The Phoenix Projects provide local regular employment for over 60 people. Sustainable employment is critical. On top of this we have recently started Plan Negocio (business) by providing seed capital to families and our graduating students for them to invest in their own business ideas; similar to micro-loans though with the money being paid back into the running costs of the schools and also a fund to provide further seed capital in the future. This was started in 2014 in Guatemala and Honduras with other Plan Negocios set to be introduced in Ecuadpr and Perú in 2018.
15 families benefit from Plan Negocio as of December 2016 meaning their children’s secondary school, college and university costs can be sustainably covered in the future. We aim to increase this to 50 families during 2017 and 2018.