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The Board of Directors of the Dominica Agricultural Industrial and Development Bank is pleased...

AID Bank contributes in excess of EC$100,000 to social and worthy causes

In the year under review the value of AID Bank’s corporate/social responsibility surpassed EC$100,000.00  The main recipients of the bank’s donations and sponsorships were business associations, various schools, sporting entities, community groups, the elderly and the disadvantaged.

The bank’s contribution to the education sector in 2015, impacted educational institutions from Goodwill to Savanne Paille.    The bank continued the Robert Elford Henry Scholarship for Agriculture to a student at the Dominica State College.  

The bank’s investment in Dominica’s youth included contributions for a reading-room at a pre-school in the Goodwill area, prizes and trophies for graduation at various schools, ceremonies and sports days, an essay competition and the 2015 numeracy festival.

AID Bank received high commendations for significant contributions to the Special Olympic Committee, the Dominica Infirmary Laundry Project, the Kalinago Youth Mentorship Programme and the Dominica 4H Club.

The bank adopted the Pottersville Youth Sports Academy, which comprises a promising mix of boys and girls, aged 7 to 12 from communities within Goodwill and environs. 

The bank is gratified to learn that these young persons are performing better at school through the application of discipline and other values learned on the field to the academic arena.

AID Bank responded positively to requests for the fund-raising efforts of charitable institutions including the Alpha Centre, Dominica Council on Ageing, the Dominica Cancer Society, the Lupus Foundation, and individuals needing medical care.

For the second year in a row, the AID Bank partnered with the Dominica Manufacturers Association to host engineering students from the Dayton University ETHOS Programme, in an initiative to industrialize coconut products.

For the year in review, the students’ stint involved assisting an agro-processor in the enhancement of virgin coconut oil production and working with women entrepreneurs and one secondary school involved in coconut cheese production.

In accordance with the bank’s strategic goals, it has begun directing its sponsorships to eligible organizations such as the Dominica Hotel and Tourism Association and other programmes which impact the productive and social sectors. 

As requests for donations and sponsorships exceeded what could be prudently given, in the financial year, the bank’s responses were prioritized in accordance with its strategic objectives. 

Release Date: 
Mar