Honduras is among the poorest and most unequal countries in the Western Hemisphere. The poorest members of the population, who live off small-scale agriculture in rural communities, are especially vulnerable to tropical storms, floods and hurricanes.
- Eighteen percent of the population (1.3 million people) lives on less than US$1.25 a day.
- Honduras ranks 117th among nations for its level of social well-being on the UN’s Human Development Index.
- Sixteen percent of adults cannot read or write.
Microfinance is well diversified in Honduras and the country experiences a high rate of penetration, but rural and poorer areas have typically been neglected. Grameen Foundation has supported microfinance in Honduras since 2002. We currently provide financing to Adelante.