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D-1157
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Colombia - Sogamoso
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Community Banks of Rotary
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$25,000
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 It is looking to support the invigoration of an organizational architecture of Microfinances, able to recover the right to work, facilitating the access to training and fair credit and assuring the self-employ.
The microcredit is without a doubt a technical and quantifiable option to reduce the poverty, propitiating opportunities worthy of development - through this project - to 60 women head of the household (220 people) of vulnerable sectors of the east of Colombia (Sogamoso) who survive with less than 1,3 dollars per day. It is through the creation of a rotational fund of loans - microcredits that they will be able to develop own productive units (small business) to contribute with the family economy; the beneficiaries will be trained in topics of basic administration and they will be guided along the validity of their credits.
The present project will have as purpose to finance the productive activities of the poorest and vulnerable population, represented in credits with low rates guided to strengthen the socio-economic development, looking for the employment generation and the improvement of the quality of life of the community of this region of Sogamoso. This is a project self-sustained in the time and it is based on successful corporate experiences according with the regulations of the Colombian legislation. |
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Primary Host Partner in the Project Country
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Primary International Partner Outside the Project Country
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Proposed Financing
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Primary Host Sponsor Rotary Club/District |
Rotary Club of Sogamoso | $2,000 |
District 4290 DDF | $1,000 |
Additional Rotary Clubs/Districts |
International Sponsor Club | $13,334 |
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Amount requested from the Rotary Foundation
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$8,666
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Total
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$25,000
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Status and Progress Information
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Need $13,334
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 We are looking for a Club partner. Click here to pledge support for this project. For questions, please contact us at Admin@MatchingGrants.org
Need to raise: $13,334. Project listed for the 2008-09 Rotary Year.
CORPROEM COLOMBIA is a Corporation with great experience in microfinances in this region of the country, it will participate in this project with a contribution of U$2000 and as a guide of all process.
<24-Jul-08> System Entry
Creation of project page.
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