Life Fund means Livelihood Intervention Through Financing and Entrepreneurship.
A project for the reconstruction of the economic and social fabric in some of the provinces of the Philippines most affected by Typhoon Haiyan; Life Fund has multiple partners, uses many tools and integrates many layers of intervention. It was activated thanks to the resources made available by several parties: the investors from Etimos Fund (the specialised investment fund of the Etimos network), the Italian Episcopal Conference, the private donors who participated in a crowdfunding campaign launched by Etimos Foundation.
In the Philippines Etimos has leveraged the post emergency response experience it has gained over the last 15 years in different contexts: from the Balkans to Sri Lanka, from the Congo to Italy. We have learned that credit, supporting the microeconomy and job creation are fundamental in a reconstruction perspective and in the medium and long term. We are convinced that, right after the most acute phase of the emergency, it is possible to transform at least part of the flow of solidarity and humanitarian aid into job opportunities and income for thousands of families.
Life Fund contemplates the following actions:
Our local partner in the implementation of the various interventions is Append: Alliance of Philippines Partners in the Enterprise Development. Append is a network made up of 8 local NGOs, which brings to the table many strengths: