Codespa America

“Conflict of interest if any such conflict of interest arises with regard to a matter requiring action of the board , the interested party shall immediately call it to the attention of the board and such person shall not vote on the matter. The fact that the officer is also a director or member of a non- profit organization that obtains or seeks funds shall not by itself be deemed a conflict of interest, when there is a doubt as to whether any conflict of interest exists, the matter shall be resolved by vote of the board of directors, exclduing the person who is subject of the possible conflict of interest. Line 11 b; management will review the 990 before filing line 19 - availability - upon request”

“No review was or will be conducted.”

“No documents available to the public”

“We are a nonprofit that alleviates poverty around the world through market based solutions. With local teams in 11 countries, we create opportunities for people to lift themselves out of poverty through their own work and talent as income producing activities, allowing them to take charge of their own development and transform the fabric of their own communities.”

“1. Promoting entrepreneurship, employment, community savings and credit groups in huaral peru. This project works in improving the economic opportunities in the vulnerable communities of huaral, by providing technical assistance and accompaniment to community members that want to either start a business, improve and make an existing business economically viable or would like to have job training and job placement. The components of the projects are the following: 1) promotion and strengthening of businss fostering entrepreneurship among women and youg adults; 2) create community credit and savings groups as a means to access capital and sustainable credit for vulnerable entrepreneurs; 3) professional formation and labor insertion for women and young adults at risk of social exclusion. The outputs of the project are: 1) at least 750 individuals of these communities are trained in business management, soft skills and entrepreneurial training; 2) at least 315 businesses are initiated or strenghtened in huaral; 3) at least 19 savings and credit groups are formed; 4) credit and savings groups operate sustainably managing loans to its members; 5) at least 150 young adults and 250 women are professionally trained and certified.”

“2. Market consolidation and small businesses development for indigenous textile artisans as a source fo alternative employment and income for vulnerable women, peru and bolivia. The project aims at the competitive consolidation of the textile production activities initiated in a previous project, continuing working in improving professional abilities for 700 aymara and quechua indigenous women in puno (peru) and copacabana (bolivia), and strengthening their small enterprises aimed to consolidate textile production and guarantee access to fashion markets. Codespa america is implementing three main components of technical assistance aimed to include final beneficiaries in further economic development and quality life improvement: 1) improvement of market access for 300 beneficiaries in peru, through certification, commercial connections and alliances with the public sector. 2) strengthening of a social enterprise in bolivia (kurmi), for the commercialization of 400 beneficiaries' products; 3) improvement for market access for 400 beneficiaries in bolivia, through product standardization, commerical connections and alliances with the public sector. Main outputs of the project will be: 100 beneficiaries, women textile artisans certified in labor competencies by the labor ministry of peru and integrated into kurmi; 90% of the beneficiaries of kurmi have improved their capacities to meet export standards, doubling their productive capacity. 400 indigenous women have increased by 30% their income related to handicrafts and textile production.”

“3. Fostering access to slow fashion textile markets for indegenous women in cauca, colombia the project is improving the technical skills and business capacities of 200 indigenous women artisans of cauca (colombia) so that the artisanal activity they perform can be community enterprise connected to fashion markets and a growing source of sustainable income for the artisan women. Codespa america is working on improving the production, design, quality and marketing processes of enredarte, a social enterprise created for and managed by these indigenous women artisans. Codespa connects them with commercial market segments that have a greater tendency to recognize the value of artisan work and the culturalidentity they represent. Specifically, the target commercial market segment of the project is the slow fashion market in the city of bogota, which is characterized by demand for unique textiles and artisanal products which are designed and made for boutique marksts rather than by mass-production for ready consumer markets. The project is strenghtening their productive techniques for textiles and crafts, reducing the quality gap that separates them from the slow fashion market. Up to date, 200 indigenous women have improved their capacity in designing and producing highly demanded garments in the local market, obtaining the professional textile certification, and accessing slow fashion markets in bogota and abroad that buy their products. Up to date, enredarte's artisans income has increased by 44%, providing economic stability for themselves and their families.”

“OTHER”

“Rounding 0 rounding -3 total -3”