P-5820

Adelante Microfinance Program

Description

Financing

Documents

Photos

History Logs

Project Description

Country: Honduras

Location: La Ceiba

Total Budget: $2,000

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

Paid
This project is "Paid". This means that the funds from the district have been issued. This project is now being ready for implementation. When this is done, a report needs to be uploaded on the project page and the "Reported" button needs to be clicked, then the status of the project will be changed to "Reported".

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

Total

$1,000

$1,000

$2,000

Project Supporting Documents


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Project Photos


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History Log Entries

24-Jul-25

by David Harris

System Entry: Project is now "Fully Pledged".

15-Oct-25

by David Harris

System Entry: Project sent for club signatures.

15-Oct-25

by David Harris

System Entry: Project signed by David Harris.

24-Oct-25

by Alan Turner

System Entry: Project approved by the District Approval Committee.

4-Dec-25

by Dave Brooks

System Entry: Check for DDF payment issued by Foundation Treasurer.

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