Microfinance key to eradicate poverty: Operation HOPE CEO

Microfinance Focus, Nov. 19, 2009: Operation HOPE Chairman and CEO, John Hope Bryant said the mission to eradicate poverty can be achieved with microfinance playing a key role.
Joining over 100 top government, civil society and private sector leaders focused on Brazil’s national microfinance agenda,, he gave the keynote address at the Forum Banco Central on Financial Inclusion, November 17 in the city of Salvador.

“Operation HOPE’s mission is the eradication of poverty through ‘silver rights’, and microfinance stands as one of the most promising tools in the fight to bring ‘silver rights’—access to resources and financial parity, to the underserved,” said Bryant, best-selling book author and vice chair of the U.S. President’s Advisory Council on Financial Literacy.

Bryant, who was invited to the Forum to provide insight on Operation HOPE and inspiration on the possibilities of entrepreneurship as a long-term model for creating community stakeholders, gave the day’s keynote address and spent time afterwards engaged in a Question and Answer session.
Other financial industry chiefs who spoke during the three-day conference were Henrique de Campos Meirelles, Minister of the State and the Central Bank of Brazil’s Governor; Alexandre Antonio Tombini, Deputy Governor for Financial System Regulation and Organization, BCB; Paulo Okamoto, President of SEBRAE; and Luiz Edson Feltrim, Head of the Financial System Organization Department.

The microfinance conference centered on forging joint partnerships and breakout sessions were lead by experts on technical microfinance aspects. Participants also had the opportunity to network with the purpose of creating new partnerships and projects.
Operation HOPE is America’s leading nonprofit social investment banking and financial literacy empowerment organization. With more than 400 private sector partners, 1,500 nonprofit organizations and schools, and 100 government partners in 68 major U.S. cities as well as South Africa, HOPE has raised more than $500 million in its pursuit of educating, assisting and inspiring the next generation of global stakeholders. Through international initiatives and its three principal programs, Banking on Our Future (teaching school children about money),

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