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- EIN 94-3329340
- 1-877-853-6244
- PO Box 4473 Englewood CO 80155 USA
- http://www.adelantefoundation.org/
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Nonprofit Overview
Causes: Civil Rights, Economic Development, International, International Economic Development, Microfinance, Philanthropy, Private Grantmaking Foundations, Rural Economic Development, Women, Womens Rights
Mission: “Unity, Discipline, Hard Work, and Courage; This is our way of life.” Adelante’s mission is to improve the standard of living of extremely poor women living in Honduras. Since 1999, Adelante has provided small loans to very poor women so they can start and grow their own small business. Over time, the women use their profits to buy better food for their families; improve their homes; buy medicine when necessary; send children school; and plan and save for the future. In addition to providing credit, Adelante also provides business, health and human rights education. The business education helps borrowers, who have an average fourth-grade education, learn the skills necessary to make their business successful. The health education provides vital, but difficult to find, basic health information for the whole family. Adelante provides opportunity rather than charity – a hand up rather than a hand out.
Target demographics: Poor women in Honduras
Geographic areas served: Honduras
Programs: Adelante serves 6,600 poor women in rural honduras. The loan portfolio remained stable in 2014 in the $1,200,000 range. The foundation has five offices in the country, three of which are along or near the north coast in the department of atlantida, one in the department of intibuca and one in the department of choluteca.
adelante made over 6,600 educational presentations to its clients in 2014. It has focused its educational content toward business topics based on the feedback of clients.