Realizing Development Through Social Businesses presentation

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Realizing Development Through Social Businesses presentation

  1. 1. Realizing Development through Social Businesses<br />Peter Bladin, EVP, Programs & Regions<br />Grameen Foundation<br />October 2, 2010<br />
  2. 2. Abject Poverty Is Widespread<br />1.4 BILLION<br />people live on less than $1.25/day<br />1.1 BILLION<br />people have no access to clean water<br />8.8MILLION<br />children die each year from preventable diseases before age 5 <br />2<br />Source: World Development Indictors 2010, World Bank (data from 2008)<br />
  3. 3. Grameen Foundation Mission<br />To enable the poor, <br />especially the poorest, <br />to create a world <br />without poverty<br />3<br />
  4. 4. Grounded in a Proud Heritage<br />Nobel Laureate Muhammad Yunus and Grameen Bank<br />Launched Grameen Bank in 1976<br /><ul><li>7.9million borrowers;96% women
  5. 5. Members-owned bank
  6. 6. Over $8.2 billion loaned;97.9% recovery rate</li></ul>Gave $6,000 grant to launchGrameen Foundation in 1997<br />New focus on promoting and establishing social businesses <br />4<br />
  7. 7. Microfinance: A Proven Strategy<br />Reaching more than 150 million families<br />More than 95% repayment<br />90% of demand still not met<br />Widespread effects: creates access to education and healthcare for clients’ families<br />5<br />
  8. 8. Impact of microfinance<br />More than 90 impact studies support microfinance<br />Findings show:<br /><ul><li>Microfinance accounted for 40 percent drop in moderate poverty in rural Bangladesh
  9. 9. Very poor clients do benefit from microfinance
  10. 10. Children of clients are better nourished and healthier</li></ul>Source: Measuring the Impact of Microfinance: Taking Stock of What We Know,Nathanael Goldberg<br />6<br />
  11. 11. Impact of microfinance <br /><ul><li>HIV-positive, single mother with four children
  12. 12. Member of URWEGO, a Grameen Foundation partner in Rwanda
  13. 13. First loan of $40 helped open a small restaurant; further loan used to purchase Village Phone business
  14. 14. As a result of the Village Phone business, Marie-Claire generates roughly $600 per year, attracted more customers to her restaurant and provided education for all four children</li></ul>Marie-Claire Ayurwanda<br />7<br />
  15. 15. Technology: Opening New Doors<br />Almost 5 billion cell phones globally<br />Two-thirds of <br />cell phones in developing world<br />Providing new access to information services<br />Bridging the digital divide<br />8<br />
  16. 16. Social Development with Technology<br />9<br />Health<br />Agriculture<br />Mobile Applications<br />Marketplace<br />Weather<br />
  17. 17. What Can You Do?<br />10<br /><ul><li>Continue what you are doing… Visit projects and advice local social entrepreneurs
  18. 18. Work with local educational institutions (like Ashesi) that are educating the next generation of (social) business leaders to improve people’s lives and livelihoods
  19. 19. Invest in social businesses or donate to programs with an economic and social outlook – the double bottom line matters
  20. 20. Embrace social business concepts to solve development problems (i.e. incorporate economic development aspects into on the ground health programs)</li></li></ul><li>www.grameenfoundation.org<br />11<br />

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