Cause For Hope | Vocational Loans



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	Vocational Loans

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The CFH foundation employs local managers that coordinate young adult vocational training and educational needs with vocational and educational organizations. The local managers act as employment specialists, career counselors, and in some situations, small business advisors. Local managers facilitate applications to vocational organizations and schools, administer financial aid, and assist graduates with finding employment or starting their own businesses. Student loans are only provided to young adults who meet the CFH foundation's criteria.

Eighteen months after returning from his mission, Ricardo Jose Lopez still had not been able to obtain work. With a loan of US$121, Ricardo completed a drivers training course to obtain a drivers license. Within 15 days he was employed at a paint store delivering paints and materials to clients. He says, "Thanks to Cause for Hope, I can now plan for my future to get married and start a family. Right now I am helping my own familty with their expenses. The best way to show my gratitude is to pay off my loan as rapidly as possible so that other young people can be helped." In Spanish>>

Cause for Hope has supported many students at Incatec, a highly respected vocational school located in Choluteca , Honduras. This school has excellent programs in welding, refrigeration, appliance repair, computers, masonry, metalwork, electricity, and baking. All of these are skills for which jobs are available locally.

Max Bravo finished the course of study for his Master's degree in International Business. But he did not have enough money to get his diploma. He came to CFH to get a loan of US$100 that, along with his own savings, enabled him to obtain his degree. He was able to go from part time work to full time with a substantial increase in his income. He says, "You cannot imagine how it has changed my life... Now that I have my degree, I have obtained work as a CPA for the 'Casa Pellas,' one of the largest companies in Nicaragua." In Spanish >>

After much careful investigation, Cause for Hope has developed relationships with vocational schools like this computer training school in Chinandega , Nicaragua . Through this training, students become proficient in the use of software like Microsoft Word and Excel as well as the use of the internet. This greatly enhances their job prospects upon graduation.

A student learns to use metalworking machinery in one of the shop/classrooms at the Inatec vocational school in Chinandega , Nicaragua .