Helene Dudley posted an articleRPCV micro-loan program partners with Community Fund to disburse grants to Colombia. see more
By: Helene Dudley (Colombia 1968-70, Slovakia 1997-99)
In July 2016, The Colombia Project - TCP Global became a NPCA Community Fund beneficiary. In September of last year, the first disbursement of funds for TCP Global micro-loans was allocated to the Colombia-based NGO, PROEDUPAZ, in Suan. While TCP Global has funded over $500,000 in loans in 5 countries, this new program in Suan is the first program established with the assistance of a Peace Corps Response Volunteer, Will Osolinsky (pictured below with PROEDUPAZ President, Alejo Narvaez and prospective loan recipients).
In only four months, $1,500 has been invested twice resulting in repayments that lead to $3,000 of more new loans. Loans in Suan average $176 and support cottage industry, sales, animal husbandry and similar projects.
Although Will has completed his assignment in Suan, he remains in contact with PROEDUPAZ to assist TCP Global in the mentoring process.
If Suan continues to yield good results, TCP Global will authorize additional fund transfers until the permanent loan pool is adequate to meet the micro-loan needs of the community. With continued success, PROEDUPAZ will earn funds, which they can use for community service projects. Both TCP Global and PROEDUPAZ are volunteer organizations providing their services at no cost, thus allowing for 100% of donations to be distributed as micro-loans.
TCP Global loans are best suited for small and remote communities. According to information shared at the 2014 Micro Credit Summit in Mexico, this is a niche that is currently underserved by major micro-finance institutions, which find them cost-prohibitive to serve. Since the TCP Global model invites existing grassroots organizations to run loan programs in their own communities, there are no travel costs, and result in better loan decisions since they are made by people who know the community well. Loan recipients are invited to serve on the board, ensuring community ownership that enables loan programs to thrive despite leadership changes in the host organization.
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PROEDUPAZ leaders Alejo and Delvis maintain the folders on each loan recipient and oversee the screening, funding and collections on all loans.
TCP Global met with Colombia Peace Corps staff and trainees in October, 2016 to explain how to bring micro-loans to additional Peace Corps sites.
This mother and her daughter completed a micro-entrepreneur workshop coordinated by PROEDUPAZ.
Click here to donate to TCP Global and other projects led by the Peace Corps community.
Helene Dudley posted an articleRotarians and RPCVs combine their synergies for the greater good. see more
By: Helene Dudley (Colombia 1968-70, Slovakia 1997-99)
Peace Corps and Rotary have a longstanding history individually as well as together. The two communities have compatible values, compatible interests, and compatible approaches to society’s problems. I am one of thousands of Americans with membership in both. I was introduced to Rotary through my work with The Colombia Project, a micro-loan program started by Returned Peace Corps Volunteers (RPCVs). After receiving several grants and presenting to the Rotary Club of Coconut Grove, Florida it occurred to me that I should become a member. Soon two more RPCVs working with The Colombia Project joined, followed by a loan administrator in Colombia and then a former Peace Corps Korea language teacher – all because the Coconut Grove Rotary Club supported an RPCV micro-loan program. As an RPCV and Rotarian, I am amazed at the synergies that exist between these two groups.
In 2014, Peace Corps Director Carrie Hessler-Radelet, who comes from a family of Rotarians, signed two collaborative agreements with Rotary – for pilot projects in the Philippines, Thailand and Togo and to encourage Rotary Clubs to support the Peace Corps partnership program (PCPP).
Subsequent to those agreements, over 30 Rotary Clubs from hometowns of Peace Corps Volunteers (PCVs) serving in Costa Rica have partnered with Costa Rica Rotary Clubs in the Give-A-Book literacy project to provide libraries for schools and communities served by PCVs. Rotarians traveled to Costa Rica to personally present books. Upon returning home, PCVs made presentations to the sponsoring Rotary clubs. In addition to the books, the Peace Corps-Rotary alliance in Costa Rica organizes other humanitarian projects such as an eye clinic organized by two PCVs for March 2017 with Rotarian eye doctors participating from Rotary Clubs in Florida, Indiana, and California.
Collaboration with currently serving Volunteers is off to a good start but even better opportunities exist for Rotary-RPCV collaborations like those with the Denver Rotary Club’s cook stove research in Vanuatu, girls’ education in Senegal and the Coal Creek, Colorado Rotary Club’s water projects in Panama. The full potential for collaborations between Rotary and RPCVs through the NPCA remains largely untapped but ultimately should be even more attractive to Rotarians in providing RPCV partners with proven track records.
One Rotary supported RPCV program, The Colombia Project – TCP Global, builds zero overhead, sustainable micro-loan programs in five countries to date. By partnering with organizations already working effectively at the grassroots level, virtually no overhead is required to manage 30-45 open loans.
Just as the Rotary-Peace Corps Partnership invites Rotary Clubs to support PCPP working with PCVs, an expansion of this collaboration into the Peace Corps community could provide financial support for current and future projects vetted through the National Peace Corps Association's Community Fund such as TCP Global micro-loans, Water Charity, The Village Link, and other projects that involve Rotary in some, but not all implementation sites. Rotarian and RPCV hybrids are coming together to create an affiliate group, so be sure to let us know if you are a Rotarian.
In 2017, there are two unique opportunities to strengthen ties between Rotary and the Peace Corps community. RPCV Rotarians are encouraged to visit the Peace Corps booth at the Rotary International Convention in Atlanta, GA this June 2017. All Rotarians and members of the Peace Corps community are also encouraged to attend Peace Corps Connect annual conference in Denver, CO this August 2017.
The Peace Corps Community and the Rotarian Community each do a tremendous amount of good in the world. Since projects can have far greater impact when we collaborate with others, imagine what could be accomplished if the two organizations joined forces.