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Microcredit projects
can be complicated and long-lived, and the details vary by
culture and government. Effective projects often involve
partnering with MFI's (MicroFinance Institutions) that have
developed best practices and field resources in the target
country. During the early 1990's, RI and TRF have modified their
approach to revolving loan grants as a result of many lessons
learned. However at this time there is limited practical
information readily available for those wishing to start new
banks.
That is why we have
formed the Rotarian Action Group for Microcredit (RAGM). We're
here to help Rotary clubs around the world launch more
microcredit projects, easier and faster, with measurable
results, and in a way that capitalizes on Rotary's unique
strengths!
- A Rotarian
Action Group is a voluntary association of Rotarians formed
for the purpose of conducting international service projects
that advance the object of Rotary.
- RAGM
application filed December 2006, approved February 2007
- RAGM will
identify key Rotarians in each of Rotary's 529 districts,
promoting Microcredit Best Practices.
- RAGM will
provide information, train and/or coach Rotarians on how to
establish successful Microcredit projects and partner with
international Micro Finance Institutions (MFIs)
Membership is
available to Rotarians. Non-Rotarians are invited to participate
as partners. |
