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{{update|date=December 2013}}
{{update|date=December 2013}}


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The '''Jamaica Social Investment Fund''' was established in 1996 as a component of the Government of Jamaica's national poverty alleviation strategy. It was designed to channel money - through loans and grants - into some of the island nation's small-scaled community based projects.<ref name="about_JSIF">{{cite web|author=MIS Web Team, JSIF|publisher=Jamaica Social Investment Fund|year=2008|accessdate=2008-07-23|title=About JSIF|url=http://www.jsif.org/about_jsif.asp|archive-url=https://web.archive.org/web/20080704185113/http://www.jsif.org/about_jsif.asp|archive-date=2008-07-04|url-status=dead}}</ref> It is a temporary organization, originally intended to run until 2000, but presently has agreements that it will continue until 2013.<ref>{{cite web|author=Staff|publisher=Government of Jamaica|date=June 1996|accessdate=|title=Jamaica Social Investment Fund, Operational Manual|format=PDF|url=http://www.worldbank.org/html/fpd/water/rwsstoolkit/material/jamaica.pdf}}</ref>

== Jamaica Social Investment Fund (JSIF) ==
The Jamaica Social Investment Fund (JSIF) is a government agency established in 1996 as part of Jamaica’s national poverty alleviation strategy. It operates as a limited liability company under the Company’s Act of Jamaica<ref>{{Cite web |title=Jamaica Social Investment Fund (JSIF) |url=https://www.jampja.org/agency/jamaica-social-investment-fund-jsif/ |access-date=2024-09-25 |website=JAMP |language=en}}</ref>. The primary mission of JSIF is to mobilize resources and channel them into small-scale, community-based projects aimed at improving social and economic conditions in underserved communities across Jamaica<ref name=":0">{{Cite web |title=Jamaica Social Investment Fund (JSIF) – Jamaica Information Service |url=https://jis.gov.jm/government/agencies/jamaica-social-investment-fund-jsif/ |access-date=2024-09-25 |language=en-US}}</ref>.

==== Objective ====
JSIF’s main objectives include:

* '''Infrastructure Development''': Building and improving roads, water supply systems, schools, and health facilities to enhance community infrastructure<ref name=":1">{{Cite web |title=Home {{!}} Jamaica Social Investment Fund (JSIF) |url=https://www.jsif.org/ |access-date=2024-09-25 |website=www.jsif.org}}</ref>.
* '''Education and Training''': Providing educational resources and vocational training to enhance community skills and employment opportunities<ref name=":1" />.
* '''Health and Sanitation''': Implementing projects to improve public health and sanitation facilities<sup>3</sup>.
* '''Community Empowerment''': Supporting initiatives that empower communities to take charge of their development and improve their quality of life<ref name=":1" />.

==== Funding and Projects ====
JSIF provides funding through loans and grants. Communities can apply for support by submitting project proposals. The fund has supported numerous projects, including the rehabilitation of schools, construction of community centers, and development of agricultural infrastructure<ref name=":0" />. Some notable projects include:

* '''Integrated Community Development Project (ICDP)''': Focuses on improving infrastructure and services in targeted communities<ref name=":1" />.
* '''Rural Economic Development Initiative (REDI)''': Aims to enhance agricultural productivity and rural tourism<ref name=":1" />.
* '''Community Electrification Programme''': Provides legal connections to electricity for underserved communities<ref name=":1" />.

==== Governance ====
JSIF is governed by an eleven-member Board of Directors drawn from a wide cross-section of the Jamaican society. Directors are appointed for a renewable two-year term. The Board is chaired by the Director General of the Planning Institute of Jamaica (PIOJ), and the Managing Director of JSIF is an ex-officio member<ref name=":0" />.

==== Impact ====
Since its inception, JSIF has played a crucial role in reducing poverty and improving living conditions in many Jamaican communities. Its projects have positively impacted thousands of lives by providing better access to essential services and fostering community development<ref name=":0" />. The fund’s efforts have been recognized both locally and internationally for their effectiveness and sustainability<ref name=":0" />.

For more information, you can visit the <ref name=":1" />.
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==See also==
==See also==

Revision as of 01:06, 25 September 2024


Jamaica Social Investment Fund (JSIF)

The Jamaica Social Investment Fund (JSIF) is a government agency established in 1996 as part of Jamaica’s national poverty alleviation strategy. It operates as a limited liability company under the Company’s Act of Jamaica[1]. The primary mission of JSIF is to mobilize resources and channel them into small-scale, community-based projects aimed at improving social and economic conditions in underserved communities across Jamaica[2].

Objective

JSIF’s main objectives include:

  • Infrastructure Development: Building and improving roads, water supply systems, schools, and health facilities to enhance community infrastructure[3].
  • Education and Training: Providing educational resources and vocational training to enhance community skills and employment opportunities[3].
  • Health and Sanitation: Implementing projects to improve public health and sanitation facilities3.
  • Community Empowerment: Supporting initiatives that empower communities to take charge of their development and improve their quality of life[3].

Funding and Projects

JSIF provides funding through loans and grants. Communities can apply for support by submitting project proposals. The fund has supported numerous projects, including the rehabilitation of schools, construction of community centers, and development of agricultural infrastructure[2]. Some notable projects include:

  • Integrated Community Development Project (ICDP): Focuses on improving infrastructure and services in targeted communities[3].
  • Rural Economic Development Initiative (REDI): Aims to enhance agricultural productivity and rural tourism[3].
  • Community Electrification Programme: Provides legal connections to electricity for underserved communities[3].

Governance

JSIF is governed by an eleven-member Board of Directors drawn from a wide cross-section of the Jamaican society. Directors are appointed for a renewable two-year term. The Board is chaired by the Director General of the Planning Institute of Jamaica (PIOJ), and the Managing Director of JSIF is an ex-officio member[2].

Impact

Since its inception, JSIF has played a crucial role in reducing poverty and improving living conditions in many Jamaican communities. Its projects have positively impacted thousands of lives by providing better access to essential services and fostering community development[2]. The fund’s efforts have been recognized both locally and internationally for their effectiveness and sustainability[2].

For more information, you can visit the [3].


See also

References

  1. ^ "Jamaica Social Investment Fund (JSIF)". JAMP. Retrieved 2024-09-25.
  2. ^ a b c d e "Jamaica Social Investment Fund (JSIF) – Jamaica Information Service". Retrieved 2024-09-25.
  3. ^ a b c d e f g "Home | Jamaica Social Investment Fund (JSIF)". www.jsif.org. Retrieved 2024-09-25.