Adelante Foundation

Adelante Foundation

With only a 6th grade education – but a series of small loans – Ana Yadira Euceda has become a successful entrepreneur operating a school cafeteria in the rural area of Intibucá, Honduras.

Grameen de la Frontera

Grameen de la Frontera

In rural Sonora, Mexico, Carmen Valenzuela Baldenegro started her new life with an $89 loan. Now the recipient of multiple loans, she is able to use profits from her well-stocked grocery store to provide an education for her two young daughters.

WE Center for STAR Women

WE Center for STAR Women

Luchia Lokonyen farmed in her homeland of Uganda, and in Kenya, where she lived in a refugee camp for 15 years. Resettled in San Diego, Luchia used a small business loan from the WE STAR Center to pay for driving lessons. Now this mother of five has a driver's license and can sell her fresh produce at local farmers markets.

WomensTrust

WomensTrust

In Pokuase, Ghana, Vida Zah, 56, used microfinance loans to create such a successful business providing refreshing drinks that she has been able to hire two female employees to serve her growing clientele.

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Microfinance: An Effective Poverty
Reduction Strategy

Women’s Empowerment provides microfinance loans and business training to women in Mexico, Honduras, Ghana and San Diego - so they can start businesses and work their way out of poverty.

Microfinance is one of the most effective and flexible strategies in the fight against global poverty. It is sustainable and can be implemented on the massive scale necessary to respond to the urgent needs of those living on less than $2 a day.

Why microfinance?

•    Very high repayment rate
•    Funds are recycled. As loans are repaid, they are re-loaned. Reinvestment multiplies the impact of each dollar loaned.
•    Small loans help very poor households meet basic needs and protect against emergencies.
•    By lending to women, microfinance promotes gender-equity and education for children.
•    Helps families move from “everyday survival” to “planning for the future.”

Microfinance has a positive impact far beyond the individual client.

Studies show that women are much more likely than men to reinvest their earnings in their businesses and their families. As micro-businesses expand, entire communities benefit.

Jobs are created. Knowledge is shared. Civic participation increases. Children – especially girls - are educated.

And, women are recognized as valuable members of their families and communities.

Learn more ...

 

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MEET AN ENTREPRENEUR

  • Carrying on the Family Business

    Issir Guled, whose large family included many businessmen in Somalia, has the ambition to one day use the Guled family name for her own businesses in San Diego. She currently sells scarves and jewelry, which she imports from China and Africa, to the Somalian communities and also at bazaars and markets. Issir has also taken child development classes that give her the ability to offer childcare services.

    With a determination to succeed, Issir has several marketing ideas that she would like to implement that would enable her to expand both her products and market. The STAR Center has assisted her in reaching her goals by helping her get booth space at swap meets, holiday fairs and other events.

    Issir would like to one day use her financial success and compassion for others to help her family, many of whom still live in Somalia, as well as use her energy to assist underprivileged and disabled individuals.

Take Action

With your help, we can assist women living in poverty with small business loans and help with starting and growing their businesses.  Gifts of every size make a difference.

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