Strengthening rural savings banks: boosting economic development in rural communities

On August 31, the Agrolíbano Foundation highlighted its work in economic development in 18 rural communities by strengthening 15 rural savings and credit banks. This work includes training and performance evaluation, benefiting 165 board members, of which more than 70% are women. In 2024, the Foundation will focus on improving information management, updating governing bodies, and increasing transparency to foster community trust. These initiatives contribute to several Sustainable Development Goals by promoting financial inclusion, female leadership, local entrepreneurship, reducing the gap in access to resources, governance, and collaboration with other entities.