The primary objective of this project is to provide financial support for productive ventures operated and owned by charitable associations. The aim is to create new employment opportunities that supplement the existing ones generated by national development initiatives within both the public and private sectors. This endeavor is driven by the goals of eradicating poverty and unemployment, mitigating their negative social consequences, enhancing the efficacy of the beneficiary charitable associations, and empowering them to actively contribute to their local communities.
Donner(s): Interest-free loan from the Development and Employment Fund to the General Union of Voluntary Societies.
Number of beneficiary associations: 10 charitable associations
Number of projects: 10 productive projects.
Covered Area: Nationwide.