Fundación Tropicalia is proud to announce that they have signed with the Multilateral Investment Fund of the Inter-American Development Bank (MIF-IDB) to support an ambitious project for the “Inclusion of Small and Micro Enterprises in the Sustainable Tourism Supply Chain in Miches” and strengthen the productive capacity of the local Miches economy. This 36-month development project will facilitate the creation of a local supply chain in Miches in an effort to meet future demand generated by Tropicalia and its partners. Additionally, it supports an inclusive and shared value business model by establishing a sustainable and environmentally responsible access to the local market, which will increase the income of agricultural producers and SME service providers in Miches. This $1.6 million project expects to organically certify 300-500 agricultural producers and will establish 5-10 SMEs to supply goods and services to Tropicalia.
Fundación Tropicalia Investing in SMEs in Miches
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Access to International Financing Promising for Fundación Tropicalia and Tropicalia
This month, Fundación Tropicalia received great news from the Multilateral Investment Fund (MIF) of the Inter-American Development Bank (IDB) – our innovative, socio-economic development project which will incorporate local businesses into Tropicalia’s supply chain, received the first of two approvals for funding. Having received “eligibility” status from an IDB commission based in Washington, D.C., technical teams from Fundación Tropicalia and the FOMIN can get to work on designing the minute details of the project and present it for final approval before the year’s end.
Gallagher: Teaching girls their value
I’m a big fan of giving back and making a difference, especially when it is for children in need. I also believe that making a difference has no boundaries. So sit back and let me take you on a trip to the Dominican Republic. That’s right — the D.R., a place where many residents of our valley head to hit the beach, windsurf, kite surf and let the good times roll.