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Provide 300 or more loans through a Microcredit integrated project in Machakos and Taita in Kenya. The project will offer financial literacy training before loan application. Target borrowers will be women in coffee industry, youth owned business activities, small rural successful entrepreneurs who remain under capitalized, farmers who need bridge loans to capture high yields at peak harvest or expand service to meet their growing community needs. There will be emphasis on rain water harvesting, environment restoration, solar power and/or bio gas development.
Many women from Machakos areas are miners in the Taita region. Taita project will offer financial and business training to artisanal miners before loan application. Lack of business training exposes the miners to unethical exploitation by buyers when the miners bring their gems to local and international markets. The miners-mostly migrant women-are exposed to very harsh mining conditions and they are forced to live in squalor. The mines are located inside the national park, further exposing the miners to dangerous wildlife (snakes, elephants, wolves). There have been major conflicts between the miners and the wildlife, leading to environmental degradation. A mobile pilot shelter model will be developed at the mining site to reduce exposure to wildlife, reduce environmental destruction, and ameliorate the lives of the miners. Safety gear and related training will be offered.
The loans will impact many economically disadvantage people in very rural areas who are generally over looked by traditional lending institutions.
Your project is "Fully Pledged". This means the amount of the pledges is equal to the total budget of the project. Now the project needs to be finalized and go through the approval process with The Rotary Foundation. This process gets started on the administration page.
Project listed for the 2020-21 Rotary Year.
The TRF Grant application number is #211713.
Proposed Financing
Existing Contributions Towards This Project
Date
Cash
DDF
Total
El Cajon Sunset (5340)
9-Apr-18
$9,100
$9,100
$18,200
San Diego (5340)
6-Feb-19
$1
$0
$1
Jammu (3070)
9-Feb-20
$50
$0
$50
La Mesa Sunrise (5340)
17-Mar-20
$1
$0
$1
Matching Grants Website DAF Donations
Name
Date
Status
Amount
Elena Lujan-Alba
17-Mar-20
Collected
$100
Collected
$100
-
$100
Westbourne (1110)
25-Sep-20
$1,200
$0
$1,200
Detroit (6400)
2-Nov-20
$2,000
$0
$2,000
Amount Requested from The Rotary Foundation
-
$9,100
$9,100
Total
$30,652
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%.
There are no photos yet for this project.
Go to the administration page to upload photos.
History Log Entries
8-Apr-18
System Entry
System Entry: Creation of project page.
9-Apr-18
by Richard Makau
System Entry: Pledge of $1,000 with $1,000 DDF by Richard Makau of the Rotary Club of El Cajon Sunset, District 5340.
6-Feb-19
by Richard Makau
System Entry: Pledge of $2,000 by Roger Haines of the Rotary Club of San Diego, District 5340.
9-Feb-20
by Premshankar
System Entry: Pledge of $50 by Premshankar of the Rotary Club of Jammu, District 3070.
17-Mar-20
System Entry
System Entry: Pledge of $1,100 by Elena Lujan-Alba of the Rotary Club of La Mesa Sunrise, District 5340.
17-Mar-20
System Entry
System Entry: Pledge of $100 by Elena Lujan-Alba through the Matching Grants Website DAF.
25-Aug-20
by Elly Dotseth
System Entry: Pledge of $20,200 by Elly Dotseth of the Rotary Club of La Mesa Sunrise, District 5340.
25-Aug-20
by Elly Dotseth
System Entry: Project is now "Fully Pledged".
25-Aug-20
by Elly Dotseth
System Entry: Pledge of $2,100 by Elly Dotseth of the Rotary Club of La Mesa Sunrise, District 5340.
26-Aug-20
by Richard Makau
System Entry: Project reverted to "Published".
25-Sep-20
System Entry
System Entry: Pledge of $1,200 by Richard Burnett of the Rotary Club of Westbourne, District 1110.
2-Nov-20
System Entry
System Entry: Pledge of $2,000 by Jay Ganatra of the Rotary Club of Detroit, District 6400.
2-Nov-20
by Jay Ganatra
System Entry: Project is now "Fully Pledged".
11-Jan-21
by Janice Kurth
Please update this grant. It does not meet the minimum requirement of a $30,000 budget. No D5340 DDF can be approved until the grant is correctly entered. Because of some other grant cancellations, we not have a small amount of DDF available. Thank you!
16-Apr-21
by Richard Makau
Grant is fully pledged and pending corresponding DDF assignment to migrate to next stage.
