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Rotary International The 4 Way Test
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Irkutz Revolving Loan FundThis project is focused on the Irkutsk area of Siberia, Russia. It is our belief that helping persons in the agricultural sector will help to stimulate and grow the Russian economy and educate farmers in improved farming and business management practices. ![]() Funds from the project have assisted in building new barns... The project was initiated in 1998, when Fond du Lac Morning Rotary raised $5000 to establish this Rotary sponsored revolving loan fund in Siberia. Additional funds have been raised from other Rotary Clubs throughout Wisconsin. The Rotary Foundation of Rotary International provided a matching grant. The total revolving loan fund is now more than $30,000. ![]() ...improving green houses... Each year, members of the Fond du Lac Morning Rotary travel to Irkutsk, Russia to administer the project. The Rotarians visit sites of persons who are seeking to become involved in the Rotary Micro-Loan Project. Small, short-term loans (6 months to one year) are made to participants that are approved and agree to the terms of the loan. Borrowers seek funding for projects that will help improve their businesses, for example: seed, additional land, new greenhouses, equipment, supplies or more livestock. The Fond du Lac Morning Rotary has been assisted by their partner club in Russia, the Irkutsk Rotary Club # 2, and the ARROW Foundation which is headquartered in Fond du Lac and has sponsored a variety of projects in Russia since 1992. ![]() ...and assisting farmers with various improvement projects. |