FINANCIAL LITERACY, SMALL BUSINESS DEVELOPMENT and MICRO LOANS FOR - - PowerPoint PPT Presentation

Ann Arbor Rotary Club Service Trip October 11 – 18, 2014

FINANCIAL LITERACY, SMALL BUSINESS DEVELOPMENT and MICRO LOANS FOR WOMEN - Guatemala

Team Meeting planning the week Rosemarie Rowney, Ashish Sarkar, Nishta Bhatia and Bob Hyzy Back to School Sue Buetler follows the kids to school

Participants representing RCAA

Ashish plays soccer in the square with kids

Attended two Rotary Clubs Orphanage, Quetzaltenango Meetings -Namaste Guatemaya Hospice for Children

BUSY TIMES. . . . .BEAUTIFUL PEOPLE

GOALS: Meet the women served by the project Observe project staff in action Interact with Guatemalan partners Bring the story home to RCAA

THE CLIENTS Goal = 181 To date = 136 served

Promotion Business Education Loan Business Coaching Repayment

The Nine Month Small Business Development Cycle

P r

Educational costs are $235 for each client; Global Grant Total = $42,500

RCAA supports the business education and coaching components of the project in the clients’ homes

Business Education/Business Coaching

Visual aid separates personal expenses from business expenses

Loan Officer visits business owners once a month to collect loan payment

Micro loans supported by KIVA through Namaste Guatemaya

Signing the Contract and Receiving the Check

Micro Loans average $235; repayment over nine months

Business coaches and loan officers are well qualified by education and experience

Women in good standing are eligible for three cycles End of the Cycle

LIGHT UP ROTARY! Global Grant Project Guatemala

Sponsored by:

• Rotary Club of Ann Arbor
• Las Americas Rotary Club
• Rotary District 6380
• Rotary International

Foundation

Namaste Guatemaya Bob Graham, Founder Rotary Las Americas Guatemala City

Our partners in Guatemala

We also visited Rotary Antigua

Please consider joining the next Guatemala trip: January 26 – 31, 2015 1 day in Antigua visiting clients in the field 3 days at Lake Atitlan at Women’s Conference Service and travel An amazing time filled with inspirational people!

Thanks to others involved in the project:

• 1. Dave Reid
• 2. Jason Whipple
• 3. Dave Shotwell

4 Fred Beutler

• 5. Len Stenger (very instrumental in planning this trip)
• 5. Paul Smith (very instrumental in planning this trip)
• 6. Rob Northrup
• 7. Rick Detweiler
• 8. Bernie Lugaurer
• 9. Pat Pooley
• 10. Jody Tull
• 11. Kofi Gyan
• 12. Barbara Bach
• 13. Lois Stenger
• 14. Amy Freundl
• 15. Mousumi Banerje.

16 Rachel Pooley (helping with translation and interpretation)

You are awesome Rotarians!