Legacy of Hope
A long lasting impact
Welcome to Legacy of Hope
Founded on a novel idea that education and financial support, not charity, provides the surest way out of poverty for poor families, the Rotary Clubs of Branchburg in collaboration with Homes of Hope and Friends of Nepal – New Jersey established the “Legacy of Hope – Micro Credit Project” to provide destitute women with micro-credit loans. As a result, these women have gained knowledge and source of income for themselves and their families. This partnership has helped more than 1000 women in Nepal to empower them to take control of their lives, improve their family’s standard of living and provide what every mother wants for her children — hope for a brighter future through better nutrition, health care, and, most importantly, education.
Our goal is to reach more than 10,000 borrowers within 5 years — providing a hand up to the working poor. Unlike charity, micro-credit provides loans over and over again, multiplying the resources of poor communities.
Legacy of Hope by the numbers
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Raised to implement new micro credit project in Nepal in cooperation with the Rotary Club of Mahabouddha.
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Women empowered to make a sustainable difference in their communities.
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Women empowered through a new Women’s Empowerment Program
Micro-credit success stories
Mrs. Radhika Bogati
Micro-credit loans have helped Mrs. Radhila Bogati support three children and build her own home.
Mrs. Radhika Bogati moved from Ramechap to Kathmandu 18 years ago. She joined the Cooperative in Koteshor about 12 years ago and took Rs. 10,000 loan to start her grocery store. Now she is taking Rs. 80,000 loans a year. With this loan she has been able to generate Rs. 4000 to 5000 in sales per day and make Rs. 1500 profit on it. With this saving she has been able to support three children and build her own home. Thank you Women Entrepreneur Association of Nepal (WEAN) and Rotary club of Mahabouddha for your cooperation and collaboration.
Ms. Kalpana Basnet, 30 years old from Koteshor, joined the Cooperative 10 years ago and borrowed Rs. 10,000 the first time. Now she is taking loans up to Rs. 90,000 for her grocery store and is currently generating Rs. 6000 to 10,000 per day with a daily profit of Rs. 2000/- to 2500/-. Her husband has been supporting her in the business. She has been able to educate her children and enjoy a comfortable life. Thank you Women Entrepreneur Association of Nepal (WEAN) and Rotary club of Mahabouddha for your cooperation and collaboration.
Ms. Kalpana Basnet
Micro-credit loans have helped Ms. Kalpana Basnet support her children and run a successful business.
Ms. Bishnu Baral
Micro-credit loans have helped Ms. Bishnu Baral establish a cafe and build her own home.
Ms. Bishnu Maya Baral of Koteshor came from the remote village of Taplejung 18 years ago. She learned about the loan 10 years ago and joined the Coop and opened her first café in the village. At first, she took Rs. 10,000 then Rs. 20,000 and finally Rs. 80000 to expand her business. Now she is taking Rs. Rs. 90,000 loan a year and generating Rs. 10,000 per day sale with a daily profit of Rs. 2,500 from her business. She recently bought a small plot of land to build her own house.
Our Partners
Patan Business And Professional Women
FENA