Best Christian Microfinance Organizations

Best Christian Microfinance Organizations

Best Christian Microfinance Organizations

The Best Christian Microfinance Organizations are out to assist followers of Christ in their financial journey. Microfinance which was started in the 1970s is the practice of providing financial services, especially microloans to people who are in need. Since its creation, it has rapidly grown worldwide and many Christians have embraced it. As of the time of writing, professionals in finances have estimated that there are over 665 million client accounts at more than 3,000 financial institutions. Around 188 million of these accounts are in India, while 27 million are in Africa. Microfinance organizations are diversified in nature as they move from the multibillion-dollar Grameen Bank of Bangladesh to Christian groups such as Opportunity International which is based near Chicago.

Kiva.org is a platform that matches borrowers and lenders with loans that average $382. Most of those who had previously started a business know how difficult it is to find a startup loan. A good number of people clearly have the business ideas but they lack the necessary finances to go about the venture. Others are running the risk of being kicked out of the market because they lack the necessary finances to meetup with the demands of their existing businesses. Some people go for loans at the wrong places and end up regretting. All these problems lead to a stressful mind which is not at peace. Luckily enough, the best Christian microfinance organizations that we are about to present can bring solutions to most of these worries. There are lots of qualities that define a good micro-finance structure.

Best Christian Microfinance Organizations

Why a religious-related structure?

There are many micro finance organizations out there, but why do we choose to go only after those that are centered around Christ? This is the question that most people regularly ask. As Christians, we are called upon to engage in those things that are pleasing to God. In whatever thing that we are doing, it is our duty to see unto it that God’s will comes first. Whether in our business or professional milieu, we must seek to accomplish God’s will as we respect and honor his commands. In addition to this, a Christ centered micro-finance organization is more likely to operate in respect to God’s principles. Such brings God’s blessings on those obtaining the loans which will guide them into success. Below is our list of the Best Christian Microfinance Organizations:

1. Opportunity International

Opportunity International 501 nonprofit organization that is currently working to end global poverty by sustaining existing jobs and creating new jobs. It uses a network of 47 program and support partners to offer small business loans, insurance, saving, and training over 14 million people in the developing world. Opportunity International was founded back in the year 1971. Its headquarters are located near Chicago. Its goal is to provide thriving opportunities for men and women with ambitious dreams for their futures. It does this by empowering them to move out of poverty.

2. HOPE International

Hope International provides Christ-centered financial services. It is in obedience to the command of Christ to love our neighbors and make disciples of all nations that Hope International provides discipleship opportunities, a safe place to save, training, and loans for business ventures. Through the loans offered by this company, clients can lunch or expand their businesses. Note that it is a global non-profit company from which everyone can benefit from.

3. Alalay sa Kaunlaran Inc (ASKI)

ASKI is a Christ-centered micro-finance organization that is located in Philippines. This God-centered organization is committed to serving the needy in Luzon through holistic transformation and socio-economic development. It is highly reputed for its fund provision ability.

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4. Banco D-Miro S.A.

Banco D-Miro S.A. is one of the best Christian microfinance organizations that has its headquarters in Ecuador. It is a national organization based on the gospel of Jesus Christ that helps people spiritually and financially.

5. Amasezerano Community Banking S.A.

Amasezerano Community Banking S.A. is a Christian leading financial institution that is located in Rwanda. It effectively contributes to the holistic development of the poor people in Rwanda.

6. Center for Community Transformation Credit Cooperative (CCT)

CCT is a Christ-centered organization located in Philippines that fights against poverty and social injustice. It values the funding of social development projects in its evangelical mission.

7. Community Economic Ventures Inc (CEVI)

CEVI is a Christian humanitarian company that is located in Philippines. This humanitarian company works towards moving clients and communities out of poverty through the provision of loans in its microfinance project.

8. Christian Rural Aid Network (CRAN)

The Christian Rural Aid Network is a local non-governmental organization that operates in Ghana. CRAN is committed to sustainable rural development in Ghana. Its ways are rooted in the Christian doctrine. Apart from rural development, it helps people to grow spiritually by teaching them the ways of God.

9. KREDIT

KREDIT is located in Cambodia and operates as a partner of World Relief. It functions with the local Church in order to transform the lives of her congregants economically, socially, and spiritually.

10. Foundation for the Assistance of Small Businesses (FAPE)

FAPE is a Christian financial institution located in Guatemala. Its goal is to assist the Christian micro-entrepreneur. The institution has been in existence for so many years today. It has assisted many young entrepreneurs from startup to success.

11. SALT Microfinance Solutions

SALT Microfinance Solutions is one of the best Christian Microfinance organizations in the World. They help their clients to grow spiritually by teaching them Biblical principles in all areas of life. Since creation, they’ve been fighting poverty and helping families to find a sustainable path towards financial freedom. In simple words, they equip families with what is necessary to provide for themselves. This Christ-centered organization also provides microloans to to those who desire them. These microloans are aimed at funding those desiring to expand their businesses and those wishing to venture into the business world.

12. VisionFund

VisionFund is an international Christ-centered organization that provides financial services to Christians. Since creation, they’ve been actively fighting against poverty in order to ameliorate the lives of their clients through the riches of God.

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