Grant
Application

D-230

   Ecuador - Loja

Village Bank

$20,000

The objective of this project is to end severe poverty for 80 impoverished mothers and their respective children through a program of development of subsistence microbusiness that will comprise the next:

1) Creation y organization of two village banks: these banks will be created in the communities "Chinguilanche" and "Capuli"; these communities are located in the province of Loja, (in Ecuador). Each bank will be form with 40 persons (only women).

2) Implementation of a plan of 80 little loans: each new village bank will provide 40 little loans to the beneficiaries. The beneficiaries will use these loans to develop little economic activities (micro-business) that will improve the incomes and the level of life of their families.

3) Implementation of a Saving Plan: the purpose of this plan is to permit that the beneficiary has a quantity of money that she can use to expand her business, or in case of disaster or emergencies.

4) Training Program of the beneficiaries: the Community Banks Program will include a conferences program about various topics that include Business Administration, Marketing and Sales, Self-esteem, Diseases Prevention and others. These conferences program seeks to increase the knowledge level of the beneficiaries of the village banks and to inject a community action of work and solidarity.

The program of development of subsistence micro-business will last three years. After this period, the beneficiaries will be prepared to use mechanisms of the Commercial Bank and other institutions like "Cooperativas de Ahorro y Crédito". In this way, new beneficiaries will give the opportunity to be admitted to the loan program.

Primary Host Partner in the Project Country

Club: Loja

District: 4400

Primary Contact: Juan Carlos Valdivieso

Email: [invalid email on file]

Check all projects from: [District 4400] [Loja Rotary Club] [Juan Carlos Valdivieso]

Primary International Partner Outside the Project Country

Club: Carlsbad Hi-Noon

District: 5340

Primary Contact: Delta Collins

Email: deltacollins@adelphia.net

Check all projects from: [District 5340] [Carlsbad Hi-Noon Rotary Club] [Delta Collins]

Proposed Financing

Primary Host Sponsor Rotary Club/District

Rotary Club of Loja

$2,000

Primary International Sponsor Rotary Club/District

Rotary Club of Carlsbad Hi-Noon

$2,000

District 5340 DDF

$2,500

Additional Rotary Clubs/Districts

Rotary Club of Escondido Sunrise

$2,500

Rotary Club of Rancho Bernardo (San Diego)

$2,000

Rotary Club of Brawley

$1,000

Rotary Club of Lemon Grove

$500

Amount requested from the Rotary Foundation

$7,500

Total

$20,000

Status and Progress Information

Completed

This project is completed. Project listed for the 2004-05 Rotary Year.

The Matching Grant application number from TRF is #54100.

The TRF Staff in charge of this grant is Valerie Pereira (Valerie.Pereira@rotary.org).

<30-Mar-07> by Philippe Lamoise
Received communication from TRF asking for the final report.

<28-Jun-07> System Entry
Grant status changed to "Completed".

<28-Jun-07> by Brennan Pate
Valerie Pereira, in a 6/28/07 email to Marge Cole, confirmed that MG 54100 has been closed.

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This website is a private initiative by Rotarian Philippe Lamoise, Torrey Pines Rotary Club, District 5340, to help the clubs and districts worldwide to do matching grants with The Rotary Foundation.