2017 was a year of growth in which we expanded our product inventory and deepend our partnerships.
With 92 micro-franchises, we impacted over 300 children!
These women were making less than $2 a day before they joined Supply Hope and now the average income of our store owners is $8.35 a day. Some make as much as $12.50 a day!
We have helped all of our store owners to open bank accounts. This year we welcomed new store owners like Isabel, who quickly became one of our top sellers.
With their income and diligent savings…
Claudia bought her family new beds and a new stove. They are now saving to build a bathroom and a toilet.
And Jessica found hope and dignity after being abused and abandoned by her husband. Through Supply hope, she is able to care for her 3 children.
The success of our stores this year was due in part to exciting new partnerships with distributors like...
E-chamorro. They produce products like diapers and cleaning supplies.
Cafe Soluble. They also make cleaning supplies, as well as personal items and soup!
Pollo Rico - a chicken provider! We are selling 400 chickens a month!
This grew our product offering from 108 to 121.
We continued to expand our benefits program and 40% of the women took advantage of our death insurance offering. With the grim realities of life for those at the bottom of the pyramid, our store owners want to ensure that their children will be provided for in the event of a tragedy.
We got our first investment loan this year which has helped us to scale our program in Managua
and we developed a metric system with Williams Davidson Institute which will help us to better measure our impact.
We see that impact in the next generation of women; the daughters who are watching their moms work so hard to break the cycle of poverty.
“There are lots of companies that think there are jobs that woman cannot do. It is difficult because there are not enough opportunities for women to lead but we can lead well!”
- Mercado Fresco store-owner
We look forward to continuing to partner with you in 2018.