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2019-CACMU

By |2021-02-02T22:11:59-05:0025 September 2019|

Project Description

Venezuelan migrants in northern Ecuador often struggle to generate income and access healthcare. At the IAF, we support communities’ social and economic inclusion of Venezuelan migrants in Ecuador. Our grantee partner, Cooperativa de Ahorro y Crédito Mujeres Unidas (CACMU), is offering migrants and local Ecuadorians low-cost health insurance, training in financial literacy and small business development, as well as access to credit and a small business network through which they can obtain business mentorship. This grant is part of the IAF’s commitment to support displaced Venezuelans and communities impacted by the Venezuelan humanitarian crisis.

Project Amendments

This amendment provides CACMU with an additional $300,000 to extend its social and economic integration activities to additional Venezuelan migrants in northern Ecuador, including its loan fund, health insurance coverage, and training in small business management and local business law. As part of the amendment, CACMU is mobilizing an additional $263,194 in counterpart resources to the grant agreement. 

Fundación Cooperación y Acción Comunitaria*
Project: Location: Years active: IAF grant funding: Counterpart commitment: Direct beneficiaries: Indirect beneficiaries: Program areas:
Small business development, capacity building, and raising awareness of the rights of Venezuelan migrants in northern Ecuador Ecuador 2019 – 2023 $475,000 $561,370 775 individuals 2,200 individuals enterprise development and job skills

*includes amendment data

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