Right Sharing of World Resources
Type of work: Project and Program Management
Relevent Country: United States of America
Last Date: 30-06-2024
Applications are now open for the Right Sharing of World Resources Grant Program to support income generating, self-employment projects for poor women who are members of a self help group.
Goals
RSWR has two main goals:
Funding Information
Eligible Projects
The project must include a revolving loan component. They believe that small scale income-generating projects offer a means of establishing self sufficiency to very poor people. By requiring that the project include a revolving loan program, they can multiple the impact of their grant as the funds are revolved many times to many different women within the community.
Eligibility Criteria
Right Sharing of World Resources gives grants to small, grassroots women’s groups that do not have access to other adequate funding. The grants are for micro-enterprise, self-employment projects. They help with seed money and training so that a group can begin a revolving loan fund for members to take loans to begin their own small businesses. It is important to them that the women work together in self-help groups and use the RSWR resources to help themselves grow into independent and strong groups. Below is their list of criteria that they use in deciding which proposals to consider:
A clear description of the proposed Income Generating Project(s) (IGP). Note: The projects must be compatible with the principles which guide the work of RSWR: local self-reliance, sustainability, mutual support and accountability.
The Income Generating Projects are viable businesses for the geographic area and have potential to make the women a sustainable living. The proposal should describe an economic plan for each business proposed, including the amount of the loan per woman, the projected monthly gross income, monthly business expenses, loan repayment, and net monthly income projected. They expect the women’s business income to bring them above the World Bank International Poverty Line (currently $1.90 per day) after business expenses, loan repayment, and savings.