Women's Microcredit and Business Develo...

Women's Microcredit and Business Development Program

Target Start Date: January 01, 2008
Location: Iriona, Honduras
$3,012 total cost
$0 still required

THIS PROJECT HAS BEEN FULLY FUNDED!
Thank You for your support!

 

Project Description:

Provide business consulting, training and small loans to poor, indigenous women with microenterprises to raise their level of household income and well-being.

This five year project will improve the quality of life and standard of living of families in marginalized communities in Honduras through the promotion of women’s education, leadership, health and economic development.

This project provides weekly leadership classes to women in marginalized communities utilizing weekly classes to train women in financial management (including budgeting and savings) and family health matters. It also promotes asset accumulation among needy women through one to one savings matches (incentives).

Students will be given the opportunity to accumulate savings in a formal financial institution during their participation in classes as part of financial training. These savings will be matched, one to one, up to a maximum of $100 per student, upon their successful graduation from the Program, and applied toward a project or item benefiting their family or community.

Click here to see how this project is continuing in 2009.