Iringa Hope
Delivering agricultural financing, marketing, and training to farmers in southern Tanzania.
Iringa Hope uses a unique model to deliver agricultural financing, marketing, and training to smallholder farmers in Tanzania. The organization develops self-governed and self-sustaining member owned and operated cooperative societies that help to alleviate poverty and empower agricultural entrepreneurs.
Rural Iringa’s average annual family income is $300, but an Iringa Hope member is able to triple that income by tripling their agricultural yields. There are currently 3200 cooperative members improving their livelihoods, impacting their communities, and developing the regional economy.
Prince of Peace Roseville auction March 7 – March 14 2021
Prince of Peace Lutheran in Roseville MN is holding an online auction to support Iringa Hope and their companion congregations Bomalang’ombe and Vikongwa.
MFI staff in Iringa expanded
The MFI staff in Iringa expanded during January and early February with two additions. In early January the Administrator at the MFI offices in Iringa, Miriam Ngakonda had a baby boy named Luis!
Then early February the MFI manager, Itiweni Luhwago, gave birth to a baby girl named Meagan!
Iringa Hope 2020 Annual Report
The Iringa Hope 2020 Annual Report is now available!
2020 Impact
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Income
180% Increase in Family Incomes
Loans
2000+ Individual Loans
Average Amount $406
Repayment rate 95%
Jobs
1500+ additional jobs created by members
Crop Storage & Marketing Pilot Program
47% Increase in price for Maize