Announcement
Letter


Grant
Application

D-568

   Sri Lanka - Matara

Sri Lanka Microcredit

$25,000

This project is a project of Mobilizing Rotary for Microcredit

This project budget provides new capital for a micro-credit (revolving loan) for persons suffering from the '04 Tsunami in the area of Matara in the southern coastal area. The goal is to give women and men the opportunity to be successful small entrapreneurs and provide a livelihood for themselves and their dependents.The citizens of Matara are the beneficiaries of this project, especially women who are in need of small loans to establish small businesses and establish a credit record for future growth and sustainability.

Primary Host Partner in the Project Country

Club: Battarmulla

District: 3220

Primary Contact: Lasantha Abeywickrama

Email: lasantha@mtiworldwide.com

Check all projects from: [District 3220] [Battarmulla Rotary Club] [Lasantha Abeywickrama]

Primary International Partner Outside the Project Country

Club: Del Mar

District: 5340

Primary Contact: Peggy Martin

Email: [invalid email on file]

Check all projects from: [District 5340] [Del Mar Rotary Club] [Peggy Martin]

Proposed Financing

Primary Host Sponsor Rotary Club/District

Rotary Club of Battarmulla

$500

Primary International Sponsor Rotary Club/District

Rotary Club of Del Mar

$7,000

District 5340 DDF

$7,000

Amount requested from the Rotary Foundation

$10,500

Total

$25,000

Status and Progress Information

Completed

This project is completed. Project listed for the 2006-07 Rotary Year.

The Matching Grant application number from TRF is #60899.

The TRF Staff in charge of this grant is Lauren Marquez (Lauren.Marquez@rotary.org).

<27-Jul-06> System Entry
Creation of project page.

<27-Jul-06> by Eleanor Ellsworth
Awaiting signatures from Sri Lanka Rotary Club.

<28-Jul-06> by Brennan Pate
Application forwarded to TRF.

<28-Jul-06> by Brennan Pate
Deidra Egan from TRF acknowledged receipt of MG application.

<20-Dec-06> by Lasantha Abeywickrama
This project has been referred to a banking expert by TRF. A recommendation re approval is expected end December 2006.

<23-Dec-06> by Eleanor Ellsworth
Notification of anticipated funding of this project by the end of December was received this week from RI; therefore, still in pending mode.

<20-Feb-07> System Entry
Grant approved by The Rotary Foundation.

<1-Sep-07> by Ellsworth
Funds have been received in Sri Lanka and the establishment of loan process is being set up.

<4-Apr-08> by Ellsworth
Project successfully underway; case studies available

<24-Jun-08> by Susan Thorning
District 5340 Matching Grants Report indicates that the last payment was made on this grant in July of 2007. Interim reports are due every 12 months from the date of last activity. This is just a reminder that your report is due at the end of July 2008.

<2-Feb-09> by Ellsworth
ongoing, successful micro loans are being administered and monitored.

<5-Jun-09> by Susan Thorning
Next Report due September 9, 2009

<8-Oct-09> by Susan Thorning
Please prepare a report for this grant as soon as possible. A 12 month interim report was due on September 9. Late reporting will delay approval of any other grants.

<11-Jun-10> by Susan Thorning
Next project report for this grant will be due no later than October 2010

<11-Jun-10> by Susan Thorning
Lauren Marquez is shown as the current staff contact on the latest District report.

<23-May-11> by Peggy Martin
Provisional approval of MG 60899 awaiting receipt of details 5,8,9 on supplement form from SEEDS.

<2-Apr-12> by Peggy Martin
Final report of July 2010 accepted but not closed. Awaiting verification of records from SEEDS.

<16-May-13> by Peggy Martin
TRF has 'accepted' the report for MG 60899. Loan with SEEDS to be terminated and funds returned to TRF with note "return of funds for MG 60899"

<28-Jun-13> System Entry
Grant status changed to "Completed".

<28-Jun-13> by Philippe Lamoise
Official email from Conor Murphy at TRF saying this project is now closed.

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Pages, pictures and video on this site © Philippe Lamoise 2001, 2005
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.