Creating a World
Living in Peace Forum
November 15, 2009
WITHOUT
POVERTY
1
Overview
• Grameen Foundation Programs
– SPM
– Technology
– Forgotten Bottom
– CMAC
• CMAC Products
– Growth Guarantee
– P...
Headquarters: Washington, DC
Grameen Technology Center: Seattle, WA
Regional offices planned for Asia and sub-
Saharan Afr...
GF Programs
4
Social Performance Management
•Developed Progress out of
Poverty Index™
•Objective client poverty
assessment tool
•Already...
Serving the World’s Poorest People
•Identify, test, scale and
replicate solutions that
•Provide financial tools
•Give acce...
Technology for Microfinance
•Mifos: open source
microfinance technology
platform
•Successfully deployed
in five organizati...
Technology For Development
•Establishing cell phone
business opportunities
•Providing vital information
and services such ...
Access to Commercial Capital
Microfinance institutions need financial tools and resources to
help them grow and expand eff...
10
Growth Guarantee Program
• The basics
 First US$31 million round launched in November 2005 with 9 Donor
Guarantors. GF...
Pioneer Fund
11
Investment Objective
The Pioneer Fund (initial capitalization of $10 million) endeavors to catalyze the mi...
Contact Information
Jennifer Meehan, CEO, Asia
+ 852.2529.6300
jmeehan@grameenfoundation.org
Mike Gabriel, Asia Product Ma...
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Microfinance Forum 2009 (5.Grameen Pioneer Fund)

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2009/11/15にJICA東京で行われたLIPマイクロファイナンスフォーラム2009の資料です。

◆第2部:マイクロファイナンス投資
3. 貧困削減のためのマイクロファイナンス投資
 ― Christopher Tan (グラミン財団, フィリピン駐在員)

Published in: Economy & Finance
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Microfinance Forum 2009 (5.Grameen Pioneer Fund)

  1. 1. Creating a World Living in Peace Forum November 15, 2009 WITHOUT POVERTY 1
  2. 2. Overview • Grameen Foundation Programs – SPM – Technology – Forgotten Bottom – CMAC • CMAC Products – Growth Guarantee – Pioneer Fund 2
  3. 3. Headquarters: Washington, DC Grameen Technology Center: Seattle, WA Regional offices planned for Asia and sub- Saharan Africa Our Global Reach 3
  4. 4. GF Programs 4
  5. 5. Social Performance Management •Developed Progress out of Poverty Index™ •Objective client poverty assessment tool •Already PPIs for 21 countries •Establishing industry standard THE CHALLENGE Helping microfinance institutions create systems of accountability around their social goals OUR STRATEGY 5
  6. 6. Serving the World’s Poorest People •Identify, test, scale and replicate solutions that •Provide financial tools •Give access to business opportunities THE CHALLENGE Breaking down barriers to reaching the poorest people with microfinance and technology OUR STRATEGY 6
  7. 7. Technology for Microfinance •Mifos: open source microfinance technology platform •Successfully deployed in five organizations •Technology readiness: helping organizations adopt and manage new technology THE CHALLENGE Increasing efficiency of microfinance organizations OUR STRATEGY 7
  8. 8. Technology For Development •Establishing cell phone business opportunities •Providing vital information and services such as health and agriculture via cell phones THE CHALLENGE Giving poor people access to relevant information and business opportunities OUR STRATEGY 8
  9. 9. Access to Commercial Capital Microfinance institutions need financial tools and resources to help them grow and expand efficiently •Growth Guarantees: $60 million program guarantees loans in local currency from local banks •Pioneer Fund: direct investment in smaller institutions working in poorest communities •Advisory Services/Investment Readiness Trainings THE CHALLENGE OUR STRATEGY 9
  10. 10. 10 Growth Guarantee Program • The basics  First US$31 million round launched in November 2005 with 9 Donor Guarantors. GF is currently inviting new Donor Guarantors to join the program, bringing total program size to $60 million. Current commitment is $54.5 million. • How does it work?  Donor Guarantors use their credit, not their money: Program supporters do not make a direct financial contribution. They participate by providing their names and credit while continuing to earn returns on their individual investment portfolios.  By working through local banks, GF generates over $4 in micro-loans for each $1 of guarantee commitment. 100% of a Guarantor’s commitment goes to leveraging micro-loans for the poor. • Who does the program support?  Poverty-focused microfinance institutions (MFIs) aspiring to expand rapidly and capable of managing large amounts of commercial financing. GF works with a select group of leading MFIs around the world with excellent track records in financial and operational performance, strong management teams, and poverty focus.
  11. 11. Pioneer Fund 11 Investment Objective The Pioneer Fund (initial capitalization of $10 million) endeavors to catalyze the microfinance industry towards the large-scale provision of financial services tailored to the poor in underserved markets. Investment Focus The Pioneer Fund will provide senior loans, subordinated loans and standby letters of credit to institutions that have a strong potential to achieve the its investment objective but lack the required funding. Investments will be targeted to the following chronically capital-constrained entities: • High Potential Tier III Microfinance Institutions (MFIs) – Primary Focus High potential early-stage MFIs who can become tomorrow’s industry leaders and achieve the Pioneer Fund objectives on a large scale. • “Industry Pioneers” – Secondary Focus Innovators with the potential to catalyze the microfinance industry towards achieving Pioneer Fund objectives, particularly through a demonstration effect. Limited to 25% of total capital deployed MFIs which are young, small, at or near profitability and not commercially funded are considered “Tier III”.
  12. 12. Contact Information Jennifer Meehan, CEO, Asia + 852.2529.6300 jmeehan@grameenfoundation.org Mike Gabriel, Asia Product Manager, CMAC + 63.917.568.0894 mgabriel@grameenfoundation.org Christopher Tan, Country Director, Philippines + 63.917.507.8030 ctan@grameenfoundation.org 12
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