FINANCIAL LITERACY EDUCATION
Adelante provides more than just credit, we provide an integrated microfinance and business development education model tailored to meet the needs of its borrowers. We are constantly exploring new products and innovative services to enhance our mission.
Historically, Adelante beneficiaries received business administration training during bi-monthly assembly meetings, covering various topics aimed at growing their small and micro businesses. When the Covid-19 pandemic hit, we adapted by surveying our clients and discovered that over 80% had access to online platforms. As a result, we now offer a blended approach that includes in-person group training, online educational modules, and personalized one-on-one mentoring. We actively seek support to ensure all Adelante’s financial literacy content is accessible online to our borrowers. With these online modules, women and their communities can learn from home or local community centers, gaining the skills and information needed to boost profits and improve their quality of life. Adelante also provides additional content on critical issues facing the communities we serve, such as health and hygiene.
Beyond education, Adelante emphasizes building strong relationships with participants. Since our lending model is based on trust, our Well-Being Officers play a vital role in building rapport with borrowers. Many of these staff members come from the same regions they serve, giving them firsthand knowledge of the unique challenges faced by the women in these communities. This shared understanding enables them to provide resources that truly empower.