Summary: This project will provide microloans to urban refugees in Ongata Rongai and nearby area, to open new business or grow existing ones.
This project follows last year's successful District Grant P-5391. The Rotary Club of Nairobi Karengata, Kenya, has identified a community need in Ongata Rongai town for micro-loans to members of groups of refugees who cannot obtain regular credit. Groups must have pre-existed for at least a year, and members must know each other well and must guarantee each other's loans. The implementing partner, Alliance for African Assistance-Kenya, will manage the project without fee. Groups will be selected after an interview process and will be trained to maintain business records. Loans will be made electronically (using Mpesa) from a separate bank account maintained by the implementing partner, and loan repayments will be deposited in that account. Project funds will be a "revolving fund" that will provide new loans as repayments are made. Rotary Club members will be involved in interviewing groups, providing business training, and oversight. See attached documents.
Fully Pledged
This project is "Fully Pledged". This means the amount of the pledges is equal to the total budget of the project. Now the project needs to be finalized and go through the club signature process. This process gets started on the administration page.
Project listed for the 2025-26 Rotary Year.
Proposed Financing
Existing Contributions Towards This Project
Date
Cash
DDF
Total
San Diego (5340)
30-Jul-25
$2,500
$2,500
$5,000
Total
$2,500
$2,500
$5,000
DDF contributions in grey are pending approval of the corresponding district committee.
