Wednesday, February 2, 2011

Homes for Hope and Rosewood Communities partner to benefit mission

Homes for Hope and Rosewood Communities have partnered to construct a new home in The Woodstone Cottages off Roper Mountain Road Extension. The proceeds of the sale of the new home, expected to be about $50,000, will benefit a mission program operated by Homes For Hope.

A kick off event is set for Thursday, February 3, 11:30 a.m., at 205 Wind Thistle, in the Woodstone Cottages subdivision.

Homes For Hope, based in Irvine California, operates a mission program that provides small business loans (microloans) for aspiring entrepreneurs in 14 of the poorest countries in the developing world, such as Haiti, Afghanistan, Romania, and the Democratic Republic of Congo.

To date, Homes for Hope has generated more than $10 million in partnerships with builders and their trades across the United States, resulting in assistance to more than 100,000 struggling entrepreneurs, empowering them to work their families out of poverty for good.

Because 98 percent of all these loans are paid back with interest, the money is then recycled into new loans to give a “hand up” to people who simply want the opportunity to build lives of hope and promise for their families and communities.

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