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Self-Sufficiency through Micro Loans Program in Liberia

12/27/2018

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​Well-versed in wealth management as well as risk management, Darcy Bergen serves as the founder and president of Bergen Financial Group in Arizona. Outside of his professional pursuits, Darcy Bergen is actively involved in nonprofit organizations including Bergen’s Mission. 

A charitable organization, Bergen’s Mission maintains a close partnership with Hope for the Nations, or HOPE. This nonprofit helps at-risk children and orphans gain access to emergency aid and safe living environments. HOPE also collaborates with local organizations in various parts of the world to reach communities experiencing poverty, and facilitates initiatives such as the Micro Loans program in Liberia to help residents boost their source of livelihood.

Specifically, HOPE helps local nonprofit Provision of Hope raise funds to provide small business loans to single mothers. The starting loan through the Single Mothers Empowerment Program ranges from $200 to $500 and is also interest-free, giving borrowers the time and opportunity to set up a small business so they can support themselves and their families. Some of the individuals who obtained a micro loan have started pharmacies in remote areas, a shoe store, a roadside restaurant, and a clothing store.

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