MERN and The Revolving Fund Mechanism

MERN and The Revolving Fund Mechanism

December 11, 2024

This #WinningWednesday, we turn to Win Nyunt, a local champion of the Small Grants Programme by the ACB (SGP) in restoring the mangrove forest in the buffer zone of Meinmahla Kyun Wildlife Sanctuary (MKWS), one of the ASEAN Heritage Parks in #Myanmar.🌱🦆🐖🦀
With the help of the SGP grantee MERN Myanmar, Win and other representatives from 11 villages formed the central revolving fund management committee which oversees the selection, distribution of grants, and monitoring of the supported livelihood projects on crab fattening and duck and pig-raising among the local communities adjacent to MKWS. Beneficiaries of the revolving fund will repay within the year, while the profit earned will be used for enrichment planting and gap planting activities to restore the mangroves in MKWS.
After the SGP implementation in MKWS, 193,770 seedlings of 18 mangrove species in community nurseries were grown while a total of 441 households benefitted from the livelihood activities. Read more about how the SGP #CommunityHeroes use their #smallgrants to achieve #bigimpactshttps://www.aseanbiodiversity.org/…/cultivating-a…/
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The SGP is an initiative supported by the #KfW Development Bank to sustain biodiversity and support the livelihoods of local communities within and around select AHPs in Indonesia, Myanmar, and Viet Nam.
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