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January 01 2010

Operation HOPE Makes a 5-year Commitment to Assist in Haiti Long-Term Rebuilding

Announcement Made to Support Haiti from World Economic Forum

DAVOS, Switzerland--January 28, 2010--John Hope Bryant, Founder, Chairman and CEO of Operation HOPE (HOPE), as well as a Young Global Leader, announced today at the World Economic Forum (WEF) in Davos, Switzerland his organization's response to the crisis in Haiti. Operation HOPE's Global Initiatives have made this commitment in conjunction with the Clinton Global Initiative's (CGI) call for action in Haiti.

Recognizing that the survivors in Haiti are going to need support from the world community in years to come, Bryant has committed his financial literacy nonprofit to extend a hand to the people of Haiti by opening an Operation HOPE Haiti office, which will be the first of its kind in the region. A location will be open as soon as a building is available and local staff can be hired and trained. Services that will be provided in the Haitian capital include:

For youth:

Financial Literacy

A Course in Dignity.

Banking on Our Future teaching "the language of money" and the value of savings to youth ages 9-18.

These classes will be conducted by HOPE employees and HOPE Corps volunteers wherever youth can be assembled.

Financial capability.

A bank account for children.

Financial empowerment.

Entrepreneurship, self-help, small business and a focus on cultivating "self-employment projects."

For adults:

Jobs Search and on the Job Training opportunities for local residents

Self Employment, Small Business Development and personal wealth building through asset ownership (such as homeownership, etc).

Converting the unbanked to the utilization of Haitian banks and financial service providers

Facilitating Micro-Finance and Small Business Loan access to individuals and businesses

"It is my commitment through Operation HOPE to open a financial literacy and community outreach office in the Haitian capital," said Bryant from the World Economic Forum in Davos. "It is our commitment to support the people of Haiti in teaching them the language of money and offering them practical support not only now but in the coming years."

As a part of the Operation HOPE plan, the nonprofit is extending its services to reach Haitians families located and dispersed throughout the United States. Through their offices in Los Angeles, Washington DC, and New York, HOPE expects to provide support by teaching "the language of money" and helping Haitians and Haitian-Americans become self-sufficient.

Operation HOPE's commitment to Haiti was inspired by President Bill Clinton (who Bryant met with during his current participation at the World Economic Forum in Davos), World Economic Forum Chairman Klaus Schwab, and the Young Global Leader community at large.

After Hurricane Katrina, Operation HOPE opened several recovery and relief offices throughout the Gulf States and still currently operates an office in New Orleans. Through their efforts, Operation HOPE helped over 130,000 individuals and small businesses in the Gulf States recover from the disaster. HOPE's recent commitment to Haiti is another example of their "silver rights" mission to empower the underserved.