With this delivery, the program’s economic allocation amounts to RD$95,000,000 since its first call, to co-finance 76 ASFL projects nationwide
Santo Domingo.— Cibao Association announced the winning projects of the ninth call for the José Santiago Reinoso Lora Competitive Funds for Sustainable Development 2025-2026, with an investment of RD$20 million destined to support 12 initiatives of high social impact in different communities of the country.
The selected projects respond to three strategic pillars: environmental, social, and economic, through initiatives focused on education, culture, housing, health, inclusion, food, reforestation, conservation of flora and fauna, water protection, waste classification, renewable energies, environmental education, social entrepreneurship, employability, financial education, and technology for social development, all aligned with the Sustainable Development Goals (SDGs).
José Ramón Vega, president of the Board of Directors of Asociación Cibao, highlighted that the initiative reaffirms the entity’s commitment to building collective well-being and strengthening the work carried out by Non-Profit Associations (ASFL) throughout the country. “The Competitive Funds represent a space where ideas, social commitment, and solutions to real challenges of the country converge. With this new edition, we expand our investment and continue to support initiatives that generate sustainable impact in the communities,” he expressed.
Vega also highlighted the value of the ASFLs, pointing out that their closeness to communities, their management capacity, and their vocation for service make them key allies in driving lasting changes. Likewise, he underlined the relevance of alliances between the private sector and social organizations to expand the scope and effectiveness of projects.
Within the framework of the winners’ presentation event, the conference entitled “Decalogue of private financing for ASFL” was also held, which addressed the issue of social investment as a generator of value and as a meeting point between ASFLs and the company, led by social researcher Milton Tejada, as a formative contribution for the winning entities.
With this ninth edition, the economic endowment of RD$20 million has completed an investment of RD$95 million with a total of 76 co-financed projects nationwide since 2016, positively impacting thousands of people in various communities, reflecting the expansion and scope of the José Santiago Reinoso Lora Competitive Funds Program for Sustainable Development, the financial institution’s main social investment program.
