Economic Self-Help: Rural Micro-Credit

by Adelante Foundation of Honduras

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.
$10,520
total raised
39
donors
0
monthly donors
12
years active

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.

Solution

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.

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.

Additional Documentation

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

Resources

http:/​/​www.AdelanteFoundation.org
Grameen Foundation USA
Global Partnerships

Organization Information

Adelante Foundation of Honduras

Location: Miami, FL - USA
Website: http:/​/​www.AdelanteFoundation.org
Adelante Foundation of Honduras

Funded Project!

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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