P-136

Spring Valley Micro Credit

Description

Financing

Documents

Photos

History Logs

Project Description

Country: USA

Location: San Diego

Total Budget: $5,000

Area of Focus: Economic and community development

Activity Type: Community Development: General

Summary: Fund Micro Credit loans for 20 Women $250.00 each located at many sites in San Diego County.


There are 100 women that have been through the initial training, using the tools available through the US Microfinance Program, (USMP). The women are able to self-assess, set goals, learn financial skills,develop their plan, and take their first steps toward a brighter future for themselves and their children.

Women are elligible to receive a $250.00 loan which may be used toward income generating activities. This loan must be paid back over 25 weeks. When paid women may apply for additional loans up to $1,000.00. The training cycle repeats multiple times over the course of a year.

These loans will be repaid and then redirected to additional borrowers, making the impact far greater than the initial 20 women women who will be greatly helped toward realizing their goals.

Project Contact Person

District: 5340

Rotary Club of: La Jolla Sunrise

Primary Contact: Dee Doe

Email: dee@kingsroadinc.com

Project Status

Completed
This project is "Completed". This means the project has been implemented and the report was accepted by the district leadership. The project will stay listed on this website as a testimony of the achievements of the project partners.

Project listed for the 2012-13 Rotary Year.

Proposed Financing

Existing Contributions Towards This Project

Date

Cash

DDF

Total

La Jolla Sunrise (5340)

15-Aug-12

$2,500

$2,500

$5,000

Total

$2,500

$2,500

$5,000

Project Supporting Documents

Project Photos

History Log Entries

15-Aug-12

System Entry

Creation of project page.

21-Aug-12

System Entry

Project sent for club signatures.

21-Aug-12

System Entry

Project signed by Deloria Doe.

11-Sep-12

by Pam Russell

The District 5340 Rotary Foundation Committee awarded $2,500 in DDF for this district grant project.

12-Sep-12

System Entry

Project approved by the District Approval Committee.

21-Oct-12

System Entry

Check for DDF payment issued by Foundation Treasurer.

1-Apr-13

by Dee Doe

Spring Valley Micro Credit P-136 is complete and Final Report has been filed.

1-Apr-13

System Entry

Project has been implemented and final report uploaded.

1-Apr-13

System Entry

Final report approved by the District Approval Committee.

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