Open to Grow Presentation to the Rotary Centennial Club October 14, 2015 Heather Gore-Hickman, CFO and Board Member Patrick McNaught, Board Member

Urda – One Woman's Story

 Registered charity focused on microcredit in Guatemala  Doing our homework  Research – Internet and on the ground  Lending structure, Board, and charitable status  Advisor to the Board  The Rotary Connection  2010 Microfinance Conference hosted by Rotary Action Group on Microfinance and Community Development (RAGM)  Meeting with Kiva  Fast Forward - first loan issued Nov. 11, 2011 How We Started

What We Do  Focus on increasing women’s incomes  Basic Business Development Program  Microloans and monitoring  Training and performance measurement  Three 9-month cycles (27 months)

Why We Are Different  Integrated Business Development Program  Microloans with business training  One-on-one consulting  Each client allocated business advisor  Meet once a month  Advisor records financial progress  Performance measurement  Sophisticated data base  Analytics

Achievements of Open to Grow Clients are poor women micro- entrepreneurs Over $900,000 loans to 2,600 clients Loan payback rate is 97% Portfolio sustainable by 2016

 Two-thirds of the women who have been in the Business Development Program for 12 months or longer have more than doubled their incomes  $100 spent on training yields $250 in additional profits in following year  Strong response to advice given (81%)  76% of clients keep financial records Achievements of Collaboration

Miles for Microcredit  What: Collectively walk/run/bike the distance from Calgary to Guatemala City – 2,842 miles  When: October 20th, 7am to 5pm  Where: Prince’s Island Park at Eau Claire Entrance  Cost: FREE  Optional donations made through ATB Cares are matched by 15%  Plus meet & run with Ultramarathoner Dave Proctor

We Would Like to Partner with Your Club  Requesting to submit funding application  We are seeking funding to expand our loan fund  Help more women micro-entrepreneurs to increase their business incomes and move themselves out of poverty

Thank You Questions?