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.
For more information, contact firstname.lastname@example.org
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.
Jade Colter posted an articlePeace Corps community gives feedback on Worldview magazine see more
I am a Peace Corps Volunteer posted in Zambia. I lent a copy of [the Spring 2019] WorldView to some members of my community and they saw the article about TCP Global, “Empowering a Village.” They’re interested in microfinance and would like loans to help with various projects they want to pursue in our village. Then they formed a group of ten and asked me to get in touch with Helene Dudley at TCP Global. The leader of them is Stanley Shikoki.
Would it be possible for TCP Global to provide micro-loans in my community?
Kapiri Mposhi, Zambia
One of the virtues of print — it’s easy to share a magazine with friends! TCP Global responded in the affirmative regarding micro-loans, sent materials to Calvin Yahn, and requested mentoring support from Friends and RPCVs of Zambia. Let us know how we can help you connect with the broader Peace Corps community. —Ed.
I want to say how pleased I am with WorldView. So many great stories from countries everywhere in the world. I wish all middle and high school students had access to a subscription to our magazine through their school libraries and/or their social studies teachers. When my nephew was a social studies teacher, I was sending past issues and Madison’s International Calendar to him for his classroom or the school library.
The Peace Corps community should be especially grateful to hear from our Latin America veterans in the Summer 2019 issue on the Northern Triangle, and El Paso, too. Those articles make me feel so proud to be an RPCV. Sadly, I later read reports that the State Department deputy secretary for Latin America, Kimberly Breier, apparently resigned over a dispute regarding White House plans to make U.S. asylum seekers apply first in Guatemala. What have we come to?
I like the changes in WorldView, too. I used to have trouble reading the text because of the lack of contrast between the typeface print and the white pages. The new type looks great. The font is still a bit small but the darker print makes for great easier reading. I also need to check out the digital version.
Côte d’Ivoire 1965–67
We hope you’ll all check out the digital version, too! You can find more than a decade’s worth of archives on our app right now. Right now that’s free for everyone in the Peace Corps Community. Write us for details. And if you’d like to support a gift subscription, let us know. You have great stories to tell. —Ed.
In your Winter 2019 issue on page 6 it was very good to see the terrific story about Ron Venezia drawn from his 1996 oral history. You credited the Library of Congress for conducting this interview, but while such oral histories are also filed there, the credit really goes to the Association for Diplomatic Studies and Training, which is the home of this and thousands of other fascinating oral histories of State and USAID people, many of whom also served in the Peace Corps. This diplomatic archive is a tremendous resource and deserves recognition for its wonderful ongoing oral history program. I urge your readers to check it out at ADST.org.
Peace Corps staff, 1963–67
Amanda Silva posted an articleNPCA supports community-driven projects of impact through the Community Fund see more
National Peace Corps Association (NPCA) is proud to support community-driven projects of impact through the Community Fund. NPCA supports grassroots initiatives led by members of the Peace Corps community that have a lasting and sustainable impact. One of our newest initiatives is supporting the continuation of the micro-loan programs facilitated by The Colombia Project Global (TCP Global).
Where it all began
In 2000, Returned Peace Corps Volunteers of South Florida (RPCVSF) established The Colombia Project (TCP), a committee that was created in response to the drastic internal displacement rates in Colombia. Social workers, attorneys, leaders of the displaced community and Returned Peace Corps Volunteers (RPCVs) gathered at a meeting in Bogota, Colombia and decided the most effective solution was to provide resources to people ready to rebuild their lives through a sustainable micro-loan program.
The mission of TCP is two-fold: assist marginalized entrepreneurs with micro-loans and strengthen the grassroots organizations that effectively serve marginalized communities.
In Colombia, as in much of the developing world, affordable loans for marginalized entrepreneurs are available only from the daily lenders who charged up to 10% per day and often used harsh collection measures. The larger micro-finance institutions tended to focus on population centers where it is easier to scale their operations. The TCP model, however, is created for small and remote communities where the lending gap is greatest.
For TCP loan recipients, a marginal increase in family income means the difference between young adults continuing their studies and dropping out to help feed the family. Those who successfully repay several TCP loans often qualify for bank loans for their business or for constructing their own homes. In addition to loan recipients, TCP partners used earnings to benefit the communities where they work. Projects included the first latrine for the handicapped in Aguadas, a facility for the handicapped in Cartago, repairing homes for the poorest residents of Puerto Tejada, establishing a sewing cooperative and completing a community center in La Victoria.
"I no longer look at myself as a displaced person but as an entrepreneur"
- Gloria Beatriz Barliza Epiayu, Woman Entrepreneur of the year for the Guajira Region of Colombia 2011
Moving onto the next phase
In 2014, The Colombia Project became independent of RPCVSF, and evolved in to TCP Global. In 2015, TCP Global opened new programs in Niger, Guatemala and Peru with one hundred percent loan repayment in the first 16 months. In this next phase, TCP Global has seeded $10,000 from the U.S. and supported $21,000 in loans to 100 recipients and earned its current partners $5,000 to date.
TCP Global partners have found that increasing the income of their clients provides each a hand up to reach a better standard of living. These loans help keep children in school, provide healthier diets, access to clean drinking water and protection of the environment. Women entrepreneurs are often empowered by their success and progress to become community leaders.
TCP is a results-oriented model that keeps the focus on the loan recipient. If they do well, the organizations that administer the loans are compensated for their good results. The first allocation is typically $1500. Once that has been invested twice with at least a 95% repayment rate, additional allocations are sent until the permanent loan pool is sufficient to meet the needs of the community.
NPCA's Community Fund is currently supporting a new program that will open in the Philippines and in a Colombian community where there is a Peace Corps Response Volunteer. These programs are projected to need up to $12,000 each over the next 4 years.
Since funds are released in $1500 increments or less, with a promise to send more if those funds are invested successfully, the risk is small. The repayment rate for loans given since 2007 exceeds 95%. TCP’s oldest site, in Genova has invested each donated dollar eight times in nine years. That is the level of success NPCA and TCP Global hope to continue globally as this program expands with the help of the Community Fund.