Micro-entrepreneurs in the Guatemala City metropolitan area do not have reliable access to financial services and capital, which constrains their earnings potential and may encourage them to migrate. Cooperativa Integral de Ahorro y Crédito Cultura Comunitaria Responsabilidad Limitada (COCULTURA) enables local artists to access capital to grow or launch their small businesses. At the IAF, we work to expand economic opportunities in Guatemala. COCULTURAS’s activities encourage small business growth and local entrepreneurship to ensure meaningful opportunities for communities to thrive.
This grant is part of the IAF’s efforts to address the root causes of irregular migration in Central America.
|Project:||Location:||Years active:||IAF grant funding:||Counterpart commitment:||Direct beneficiaries:||Indirect beneficiaries:||Program areas:|
|Institutional strengthening and economic inclusion||Guatemala||2018 – 2020||$50,000||$51,030||40 individuals||400 individuals||leadership and education
job skills and enterprise development
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Recent News and Stories
Looking for scenes of beauty and strength during these challenging times? In early March 2020, several IAF staff members traveled to St. Vincent and the Grenadines, Antigua and Barbuda, and Saint Lucia to visit potential grantee partners. Get a peek into community-led innovations in the Caribbean through their photos.
We are living through a historic, global crisis and many wonder how we—especially the most vulnerable among us—will recover and rebuild afterwards. We recently spoke with Steve Vetter, a former IAF leader, who recalled another time in the IAF's history when grantees displayed resilience in the face of disaster.