ADELANTE: IN THE BLACK - WE'RE SUSTAINABLE!

Adelante posts two profitable months; all capital raised now goes to giving new loans

After 10 years, and almost $2 million of your money invested at the lowest economic level - we are sustainable! This is a very exciting time for our foundation. We are entering a new era, the organization has evolved, we have made several methodological changes to ensure our survival and in the process we have become stronger. Even though the recent recession forced us to reduce our personnel, it also made us become more efficient. Investing in our infrastructure, our technology, and our staff has proven to be the right decision and we are now able to reap the benefits. With YOUR help, our primary goal has been achieved - Adelante has become financially self-sustainable. In fact, as of the close of January, 2010 Adelante had been operating at a profit for two full months. We will still need new capital to be able to grow our loan program and offer more products to more impoverished women who need them....To read the rest of the story please click here