. The students are incorporating their own nonprofit microfinance institution, called La Ceiba, which will stimulate economic growth in Honduras. Each student is responsible for bridging theory and practice in one aspect of the development process, such as management, law, marketing, economic theory or client research, and synthesizing their findings as a whole. At the end of the semester, the course participants will travel to Honduras to implement the program’s on-the-ground component.
Mission Statement
La Ceiba envisions a world in which every individual can realize their potential through hard work. As a microfinance program that provides financial, social and educational support, La Ceiba empowers struggling Hondurans to overcome the inequalities that have denied them this right.
Why local?
La Ceiba upholds the philosophy of digging deeper, not wider. Rather than spread our very limited resources too thinly across the globe, we will have the greatest chance to fulfill our goals and our purpose by forging one-on-one partnerships in small communities. La Ceiba will spread to new locations only when it has the resources to do so without compromising any involvement with its current clients.
Why “La Ceiba”?
The La Ceiba tree is characterized by its deep and powerful roots, which buttress the colossal trunk that reaches for the sky. Like the Ceiba, our organization intends to be a deep and powerful foundation for small communities to attain new opportunities. For this reason we selected La Ceiba as the profound symbol of our microfinance institution and the values it represents.
This post was written by admin on August 26, 2008
La Ceiba tree is not the National tree of Honduras. The national tree of Honduras is the pine tree.