Microcredit

In Cuzco, Peru Rotarians contributed US$10,000 to a partnering association, Asociacion MIDE, which provided small loans to 288 low-income women. In six months these women improved their businesses and living standards, lifting them out of extreme poverty. While local Rotarians had the opportunity to work together to develop the project and approve the system of loans, the participants learned to use, administer and benefit from financial credit. In the process, the women improved their self-esteem as they acquired entirely new roles of financial responsibility for their families. 

How do I focus my giving? Every Rotarian, Every Year – Giving is hope in action.