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Calgary Microcredit Conference 2011
Category: Microcredit | By CMC-2011, 25-Apr-2011 | Viewed 9529  Comments 0
For nearly 30 years businesses with a social purpose — feeding the poor, providing clean water, educating those who might otherwise be deprived of an education due to cost, malnutrition, deformity, etc. have been quietly growing in the back ground. They have moved however into the foreground with the work of Dr Mohammad Yunus, especially through his book Building Social Business: The New Kind of Capitalism That Serves Humanity's Most Pressing Needs.

Calgary Microcredit Conference


Danish Canadian Club of Calgary, 727-11th Avenue SW, Calgary, Alberta, Canada

Date & Time

1 Oct 2011 8:00 am to 4:00 pm


Admission fees are $90.00 per person

Click here to register...

Social Business is a profitable business in which the dividends instead of accumulating to the benefit of the shareholders are used for socially redeeming causes. Sustainability of the business and the favourable impact on people or the environment are key measures of success.

Yunus describes in his book several companies including Dannon Yogurt, Veolia water, BASF, Intel and Adidas shoes that have joined with Grameen Bank to generate profits that are used for improved social conditions. Yunus argues compassionately that philanthropic donations will flow into funding businesses that become self sustaining and which eventually flow their profits into worthwhile causes. Newman's Own, to use a non Grameen example is a Social Business that has generated over $300 million for charity. 

Come to the 1 October 2011 Calgary Microcredit Conference entitled Microcredit & Beyond - the Emergence of the Social Business if your interest is tweaked by the idea of hitching the tremendous working power of business to a proven poverty alleviation program. Learn how Social Business is set up, what to expect and how to measure the positive social change which inevitably occurs. View local and international examples of successful Social Business. This step which stands on the shoulders of successful microcredit programs has its roots in entrepreneurism but its branches reach everywhere.

Learn about how funding sources such as Credit Unions view the potential in Social Business. It you wanted your company to become involved what would be the rewards and how would you measure success? The answers to these and many probing questions will be provided at the Seminar. Included in the $90 entrance fee, besides a tasty lunch with day long coffee / drinks will be exposure to six different booths with attendants focusing on Social Business and how one can become engaged.


District 5360 Microcredit Task Force

District 5360 Microcredit Task Force
According to the experts a good mission statement asks the question if this organization didn't already exist why would it be created? The purpose of the Rotary District 5360 Microcredit Task Force (MTF) is to bring together funding, education and general communication about Microcredit. Rotarians, family and friends of the Microcredit method of alleviating poverty are the audience and major users of the MTF. Over the years the MTF has brought to Microcredit programs more than $1 million often in the form of matching grants. This work has been done in conjunction with organizations such as Opportunity International, Foundation for Women — Liberia, MEDIC and FINCA. The District 5360 Microcredit Task Force is a sub committee of the Rotary District's 5360 World Community Service. 

Rotarian Action Group for Microcredit

Rotarian Action Group for Microcredit
The Rotarian Action Group for Microcredit (RAGM) was born out of a strong Rotarian desire to join in the alleviation of poverty through the use of microcredit (including its many sub branches such as micro-insurance, micro- schools and micro-savings). 

The Rotarian Action Group for Microcredit (RAGM) is Rotary's official microcredit vehicle. Its mandate is to help Rotarians improve humanitarian service through microcredit by providing to Rotarians: education, coordination, motivation and communication. 

Continued growth in RAGM membership and the nearing completion of RAGM's 2010 goal of a $200,000 fundraising project for the Foundation For Women - Liberia are milestones of success. 

The Rotary Convention in Birmingham was a highlight in the RAGM microcredit 2008-09 Rotary year when 800 attended the microcredit workshop. Also, a new Rotary led microcredit group in D7070 hosted a microcredit workshop in Toronto that attracted 300 people. 

A Rotary Project Fair in Antigua, Guatemala in January 2010 attracted 100 delegates to the featured microcredit seminar. RAGM board members and other supporters have made microcredit presentations to clubs, conferences and Rotary (Zone) Institutes. 

Rotarians are now regularly working with microcredit and several districts such as D5360 have appointed Microcredit Task Forces to be a district resource and host an annual seminar. 

The significance of Rotarians using microcredit can be seen when pondering that there are more than 33,000 Rotary Clubs around the world with 1.2 million Rotarians, which are collectively generating annually hundreds of thousands of service projects. 

The correctness of this decision of Rotarians to pursue poverty alleviation through microcredit has been upheld as microcredit has become the largest single anti-poverty tool known to mankind.

Fig Tree Foundation

Fig Tree Foundation
Through initiatives that promote awareness, dialogue and collaboration,  the goal of the Fig Tree Foundation is to support and empower existing development organizations through three focus areas: development awareness, collaboration and endowment giving.

Fig Tree's Roundtable is a forum for local non-governmental organizations to meet, exchange experiences and explore collaborative opportunities through dialogue. It is an opportunity to research and discuss issues that plague the developing community and to search for solutions that ensure sustainability and efficacy in the global community.

Fig Tree's Endowment Fund assists International Development Agencies in projects that demonstrate collaboration and sustainability. It offers support for those who are willing to seek the best potential return on every dollar raised, as measured by the net positive impact on the lives of communities in need.

Upholding the value of cost-effective and sustainable development practices, the Fig Tree Foundation relies solely on volunteerism and stewardship from private and corporate citizens, enriching communities both here and abroad. 

"Many people in developing countries do not need a hand out, they need a hand up. Micro-credit is a way of providing that hand up, and means of restoring dignity among those impoverished looking for a way up. I hope you have a great conference."
- Rotary District 5360 Governor 2010 - 2011, Al Bergsma
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