Moto Hope Micro Lending (MHML) is a social enterprise launched in 2015 with the major goal of financing entrepreneurs, women and the youth. Our main target is the unbanked that need affordable financing in order to transform their lives. Since its inception, MHML has enjoyed remarkable goodwill and positive response from its beneficiaries. We are cognizant of the ever-growing need to reach out to more entrepreneurs, youth, women and self help groups. We endeavor to offer the much needed financial boost that these groups require in order to satisfactorily undertake their various income generating projects and thrive. In addition, we offer non-financial support to business enterprises through our business development training program free of charge.
- Our Mission – To provide affordable loans to the youth, women and small and medium enterprises that have little chance to access funding from banks.
- Our Vision – To transform the society through provision of affordable financial solutions to the unbanked population.
- Moto Hope Micro-Lending addresses six of The Sustainable Development Goals (SDGs) set by the United Nations in transforming the lives of its beneficiaries.
1. NO POVERTY
Moto Hope Micro-Lending purposes to meet the “No Poverty” Goal by
- Providing affordable credit to entrepreneurs and small holder farmers thus improving their accessibility to sustainable livelihoods through the prosperity of their enterprises and agribusinesses.
- Offering market linkages for smallholder farmers to ensure that their produce fetch good prices in the market to double incomes of small-scale food producers, in particular women, indigenous peoples, family farmers, pastoralists and fishers.
- Promoting capacity building through regular training of entrepreneurs and smallholder farmers to maximize earnings and optimal use of all available resources.
- Our measurable impact continues to show improved access to basic social services for our beneficiaries resulting from proper utilization of loans offered. They are better placed to provide for their families: primary health care, better nutrition, basic education, safe drinking water and sanitation as well as shelter.
Our special bias towards funding women purposes to address the disproportionate impact of poverty on women.
2. ZERO HUNGER
Moto Hope Micro-Lending:
- Offers a wide range of Agricultural and farm inputs loan products that are tailor made for individual small scale farmers thus sustaining their agricultural practices by enabling modern farming practices to ensure the food basket is sufficient and nutritious all year round to be accessed by all people especially children.
- Links smallholder farmers to markets and train them on the proper functioning of food commodity markets and their derivative as well as offer timely access to market information, to limit extreme food price volatility to ensure that their produce fetch good prices in the market.
- MHML’s Agricultural Demonstration Center, provides agricultural research and extension services to loan beneficiaries in order to enhance agricultural productive capacity of every farmer.
3. GENDER EQUALITY
- Moto Hope Micro-Lending is cognizant of the fact that ending all forms of discrimination against women and girls is a basic human right and crucial to accelerating sustainable development.
- Moto Hope Micro-Lending capitalizes on the multiplier effect of empowering women and girls to drive up economic growth and development by having the greatest percentage of its beneficiaries being female: 3 out of 4 loan beneficiaries are women/girls.
4. AFFORDABLE AND CLEAN ENERGY
- Moto Hope Micro-Lending through partnership with green Energy providers Eco-Zoom provides clean, affordable, reliable, sustainable and modern energy to our beneficiaries.
- EcoZoom jikos and EcoZoom Solar Lights reduce environmental pollution and health hazards associated with traditional lighting and cooking methods.
5. DECENT WORK & ECONOMIC GROWTH
Moto Hope Micro-Lending:
- Supports productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourages the formalization and growth of micro-, small- and medium-sized enterprises through access to affordable loans with friendly terms.
- Our products and services support inclusivity of all women and men, young people and persons with disabilities, through uniform terms and conditions.
- By funding young peoples’ enterprises and education (education loans), we in turn reduce the number of youth not in employment, education or training.youth not in employment, education or training.
6. REDUCED INEQUALITIES
- Moto Hope Micro-lending avails equal opportunity to financial and non-financial products and services and promotes economic inclusion of all regardless of sex, race or ethnicity.
- We serve the under-served and unbanked Rural and Peri-urban dwellers that have difficulties accessing loans from banks and other money lending institutions.