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Financials

Financials

Report

Following years of socio-economic crisis and political turmoils that froze support from international donors, Fanamby's finances is back on point. In fact, once funds were frozen in 2009, Fanamby had to let go most part of the team. Overall, the hardest part was to ensure long term actions to donors in the country while long term engagements from the public were inexistant.

After validation of the final status of the protected areas in 2015, Fanamby started with a new team. It took years to rebuild trust with the local communities. Therefore, conservation and development activities really took off starting 2016. The past years have taught Fanamby not to rely on regular donors and turn more toward the private sector in supporting biodiversity conservation.

In 2018, considerable funds were provided by social enterprises as loans or as a support for conservation works through their corporate social responsibilities. This explains why the expenses are mainly focusing on social development and operational costs of the non-profit.

The support and expenses chart are available below:

Support 2018

Expenses 2018

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