Impacted Last Year
Established in 1995, Mentors International empowers the Guatemalan people of this beautiful nation through mentorship, training, and financial solutions. Guatemala has the largest population in Central America, which has enjoyed relatively stable economic growth over the last few decades.
Despite this growth, economic inequality and poverty have increased, especially among the rural indigenous population. According to the World Bank, currently, 49% of the population lives below the poverty line, struggling to survive on $5.50 or less per day. Even for those with jobs, almost 95 percent earn salaries insufficient to meet a family’s basic needs. Guatemala has the sixth-highest rate of chronic malnutrition in the world.
Approximately one million people are expected to fall into poverty, raising the country’s poverty rate by as much as 6 percentage points, depending on the depth and duration of the COVID-19 crisis as well as the speed of the economic recovery.
With in-depth classes, individualized mentoring, and access to small-loans, savings accounts, insurance plans, and other financial services, individuals and families are able to transform generational poverty into sustainable Self-Reliance.
By offering business and vocational training tailored to each individual’s needs and goals, students are able to either start their own business or to work at someone else’s. They also receive ongoing mentoring to help them keep progressing towards their goals. This combination creates a ripple effect of prosperity throughout local communities, creating sustainable economic growth.