Mobilizing Rotary for Microcredit

MRM

RotarianRotary Club in San Diego

Microcredit

Is The Gift that keeps on giving

“Capitalism, it turns out, can achieve what charity and good intentions

sometimes cannot.”

Nicholas Kristof & Sheryl WuDunn in Half The Sky, Turning Oppression into Opportunity for Women

Worldwide

The Grameen Bank story:

Professor Dr. Mohammad Yunus Founded Grameen Bank, Bangladesh, 1976 Nobel Peace Prize in 2006 Began with $27 loaned to 42 women

• to buy straw to make baskets Over US$7Billion loaned, over 7million borrowers ~ 5% borrowers move out of poverty each year Repayment rate better than 95% Mostly women borrowers; children beneficiaries Creating, supporting Entrepreneurs & Future

Leaders

Microcredit & Rotary Int’l

Eliminating poverty through the provision of microfinance

Help Rotary Clubs launch more microcredit projects, capitalizing on Rotary’s unique strengths

Rotary Clubs & MRMwe need your continued participation

Brawley El Camino Real La Mesa Rancho Bernardo Sunrise

Calexico Encinitas La Mesa Sunrise Rancho Santa Fe

Camp Pendleton Encinitas Coastal Lemon Grove San Diego (Club 33)

Carlsbad Escondido Mission BaySan Diego Downtown Breakfast

Carlsbad Hi-Noon Escondido East Mission ValleySan Diego Uptown Sunrise/Mid City

Chula Vista Escondido Sunrise National City San Luis Rey/Oceanside

Chula Vista Sunrise/Bonita Fallbrook Oceanside San Marcos

Coronado La Jolla Old Mission Shelter Island

Del MarLa Jolla Golden Triangle Point Loma Southeast San Diego

Del Mar-Solana Beach Sunrise

La Jolla New Generations Ramona Torrey Pines La Jolla

El Cajon Noon La Jolla Sunrise Rancho Bernardo  

MRM results

Total funds raised since 2003:

over $1.2 million

Microcredit projects byRotary Clubs in District 5340

Rotary Year

Country, $$$ raised in our District

Rotary Club(primary sponsor)

2003/04 India $20,000 8 Rotary Clubs

2004/05 S. Africa $25,000Zambia $15,000Ecuador $18,000Afghanistan $37,000

La JollaLa Jolla SunriseLa Mesa SunriseEncinitas Coastal

2005/06 Ecuador $20,000India $25,000Niger $24,000

La Mesa SunriseLa Jolla SunriseLa Jolla Sunrise

2006/07 Uganda $25,000India $13,000Sri Lanka $25,000

San MarcosDelMar/SolanaB SunriseDel Mar

Microcredit projects byRotary Clubs in District 5340

Rotary Year

Country, $$$ raised in our District

Rotary Club (primary sponsor)

2007/08 Liberia $24,000Zambia $24,000Ecuador $18,000Kenya $24,000Ghana $600,000

La Jolla SunriseLa Jolla SunriseLa Mesa SunriseSan Diego (33)MRM

2008/09 Nepal $25,000Mexico $69,000Ecuador $18,000

EncinitasSan Diego (33)La Mesa Sunrise

2009/10 Liberia $200,000 La Jolla, MRM

2010/11 Honduras $2k, Uganda $5k, Zambia $10k, India $10k, Niger $10k

La Mesa, Club 33, La Jolla Sunrise, Golden Triangle

International Collaborations2006/2007 Ghana Total $600,000

Funds: San Diego District 5340 MRM ($50,000), Rotary District in Calgary, San Diego-based Foundation,Bill & Melinda Gates Foundation

NGO: Opportunity International

2009/2010 Liberia Total $200,000

Funds: San Diego District 5340 MRM, Rotary District in Calgary, Rotary District in Alaska Feed the Hungry Foundation

NGO: Foundation for Women in Liberia

Opportunity International

Videos from Opportunity International 1) microcredit and microfinance in

operation (click) 2) images from around the world.

How our support of microfinance is needed (click2)

Microcredit in LiberiaFoundation for Women in Liberia

Microcredit in Liberia

Microcredit in LiberiaMicroloan Borrowers

Microcredit in LiberiaMicroloan Beneficiaries

Microcredit in ZambiaPower of Love Foundation

Microcredit in ZambiaMicroloan Borrowers

Microcredit in Zambia Microloan Beneficiaries

Microcredit in Mexico Financiera de Esperanza

Chilapa, Guerrero, Mexico Host Rotary Club in Chilpancingo June 2010: Total five loan officers. 2095 borrowers

at end of April. Farm animals: raising chickens to sells eggs in the area;

raising goats to sell milk; raising pigs for meat to sell; Community sewing projects. seamstress; buying;

a collaboration of four women to make elaborate dresses to sell to wealth women in Chilapa

Handicrafts, shoes, candles, tortillas, flowers

Microcredit in Mexico Microloan Borrowers

Microcredit in Mexico Microloan Borrowers

Alam & Xochitl with Indigenous Center Meeting

Microcredit in Mexico Leaders’ Training Session

2010/2011 Microcredit projects

Honduras (La Mesa Sunrise) $2k Uganda (San Diego) $5k India (La Jolla Sunrise) $10k Zambia (SD/Chula Vista) $10k Niger (Golden Triangle) $10k

Videos from our District website

Miracles of Microcredit

http://www.rotary5340.org/international/microcredit.html

Rotarians Action Group on Microcreditwww.RAGM.org

Introduction to Microfinance/Microcredit www.WhyMicrofinance.com

Thank you & Questions

Rotary Clubs & MRMPlease join us, we need YOU

Brawley El Camino Real La Mesa Rancho Bernardo Sunrise

Calexico Encinitas La Mesa Sunrise Rancho Santa Fe

Camp Pendleton Encinitas Coastal Lemon Grove San Diego (Club 33)

Carlsbad Escondido Mission BaySan Diego Downtown Breakfast

Carlsbad Hi-Noon Escondido East Mission ValleySan Diego Uptown Sunrise/Mid City

Chula Vista Escondido Sunrise National City San Luis Rey/Oceanside

Chula Vista Sunrise/Bonita Fallbrook Oceanside San Marcos

Coronado La Jolla Old Mission Shelter Island

Del MarLa Jolla Golden Triangle Point Loma Southeast San Diego

Del Mar-Solana Beach Sunrise

La Jolla New Generations Ramona Torrey Pines La Jolla

El Cajon Noon La Jolla Sunrise Rancho Bernardo