Supply Hope
Supply Hope is a non-profit organization focused on creating opportunities for families living in poverty to earn a reliable income through micro-franchises. Supply Hope trains and equips families living in poverty in Nicaragua to operate micro-franchises that will provide them with a livelihood. Plans include expansion throughout Latin America. When addressing poverty, we recognize the need for sustainable solutions that build capacity and empower people to improve their lives and futures. Our desire is to see children’s needs met by their own families, ending dependency and providing hope and dignity.
Reliable income means a family can provide for themselves and change their future.
Micro-franchising applies the basic principles of franchising to provide opportunities for people living in poverty to operate a proven, sustainable business, resulting in a steady income. A micro-franchise is a chain of individually operated small stores that offer customers the same product or service experience at every location. Operating a micro-franchise requires hard work, but it doesn’t require a large financial investment or years of experience.
Our long-term goal is to operate multiple sustainable micro-franchises that provide quality products and services to low-income communities. We are starting our programs in Nicaragua, the poorest Spanish-speaking country in the world and the second-poorest country in the Western Hemisphere. In Nicaragua, 76 percent of the population lives on less than $2 per day and many of the poorest are women and children. Our goal is to test both urban and rural solutions– providing learning we can take to other parts of Latin America and beyond. Our innovative approach is being studied by students at the Kellogg School of Management and made us a social venture finalist at Stanford’s 2013 BASES challenge.
Learn about how or first micro-franchise Mercado Fresco is distributing fresh and affordable food.
