Ficohsa Invests in Education: First of Many Schools Fully Renovated

Grupo Financiero Ficohsa

Today is just the beginning, as we start to see the results of our US$1 million investment in renovating 250 classrooms in 25 schools throughout the country, benefiting 10,500 students and teachers.”

Ficohsa Group President Camilo Atala

Juan Carlos Atala, President of the Ficohsa Foundation for Children’s Education, today joined U.S. Ambassador Laura F. Dogu, Minister of Education Daniel Esponda, representatives of USAID, and local students at the inauguration of the first of 25 schools to be renovated under the USAID-led Alliance for Education initiative to support education reform and improvements to school infrastructure in Honduras.

With the help of the Ficohsa Foundation, the Esteban Mendoza School in Tegucigalpa has received a new roof and electrical wiring, all doors and windows have been repaired, the water and sanitation systems have been restored, improved lighting has been installed, and a fresh coat of paint applied throughout. The 854 boys and girls who attend the Esteban Mendoza School, along with 49 teachers, will now be able to learn in refurbished classrooms.

Commenting on the occasion, Ficohsa Group President Camilo Atala said, “The Ficohsa Foundation for Children’s Education has been deeply committed to supporting public education in Honduras for 25 years, helping over 150,000 children in 150 schools. Today is just the beginning of our expanded support, as we start to see the results of our US$1 million investment in renovating 250 classrooms in 25 schools throughout the country, benefiting over 10,500 students and teachers.”

Ficohsa Foundation President, Juan Carlos Atala, said at the event, “Together with USAID, the Honduran Ministry of Education, and the private sector, we have formed a powerful alliance that is working together to make our common goals a reality: to provide children and youths in Honduras with quality, accessible, and equitable education.”

Camilo Atala added, “Ficohsa will continue to participate in projects that promote the well-being of Hondurans. Education is one of our main pillars and I believe that, by working together with partners such as USAID, the Honduran government, and private companies, our impact will be greater and more sustainable.”

The schools selected for renovation will be located near to the kindergarten schools that the Ficohsa Foundation already supports, ensuring that those under-served communities are further strengthened and the children’s high quality education continues after pre-school. The Alliance for Education will address critical infrastructure needs in 12,000 schools.

Grupo Financiero Ficohsa is the leading Honduran financial services group, offering banking, insurance, pensions, brokerage and money exchange. Ficohsa’s innovative online solutions enable customers to carry out their