Sustaining a family in the current Argentine economic landscape is no small feat. Poverty is above 40.1%, and annual inflation tops 211% (as of 2023). Our microfinance and financial training programs help vulnerable communities outside of Buenos Aires, made up of mostly women, gain access to the credit and financial knowledge they need to overcome these barriers.
A large portion of the vulnerable communities outside of Buenos Aires lack basic financial knowledge, such as knowing how to use mobile banking applications, or awareness that they have a bank account. These communities also struggle to access affordable credit, and are met with sky-high interest rates when they seek credit for small projects, such as obtaining basic business materials, or repairing the roof of their house.
Our financial training courses, workshops, and talks teach community members about basic tenets of financial literacy, entrepreneurship, leadership, and communication - all integral parts of financial success and independence. We also provide microloans to strengthen businesses and small productive projects while accompanying community members with a savings methodology that promotes their economic independence.
By providing access to microfinance and financial training in vulnerable Buenos Aires communities, Nuestras Huellas strengthens participants' entrepreneurial activities and fosters a culture of savings. Participants' and their families' economic situations improve, housing improves, and economic planning improves so they can stop living in a subsistence economy (month to month). Long term, our programs strengthen bonds between members of the community and repair gaps in social capital.
This project has provided additional documentation in a PDF file (projdoc.pdf).
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