Donation Options

Economic Self-Help: Rural Micro-Credit

 
$10,520
$480
Raised
Remaining

Summary

Expand Adelante's micro-credit lending, saving and education programs to 40 poor women in rural Honduras so they can improve the quality of their lives and that of their families.

What is the issue, problem, or challenge?

Honduras is the second poorest country in the Western Hemisphere, behind only Haiti. The UN categorizes 66% of rural Hondurans as “Extreme Poor” with women and children suffering the brunt of this poverty. Adelante works with the poorest women in rural villages because they have the most needs and fewest opportunities. Adelante provides the loans and educational programs these women require to start earning the money they need for their children to eat better and attend school.

How will this project solve this problem?

Adelante meets with clients twice a month to provide classes on business management, as well as health and nutrition issues. Clients assume leadership roles in the meetings and elected leaders are provided leadership training twice a year.

Potential Long Term Impact

Within months 40 previously destitute families will have enough money to eat better and buy medicine. In the long term, the women can work their way out of poverty and communities will discover that the cycle of poverty can be broken.

Funding Information

Total Funding Received to Date: $10,520

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 $10,520 .  The original project funding goal was $11,000.

Additional Documentation

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

Resources

Funded

Thanks to 39 donors like you, a total of $10,520 was raised for this project on GlobalGiving. Combined with other sources of funding, this project raised enough money to fund the outlined activities and is no longer accepting donations.

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