The FISIQ held its second general meeting on October 7, 2020. The meeting had to take place virtually due to the coronavirus, which fortunately did not mute into a computer virus!
It is always good to try to take advantage of situations that shake up the status quo. As FISIQ members have seen, the past year has required a lot of adjustments due to the pandemic. The FISIQ continued to innovate so it could remain operational.
You can find tools on the FISIQ’s website that will help you apply for funding.
The renewed Board of Directors will hold its next meeting at the beginning of November. We are continuing our work according to our discussions—bringing Quebec delegations together in countries in which Quebec cooperation organizations that are members of the FISIQ are active, explore the possibility of creating synergies with other investment funds and see to what extent we could develop partnerships with ICAs that do volunteer cooperation.
In conclusion, we would like to thank the FISIQ’s investing members and our partners, who allow us to turn this innovative experience into potential funding for our partners in southern countries.
The Quebec International Solidarity Investment Fund (FISIQ) is an initiative of the Association québécoise des organismes de coopération internationale (AQOCI). It is a socially responsible financial tool designed to help social/solidarity-based economy businesses that are partners of Quebec international cooperation organizations (ICA). It is active in Africa, Asia, Latin America and the Caribbean.
The FISIQ is a co-financing and guarantee tool that aims to foster dialogue between social/solidarity-based economy businesses (cooperatives, mutual associations and organizations) and their local lenders in southern countries. Its objective is to expand available financing as part of existing technical cooperation programs.
The FISIQ is also a sustainable development lever for cooperatives, mutual associations and organizations of the South. It promotes community autonomy and the financial independence of women and young people and supports local financing structures.
The silver lining in difficult times is that we are forced to reinvent ourselves. Through renewal, international solidarity will become stronger. The FISIQ’s Board of Directors joins its members in its commitment to listening to needs in order to build constructive, solidary and lasting partnerships. Big solutions come from big challenges.
André Beaudoin, President of the FISIQ