• Save
VisionSpring
Upcoming SlideShare
Loading in...5
×
 

VisionSpring

on

  • 207 views

 

Statistics

Views

Total Views
207
Views on SlideShare
203
Embed Views
4

Actions

Likes
0
Downloads
0
Comments
0

2 Embeds 4

http://www.microcreditsummit.org 3
http://lanyrd.com 1

Accessibility

Categories

Upload Details

Uploaded via as Adobe PDF

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

VisionSpring VisionSpring Presentation Transcript

  • 2011 Global Microcredit Summit November, 15th 2011
  • Our Mission/Vision What We Do: VisionSpring creates access to eyeglasses to help those in the developing world achieve their full potential How We Do It:Creating and scaling innovative eye care and eyewear distribution models
  • Why Eyeglasses?The Problem:• Over 700 million people suffer from vision loss worldwide• Over 500 million people can have their vision restored with a pair of eyeglassesLack of access to eyeglasses causes:• Loss of productivity and income• Lower quality of life• Cost of $3 trillion annually in global economy
  • Why should eyeglasses matter to you?• Additional income stream• Diversified business opportunity• Differentiate from other MFIs• Become eye care provider/educator
  • Strengths of MFIs 1. Distribution - Established networks in rural communities - Strong competency in finance/admin services 2. Awareness - Trusted source for interventions, education - Raise awareness of eye issues
  • How to create Micro Franchises MFI MFIProvides glasses, $2.50 $3.50training materials Manages inventory, identifies and Micro- trains micro- franchisee franchisees screens customers and sell glasses Customers purchase glasses and immediately benefit from clear vision
  • Other benefits – Micro-franchisees• Establish sustainable, proven business• Provide a product/service unavailable in the market• Avoid duplicating existing businesses• Achieve job satisfaction & increased social status in the community
  • Other benefits – Customers- Restored dignity/independence- 35% increase in productivity- Increased earning potential $2 average daily income x 275 working days/year x 2 years (useful life of glasses) x 35% estimated increase in productivity $381 enhanced earning potential
  • Key Lessons Learned• Dedicated person/team to manage the project• Focus outside of loans (health, job training, business development)• Micro consignment vs. micro loans: must prove the business will work to encourage participation
  • Find out more about becoming a Partner Caroline Misan cmisan@visionspring.org