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Social Ventures

Market-based solutions to fight global poverty

We’re believers in innovation—and that community-inspired business approaches can offer sustainable economic opportunity to the poor.

Give Hope

Social Ventures

We know that enterprises offering beneficial products and services can create sustainable social impact for the poor.

Even in the poorest places around the world, hardworking people struggle to improve the conditions of their family. While they are producing a good or produce to sell, people may lack the  knowledge or opportunity necessary to form a market or delivery system to benefit or grow their profit. 

That’s why we work to lay the  groundwork for healthy, private sector collaborations at the grassroots and global trading levels. We support the start-up of businesses that can help people out of poverty while providing a service that everyone needs—like growing food, producing power, and improving accessing to clean water.

Problem

In Sierra Leone, 78% of the population does not have access to electricity due to poor infrastructure and unaffordability.

CIA World Factbook

Problem

Agriculture accounts for more than 50% of Sierra Leone’s Gross Domestic Product, and 2/3 of the population are engaged in subsistence farming.

Sierra Leone GDP Annual Growth Rate 1961-2018 | Data | Chart | Calendar. (n.d.). Trading Economics.

Problem

In Cambodia, 80% of the population lives in rural areas, and grows rice. Rice farming only occurs from May to November, leaving farmers without a steady source of income for the remaining five months of the year.

Cambodian Agriculture in Transition: Opportunities and Risks[PDF]. (2015, March 19). Washington: The World Bank.

What we’re doing about it

Right now, our social venture work focuses on market-driven approaches to food, energy, and water security.

GRO Greenhouses

Developed in partnership with Pennsylvania State University’s Humanitarian Engineering and Social Entrepreneurship Program, GRO Greenhouses help farmers grow and sell vegetables year-round, boosting food security and helping to alleviate poverty. By developing a for-profit GRO Greenhouse business, farmers can increase the volume of produce sold.

Fruit Cooperative

Because the poorest farming families lack the capital to invest in the resources required for planting, WHI teaches farmers in Sierra Leone how to utilize drip irrigation and machinery, farm fruit commercially, and access viable markets to increase profits from their harvests. Farmers can eventually invest resources back into their farms and communities.

Mushroom Cultivation, Thera Metrey

Meaning “Compassionate Earth,” Thera Metrey is a local Cambodian cooperative enterprise for collective sorting, processing and delivery of mushrooms and other cash crops produced by farmer households. Through Thera Metrey, WHI connects farmers to markets at competitive prices, ensuring production leads to income. More on Mushroom Cultivation

FIRST STEP

FIRST STEP is an Economic Opportunity Zone that introduces opportunities for direct, foreign investment in Sierra Leone—enriching lives through economic investment and community empowerment. 50 acres of land and a processing facility helps companies to establish and maintain businesses in Sierra Leone.

Mobile Power

Mobile Power Ltd. provides clean and affordable energy to off-grid communities in Sierra Leone to help improve livelihoods, reduce carbon emissions, and improve health. Portable battery systems powered by solar energy are available at local shops, and can charge phones and power LED lights.

TapEffect

TapEffect offers a market-based solution for households in rural Cambodia to have access to clean, piped water. As a result, women—upon whom the majority of the clean water burden falls—can have clean water piped into their home for drinking, washing, gardening, and more.

Our Impact

In 2017, we celebrated our social ventures impact.

households

benefitted from construction of a piped water business in Cambodia.

farmers

 benefitted from 36 new GRO Greenouses in Sierra Leone and Mozambique, and 54 farmers linked to new markets.

households

in 5 communities in Cambodia produced 67.5 tons of mushrooms through mushroom cultivation businesses.

AN ORGANIZATION YOU CAN TRUST.

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World Hope International is committed to sound stewardship and using your gift to deliver the most effective, sustainable solutions for alleviating poverty, suffering, and injustice. In 2017, 92% of funds contributed were used for program expenses. In order to use our resources in the most efficient manner possible, we may deem it necessary to redirect your contribution to the greatest need or our general purposes.

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