Honduras is the second poorest country in Central America, has extremely unequal income distribution, and high underemployment. Over half of the country lives on less than two dollars a day, and the majority are women. Because poverty is a cycle perpetuated by lack of opportunity and education, Mi Esperanza attempts to break this cycle by providing the necessary education, and changing the course of the life of a woman and her family for the long term.
What is the issue, problem, or challenge?
Honduran women receive few opportunities to change their lives and the future of their children. Mi Esperanza knows that providing education and opportunity can directly influence the lives of women. Moreover, the use of microcredit loans has proven to be the best way to directly affect the income level of an individual. By combining a useful education with a microcredit loan, women will have the tools to break the cycle of poverty and create better lives their families and future generations.
How will this project solve this problem?
Mi Esperanza has provided women with financial, educational, and motivational support for over ten years and continues to see the need to help more women; therefore, it is necessary to expand its reach to include poor women living outside of the capital city. The new Mi Esperanza Training Center will provide the community of Santa Ana with artisan classrooms, day care, a retreat center, a store, prayer gardens, a chapel, and a residence for the director, which has already been constructed.
Potential Long Term Impact
Mi Esperanza will provide educational opportunities to women in traditional Honduran art craft: mosaics, weaving, pottery, jewelry, woodcarving, etc. The women will sell their art to earn an income for their families, which will increase the Mi Esperanza retail line of fundraising products handmade by Mi Esperanza women. The Center will be available for groups and individuals interested in learning more about the work Mi Esperanza does, and will have volunteer opportunities with our program.
Total Funding Received to Date: $11,565
Remaining Goal to be Funded: $18,435
Total Funding Goal: $30,000