Going Farther with HOPE

HOPE member Mr. Antoine Anderson reached out to HOPE in New Orleans shortly after his part-time job was eliminated due to the economic effects of COVID-19. As a person with a disability and working part-time, the loss of income could not have occurred at a worse time. Both his refrigerator and stove broke down and needed to be replaced. Initially, he approached a high-cost lender and was approved for a predatory loan; however, HOPE offered a much more attractive alternative. Members affected by the pandemic could borrow $1,000 with a 2% interest rate to navigate the associated challenges. After receiving the funds for the new refrigerator and stove, Mr. Anderson shared “HOPE got me back up and running.”