G-3086

Microcredit for Honduras

Description

Financing

Documents

Photos

History Logs

Project Description

Region: Central America

Country: Honduras

Location: Tegucigalpa

Total Budget: $36,000

Area of Focus: Community economic development



To train, provide technical advice and seed capital to 60 families in Tegucigalpa, reducing poverty (70% of population) and unemployment levels (30%) in Honduras, preventing immigration mostly to USA and Spain. (1.2 million Hondurans live in the US and 250,000 in Spain. Around 60% of the businesses in Honduras are informal and have no access to credit, most of them survival type of micro businesses.

Primary Host Partner

District: 4250

Rotary Club of: Real de Minas-Tegucigalpa

Primary Contact: Julio Villalta

Email: juliovillalta@hotmail.com

Primary International Partner

We are looking for a Club partner. Click here to pledge support for this project. Recording a pledge will make you the Primary International Partner for this project.

Project Status

Need $34,280
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".
Click here to pledge support for this project.

Project listed for the 2023-24 Rotary Year.

Proposed Financing

Existing Contributions Towards This Project

Date

Cash

DDF

Total

Real de Minas-Tegucigalpa (4250)

4-Mar-23

$100

$900

$1,000

Remaining Amount to Raise

Additional Club Contribution (Needed) - Add a contribution

$34,280

-

$34,280

Amount Requested from The Rotary Foundation

-

$720

$720

Total

$36,000

Note: as of July 1, 2015 there is a 5% additional support fee for cash contributions. This fee does not appear in the financials above because it does not apply if the funds are sent directly to the project account (without going through TRF, and therefore without Paul Harris credit). Clubs sending their cash contribution to TRF must be aware they will have to send an additional 5%.

Project Supporting Documents


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Project Photos


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History Log Entries

4-Mar-23

System Entry

System Entry: Creation of project page.

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