Tag Archives: microlending

Empower Women. End Poverty.

(Article written by guest contributor Amy Wynn)

Entrepreneur Magazine recently published an article highlighting the ONE campaign, urging legislators to empower women by promoting gender equality through their work.

“Girls and women living in extreme poverty – those often hit hardest by the injustice of gender inequality – have been left out of the conversation,” the letter says, asking for data, funding and policy changes to support its cause.

Signed by heavy hitting advocates and activists like Sheryl Sandberg, Amy Poehler, Condoleezza Rice, and Melinda Gates, the open letter concluded in a bold statement that read, “Poverty is sexist.”

Women at Risk

Worldwide, women are far and away the most at risk for facing extreme poverty, preventable disease, and other limiting circumstances. As these limiting circumstances increase, it becomes more challenging for women to get access to many basic resources that could help reduce or eliminate the problems.

Soap Hope was founded with a mission focused on lifting women to a place where they have power to improve their own lives, their families’ lives, and the lives of members of their communities.

Why Soap Hope Supports Women

As we’ve discussed on past blogs, women are the backbone of society, key players in the success of communities large and small.

  • Women consistently invest more of their money back into their families and communities than men.
  • The participation of women in an economy is a proven factor in the stability of a country, and has been linked to lower levels of corruption within government.
  • When a woman is struggling simply to eat, to feed, and to access care for her family, there is little room for her to step into a position of active participation within her community.  Women facing extreme poverty are inherently excluded from participating in leadership and decision making, the very fields from which we all benefit the most from their equality and inclusion.

In short, empowering women is good for everyone.

How Soap Hope Empowers Women

To us, empowering women means giving them a voice and an outstretched hand, not only as a way towards an education or starting a business, but also to empower the women as leaders and decision makers in their communities and around the world.

Through our mission at Soap Hope, women are being brought to the table to participate in and lead these larger conversations. By providing women with resources to lift themselves up, we are able to help loosen the grip of poverty on their lives and free them to contribute to their own communities and society at large.

Every dollar of profit generated from Soap Hope purchases – 100% of it – goes out into the world for one year through programs that provide capital and business training to women so they can start, build and grow their own businesses.

From microloans through Milaap in India, to Esperanza in the Dominican Republic, we join forces with our mission partners to plant the seeds of change for women worldwide.

Don’t Let Poverty Persist

Poverty is a global problem. And as the article from Entrepreneur Magazine reminds us, the key to ending poverty is empowering women.

Women around the world, including in your own communities, are struggling to survive, to provide for their children and families, and find themselves severely limited by their circumstances.

We – you, us, and our mission partners – are doing good by maximizing our collective ability to raise women from poverty. Through your purchase of natural, healthy products at Soap Hope, we are able to partner with organizations around the world to make real, tangible changes in the lives of women.

Conquering poverty takes all of us, working together.

Stories of Hope: Microlending through Milaap

We’re grateful at Soap Hope — for our customers, of course, but for our mission partners, as well.

These partners are addressing some of our planet’s biggest issues like poverty and access to education, and they share in our vision of creating impact through bigger innovations.

We’ve previously highlighted what our nonprofit partner, Milaap, has accomplished through their distinctive approach to microlending.

Milaap was founded by three entrepreneurs in 2010 — friends with a vision “to change people’s concept of giving and make it a personal, transparent, and sustainable process.”

Their program and platform are unique — when you give you Milaap, you’re able to choose from a list of eligible borrowers, categorized by their needs and loan requirements. Borrowers receive 100% of the funds, and when the loan is paid back, those repayments accumulate in your Milaap account as credits. You can withdraw your money or re-lend the funds to other Milaap borrowers.

It’s an easy and engaging way to lend money to the causes you care about most: ending poverty, supporting education, or (if you’re like us here at Soap Hope) helping women who want brighter futures.

Supporting Small Business

Vanraj Mahila Mandal is a small collective of industrious women from Dahod in Gujarat, India (pictured above). These women are all running their own small businesses in order to support their families.

Parvati (pictured in the middle) leads the group. She’s a 35 year old woman and runs a petty shop in Dahod, selling items like sugar, rice, and tea to the community. Other women in the collective own similar businesses, selling groceries and other household products, or offering services like sewing.

The loan from Milaap has given Parvati the means to  add inventory in her shop and expand her business. Funding from Milaap ensures a better standard of living for these women and their families, and ultimately the communities they live in.

Supporting Real Impact

By partnering with organizations like Milaap, Soap Hope creates more impact with our profits.

We believe that businesses everywhere can create this kind of change in the world, and the support of our Soap Hope customers ensures that we facilitate bigger change.

Want to learn more about our Soap Hope mission? Visit our Mission page here. 

 

 

//Photo credit: Milaap

PeopleFund: The “Economic Gardeners” of Texas

As part of our mission at Soap Hope, we invest 100% of our profits into programs that support and empower women around the world. One of those programs is PeopleFund, which was founded here in Texas in 1994.

The state of Texas has long been lauded as one of the best states to start a small business. With low taxes, low cost of living, and a high job growth rate, it’s an ideal environment for entrepreneurs to thrive.

But the resources that might be available to Texans aren’t always accessible to everyone who want to start a business.

Enter PeopleFund, a microlending program and business assistance nonprofit that provides small business loans to those with limited access to resources.

The PeopleFund Mission

Since being  founded in 1994 in Austin, Texas, the financial and educational assistance PeopleFund provides “has helped create thousands of jobs and empowered an even greater number of Texans on a path to financial stability and independence.”

PeopleFund not only issues small business loans to the underserved, but also offers business education and a host of workshops and programs to support the entrepreneurs that are participating.

According to their mission, the goal of PeopleFund ” is to give people the opportunity to turn their talents into a sustainable livelihood and achieve financial stability for themselves and their families.”

Andrea’s Story

Andrea Thomas is a savvy and resourceful business owner, here in Dallas, Texas. Her background as an architect — full of long hours and high demand — was preparation for an even more intense vocation: being a mother.

Andrea PeopleFundAndrea is a devoted parent, and when her daughter developed eczema, she knew she had to do something about it — and that’s how ScratchMeNots was born.

ScratchMeNots are designed to be worn as a cardigan, and were originally created to prevent children from scratching themselves. The clothing is also made from certified organic cotton and bamboo, for kiddos with sensitive skin.

When Andrea realized she needed capital to help grow her business, she turned to PeopleFund.

The financing that Andrea received allowed her to not only invest in more inventory, but she was able to respond her immediate customer demand, so that ScratchMeNots could meet its projected goals.

“PeopleFund has helped us gift parents with peace and their children with relief,” says Andrea.

And we’re thrilled here at Soap Hope to work with PeopleFund so that we can tackle widespread issues and continue empowering women — at home and abroad.
To learn more about PeopleFund, visit their website.

Check out Soap Hope’s mission and how we’re changing the world, one bar of soap at a time.

 

Good Intentions

If you’ve ever ordered from Soap Hope, you’ve seen a little scrap of folded paper fall out of one of your products when you unwrapped it. It says, “Can Shopping at Soap Hope Change the World?” In the packing room we call it the “Easter Egg” because it’s hidden in your order.

Like most things at Soap Hope, the Easter Egg is very intentional. We hide it in your package. It’s a symbol of extra impact that your order made, on a woman’s life far away from you. It’s a surprise to make sure you know about the mission of Soap Hope, even if you skipped the paperwork we include.

Inside the Easter Egg, we explain that we were inspired by Dr. Muhammad Yunus. Dr. Yunus is known as the father of microfinance. His efforts have touched the lives of millions of women around the world. I’m driven every day by his achievements.

In 2010 I heard Dr. Yunus speak at Austin College in Texas. He told the story of a woman who lived in extreme poverty in a village in Bangladesh. She received a small loan to help start a personal business that could provide income for her. She took and repayed a number of loans over the years and slowly increased her standard of living. She was able to send her daughter to grade school – now the daughter could read, even though the mother could not. Through continued access to training and credit, she was able to afford to send her daughter to high school. Her daughter was able to fund her way through college, and then medical school.

Think about the change in the standard of living from mother to daughter – from a life of illiteracy and poverty to that of an independent woman with a career as a medical doctor, in one generation.

This opportunity is why we started Soap Hope. Can we realistically expect people here, with busy lives, families, and interests, to figure out how to send girls in Bangladesh to school? Maybe not – but Soap Hope can:

We partner with local institutions like the one established by Dr. Yunus. Since Soap Hope sells things that everyone needs for everyday life, and uses all the profits to fund loans for women so they can afford to do things like send their girls to school – that means now everyone can participate. Wash your hair with shampoo from Soap Hope – help teach a girl to read. Wash your dishes with dish soap from Soap Hope – help teach a girl algebra. Drink a cup of tea from Soap Hope – help empower a generation of women.

We’re intentional about the products we curate for you, the environmental impact of the box your order is packed in, the placement of the Easter Egg, the use of the profits your order generates. We do this so that you can simply shop for your everyday needs with us, and the rest is taken care of. But we do need your intention too: Remember Soap Hope. Remember to shop with us for your family. Remember to tell others about Soap Hope. Remember to share your thoughts and ideas with us about how to grow this movement.  It’s our actions together that matter.

Yours,

Salah

You know by now that every bar of soap purchased from us funds one day of a woman’s business – “a bar of soap is a day of hope.” If you’re a follower, you also know by now that I want to sell one millions bars of soap, to create one million days of hope. Let’s tell a million people about it, and get this done. #milliondaysofhope

Beginnings

Salah's Itinerary
I ran across the itinerary for my 1993 six week concert tour through Africa and the Middle East.

 

Prelude

Some of you know that I started my working life as a classical pianist, not as an entrepreneur. In 1993 I was very lucky to go on a six week international tour through Africa and the Middle East, traveling through almost a dozen countries and playing concerts in national theaters, universities, and ambassadors’ halls.

The core idea behind Soap Hope really started all those years ago. After one concert, I had the fortune to spend time with the Director of the World Bank in Kenya. He explained to me about his efforts to address poverty in Kenya. He told me that of every ten dollars sent to alleviate poverty in Kenya, nine went to corruption.

That challenge stuck with me for years: only 10% of the aid that was intended for the extreme poor was making it to those who needed it.

Main Event

It was three companies and 15 years later that Soap Hope was born. When we designed our model for addressing world problems, we wanted to learn from the lessons of that evening in Nairobi. We didn’t want 90% of our effort lost. The Good Returns model was born.

We don’t give money away – we invest in women. When you buy your household products every month from Soap Hope, we send all the profits to women – every dollar – so they can start or expand their own small enterprises around the world, whether in Kenya, or in the Dominican Republic, or right here in Dallas.

How do I know the money isn’t being lost? Because every dollar is repaid after one year, interest-free. We don’t take anything out of our company until those profits are returned. Only then do we get the rewards of our entrepreneurship.

Our intention is to provide opportunity with accountability: yes, all of our business profits are loaned interest free, but all of those profits are required to be returned after they have done good in the world for one year. This approach puts us and those we help on the same page, responsible to each other.

Our vision is to take Soap Hope from the small business it is today to a nationally recognized enterprise, serving millions of customers and millions of women around the world. Then we want to teach many other companies to do the same. I’m so grateful and delighted that you have been an early adopter, creating this vision with us by shopping at Soap Hope and sharing the Soap Hope story.

Encore

I still love music and playing the piano, and when the day comes that Soap Hope is big enough to operate without me every day, I will start working on concert material again. The next time around, I want to play fundraiser concerts to raise awareness and money for sustainable social enterprises. I hope you’ll join me then too.

Yours,

Salah

Salah Boukadoum
Co-Founder, Soap Hope
salah@soaphope.com

 

#LikeAWoman

You’ve probably seen the “#LikeAGirl” video that debuted not long ago. If you haven’t, take a minute to watch it – it’s inspiring and eye-opening.

At Soap Hope we often think about how perceptions of women either empower or limit people. Why do we invest in women? Here are some amazing facts about the behavior of women that inspire us:

  • Women consistently reinvest a much larger percentage of earnings into their own families and communities than men do. This behavior creates opportunity and advancement for more people.
  • The more economic and political participation of women there is in a country, the more stable that country is likely to be.
  • The more women there are in the legislature of a country, the lower the level of corruption is likely to be.
  • Women are far more likely than men to repay a business loan.

In short: it’s smart to invest in women.

Soap Hope was founded (by two men, incidentally) on the belief that solving humanity’s greatest problems will require balanced participation by women in all aspects of society, especially decision-making and leadership. We decided to focus on women at the “bottom of the pyramid” – those who are most disadvantaged.

We choose to make our difference by empowering those women through entrepreneurship – and we’re serious about it. Every single dollar of profit that we earn goes to fund loan capital and education for women.

These women start and grow their businesses, changing the dynamic of their local societies by bringing success, hope and opportunity to them. We believe that this, too, can and will become a pervasive worldwide phenomenon.

Who wouldn’t want to invest in a person who saves like a woman, invests like a woman, plans like a woman, strengthens the community like a woman, and transforms the world like a woman? I know I would – how about you?

– Salah Boukadoum, Co-Founder, Soap Hope

If you want to participate, it’s easy: shop at Soap Hope, share the story with others in e-mail and social media, and please write us – we want to hear from you.

Women, Take the Stage

Soap Hope co-founder Salah Boukadoum introduces award-winning global philanthropist, Mina Chang.
Soap Hope co-founder Salah Boukadoum introduces global philanthropist Mina Chang, winner of the Women That Soar Philanthropy and Humanitarian Award in 2012. Ms. Chang is CEO and President of Linking The World International, an international humanitarian children’s organization working in developing countries to break the cycle of poverty.

The Conference

I recently attended a conference about the future of cities.

Like many conferences, this one started with a packed room of attendees ready to hear some great opening speakers.

Right at 9:00, the conference chairman came on stage to welcome us. Then came the city mayor. Then the conference organizer gave us an orientation, and an expert gave a great talk about the cities of the future. And then a powerhouse panel of five world leaders took the stage.

And that’s when I first noticed it. All the people on the panel were men.

I started thinking back through the morning. Before the panel was the conference organizer, a man. The expert before him, a man. The mayor before him, and the CEO before him, all men.

The panel took questions for an hour from a moderator – a man. Next on the agenda, a scientist – a man.

It was 11:30. The whole morning had passed. Not a single woman’s voice from the stage.

Women’s Voices, Women’s Choices

Half the people in the world are women, but women do not make up half the conversation or half the decision making about its future.

I have long believed that most of the ills of our world come from the imbalance of the missing voices of women in leadership, governance, planning, and decision making.

That’s one of the reasons that Soap Hope focuses on empowering women, particularly those who are the most disenfranchised.  If women don’t have the means to earn an income, don’t have access to credit, and don’t have a seat at the table, then half the world is excluded from the conversation and the decision making. How can we expect the future of the world to serve all humanity if half of it is left out?

I agree with Noeleen Heyzer, Executive Director of the United Nations Development Fund for Women, who said, “Microcredit is about much more than access to money. It is about women gaining control over the means to make a living. It is about women lifting themselves out of poverty and vulnerability. It is about women achieving economic and political empowerment within their homes, their villages, their countries.”

Soap Hope, Women, and the Future

The conference organizers didn’t consciously exclude women that morning. But that didn’t comfort me at all – they didn’t even notice the absence of women. There is a blind spot in their understanding of the world.

Blind spots like this don’t just disappear on their own. We have to actively work not only to raise awareness and educate, but also to take action and use our resources to change existing structures that currently exclude women.

That’s why Soap Hope means so much to me. I love the idea that we can change the world with our simple system. We provide customers with everyday things – soap bars, shampoo, candles, laundry soap – and all the profits from every purchase create income for women, bring more women’s voices to the conversation, bring more women’s leadership to the society.

Soap Hope is my way of joining my voice to the many people who are asking, “Women, please join your colleagues on the stage.” I for one am very much looking forward to what you have to say.

Salah Boukadoum
Co-Founder, Soap Hope

If you like this post, won’t you please share it? And if you have thoughts about this post, please comment here:  http://wp.me/pv0Gr-8i.

Try

Here’s a dilemma for you.

Every week at Soap Hope, we get together to talk about what to write on this blog and what special offers to send to the many customers who get our weekly email.

The team wanted to do a makeup promo, since we’re big fans of the Pacifica line – the products and packaging are just gorgeous, and our customers love the quality.

Normally that would mean I would pull out the research I did on natural makeup when we decided to carry it and write up some important points about natural makeup, what to look for and how to use it.

But this week I also saw a very touching music video called “Try” by Colbie Caillat. I really wanted to share this song with you, because it made a big impact on me.

But I was conflicted about sending out a promo about makeup, and also sending you this song. You’ll see why when you watch it. (I’ve put it at the end of the blog for you.)

I talked with my friend Kathy and told her about my concerns. “Is it insensitive to promote makeup in the same week as you share a song like this?”

Kathy asked me, “Well Salah, why do you sell makeup?”

It’s not a short answer, but it’s a simple one. I sell makeup because I wanted to create a company that solves big human problems by selling everyday things to my community. I wanted the company to use all of its profits to empower women to escape poverty. And I only wanted to sell things that were healthy and high quality, with the highest integrity I can bring.

I started with something simple: soap bars. And customers – you – showed up to participate. And then you asked for more – for shampoo, for lotion, for new brands, and yes, for makeup.

In return, I asked Kathy why she wears makeup. “The same reason you cut your hair a certain way. It’s fun. It makes me feel good. I like the way it looks. And some days I don’t wear it.”

In the end, Kathy and I decided you would understand everything. That there’s nothing wrong with selling makeup for the right reasons. That it’s OK to share this video with you about how we don’t need to be wearing makeup – or doing anything else – for the wrong reasons. And that I shouldn’t have to worry too much about sharing things with you that moved me, and that I think might move you too.

I hope you’ll share your thoughts in the comments below.


(Can’t see the video? Click here for the original post and scroll to the bottom.)

The Story of Bienvenida

When Soap Hope first connected with Esperanza International, I took a trip to the Dominican Republic to visit the women they serve there.

One of the most memorable people I met was Bienvenida Nina. Bienvenida is an amazing woman and a successful entrepreneur. She started with nothing but vision and commitment. With the support of a few small loans and training, and through her own hard work and dedication over many years, Bienvenida now has a convenience store, a restaurant, and a home anyone would be proud of. Today she is launching her third business, an ice cream parlor.

I was moved to the core when Bienvenida walked with us past “homes” in the village near her businesses – she pointed out a small concrete room built on dirt, with a doorway but no door, and only half the roof covered by a sheet of corrugated tin. She said “I used to live here.” As we continued down the pathway and listened to her story, we came around a bend and saw a wonderful two-story house, colorfully painted, with a garden in front and an ornamental gate.  She pulled out a key, and we realized this was Bienvenida’s home.

“This is where I live now,” Bienvenida told us. She chose to build her new home in her community, demonstrating an example of hope to her neighbors.

I knew then that Soap Hope needed to empower as many women like Bienvenida as possible. That’s why when you place an order with us, we send every dollar of profit to women in places like the Dominican Republic for one year, interest free. The women start businesses and then return the funds to us a year later.  Each five dollars that you spend with us funds one day of a woman’s loan. That’s we say, “A bar of soap is a day of hope.”

Bienvenida took us to her restaurant, which is now famous for it’s fried chicken. Our friends at Esperanza told us we could share her “secret recipe” with you today. (For my vegetarian friends, it works just as well with tofu!)


Bienvenida Nina’s secret … shhh

The inspiring Bienvenida Nina
Bienvenida Nina inspires us at Soap Hope.

Soak chicken in vinegar
(Tenderizes)

All spices are to taste:
Jalapeno pepper
Celery salt
Crushed whole oregano
Garlic powder
Salt if desired

Coat in flour and fry
Enjoy!

Donated by Bienvenida Nina


Esperanza Means Hope

(If you can’t see this video in this post, you can see the original here.)

Have you ever wanted to know more about what happens to the profits that are created when you shop at Soap Hope?

  • When you buy a Zum Bar at your grocery store, the profits go to the grocery store shareholders.
  • When you buy a Seaweed Bath Co. shampoo at Amazon, the profits go to Amazon shareholders.
  • When you buy a Hugo Naturals bath bomb from the Hugo website, the profits go to Hugo’s shareholders.

But when you choose to buy those same products from the Soap Hope website instead of at another store, something amazing happens:

We send all the profits to groups around the world who lend the money to women, so they can start and grow their own businesses and escape poverty. They use the money for a year and then return it, interest-free.

We call it “volunteering our profits.” Only after the profits have spent the year in service, do our founders then receive their earnings.

One of Soap Hope’s partners around the world is Esperanza International, working in the Dominican Republic. “Esperanza” is the Spanish word for “Hope.” We think that’s a fitting name, and they are certainly a fitting partner. At the top of this post we’ve shared a three-minute movie about some of the women whose lives have been changed by Esperanza.

Just think, the bar of soap or candle or face wash you buy today might be an everyday product for you – but Soap Hope will make sure it changes a woman’s life. All you have to do to make a difference is to choose Soap Hope as the place you shop for your natural products.

Thank you for being a part of our business and our mission!