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PRESENTED A NEW CALL FOR PROJECTS FOR GRANTS IN THE FRAMEWORK OF THE CAIXA PROGRAMME IN NICARAGUA

26/05/2008

The ETEA Foundation, through its delegation in Nicaragua, has given to the majors of Rivas, San Juan del Sur, Moyogalpa and Tola, as well as the representatives of the Municipal Development Committees and members of the public sector of the country, detailed information about the new call for projects for grants in the framework of the Caixa Programme for Local Socioeconomic Development in Rivas. These projects must be related to business and social strengthening of the private and public-private sectors.

“La Caixa” Foundation has contributed hundred thousand dollars to finance these projects. Requirements to access to financing consist of focusing on local development of Rivas, showing viability and sustainability, strengthening institutions, generating employment and making possible the association with other municipalities.

Beneficial projects (business) will have to reimburse part of the received money once the projects start to obtain benefits. In case of projects whose purpose is the strengthening of cooperatives, there is no need to reimburse money.

Project proposals can be presented until 13th June. For further information, please contact to the offices belonging the Association of districts in Rivas (AMUR) or the ETEA Foundation, located in the Community Centre of Rivas.

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