P-5820

Adelante Microfinance Program

Description

Financing

Documents

Photos

History Logs

Project Description

Country: Honduras

Location: La Ceiba

Total Budget: $15,000

Area of Focus: Community economic development

Activity Type: Community Development: General

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.

Project Contact Person

District: 5340

Rotary Club of: La Mesa Sunrise

Primary Contact: David Harris

Email: davhar19@gmail.com

Project Status

Need $13,000
This project needs to receive some pledges to go to the next level. Please check the "Financing" tab to see the list of current pledges. Once the amount pledged is equal to the project budget, the status of the project will be automatically changed to "Fully Pledged".
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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.

Project Supporting Documents


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History Log Entries

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