Nuestras Huellas
Our mission is to strengthen the economic independence of vulnerable communities through solidarity lending and education.
Since 2002 we’ve helped found more than 60 solidarity lending groups in the area north of Buenos Aires, Argentina. These groups provide collateral-free loans based on trust, and have strengthened the personal financial situations of each group’s members.
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Economic instability in Argentina disproportionately affects the most vulnerable
39.2% of the Argentine population lives below the poverty line, and 94.8% annual inflation (2022) hits lower class households especially hard as the price of food continues to grow.
People in vulnerable financial situations continue to be excluded from financial systems
- Women earn 20% less than men, according to 2020 statistics
- A majority of people in poor neighborhoods outside of Buenos Aires report not having bank accounts
- And of the 20% that have bank accounts, many lack financial literacy to take advantage of banking services.
- Only 22% of those with mobile phones have used them to pay bills, send or receive money, or make purchases in the last 12 months.
While we measure social problems with statistics, the solutions to these financial problems are social and cultural, not just technological.
Everyone deserves financial independence. And we’re helping these communities get there.
We’re making a tangible impact through the solidarity economy
The solidarity economy is a tool for real, everlasting change. Built on community support and trust, it gives people opportunities and help to grow businesses and change their lives for good.
Solidarity groups loaned AR$26,877,000 last year (2022) to members of their communities. That’s over $200,000 US dollars.
In the lifetime of Nuestras Huellas, over US $750,000 have been loaned to communities
More than 3900 people have participated in Nuestras Huellas programs.
65 solidarity banks operate in communities north of Buenos Aires.
97% of the people we support are women.
249 people participated in our financial education, digital literacy, leadership, communication, and entrepreneurship training programs in 2022.
These are our tools for transformation:
PEER GROUPS: Spaces of belonging, where members generate transparent, trustworthy, collaborative bonds. Members are protagonists in group management and decision making, and coordinators from Nuestras Huellas help initiate groups and provide support where needed.
PARTICIPATORY LEARNING: Sharing experiences, teaching accounting and finance concepts, exploring respectful communication, and exploring new technologies. Coordinators lead meetings with tips of the day to share knowledge together.
SAVINGS: We teach the habits of saving and managing finances. In each meeting, members discuss savings and plan how to generate funds for their wants and needs.
MICROCREDITS: Solidarity lending groups loan money to members to finance entrepreneurial ventures and/or improve their homes. Instead of collateral, borrowers access these microcredits based on trust and community.
We’re making a tangible impact through the solidarity economy
Solidarity groups loaned AR$26,877,000 last year (2022) to members of their communities. That’s over $200,000 US dollars.
In the lifetime of Nuestras Huellas, over US $750,000 have been loaned to communities through solidarity banks.
More than 3900 people have participated in Nuestras Huellas programs.
65 solidarity banks operate in communities north of Buenos Aires.
97% of the people we support are women.
249 people participated in our financial education, digital literacy, leadership, communication and entrepreneurship programs in 2022.
When you donate Nuestras Huellas, you are supporting:
Our microfinance program: donations help us start more solidarity lending peer groups, support existing groups, and introduce new technologies into these groups to make them even stronger and more sustainable.
Workshops and courses: your donations help us offer programming to our participants around financial education and entrepreneurship. We want to continue to create virtual classrooms and broaden the classes we offer.
Your recurring donation makes a huge impact
We greatly appreciate all donations. However, if you have the means to submit a recurring donation, it makes an outsize impact — you are contributing significantly to our financial stability and the impact we’re able to make.
Programs
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The "Leave Your Mark" Campaign
Make your mark on our organization by donating any amount. $5, $10, $25…any amount helps us greatly! Your donation will allow us to continue offering financial and entrepreneurial programs in the communities where we work.