Climate finance isn't working for Indigenous Peoples. This must change
Indigenous climate activist Helen Biangalen-Magata weighs in on the urgent need to rethink how development finance supports communities like hers.
Don Lolo has been growing coffee on the slopes of El Playón in Honduras for over fifty years. Now, thanks to support from IFAD’s Rural Poor Stimulus Facility, he's using an online banking app to apply for loans, manage savings, and reach new buyers.
Rural savings banks are a lifeline for small rural communities in Honduras, allowing small-scale farmers like Don Lolo to save and plan for the future. Sixty-six banks have benefited from the programme, which launched the app and provided bank members with tablets and training.