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Social Development

Inter-American Development Bank (Photo: Devex)

Guyana, T&T iniatives to benefit from IDB/USAID project financing

Inter-American Development Bank (Photo: Devex)

Guyana and Trinidad and Tobago will stand to benefit from The Inter-American Development Bank (IDB) and the United States Agency for International Development (USAID) joint project, new BetterTogether/JuntosEsMejor Challenge.

Through the project, the IDB and USAID will disburse US$2.4 million to support initiatives in seven countries that promote gender equality, entrepreneurship and educational opportunities for Venezuelan migrants and communities that receive them.

The official logo for the United Staes Agency for International Development (Photo: US Embassy in Bridgetown)

Among the other countries to benefit are Argentina, Chile, Panama, Peru, and Venezuela.

“The BetterTogether (JuntosEsMejor) Challenge is a partnership between the US Agency for International Development (USAID) and the Inter-American Development Bank (IDB) to crowdsource, fund, and scale innovative solutions to support Venezuelans and communities that host them across Latin America and the Caribbean,” a release from the IDB outlined.

“The awardees will provide critical solutions for delivering accessible education, generating employment, fostering entrepreneurship, combating gender-based violence, fostering women’s economic empowerment, and accessing vital services,” the bank also said.

In Guyana, the National Coordinating Coalition will enhance a digital platform that aims to strengthen cross-country partnerships for the successful resettlement and empowerment of Venezuelan migrants.

(Photo: Facebook @nccgy)

Over in Trinidad and Tobago, the BetterTogether Challenge will support two projects: the Rape Crisis Society of Trinidad and Tobago and the Together WI Foundation.

The former will establish the first after-hours, toll-free, bilingual gender-based violence hotline for Venezuelans and other survivors who need immediate support, anywhere in the country.

The latter initiative will help Venezuelan women find jobs in the specialised garment-production business. The women will have access to markets and employment placement, while also contributing to boosting the local economy.