Young women in low-income neighborhoods of guatemala's capital have few educational and economic opportunities

Active Project Grant Awarded Last action

Award ID
GT359
Recipient
Awarding agency
Obligated
$388,900

Award facts

Assistance listing
85.750 IAF Assistance for Overseas Programs
Completion date 94% complete
Originally
Place of performance
45-54, A Aguilar Batres Sur, Cdad. de Guatemala, Guatemala

Award details come from USAspending.gov.

Description

As the agency reported it.

They also struggle to access traditional forms of credit and capital to launch microenterprises. At the IAF we support community-led approaches to expanding economic opportunity. Our grantee partner cooperativa integral DE ahorro Y crédito cultura comunitaria responsabilidad limitada (COCULTURA) is training young women in financial management and entrepreneurship and offering access to vocational courses. Combining practical skills with access to affordable credit will encourage young women to develop sustainable local microenterprises. This grant is part of the IAF's efforts to address the root causes of irregular migration in central america and the women investing in growth and security (WINGS) initiative to empower women as business and community leaders.

Transactions

Action Obligated Date
Amendment The signing of a 1996 peace agreement in guatemala ended a civil war that lasted over 36 years, but many guatemalans still face the psychosocial trauma of the… $254,000
Original award $134,900

Quick answers

Who received award GT359?

GT359 was awarded to Cooperativa Integral De Ahorro Y Credito Cultura Comunitaria RL by Inter-American Foundation (Executive Office of the President) on March 19, 2021.

How much is award GT359 worth?

$388,900 has been obligated on GT359.

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