Cooperative Agreement 72051924CA00003

The Inter-American Foundation awarded a $386,000 project grant under its Assistance for Overseas Programs to strengthen agricultural production and marketing in El Salvador. The grant to Asociacion De Desarrollo Economico Local De Morazan supports efforts to increase and diversify vegetable and honey production for 16 municipalities in the Department of Morazán. The grantee organization will work with producers to improve organizational capacity, access to direct markets, access to capital,...

Corporacion Para El Financiamiento Empresarial Del Comercio Y Las Comunidades (Cofecc) received a $260,568 Project Grant from the Small Business Administration (SBA) Office of Capital Access under the Microloan Program (CFDA #59.046) to provide training and technical assistance to current and prospective microloan borrowers in San Juan, Puerto Rico from July 1, 2022 to June 30, 2023. The Microloan Program aims to assist entrepreneurs and small business owners in underserved areas by providing...

The National Association for Latino Community Asset Builders (NALCAB) was awarded a $250,000 Project Grant from the Small Business Administration (SBA) Office of Capital Access under the Prime Technical Assistance federal grant program (CFDA #59.050). Through this one-year award ending September 2022, NALCAB will provide training and capacity building services to enhance the management capabilities of existing microentrepreneurs and increase the number of microenterprises. Specifically,...

The U.S. Agency for International Development (USAID) awarded a $3,484,764 Cooperative Agreement under the USAID Foreign Assistance for Programs Overseas (CFDA 98.001) program to the Cooperative For Assistance And Relief Everywhere, Inc. (CARE) to implement the Digital Financial Inclusion Project. The project aims to improve access to and use of digital financial services, provide training and capacity building, and offer tailored support for micro and small enterprises (MSEs) with a focus on...

The African Development Center will receive $171,500 through June 30, 2023 from the Small Business Administration Office of Capital Access under the Microloan Program (CFDA #59.046) to provide technical assistance services. Specifically, the funding will support expenses including loan officer preparations and delivery of pre-loan and post-loan technical assistance, personnel, training, and supplies. The Microloan Program aims to assist underserved entrepreneurs and business owners through...

The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded a $4,957,678 Project Grant under the Equitable Recovery Program (CDFI ERP, CFDA 21.033) to Cooperativa De Ahorro Y Credito Comunal San Miguel De Naranjito on April 10, 2023. The grant will support expanded lending, grant making, and investment activities through June 30, 2028 in low- and moderate-income communities disproportionately impacted by COVID-19. As a Community Development Financial...

The Small Business Administration awarded Latino Economic Development Corporation of Washington DC $233,188 through the Microloan Program (CFDA 59.046) from July 1, 2023 to June 30, 2024. As a subrecipient, Latino Economic Development Center will provide microloans, business training, and technical assistance to start-ups and small businesses. The Center will deliver these services to disadvantaged entrepreneurs in accordance with the Microloan Program's goal of expanding access to credit for...

This $125,000 Project Grant from the Inter-American Foundation's IAF Assistance for Overseas Programs will support the Asociacion Cooperativa De Produccion Agropecuaria De Usulutan De R.L. cooperative in El Salvador. The cooperative, led by youth and women, will expand sustainable honey production and sale of value-added honey products like candles and shampoo. This aims to increase incomes for cooperative members, who are among the poorest producers in Usulutan Department, El Salvador. The...

The Neighborhood Development Center Inc. was awarded a $713,002 Project Grant from the Small Business Administration Office of Capital Access under the Microloan Program (CFDA 59.046) to provide pre-loan and post-loan technical assistance to support small businesses from July 1, 2022 to June 30, 2023. The Microloan Program aims to assist entrepreneurs and small business owners in underserved areas by providing credit and support services. Under this award, Neighborhood Development Center will...

The Small Business Administration (SBA) awarded a $1,404,538 project grant to Venturesouth, doing business as Sabre Finance, through the Microloan Program (CFDA 59.046). The grant will support Venturesouth's provision of microloans and technical assistance services to women, low-income, and minority entrepreneurs in Birmingham, Alabama from July 1, 2022 to June 30, 2023. The Microloan Program aims to foster entrepreneurship and small business growth in economically disadvantaged communities...