SANTO DOMINGO.- Habitat for Humanity Dominican Republic and BANFONDESA signed an alliance to facilitate the improvement of family homes through financing and increase formal connection to the sewer system for at least 500 vulnerable people in several communities in the province of Montecristi.
This intervention seeks to minimize the vulnerable conditions in which families without formal connections to the sewage system live in the aforementioned province, among other things, by improving living conditions through the conditioning of homes, a press release highlights.
“We are convinced that with the right policies and systems we can eliminate barriers, accelerate efforts and open the door to a better future for many more people who deserve the opportunity to live in a safe home in our country,” said Cesarina Fabián, national director of Habitat for Humanity Dominican Republic.
Cristian Reyna and Cesarina Fabián. (External source).
This alliance impacts the province of Montecristi through the project “A clean solution to a dirty problem”, which is being carried out through a collaboration agreement with the Inter-American Development Bank (IDB), its innovation laboratory IDB Lab and Habitat for Humanity.
The project also has the support of the National Institute of Drinking Water and Sewerage (INAPA) as the agency in charge of access to water and sewerage.
Cristian Reyna, CEO of BANFONDESA, emphasized the importance of this agreement for the institution, as it reflects its commitment to families and communities at the base of the pyramid. “BANFONDESA is the bank for families. We believe that a decent home is an essential part of the well-being and progress of the core of society,” Reyna stressed.
Social responsibility is one of the pillars of Habitat for Humanity and BANFONDESA, aimed at promoting the well-being and support of families in the communities. Actions seek to improve and reduce water source contamination and illnesses caused by improper waste management.
Habitat for Humanity is a global, non-governmental, non-profit organization that works to ensure that every person has a decent place to live, through programs focused on microfinance for housing, minimizing risk and increasing disaster response.
In the Dominican Republic, the organization focuses on empowering families to build strength, stability, and self-sufficiency through housing. Since its inception in 1986, the institution has provided over 51,659 housing solutions and impacted approximately 258,295 people.
The Savings and Credit Bank FONDESA, SA (BANFONDESA) has a business model focused on micro-entrepreneurs, small-scale rural producers, low-income families, as well as urban and rural labor groups.
