Rotarian Microcredit Projects in Sonora Mexico
Apr 13, 2018 11:30 AM
Wayne Rish
Rotarian Microcredit Projects in Sonora Mexico

Rotary Host: John McKimie

Sonora Mexico continue to perform wonderfully to give hundreds of motivated borrowers the opportunity to grow their own small business and work themselves out of poverty. 

 

Our Rotary funds provide the money, and our professional microcredit partner, FinReg, provides the recruitment, training ant the supervision of small businesses to ensure a very high rate of success  For example through 10-01-17, our latest Global Grant has funded 764 Hermosillo clients who have successfully repaid 100% of the loans taken. 

 

Our microcredit projects in Mexico are demonstrating that small amounts of money loaned under the right process can make a huge difference in assisting families to work themselves out of poverty and significantly improve all aspects of their life and be confident about their financial future. 

 

The RC of SCW has been a strong supporter of these projects right across the border in the Mexican Sonora State.