Diamonds are not only brilliant creations of the earth that shed light on the forces at work beneath our feet, they can also provide a way out of poverty. According to the World Bank, nearly half the world’s population lives on less than $5.50 a day – struggling to meet basic needs. DDI’s Power of Diamonds Initiative works to harness the capacity of diamonds to provide a way out of poverty in countries with alluvial mining, by empowering cooperatives of artisanal and small-scale miners.
JOIN ONE OF A KIND JOURNEY
The Power of Diamonds Initiative relies on a One-To-One funding model that matches cooperatives with donors. Each cooperative is different. Each has its own unique story and character. As donor, you will have an exclusive front row seat of the cooperative’s trials and tribulations with the help of near real-time progress reports. The cutting-edge monitoring system is accessible on any electronic device through a password protected web-portal.
In joining the Power of Diamonds Initiative, all cooperatives embark on a journey to sustainability. Each cooperative submits a business plan that describes how it will implement DDI’s Maendeleo Diamonds Standards (MDS) to ensure the ethical and traceable production of diamonds, as well as achieve financial autonomy.
PROVIDE HAND UP TO A BRIGHTER FUTURE
Synthetic diamonds manufacturers have been attacking artisanal mining, claiming that “Unlike earth-mined diamonds, our grown diamonds are created without negatively harming native communities, society, or the Earth.” Evidently aware that putting artisanal miners out of work may seem heartless, the manufacturers have a reactive corporate social responsibility strategy that sees them contributing to community projects, such as orphanages.
In contrast, the Power of Diamonds Initiative works to proactively address problems issues and empower artisanal and small-scale miners to pull themselves out of poverty. Your donation will not only provide miners a brighter future, but also their families and communities.
MABOF COOPERATIVE, SIERRA LEONE
The Mabof cooperative is a joint artisanal diamond-mining venture of Fandehun and Ndorgboi – two communities located in Sierra Leone with a combined population of approximately 1800 people. Founded in 1995, the cooperative was originally a community development and advocacy social club known locally as “Home Promoters”. Over the years, the organization has implemented several community development initiatives, including a financial loan scheme. With the support of DDI, the group began to formally operate in 2017 as a licensed artisanal diamond mining cooperative to harness the power of diamonds. It also developed a business plan to achieve MDS and sustainability.
Sierra Leone has one of the highest poverty rates in the world. DDI’s Power of Diamonds Initiative provides cooperatives of diamond miners like MABOF the means to pull themselves out of poverty, and secure a brighter future for their families and communities.