Remittance Projects by Alphabet
Dairy cow investment for Overseas Filipinos
The project offers an alternative investment vehicle for pushing the local dairy industry in the countryside of the Philippines. It consists of a milk-feeding and breeding program. ERCOF wishes to reduce rural poverty by building rural communities on a demand-driven basis. The dairy value chain employs idle land and under-employed farm labour to create high-value products by migrant investments in water buffaloes and cattle.
DiasporaLink promotes transnational Diaspora entrepreneurship through a web platform providing: meeting places, knowledge building, finance catalogue and financial services. It contributes to the development impact of EU-based Diaspora organisations on home economies and Diaspora community development by providing info on regional development and investment objects and secure savings.
Economic Initiatives and Migration Program (PMIE)
The project aims to facilitate the implementation of economic projects by migrants. Through assistance to overcome technical, financial and administrative management difficulties for migrant investors, the project contributes to entrepreneurship in French-speaking countries in Africa.
In Hobiganj, Bangladesh, a migrant’s family has set up a business focused on producing fish for farmers in the surrounding areas for eventual off-set at the market. The hatching production process is organized by the migrant’s family, which was made possible through remittances. The project started as a family business, and now employs 20-40 people from the community year round.
India Development Foundation for Overseas Indians
India Development Foundation of Overseas Indians (IDF-OI) is a not-for-profit trust registered by the Ministry of Overseas Indian Affairs, Government of India, to provide a window for Overseas Indian Philanthropy in India’s Social Development. The objective of the Foundation is to facilitate philanthropic activities by Overseas Indians through innovative projects and instruments such as micro credit for rural entrepreneurs, self help groups for economic empowerment of women, best practice interventions in primary education and technology interventions in rural health care delivery.