Foundation Fact
29) This week's Rotary Foundation Thought is about a matching grant that has helped turn waste into profit for Philippine coconut farmers.
With the aid of a Foundation matching grant, the Livelihood Project
gives local farmers the supplies and labor to turn wasted coconut husks
into "coconets", which have environmental and economic benefits for the
community. The project increased employment levels for women and out of
school youth while reviving the local coconut industry. Coconut husks,
which are a huge source of agricultural waste, are now used to make
coconets which help provide an environmentally friendly solution to land
erosion and degradation. Another husk byproduct, coconut dust is used
as a soil enhancer and organic fertilizer. This is an example of how The
Rotary Foundation is helping smaller communities throughout the world
and is ensuring that economic growth reaches the poorer communities.