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UNDP/chemical company team up to fight poverty

A Senegalese chemical company, Industries Chimiques du Senegal (ICS), has teamed up with the UN Development Programme office in Senegal to launch a poverty reduction programme. Under the agreement, ICS will offer loans to small business entrepreneurs, particularly women and young people, as well as offer sub-contracts to others, the UNDP web site reported on Friday. The company will also assist UNDP in providing training to selected small businesses. The programme, which will take place in suburbs of the capital Dakar, will receive US $240,000 per year from ICS, UNDP said.

This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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