Caribbean Regional Update Winter 2021
Partners Worldwide network over the past few months have trained 75 business owners from 5 different LCIs. We provided loans to LCIs that have the capacity to reinforce their members through access to capital. For the next few months, we are looking at adding two training partners so that more people can benefit from training to grow their business. Haiti’s economic and political situation remains uncertain with tension around the presidential transition. Let’s pray for God to give wisdom and self-sacrifice to the political leaders.
Trinidad and Tobago
Trinidad and Tobago’s economy contracted sharply in the second and third quarter of 2020 amid social distancing measures. Some restrictions were lifted in October 2020, including the reopening of gyms, cinemas, casinos and theaters at 50% capacity, boding well for recovery in the fourth quarter. The economy will be depressed this year as COVID-19 spreads both infection and uncertainty, hampering activity in the process. Partners Worldwide, in partnership with NCB, successfully implements trainings targeted to more than 25 Christian business owners to successfully thrive amidst the crisis through recurring revenue models, cash flow management, and e-commerce tools to move their business to the digital space, with the aim of providing them with relevant knowledge and strategies to adapt to the circumstances of the global economy.