Economic Independence for Women in Central America

by Agros International
Vetted

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.
$51,442
total raised
480
donors
0
monthly donors
6
years active

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.

Solution

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.

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.

Additional Documentation

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

Resources

http:/​/​www.agros.org

Organization Information

Agros International

Location: Seattle, Washington - USA
Website: http:/​/​www.agros.org
Project Leader:
Cathy Reilly
Direct Marketing Manager
Seattle, WA United States

Funded Project!

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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