Micro-Finance

MOSCTHA believes that providing small loans to women entrepreneurs in sugar refinery communities gives them an opportunity to be self sufficient. We promote small businesses and self employment for women in the province of Monte Plata and Barahon. Specifically, we provide micro loans, finance training and mentoring services.

As part of this project, MOSCTHA, the National Training School Cooperative (ENECOOP), the Center for Legal Services for Women (CENSEL) and other institutions have partnered to create and implement a training program to educate women entrepreneurs on topics such as finance, budgeting, management, and human rights. The purpose of the training program is to not only educate women entrepreneurs but also help to build their confidence.

To date we have achieved the following results:

  • Being legally recognized by the government as a Legal recognition of three out of the four groups.
  • Provided more than 300 micro loans for creation of small businesses.
  • Delivered 230 days of training as well as lectures, workshops, vocational courses, conferences and opportunities for women to exchange their experiences.
  • Created 97 new jobs as a result of micro loans granted to women entrepreneurs

To date, ten thousand families from five sugar refinery communities have benefited from these programs with funding provided by our partner, the Inter-American Foundation (IAF). However, there are numerous sugar refinery communities that are underserved due to a lack of funds. If you would like to sponsor a women entrepreneur in these communities, please click on donations.