La Dominican Development Foundation (FDD) held its annual award to outstanding microenterprise entrepreneurs, within the framework of its 55th assembly, in which the members of the institution’s Board of Directors were elected for the period 2022-2023.
The central speech was given by Amelia Reyes Mora, outgoing president, who in her report presented to the partners the strategies implemented during 2021, a year that was one of reactivation and transformation of companies. “Our credit programs focused on the commercial reactivation of the benefited borrowers, bringing us closer to their immediate needs, new projects, change and adaptation of commercial activity, business resilience and innovative investments.”
Reyes Mora, the third woman to assume the presidency of the FDD, added that, “During our term as president of the Council, we experienced great challenges and satisfactions. In a singular way, we lived the best year of the FDD, 2019 with the best results in five decades, in contrast, we also suffered the saddest year for the institution, 2020”. Micro-businesses were disproportionately affected by the pandemic. Many experts feared the collapse of microfinance institutions. However, the effort of a team that worked tirelessly and the resilience of the clients, showed that it was possible to succeed”.
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The group of businessmen that will continue to hold responsibility on the Foundation’s board for the period 2022-2023 is made up of: María Virginia Elmúdesi, president; Ramón Franco Thomen, Vice President; Susanna Reid, secretary; Jean Paul Quiroz, treasurer; María Del Carmen Ramos, deputy secretary; María Del Pilar Cañas, vice-treasurer; Carlos J. Camilo, Robinson Bou, Lil Esteva, Tomás Martínez Peguero and Eduard Gottschalk, vocals.
Upon assuming the presidency of the FDD, María Virginia Elmúdesi said that for the new Council it is a privilege and a challenge to continue promoting the commitment of the institution. “The pillars of our management will rest on guaranteeing sustainability over time, being competitive to serve customers effectively, and good environmental management. In addition, we will continue to carry out projects jointly with institutions whose mission is to make positive changes in our country and we will continue to promote education and social support”, she indicated.
The board of the FDD reiterates its commitment to the development of the country thanks to the support of professionals and businessmen with high social sensitivity, who donate their time and economic resources to offer an opportunity to progress and provide a decent life for more than a million Dominicans. poor, excluded from the traditional financial system.
During the event, Mrs. Keyla López was recognized as an enterprising woman and Mr. Ramón Mayí as outstanding businessman of the year, both selected for their good performance and for being examples of economic self-realization through their businesses, with which they generate growth economy and jobs, becoming an important part of the development of our country.
The Board of Directors of the FDD recognized the outgoing president Amelia Reyes Mora for her valuable contributions as a member of the institution for 14 years and her role as president during the period (2018 – 2022).
Pedro O. Gamundi, member of the council of past presidents, and María Virginia Elmúdesi, new president of the FDD, presented the plaque to Amelia Reyes Mora, highlighting her leadership, contribution of knowledge, dedication and unconditional dedication of time, to favor of the development and progress of thousands of Dominicans.
At the end of the activity, a cocktail was offered in which businessmen, members of the press, winners and partners of the entity shared to celebrate more than five decades of history.
