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ABC Foundation, in accordance with the Mission and determined objectives, provides support in three main directions:
1. IMPROVEMENT OF THE SITUATION AND COMMUNICATION WITH THE BUSINESS
2. CAPACITY BUILDING, ESPECIALLY IN THE SECTOR OF MICROFINANCE
3. SUPPORT FOR VULNERABLE GROUPS AND THE CIVIL SOCIETY
1. IMPROVEMENT OF THE SITUATION AND COMMUNICATION WITH THE BUSINESS
ABC Foundation aims to accomplish this goal by being active within the business sector interacting in sensitive issues and of interest for the improvement of business climate. For the purposes of this goal, the Foundation will arrange meetings and consultative communications or debates with interest groups according to their sectors and specifics.
By recognizing the current developments of business community, through its collaborative initiatives, the Foundation will be more useful for the improvement of the climate of small business in Albania. In order to achieve more satisfactory results, the Foundation will make use of all possible communications with the public, state or private institutions, which are actively involved in the business sector in the country.
Taking into consideration previous experiences and needs in certain periods, some issues will be designed to be treated with the business community and especially with the microfinance actors. They can be: most recent regulations of the Bank of Albania on the supervision of non-bank financial Institutions’ activity, economic crisis and its impact on the sector of microfinance, necessary measurements for the reduction of negative impacts, consolidation of stable partnership with the community of local business in different areas of the country. It is of interest also to arrange periodical consultancy among AMA (Albanian Microfinance Association) on the activities of microfinance institutions in Albania.
ABC Foundation believes that these initiatives and their results will support and lead towards activity extension of microfinance institutions in support of business community and their current needs.
2. CAPACITY BUILDING, ESPECIALLY IN THE SECTOR OF MICROFINANCE
The ABC Foundation will support the capacity increase of private entrepreneurship in Albania, small and medium business and especially actors of microfinance sector. Capacity building will be accomplished by undertaking research oriented activities and execution of its results in trainings and promotions, consultancy, etc.
TRAININGS AND PROMOTIONS
In order to support and encourage a better performance of microfinance actors and micro crediting of different subjects and business and in order to be more efficient, the training and qualification of respective staff will remain necessary in different periods and a special goal in the activities for capacity building.Based in the determined objectives, the technical and financial support of microfinance actors for marketing, promotion and improvement of relations with public will remain an important objective in building their capacities.
STUDIES & RESEARCH
Studies and research will be orientated and developed based on substantial issues of the operation and improvement of microfinance institutions’ activities, finding out the factors that may stimulate their market expansion, on socio-economical impact of their interferences, etc.
CONSULTANCY
Technical assistance and different consultancies will be part of the support that ABC Foundation will provide to Fondi BESA sh.a and microfinance, in the benefit of their needs and a stable development.
3. SUPPORT OF VULNERABLE GROUPS
- For women and girls
- Youth, children and the elderly people
- Roma people and other ethnic groups
- Other groups
This is one of ABC Foundation’s important missions for the implementation of its strategy. In accordance with the operational capacities and as a response to the objectives for the improvement of socio-economic life, the Foundation will support even the less protected social groups of the society or vulnerable groups.The community of these layers of society will be in the focus of ABC Foundation’s efforts to improve the quality of their life and encourage their involvement in the socio-economic life in the country.These groups own unexploited development capacities, which is a phenomenon present not only in Albania. In order to revive these capacities, they need to be informed, organized, encouraged and be recognized with successful experiences. In this context, the ABC Foundation will accomplish its mission through undertaking concrete initiatives, activities and projects specifically for these groups.
Among the initiatives and projects that will be undertaken for this purpose, the Foundation will aim that these groups be more involved and active, as the remaining part of Albanian society. Information on topics of interest for these groups, support of them with funds in order to undertake a new business initiative or further develop their current business activities, would be efficient in the achievement of this goal. On the other side, strengthening of business partnerships, involvement in important national and international initiatives in business sector or socio-economical development will be the supporting platform for these groups.