Donation Options

Economic Independence for Women in Central America

 
$51,305
$0
Raised
Remaining

Summary

Help fund loans for poor women in rural areas of El Salvador, Guatemala, Honduras, Nicaragua and Mexico enabling them to launch small businesses, create financial security and strengthen communities.

What is the issue, problem, or challenge?

This project provides loans to women, most of whom come from very poor, indigenous populations. With these investments, they are able to launch small businesses in areas such as baking, sewing, artisan crafts, agriculture, and raising livestock. Women also learn management skills so their businesses prosper. Loans received through Women's Community Banks allow women to build savings and support their families, including the opportunity to share in land ownership.

How will this project solve this problem?

This project provides loans of approximately $120 each and training to help women, most of whom are poor and indigenous, start and successfully manage businesses. To date, loan programs have repayment rates of 92% with zero in arrears.

Potential Long Term Impact

This project addresses the needs of women and their families by creating a positive cycle of change. Women gain business expertise and the ability to generate income, leading to financial security and an improved quality of life.

Funding Information

Total Funding Received to Date: $51,305

Funding Information

This project is now in implementation and no longer available for funding. Received funds will be used to accomplish concrete objectives as indicated in the project's "Activities" section. Updates will be posted under the "Project Report" tab as they become available.

Donors' contributions and pledges to this project totaled $51,305 .  The original project funding goal was $50,000.

Additional Documentation

This project has provided additional documentation in a PDF file (projdoc.pdf).

Resources

Funded

Combined with other sources of funding, this project raised enough money to fund the outlined activities and is no longer accepting donations.

Still want to help?
Support another project run by Agros International that needs your help, such as:

Organization

Agros International

Seattle, Washington, United States
http://www.agros.org

Project Leader

Cathy Reilly

Direct Marketing Manager
Seattle, WA United States

Where is this project located?

Map of Economic Independence for Women in Central America
Close
Great; we do too!
Enter your email address to receive updates from this project and from GlobalGiving
We respect your privacy.