Social Enterprise

Creating jobs and opportunities for economic development is the primary way that JustHope lives into our mission of "combating extreme poverty." We believe that every person has a right to work, and our experience shows that meaningful work not only helps people meet basic needs, it increases one's sense of dignity.

JustHope’s Social Enterprise programs focus on creating a culture of entrepreneurship and innovation that cultivates inclusive and diversified economies in our partner communities. We do this primarily through supporting small business ventures and through microcredit lending banks.

In 2018, JustHope...

  • Maintained 14 microbanks, providing loans to 157 people.
    clipart of a building with pillars and a dollar sign
  • clipart of a store front with large display window

    Supported the Chacraseca Hardware Store in serving an average of 200 people per week.

    ...And the La Flor Community Store.

  • Kept the Stitching Hope Cooperative going, employing 5 women.
    clipart of a woman in a dress holding a briefcase
  • clipart of a pitcher
    Sold Nicaraguan artisan goods, such as pottery by the Lopez Family and Stitching Hope items, at events in the U.S.

Our Social Enterprise Projects

Women in Nicaragua cannot access traditional loans without presenting significant assets for collateral and, traditionally, Nicaraguan women do not own such assets. Therefore, it is extremely difficult for them to get seed capital to start their own businesses and supplemental capital to continue to grow them. JustHope’s Microcredit Coordinator explains, “What we want is that women have the resources to live their lives without depending on other people.”

Sonañdo Juntos Ferretería y Tienda

The store is expanding! After two years in operation, the residents of Chacraseca are celebrating the Ferretería as one of the best things that has happened in their community.

"I can ride my horse to get what I need!"

"It's wonderful, now I don't have to go the León to buy nails!"

"I think I can repair my house now!"

With help from SpiritBank and DoubleShot Coffee, this project raised the funds needed to start a microbank in La Flor, a small, coffee-farming community in the mountains of central Nicaragua. Access to the loans made available by this new microbank enable small-scale coffee farmers to prepare their coffee fields for the coming season without having to engage a loan shark (which is often the only option for small farmers).

Three members of the Lopez family gather around their domed, brick kiln

JustHope has been visiting the potters' village, San Juan de Oriente, for several years. Over these years, a friendship and partnersip was formed with the Lopez family potters, Cándida, Fanor, Isaias, and Leandro.

A group of 270 farmers from the furthest sectors in Chacraseca sent representatives to us with an urgent request to help them buy a new tractor.

At that time their only option for getting their fields ready to plant was to rent a tractor from someone in a nearby community, which is expensive, and they have to wait in a long line, often meaning they can't get their crops planted in time for the short spring growing season.

La Flor means "the flower" and the beauty of the area is true to the name. La Flor is a small community of farming and coffee-picking families, all of whom live on less than $2 per day. Situated at the top of a mountain in Nicaragua’s cloud forest, there is no vehicle access, making life in La Flor a challenge.