Tailored for Impact: Income Generation in India
DUCA funds $25,000 project for CCFC’s 2015 Innovation Fund
TORONTO (April 28, 2015) – Today, DUCA Financial Services Credit Union (DUCA) and Christian Children’s Fund of Canada (CCFC) revealed the winning project of the second annual Innovation Fund Contest. The winning project, Tailored for Impact, aims to help women in rural India build thriving tailoring businesses by establishing and renovating household workspaces, installing necessary equipment, and building up local markets to improve sales opportunities.
“It is humbling to witness the generosity of DUCA members, who are collectively committing to support innovative projects in the developing world,” said Mark Lukowski, CEO of Christian Children’s Fund of Canada. “CCFC continues to work together with DUCA to address the growing need of creating a sustainable and safe alternative livelihood for women, through regular and reliable income generation.”
This project was selected through an online voting campaign, where DUCA members, CCFC and DUCA staff, and the general public were asked to consider four projects focused on innovative income generation at the household level, leading to improved family resources and economic growth within their community.
“The dedication and collaborative effort made by staff, members, and the community is inspiring,” said Richard Senechal, CEO and President of DUCA. “This project is a reflection of our founding principles - it is truly about our local community coming together to help provide opportunities and improved living conditions for a community in need half-way across the globe.”
This is the second project DUCA has funded through CCFC’s Innovation Fund. In 2014, DUCA members donated $25,000 towards a sustainable energy project in Northern Ghana, which furnished 100 households with solar lighting, alongside a solar-powered borehole well to provide renewable energy and clean water for the community, benefiting approximately 750 people.
For media interviews, please contact:
Keith Taylor, AVP Strategic Social Impact, DUCA Financial Services Credit Union
Bonar Bell, Communications Manager, Christian Children's Fund of Canada
DUCA Financial Services Credit Union Ltd is a member-owned co-operative financial institution established in 1954. They have a mission and vision to provide financial security for all through their bonus share program and competitive rates. DUCA offers financial services and products that include chequing & savings accounts, loans, mortgages, insurance and small business products. DUCA Financial Services Credit Union services over 42,000 members and has 15 branches throughout Ontario.
Christian Children’s Fund of Canada is a member of ChildFund Alliance, a worldwide group of 12 child-focused development organizations working in 58 countries to implement long-lasting and meaningful changes for children and families. For more than 50 years, CCFC has been helping children and families of all faiths move from poverty to self-reliance. CCFC supports children and communities in Burkina Faso, Ethiopia, Ghana, India, Nicaragua and Paraguay. Currently, CCFC has over 50,000 children sponsored, benefiting more than 500,000 people around the world.