Microcredits
Location
Santo Domingo Oeste and surrounding areas
Date
2019 – 2023
Total Contribution
USD$125,000.00
Total Budget
USD$125,000.00
Theme
Training and Technical Assistance.
Funded by
This project is aimed at low-income women, single mothers, and female heads of household in Santo Domingo Oeste and surrounding areas. The vision is to reach 500 women to be trained and benefit from credit to start or improve their businesses, providing them with support and technical assistance. The objective is to give them the opportunity to have a sustainable business or to start a business in an area that identifies with them.
Community-level implementation of climate-resilient water resource 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 early period under climate impacts (such as droughts, heat stress, etc.).
1.3. Water conservation measures under climate impacts (such as watershed/riparian areas, afforestation schemes) implemented for 2,722 hectares
Capacity building for key institutions and communities to manage long-term climate change risks.
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 Provincial Committee for Monitoring Climate Change Adaptation is established in San Cristóbal.
2.3. Learning platforms and systems to integrate climate change-related risks into community 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 impacts of climate change. It was established under the Kyoto Protocol of the United Nations Framework Convention on Climate Change.
The Adaptation Fund has accredited the (IDDI) as a National Implementing Entity (NIE), which means that the Dominican Republic, as a developing country, will have access to resources for the execution of programs and projects that contribute to combating and addressing the effects of climate change.
Women with limited resources.
Single mothers.
Heads of households.
Low-income youth.
Achievements
We have 316 women benefiting from this project.
The 90% has improved or launched its business.
In each training session, we have an average of 6 to 7 women who manage to get access to their first loan.
Through the loans it has provided and the growth of its microenterprise, 70% has created opportunities for others, both directly and indirectly.
Support Entrepreneurs and Micro-business Owners.
Guide, empower, and support for sustainable development in every Dominican family.
Reaching those women who do not have easy access to formal banking.
Promote development into new initiatives where there is need in households.
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