Enterprise Zone Programs

HOW IT WORKS
Local Rotarians help coordinate five types of capital (see "More Than Money" by Professor Paul Godfrey) to help enable development and sustainable growth in under-served regions of the world. Training helps participants learn self-reliance skills for home, business, and community. Those who graduate from the training may qualify for capital grants (jointly funded by Rotary and local governments) to start or grow a business. Facilitators and Rotarians
mentor each business for one year to increase their likelihood of success. This may qualify each for Microenterprise Finance or Bank loans for additional capital needs. Every Rotary Enterprise Zone also plans and implements yearly self-reliance projects for their community.

Providing all five forms of capital needed to eliminate poverty. 

ROTARY ENTERPRISE ZONE
• Six-month self-reliance training for home, business, & community
• Capital Grants
• Mentoring for at least one year.

ORGANIZATIONAL CAPITAL
• Rotarians empower team formation to coordinate community self-reliance projects & future training
 

INSTITUTIONAL CAPITAL
• Proven program
• Trained facilitators
• Materials available in several languages

PHYSICAL CAPITAL
• Seed Capital Grants funded by Rotary & local govt.’s
• Incentive for participants to graduate
 

HUMAN CAPITAL
• NGO facilitators
• Local Rotarians
• Local govt. staff

SOCIAL CAPITAL
• Graduation ceremonies celebrated by govt. leaders
• Local Rotary clubs
• NGO support-staff and mentors

PROGRAM CONTACT
Mark Maxfield
MarkAllenMaxfield@gmail.com
1+801•550•2150

 

ROTARY ENTERPRISE PROJECT, CAJAMARCA, PERU - Click here or on the image to watch a video

This is a picture of one of the many Rotary Enterprise Zone groups that have been established in Cajamarca, Peru.

What started out with one community has now grown into 8 different communities that meet weekly for self-reliant training for their homes, businesses, and communities.

Those who complete the training and succeed in developing sustainable business plans may apply for “capital grants” funded by the global grant budget and local government funds to supply equipment and/or other non-currency capital to start or grow a business.

 

These businesses are monitored by NGO facilitators and Rotary and/or Rotaract club members and/or government economic development staff for a minimum of one year when they may qualify for MFI or Bank loans to secure additional capital needs. 

 

Rotary Club of Salt Lake City initiated three new global grants in three of the most impoverished regions in Southern Peru (Ayacucho, Huancavelica, and Arequipa).

There is great excitement in communities in each of these regions and we hope to have similar success.  - Mark Maxfield