Summary: The Adelante program will directly empower women in La Ceiba to start up or expand their home-based business, increase their family income, and achieve economic independence.
In conjunction with Women's Empowerment Intl. (a San Diego based nonprofit), Rotary funds will be directed to Foundacion Adelante in La Ceiba, Honduras. Adelante is a non-profit Microfinance organization with over 20 years of lending experience. Adelante will make micro loans ($200 to $2000) to Honduran women who are ready to start up or expand a home-based business. All of the women participating in the loan program will receive financial literacy training. Loans terms average 6 to 10 months. Adelante manages the revolving loan fund, such that that repaid loans are circulated to make new loans. Loan losses average 3% of total revenue, which is quite low. Financial literacy training is an essential component of the program, with both in-person training sessions and online training videos.
Need $13,000
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Project listed for the 2025-26 Rotary Year.
Proposed Financing
Existing Contributions Towards This Project
Date
Cash
DDF
Total
La Mesa Sunrise (5340)
21-Jul-25
$1,000
$1,000
$2,000
Remaining Amount to Raise
Additional Contribution (Needed) - Click here to add a contribution.
$13,000
Total
$1,000
$1,000
$15,000
DDF contributions in grey are pending approval of the corresponding district committee.
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