Microcredits
Location
West Santo Domingo and surrounding areas
Date
2019 - 2023
Total Contribution
USD$125,000.00
Total Budget
USD$125,000.00
Thematic
Training and Technical Assistance.
Funded by
This project is aimed at low-income women, single mothers and heads of households in West Santo Domingo and surrounding areas, with the vision of reaching 500 women to be trained and benefit from a loan to start or improve their business, providing support and technical assistance, with the aim of giving them the opportunity to be a sustainable business, or undertake in the area that identifies them.
Community-level implementation of climate-resilient water resources management activities.
1.1. Community water supply and management plans developed for 30 communities to incorporate climate change related risks.
1.2. Increased water supply for multiple uses and users in 30 communities during the short-age period under climatic shocks (such as drought, heat stress, etc.).
1.3. Measures for water conservation under climate impacts (such as catchment/riparian basins, reforestation schemes) implemented for 2,722 ha.
Capacity building and development of key institutions and communities to manage climate change-related risks over the long term.
2.1. A set of manuals and other materials on best practices for water management and resilient livelihoods is developed, including a fully operational website.
2.2. The San Cristóbal Provincial Climate Change Adaptation Monitoring Committee is established.
2.3. Platforms and learning systems for integrating climate change-related risks into community-based water resource management and institutionalized livelihood activities in 30 communities.
Financing
The Adaptation Fund is an international fund that finances projects and programs to help developing countries adapt to the effects of climate change. It was established under the Kyoto Protocol to the United Nations Framework Convention on Climate Change.
The Climate Change Adaptation Fund accredited IDDI as a National Implementing Entity (NIE), which means that the Dominican Republic, as a developing country, will have access to resources for the implementation of programs and projects that contribute to combat and address the effects of climate change.
Low-income women.
Single mothers.
Heads of household.
Young people of limited resources.
Achievements
We have benefited 316 women through this project.
90% have improved or started their business.
In each training we have an average of 6 to 7 women who gain access to their first loan.
Through the loans granted and the growth of their microenterprises, 70% have created opportunities for others directly and indirectly.
To support entrepreneurs and micro-entrepreneurs.
To guide, train and support sustainable development in every Dominican family.
Reach out to those women who do not have the ease of access to formal banking.
Promote the development of new initiatives in households where there is a need.
Any questions?