Page History

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Below you will find a summary of our fundraising efforts in each of the areas of concentration. You will also find an explanation of Microfinance as well as the benefits it can may hold for AguaClara.

Grants

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For a complete list of organizations and individuals we have contacted as well as examples of letters we have written to them, please refer to the Outreach Contacts and Outreach Contact Letters page. These letters are valuable resources to team members as they provide guidelines for the level of professionalism expected in all AguaClara correspondences.

Microfinance

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What is Microcredit?

The provision of small loans or microcredit to poor people to help them engage in productive activities including growth of very small businesses is called Microcredit. The term may also include a broader range of services, including credit, savings, and insurance. A database of Microfinance Organizations is maintained by the AguaClara Fundraising group.

Central American Microcredit projects already in existence

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In general Microcredit projects can range anything between lending to an individual to implementing a project which would help the whole community at large (generally with the aid of the government or a Non-governmental charitable institution). The current Microcredit projects in Central America are mainly concentrated on small size businesses. Microcredit in Central America has been growing at a steady pace of 20% in the last decade with Honduras among the lower end of growth spectrum.

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How does Microcredit work?

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