Microfinance: Interest to Action Part 3 of 5
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WHY Engage Rotary WHY Engage Rotary ? ?
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Learn about six steps in the process of taking a microfinance project from an idea to sustainable success: identifying the initiative, choosing a microfinance institution, assessment, project design, financing, and implementation. The Rotarian Action Group for Microfinance and Community Development will help you understand the basic concepts of microfinance, enabling you to help your club assess and choose projects. Moderator: James Louttit, Chair & President, Rotarian Action Group for Microfinance and Community Development Rotary Club of Toronto-Sunrise, Ontario, Canada Learn about six steps in the process of taking a microfinance project from an idea to sustainable success: identifying the initiative, choosing a microfinance institution, assessment, project design, financing, and implementation. The Rotarian Action Group for Microfinance and Community Development will help you understand the basic concepts of microfinance, enabling you to help your club assess and choose projects. Moderator: James Louttit, Chair & President, Rotarian Action Group for Microfinance and Community Development Learn about six steps in the process of taking a microfinance project from an idea to sustainable success: identifying the initiative, choosing a microfinance institution, assessment, project design, financing, and implementation. The Rotarian Action Group for Microfinance and Community Development will help you understand the basic concepts of microfinance, enabling you to help your club assess and choose projects. Moderator: James Louttit, Chair & President, Rotarian Action Group for Microfinance and Community Development Rotary Club of Toronto-Sunrise, Ontario, Canada Rotary Club of Toronto-Sunrise, Ontario, Canada
Transcript of Microfinance: Interest to Action Part 3 of 5
WHY Engage RotaryWHY Engage Rotary??
In Africa & South AsiaIn Africa & South Asia~ 3.2 Billion~ 3.2 Billion
7 Billion
3.3 B < $2/Day3.3 B < $2/Day
2.7 Billion2.7 Billion
27 Million/Year27 Million/Year
PovertyPoverty
TheThe Rotary Foundation’s Rotary Foundation’s EffortEffort
Doing Good in the WorldDoing Good in the World…to enable Rotarians to advance
world understanding, goodwill, and peace through the improvement of
health, the support of education, and
the alleviation of the alleviation of povertypoverty
Change in Grant ModelChange in Grant Model
ANNUAL PROGRAMS FUND
50% 50%
District Designated
Fund
World Fund
SHARE
Global GrantsDistrict Grants
Other(Cash, DAF,
Permanent Fund)
50% (max) 50% (min)
New Grant ModelNew Grant ModelAchieve Sustainable Achieve Sustainable
ResultsResults
Of the 6 Areas of FocusOf the 6 Areas of Focus
PeaceConflict
Prev. & Res.
Disease Prev.
Treatment
Water &Sanitation
Maternal & Child Health
Basic Ed& Literacy
EconomicComm. &
Dev
Why Microfinance?Why Microfinance?
40 Clean Water Wells – 600’ to 1000’ 40 Clean Water Wells – 600’ to 1000’
Water & SanitationWater & Sanitation
New Source of WaterNew Source of Water
400400 Eco – ToiletsEco – Toilets One Per Joint FamilyOne Per Joint Family
Have InstalledHave Installed
Health Care CampsHealth Care Camps
Disease Prevention & Treatment
Maternal & Child Health
Providing PeriodicProviding Periodic
RecipientRecipient
Economic & Community Development
10,000 Fruit Trees10,000 Fruit Trees
Have PlantedHave Planted
Built RoadsBuilt Roads
Economic & Community Development
Electric PolesElectric Poles
Have ProvidedHave Provided
Adult LiteracyAdult LiteracyInitial First Step!Initial First Step!
Basic Education & LiteracyBasic Education & Literacy
Education In Bengali, English & Education In Bengali, English & AccountingAccounting
Vocational Training For Vocational Training For Mothers Mothers
Economic & Community DevelopmentMDG #3
Providing Earning CapabilitiesProviding Earning Capabilities
Loans to Women OnlyLoans to Women Only
Microfinance Program Microfinance Program
$100/Tailor$100/Tailor
$75/Dozen Chicks
A Lot of Oversight!A Lot of Oversight!
Deepa Walking the VillageDeepa Walking the Village
Jayanta’s Warning!Jayanta’s Warning!
At PiyaliAt Piyali
Micro finance integral part of…Micro finance integral part of…
Creating This Image Creating This Image For Our Planet!For Our Planet!
