Homes of Hope: Deriv Paraguay's journey to empower underserved communities
June 06 2024 - 3:30AM
Homes of Hope: Deriv Paraguay's journey to empower underserved
communities
Deriv is a leading online trading platform with a 25-year legacy of
trust, innovation and service. This legacy extends to a commitment
towards social responsibility, with active support for initiatives
focused on environmental conservation and uplifting underprivileged
communities. To mark Deriv’s 25th anniversary, the company plans to
launch a series of CSR initiatives aimed at driving meaningful
social betterment.Deriv partnered with TECHO, a youth organisation
in Paraguay, to provide housing solutions to underserved
communities in the San Francisco Settlement, just outside of
Asunción.
For over six months, Deriv has dedicated its
efforts to the construction of 10 new houses for families in dire
need. The initial planning phase, now complete, saw Deriv lead on
the timeline for construction of the houses as well as identifying
communities, families most in need and allocation of resources. The
comprehensive plan details logistics, including material
procurement, transportation, and implementing stringent safety
protocols for seamless project execution.
In addition to housing construction, Deriv is
committed to improving the community's overall quality of life and
future prosperity. Initiatives include providing access to
technology like laptops, hosting community forums, and offering
mentorship and training programs.
Sebastian Perez, the head of Deriv Paraguay’s
office, shared insights into the project's early stages, “Deriv
employees were paired with TECHO employees to interview the
families; this experience hit home for many as they were met with a
new sense of admiration for what the families were going through.
With this project, we hope to improve the quality of life of the
communities in need.”
Ian Insaurralde, a TECHO spokesperson, reflected
on the collaboration’s goals, stating, “Our main purpose is to
overcome and bring opportunities to families living in poverty in
Latin America and the Caribbean. By working with Deriv, we have
been able to help assess the community’s needs, develop an action
plan, and provide them with the tools to improve their quality of
life and transform their communities.”
The initiative officially commenced in April,
with the Deriv team in Paraguay working alongside TECHO to conduct
detailed assessments of approximately 400 households within the
neighbourhood. This evaluation focused on economic backgrounds,
household sizes, and existing housing conditions, identifying those
in urgent need of assistance and formulating a targeted support
strategy.
For additional information about this project
and other corporate social responsibility initiatives, please visit
Deriv Life and the company website.
About Deriv
For 25 years, Deriv has been committed to making
online trading accessible to anyone, anywhere. Trusted by over 2.5
million traders worldwide, the company offers an expansive range of
trade types and boasts over 200 assets across popular markets on
its award-winning, intuitive trading platforms. With a workforce of
more than 1,300 people globally, Deriv has cultivated an
environment that celebrates achievements, encourages professional
growth, and fosters talent development, which is reflected in its
Platinum accreditation by Investors in People.
PRESS CONTACTpr@deriv.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/d879ea3b-52d5-4dd5-a7ac-3f75f937b610