Microfinance - A Hand Up not a Hand Out

We have actively supported Microfinance projects through Kiva since 2012 and our investment of US$ 3,250 has been re-lent time and again in 550 loans totalling US$14,000.
In addition US$ 750 has been donated to local primary schools for the same purpose.

This group is called “La Amistad”, the Friendship, because all members are friends and neighbours of the city of Caacupe in Paraguay. These women seek a better quality of life for their families by supporting each other’s business ventures. They are united with the purpose of growing not only economically but also personally.
We have contributed $25, together with another 105 lenders, in a loan of $6,175 to the group so that one of its members can purchase an increased quantity of clay for her brick-making factory. This will enable her business to grow and employ others.
This is just one example of 550 loans we have made during the past 6 years in 75 countries. Each loan has been researched and monitored by local Microfinance Institutions. As repayments are received we can relend the money to support other borrowers and to date our $3,250 investment has been relent over 4 times in loans amounting to $13,850. With bad debts running at around 1% per annum we will be doing this for many decades to come.

This work is also of interest to schools in our catchment area as it educates our children on the challenges facing people living in developing countries and they have also made over 200 additional loans. 

There have been 142 Microfinance Institutions involved in our portfolio.

Steve JenkinsContact Steve Jenkins about this page:

(ALL fields required)

(If you are a Rotarian, please name your club.)

Related pages...

We are Turning the Tide on Plastic

more We signed the 'CleanSeas' pledge to Turn the Tide on Plastic at the Volvo Round the World Challenge.

We Lead the Global Campaign to Eradicate Polio

more Polio is incurable, but completely vaccine-preventable. In 1985, Rotary launched its PolioPlus program, the first initiative to tackle global polio eradication through the mass vaccination of children

Disease Prevention in Pune

more A £60,000 Rotary Foundation Global Grant between Cardiff Bay Rotary and Rotary clubs in Pune, India, led by the new, all female, Rotary Club of Pune Inspira, is addressing the challenge of safe disposal of sanitary napkins.

Rotary Doctor Bank

more A Rotary initiative from Southern Wales which funds travel costs for volunteer doctors and other healthcare workers to treat patients and train other medical staff in the developing world.

Rotary Shelterbox

more Shelterbox was formed by Rotarians in Cornwall to provide immediate disaster relief to families who have lost everything. It provides immediate shelter and the tools to survive and restore dignity while people rebuild their lives.

Fishing Boats for the Philippines

more We have a £3,500 stake in this District wide project, together with 20 other clubs, to re-equip the Anilao community in the Philippines with 50 motorised fishing vessels.

Jaipur Limb Project in Bangalore

more This is the MS Ramaiah Medical Teaching Hospital where our Jaipur Limb project was undertaken to fit 948 new limbs and improve the quality of life for the donees and their families.

International Peace Project

more We have reserved funds for an International Peace Project to coincide with the Rotary International President's Peace Conference in February 2018

Rotary Shoebox Scheme

more The gift of a shoebox that contains toys, toiletries, educational items or household goods is a drop of happiness to the people of Eastern Europe who live in a world of poverty. For many, it will be the first present that they have ever received.

back to page above this...

Foundation & International