G-2508

Business Development

Description

Financing

Documents

Photos

History Logs

Project Description

Region: Africa

Country: Nigeria

Location: Edo State

Total Budget: $30,000

Area of Focus: Community economic development



The objective of this project is to loan money to qualified persons of these communities for starting a small business, or improve existent business to attend to the local population. The microcredit will be done on basis of methodology developed by the LAPO Microfinance Bank, Nigeria, where they have proved the poor people are good payers. To avoid debits we are going to create an ecosystem for this project to warranty the loan. This will expand the economy of the Communities.

Primary Host Partner

District: 9141

Rotary Club of: Ogba-Benin

Primary Contact: Paula

Email: paulabellgam@gmail.com

Primary International Partner

We are looking for a Club partner. Click here to pledge support for this project. Recording a pledge will make you the Primary International Partner for this project.

Project Status

Need $30,000
This project needs to receive some pledges to go to the next level. Please check the "Financing" tab to see the list of current pledges. Once the amount pledged is equal to the project budget, the status of the project will be automatically changed to "Fully Pledged".
Click here to pledge support for this project.

Project listed for the 2020-21 Rotary Year.

Proposed Financing

Existing Contributions Towards This Project

Date

Cash

DDF

Total

There are no contributions yet for this project.

Remaining Amount to Raise

Additional Club Contribution (Needed) - Add a contribution

$30,000

-

$30,000

Amount Requested from The Rotary Foundation

-

$0

$0

Total

$30,000

Note: as of July 1, 2015 there is a 5% additional support fee for cash contributions. This fee does not appear in the financials above because it does not apply if the funds are sent directly to the project account (without going through TRF, and therefore without Paul Harris credit). Clubs sending their cash contribution to TRF must be aware they will have to send an additional 5%.

Project Supporting Documents

Project Photos


There are no photos yet for this project.
Go to the administration page to upload photos.

History Log Entries

21-Jul-20

System Entry

System Entry: Creation of project page.

© 2010 Philippe Lamoise - Website design by Philippe Lamoise, D2G Online