Helping to climb a mountain of poverty

Helping to climb a mountain of poverty
Seven years ago, children living in the isolated Honduran mountain village of Guyamitas were forced to eat grass and leaves to survive.
SEP 12, 2010
Most left school after sixth grade. Boys worked in the fields or sweatshops, and girls quickly got married and began raising large families. A cycle of grinding poverty had repeated itself generation after generation. Although the government had a program to provide meals for school children, the village didn't have a kitchen where the food could be cooked, so the program was never developed. That was before Robert Wamhoff and his wife, Diane, arrived. She was doing volunteer work in Honduras with a church group when she became aware of the dire situation in Guyamitas. Determined to make sure the village's children could eat proper meals, Ms. Wamhoff founded Just Because We Care in 2003 to help them. Soon Mr. Wamhoff, president of Wamhoff Financial Planning and Accounting Services Inc. of Hazelwood, Mo., came on board. “My wife inspired me with her courage,” he said. Over the next six years, the Wamhoffs and their charity transformed the town. First they helped finance and build a kitchen. Then they developed a food program independent of the government's to feed the children. The next project that Just Because We Care tackled was improving Guyamitas' schools. The charity fixed up the elementary school and built a vocational school three years ago so that children and adults could learn a trade. The elementary school now has an enrollment of more than 140. More than 50 students have graduated from the vocational school and have gotten jobs in computer technology, carpentry, auto maintenance, sewing and baking. “My biggest reward is seeing a child who has gone through the vocational school going on to work in their trade,” Mr. Wamhoff said. “A woman in the baking class asked if she could hug me, because her husband was very small and she had never hugged a large man.” In addition, 19 students from the town are attending high school and one college on Just Because We Care scholarships. The charity also helps provide families with clothing, books and sporting equipment, as well as a Christmas meal for each family with a child in school. The Wamhoffs have built their own home in the village and visit five or six times a year. “What keeps me going is seeing the children's smiles and [getting] their hugs, when we come to the mountain,” Mr. Wamhoff said. “It isn't because I have something for them; it's genuine love.” When Mr. Wamhoff won the CLA Community Service Award last month, his gratitude was heartfelt. “You can't believe what this money is going to mean for my children in Honduras,” he said.

Latest News

JPMorgan mulls new asset lending scheme aimed at crypto ETF investors
JPMorgan mulls new asset lending scheme aimed at crypto ETF investors

Insiders say the Wall Street giant is looking to let clients count certain crypto holdings as collateral or, in some cases, assets in their overall net worth.

Fintech bytes: Future Capital adds RayJay alum to C-suite, Advyzon welcomes ex-Envestnet leader
Fintech bytes: Future Capital adds RayJay alum to C-suite, Advyzon welcomes ex-Envestnet leader

The two wealth tech firms are bolstering their leadership as they take differing paths towards growth and improved advisor services.

UBS 'wrongfully' fired Idaho advisor in 2021: FINRA panel
UBS 'wrongfully' fired Idaho advisor in 2021: FINRA panel

“We think this happened because of Anderson’s age and that he was possibly leaving,” said the advisor’s attorney.

Cetera Trust hires Fidelity vet Kerri Scharr for chief fiduciary officer role
Cetera Trust hires Fidelity vet Kerri Scharr for chief fiduciary officer role

The newly appointed leader will be responsible for overseeing fiduciary governance, regulatory compliance, and risk management at Cetera's trust services company.

Trump's 'revenge tax' might come back to bite US borrowers, experts say
Trump's 'revenge tax' might come back to bite US borrowers, experts say

Certain foreign banking agreements could force borrowers to absorb Section 899's potential impact, putting some lending relationships at risk.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave

SPONSORED The evolution of private credit

From direct lending to asset-based finance to commercial real estate debt.