that each loan received from HOPE Moldova helps a client increase his/her business revenue by 15-20%. HOPE Moldova utilizes four different loan products to meet the needs of businesses in various stages of development. HOPE Moldova also addresses important issues of faith. One Moldovan entrepreneur described the relationship between business and spirituality in Moldova saying,

"Many people want to come to Jesus, but in order for this to happen they must give up their old way of life, including their old way of earning income such as selling drugs and alcohol or through corruption and illegal trade. This creates a huge need for Christians to demonstrate opportunities for them to earn an honest living. Without this, many will not enter the Kingdom, or poverty and desperation will drive them back to their old ways and away from God."



Visit other areas where HOPE is making a difference:

Afghanistan Haiti Romania
Burundi India Russia
China Moldova Rwanda
Democratic Republic of Congo Philippines Ukraine
Dominican Republic Republic of Congo - Brazzaville