World Education Australia Balancing the Scales

How did I get here?

World Education Australia Enriching Human Potential

World Education Australia Enriching Human Potential We believe no one deserves a life of poverty World Education Australia delivers the powerful combination - microfinance livelihoods literacy enabling the poor to increase their incomes and change their lives forever.

We believe no one deserves a life of poverty

World Education Australia delivers the powerful combination -

microfinance

livelihoods

literacy

enabling the poor to increase their incomes and change their lives forever.

Who we are …. World Education Australia – established in 2003 as specialists in Microfinance and Livelihood Development Part of the global World Education Network which is 57 years old & with offices in 25 countries; has worked in over 60 countries World Education is an ACFID signatory and has AusAID accreditation CEO and Program Director are experts in the field of Microfinance - have consulted for AusAID, UN, USAID, ADB and more

World Education Australia – established in 2003 as specialists in Microfinance and Livelihood Development

Part of the global World Education Network which is 57 years old & with offices in 25 countries; has worked in over 60 countries

World Education is an ACFID signatory and has AusAID accreditation

CEO and Program Director are experts in the field of Microfinance - have consulted for AusAID, UN, USAID, ADB and more

World Bank- The world is poorer than we thought

Our Core Work - MORE than just a LOAN “ The Three Pillars”

“ The Three Pillars”

Our Core Work - More than a Loan The First Pillar- Microfinance Small loans and financial services to poor people in order for them to start or expand self employment ventures. Provide access to appropriate financial services Savings Credit Insurance Remittances (payment transfer services)

The First Pillar- Microfinance

Small loans and financial services to poor people in order for them to start or expand self employment ventures.

Provide access to appropriate financial services

Savings

Credit

Insurance

Remittances (payment transfer services)

The Second Pillar- Literacy Enable people to develop the basic foundation skills of reading, writing and financial literacy Basic literacy courses Economic Education Classes Financial Literacy courses

The Second Pillar- Literacy

Enable people to develop the basic foundation skills of reading, writing and financial literacy

Basic literacy courses

Economic Education Classes

Financial Literacy courses

Basic Literacy Classes in Makwanpur, Nepal

The Third Pillar- Livelihoods Training in sewing, pig raising, lime drying, growing new crops Training in basic market assessments and business plans Building life skills- confidence building, hygiene, health, and leadership

The Third Pillar- Livelihoods

Training in sewing, pig raising, lime drying, growing new crops

Training in basic market assessments and business plans

Building life skills- confidence building, hygiene, health, and leadership

Why it works Does not create welfare/aid dependency Cost effective, sustainable and market oriented solution to poverty reduction Builds self esteem– enables individuals to support themselves and their families Grassroots level 97% Repayment rate

Does not create welfare/aid dependency

Cost effective, sustainable and market oriented solution to poverty reduction

Builds self esteem– enables individuals to support themselves and their families

Grassroots level

97% Repayment rate

Multiplier Effect Lending to one woman on average helps improve the direct lives of 5 others (World Education field experience) The local NGO or community group has increased skills to deliver the program to others in need Greater investment in female education could raises GDP growth by .2% per year and income per capita by 14% by 2020 ( Goldman Sachs “Women Hold Up Half the Sky”) World Education Australia’s mission positively impacts 6 of 8 UN Millennium Development Goals

Lending to one woman on average helps improve the direct lives of 5 others (World Education field experience)

The local NGO or community group has increased skills to deliver the program to others in need

Greater investment in female education could raises GDP growth by .2% per year and income per capita by 14% by 2020 ( Goldman Sachs “Women Hold Up Half the Sky”)

World Education Australia’s mission positively impacts 6 of 8 UN Millennium Development Goals

World Education Australia Projects Good Return online loan portal Tin Khamba- Nepal Microbank- Laos My Better Future- Cambodia Others: Tibet Sri Lanka Bangladesh

Good Return online loan portal

Tin Khamba- Nepal

Microbank- Laos

My Better Future- Cambodia

Others:

Tibet

Sri Lanka

Bangladesh

The Tin Khamba (three pillar) project provides poor, low-caste and minority women with an opportunity to develop their literacy and numeracy skills, manage their own savings and credit groups, and improve their livelihoods. Over 18 months, a disadvantaged Nepalese woman will participate in: basic literacy classes basic financial literacy classes, such as budgets and numeracy starting and running savings and loan groups livelihood workshops to gain skills to start or expand her business Nepal

The Tin Khamba (three pillar) project provides poor, low-caste and minority women with an opportunity to develop their literacy and numeracy skills, manage their own savings and credit groups, and improve their livelihoods.

Over 18 months, a disadvantaged Nepalese woman will participate in:

basic literacy classes

basic financial literacy classes, such as budgets and numeracy

starting and running savings and loan groups

livelihood workshops to gain skills to start or expand her business

What Next?

Why it will work Similar online models have raised over US $42 million through 337,000 online lenders Leverages existing and successful partnerships / relationships Innovative social enterprise Provides donors/lenders with transparency & direct connection with the beneficiary Marketing plan in place Pro bono Advertising and PR firm Web 2.0 Marketing tools

Similar online models have raised over US $42 million through 337,000 online lenders

Leverages existing and successful partnerships / relationships

Innovative social enterprise

Provides donors/lenders with transparency & direct connection with the beneficiary

Marketing plan in place

Pro bono Advertising and PR firm

Web 2.0 Marketing tools

We Need You!! Get Involved- Become a member Donate Spread the word of Good Return- can we use your email to let you know when it is launched? Volunteer

Get Involved-

Become a member

Donate

Spread the word of Good Return- can we use your email to let you know when it is launched?

Volunteer

Thank you