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Contributed by: RAGM
Microcredit program helps small businesses in Northern Illinois
366_548974090_3.jpgBy Narayan Murarka, chair of the microcredit committee for the Barrington Breakfast Rotary Club, Barrington, Illinois, USA For several years, microcredit projects have been helping eliminate poverty by providing small loans to poor women in developing countries. But the need isn't...2243 days ago by RAGM, Category: Microcredit
Rotary Clubs in District 5340 have joined forces to maximize the impact of microfinance for poverty reduction
356_400523026_3.jpgSince 2003, San Diego/Imperial County Rotary clubs have implemented almost 30 microcredit projects in 18 countries (including the U.S.), leveraging more than $1.5 million.  In addition to Rotary International matching grants, their collaborative, Mobilizing Rotary for Microfinance...2250 days ago by RAGM, Category: Microcredit
Our Experience Starting a Rotary Global Grant Microfinance Project
362_314517709_3.jpgMichael Rosen is a member of the Rotary Club of Bainbridge Island and the lead member of the Grant Committee for Global Grant-funded Guatemala microcredit project. April, 2013 In October 2012, the first of 11 new micro-finance "lending groups" was created in Guatemala as a result of...2262 days ago by RAGM, Category: Microcredit
Successful Multi-club Microcredit Rotary Grants
355_178232987_3.jpgFor the past eight years, Rotary District 5150 (San Francisco area) has been developing microcredit projects in South and Central America using the Rotary grants program.  At this point, thirty-six of the 39 Rotary clubs in District 5150 have participated in one or more of the...2290 days ago by RAGM, Category: Microcredit
Economic Development Requires Training before Microcredit
354_876570118_3.jpgTwo Rotary Global Grants and a third one in progress are providing business training to women (and a couple of men) who work as hawkers in the markets and scavenge in the dumps of Tegucigalpa, Honduras.  The program is called Economic Opportunity Training or EOT and it teaches goal...2294 days ago by RAGM, Category: Microcredit
Developing a Rotary Microcredit Project
353_488264454_3.jpgBy Keith Axtell, Chair on behalf of the Global Grants Committee All Rotary Clubs can now start the application process for new microcredit projects using the Rotary Global Grant Program. The following step-by step Guide can assist Rotary Clubs interested in sponsoring...2308 days ago by RAGM, Category: Microcredit
Aga Khan Foundation Canada's Seminars on Innovative Financing for Development
351_117211394_3.jpgAll RAGM members are invited to attend Aga Khan Foundation Canada's Seminars on Innovative Financing for Development, hosted in partnership with Carleton University's School of Public Policy and Administration. This series of events will explore different strategies for financing...2315 days ago by RAGM, Category: Microcredit
Canada is Hosting The Social Enterprise World Forum! October 2-4, 2013 in Calgary
350_368879689_3.jpgLeveraging Markets and Innovations to Solve Social Problems A Global Gathering The 2013 Social Enterprise World Forum (SEWF) will bring together 1,200 individuals from more than 30 countries and speakers from more than 20 countries.  Attendees will come from diverse...2316 days ago by RAGM, Category: Microcredit
Rotary program requirements - microcredit program operated by microfinance institution
349_653995248_3.jpgGuidelines for Rotary-funded Microcredit projects Produced by the RAGM Global Grants Committee Rotary clubs and Districts are encouraged to partner with established and reputable microfinance institutions (MFIs) to conduct microcredit projects.  The Rotary...2316 days ago by RAGM, Category: Microcredit
Preparing for the Future
344_508216169_3.jpg"Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment," said Buddha. This is a call for action, for service, in my opinion. But for the Rotarians to undertake projects that can change the lives of people, seeing the future is important....2339 days ago by RAGM, Category: Service Projects
Microcredit and Sustainability
342_185706403_3.jpgSustainability has become a crucial requirement for Rotary humanitarian projects funded through The Rotary Foundation. Successful microcredit projects are highly sustainable and can easily meet this Rotary requirement.  They are sustainable in three ways: financial, motivational and...2346 days ago by RAGM, Category: Microcredit
A Dialogue Through Service: Making a Difference while Making Friends
308_806216928_3.jpg ROTARIANS -- WORLD CITIZENS Chuck Root, the immediate Past District Governor of Rotary District 5110, recently posted a blog for the UN Chronicle to highlight the cooperative focus of Rotary International.  He begins, "if we are to solve the world's major...2470 days ago by RAGM, Category: Microcredit
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