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

October 11 – 18, 2014 Ann Arbor Rotary Club Service Trip FINANCIAL LITERACY, SMALL BUSINESS DEVELOPMENT and MICRO LOANS FOR WOMEN - Guatemala

Participants representing RCAA Team Meeting planning the week Back to School Rosemarie Rowney, Ashish Sarkar, Sue Buetler follows the kids to school Nishta Bhatia and Bob Hyzy Ashish plays soccer in the square with kids

BUSY TIMES. . . . .BEAUTIFUL PEOPLE Orphanage, Quetzaltenango Hospice for Children Attended two Rotary Clubs Meetings -Namaste Guatemaya

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

The Nine Month Small Business Development Cycle Promotion Business Repayment Education Business Loan Coaching

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Business Education/Business Coaching RCAA supports the business education and coaching components of the project in the clients’ homes Educational costs are $235 for each client; Global Grant Total = $42,500

Visual aid separates personal expenses from business expenses

Signing the Contract and Receiving the Check Micro loans supported by KIVA through Namaste Guatemaya Loan Officer visits business owners once a month to collect loan payment

Micro Loans average $235; repayment over nine months

End of the Cycle Women in good standing are eligible for three cycles Business coaches and loan officers are well qualified by education and experience

LIGHT UP ROTARY! Global Grant Project Guatemala Sponsored by: • Rotary Club of Ann Arbor • Las Americas Rotary Club • Rotary District 6380 • Rotary International Foundation

Our partners in Guatemala Namaste Guatemaya Rotary Las Americas Bob Graham, Founder Guatemala City 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!