In the past few years, Fundacion Avanzar has been able to provide microcredits to a number of small entrepreneurs.
In 2021, a completely new project funding concept was initiated: The solidarity box named Caja Solidaria Avanzamos Juntas. Thanks to a generous private donation, Fundacion Avanzar was able to provide the participating women with capital they can use to give and take out loans. With initial support from our side, they created the Caja, elected the director and the members and are now managing the Caja all by themselves. They grant the loans, decide on the interest rate, and control the business of the Caja completely independently.
After one year, we can say with great satisfaction that the Caja is up and running successfully and has made a substantial change in the lives of the participating women because otherwise it would be impossible for them to take out a loan.