The Objectives for this Module include:
-Becoming familiar with models of lending approaches in microfinance
-Identifying strengths and weaknesses of the main lending approaches
-Reviewing the phases of group formation
Presentation on Impact Investing at the 2nd Annual Social Entrepreneurship Summit at Washington & Lee University's Williams School of Commerce, Economics and Politics.
The Objectives for this Module include:
-Becoming familiar with models of lending approaches in microfinance
-Identifying strengths and weaknesses of the main lending approaches
-Reviewing the phases of group formation
Presentation on Impact Investing at the 2nd Annual Social Entrepreneurship Summit at Washington & Lee University's Williams School of Commerce, Economics and Politics.
Supporting Private Investment in Infrastructure FinanceIwl Pcu
Need for Private Financing:
1.Financing needs are too large to be met soely by donor and host government funds:
need for sustainable solutions
2.Conducive legal and regulatory environment critical: to attract private capital
banks will still be reluctant to undertake new projects in new sectors
3.Partial guarantees can serve as a catalyst for: private financing in new sectors and new projects
development of capital markets.
Guidebook for Impact Investors: Impact MeasurementPurpose Capital
Purpose Capital recently published Guidebook for Impact Investors: Impact Measurement, a guidebook for impact investors to help them enhance their use of social metrics.
The guide provides investors with with:
- A basic overview of social metrics for impact investing
- An outline of the issues and challenges of social impact measurement
-A summary of existing social impact measurement tools and a description of how they are being used
-A set of diagnostic tools to help you think through key questions and issues related to measurement and to select appropriate social impact metrics based on selected goals
For more information, visit: http://www.purposecap.com/portfolio/guidebook-for-impact-investors-impact-measurement/
Social impact bonds at a glance, August 2017Liat Zwirn
The social impact field has been enriched by new ideas and approaches, allowing it to do more with limited resources. This presentation glances at one of the new financing models: social impact bonds.
Other NGOs such as Dustho Shasthya Kendro (DSK), Nijera Kori, ASA etc should give an positive steps to follow BRAC, Grammen Bank and Gono Shasthya Kendro (GSK) to develop social business in order to earn fund in collaboration of overseas investors who consider the impact of their investment and profit. The local NGOs should change their mind and reform themselves to attract overseas investments.
A brief overview of finance for development, to encourage business enterprises to seek opportunity in the new global Sustainable Development Goals (SDGs)
Supporting Private Investment in Infrastructure FinanceIwl Pcu
Need for Private Financing:
1.Financing needs are too large to be met soely by donor and host government funds:
need for sustainable solutions
2.Conducive legal and regulatory environment critical: to attract private capital
banks will still be reluctant to undertake new projects in new sectors
3.Partial guarantees can serve as a catalyst for: private financing in new sectors and new projects
development of capital markets.
Guidebook for Impact Investors: Impact MeasurementPurpose Capital
Purpose Capital recently published Guidebook for Impact Investors: Impact Measurement, a guidebook for impact investors to help them enhance their use of social metrics.
The guide provides investors with with:
- A basic overview of social metrics for impact investing
- An outline of the issues and challenges of social impact measurement
-A summary of existing social impact measurement tools and a description of how they are being used
-A set of diagnostic tools to help you think through key questions and issues related to measurement and to select appropriate social impact metrics based on selected goals
For more information, visit: http://www.purposecap.com/portfolio/guidebook-for-impact-investors-impact-measurement/
Social impact bonds at a glance, August 2017Liat Zwirn
The social impact field has been enriched by new ideas and approaches, allowing it to do more with limited resources. This presentation glances at one of the new financing models: social impact bonds.
Other NGOs such as Dustho Shasthya Kendro (DSK), Nijera Kori, ASA etc should give an positive steps to follow BRAC, Grammen Bank and Gono Shasthya Kendro (GSK) to develop social business in order to earn fund in collaboration of overseas investors who consider the impact of their investment and profit. The local NGOs should change their mind and reform themselves to attract overseas investments.
A brief overview of finance for development, to encourage business enterprises to seek opportunity in the new global Sustainable Development Goals (SDGs)
When one thinks about risk management and finance, one immediately thinks about insurance. Insurance can be an effective way of managing risks that could otherwise result in large losses, which low-income people cannot cope with out of their cash flow or through the informal support of friends and relatives. To be most effective, however, insurance should be part of a broader range of financial services that includes savings, credit and money transfers, which together enable the working poor to manage a variety of risks.
To test new approaches, the ILO is currently working with partners in Asia to develop integrated risk management solutions. This webinar presents the experiences of four partners who are developing savings-linked risk management solutions to help members better manage risks related to health, calamity and life.
The featured partners include: KOMIDA, a non-profit MFI in Indonesia, Oro Integrated Co Operative (OIC) and Nabunturan Integrated Co Operative (NICO), two savings and credit cooperatives in the Philippines and CLIMBS, a cooperative insurance in the Philippines. The webinar presents lessons from the product development process and results from ongoing pilots.
Social Enterprise Presentation 1-31-19 final SMALL.pdfAliZainParhar
Social Enterprise Presentation
Outline
• Social Enterprises
• Venture Development Toolkit
• Impact Investment
• Social Return on Investment (SROI)
• Social Value Creation – Rethink Problem/Solution
John Glazer
glazerj@ohio.edu
Senior Executive in Residence for Strategic Development
Technical Director, Social Enterprise Ecosystem
Voinovich School of Leadership
& Public Affairs
Ohio Universit
ODA for Capacity Building in the Social Enterprise- and the SME-Sector in IndiaMartin Vogelsang PhD
Based on my long-standing experience as impact investor in India I would like to suggest that Official Development Assistance (ODA) coming into the country is disbursed more strongly towards capacity building (training, education) and supporting the incubation of viable social enterprises and inclusive businesses catering to the “Base-of-the-Pyramid”. Investing into this area of the Indian economy would not only help alleviate to poverty and at least partly solve some of the grave environmental problems the country is facing. Such an initiative could also help India’s corporate sector become more engaged in creating and scaling innovative solutions in the areas of technology or financial services that could open up new markets for them.
Local Kenyan entrepreneurs are developing profitable energy access businesses, but these investable opportunities are a blind spot for impact investors.
WRI, with support from the DOEN Foundation and Wallace Global Fund, has sought to make these businesses more visible by conducting interviews with both local entrepreneurs and investors, documenting barriers and opportunities for investment and exploring ideas for shifting approaches to investing.
Learn more at https://www.wri.org/events/2019/06/creating-pipeline-local-entrepreneurs
Scale Up Milwaukee is an action project focused on developing the entrepreneurial capacity in Milwaukee by bringing together the policies, structures, programs and climate that foster entrepreneurship.
Scale Up Milwaukee is based on a model developed by Daniel Isenberg, founding executive director of the Babson Entrepreneurship Ecosystem Projects. Isenberg has worked with entrepreneurship ecosystems abroad, including in Colombia, Brazil and Denmark, fostering policies, structures and cultures that stimulate long-term economic growth, development and prosperity through programs and workshops.
Milwaukee is the first community in the U.S. to develop an entrepreneurship program based on this model. The initiative is also backed by Governor Scott Walker and Mayor Tom Barrett as part of a bipartisan effort to grow the economy by stimulating high-growth ventures and encouraging job creation.
The long-term strategy for Scale Up Milwaukee is to create an integrated effort to simultaneously impact six domains of the entrepreneurial ecosystem in Milwaukee: Culture, Policy and Leadership, Finance, Human Capital, Markets, and Supports.
Scale Up Milwaukee is an action project focused on developing the entrepreneurial capacity in Milwaukee by bringing together the policies, structures, programs and climate that foster entrepreneurship.
Scale Up Milwaukee is based on a model developed by Daniel Isenberg, founding executive director of the Babson Entrepreneurship Ecosystem Projects. Isenberg has worked with entrepreneurship ecosystems abroad, including in Colombia, Brazil and Denmark, fostering policies, structures and cultures that stimulate long-term economic growth, development and prosperity through programs and workshops.
Milwaukee is the first community in the U.S. to develop an entrepreneurship program based on this model. The initiative is also backed by Governor Scott Walker and Mayor Tom Barrett as part of a bipartisan effort to grow the economy by stimulating high-growth ventures and encouraging job creation.
The long-term strategy for Scale Up Milwaukee is to create an integrated effort to simultaneously impact six domains of the entrepreneurial ecosystem in Milwaukee: Culture, Policy and Leadership, Finance, Human Capital, Markets, and Supports.
Presentación Mark Kramer- 22 Encuentro Empresarial CRCPCamaraeventos
Mark Kramer, profesor de Harvard, el autor- junto al profesor Michael Porter-, de la Creación de Valor Compartido. Estuvo presente en el 22 Encuentro Empresarial: Inspira desarrollado por la Cámara Regional de Comercio de Valparaíso los días 6 y 7 de Junio del 2018, en Viña del Mar.
Similar to Alvarez ultra poorplenary_presenter3-final (20)
Introduction to minimum economic recovery standards 2nd edition
Alvarez ultra poorplenary_presenter3-final
1. Microfinance and
the Ultra Poor:
Are they compatible?
Can they work together?
The Graduation Program
in Honduras
Washington DC, November 2012
SEEP 2012 Annual Conference
Building Inclusive Markets: Impact Through Financial and Enterprise Solutions
2. Project Objectives
• To evaluate the social and economic impacts of different
interventions – donations of livestock and agricultural inputs
and tools, capacity building, appropriate follow-up and
monitoring, and entrepreneurship training.
• To examine the feasibility of using microfinance to “graduate”
households living in extreme poverty and of the resulting
impacts of this approach.
• To contribute to improvements in the quality of life of children
and youth in families living in extreme poverty by
strengthening their households’ capacities to access and
pursue economic development opportunities.
SEEP 2012 Annual Conference
Building Inclusive Markets: Impact Through Financial and Enterprise Solutions
3. SEEP 2012 Annual Conference
Building Inclusive Markets: Impact Through Financial and Enterprise Solutions
4. Who were the ultra poor households?
• Households without productive assets (cows,
pigs, goats, chickens, etc.)
• Households with incomes below the cost of the
basic food basket (USD$30.75/person/month)
• Households with a maximum of 1.75 acres /
0.8ha of cultivable land
• Households who are not participating in any
structured development project aimed at
poverty alleviation
• Households with boys or girls (12 to 18 years
old) working outside their homes to generate
income
SEEP 2012 Annual Conference
Building Inclusive Markets: Impact Through Financial and Enterprise Solutions
5. How to reach the Ultra Poor?
Initial steps
Selection of Households
• Implementation of the Participatory Poverty Wealth Ranking
Analysis (PPWR)
Households training (All participant households)
• Use of transferred assets,
• Use of microfinance services (savings, credit, & financial
literacy)
• Microentrepreneurship
• Food Production
• Social development (leadership, gender, conflict resolution)
• Basic health
• Child rights and protection
SEEP 2012 Annual Conference
Building Inclusive Markets: Impact Through Financial and Enterprise Solutions
6. Initial steps, cont.
Assets transfer process
• Provide assets (e.g., groceries to sell, seeds,
livestock, etc.) to start income generating
activities
• Households that failed the first attempt were
given a second chance
• Consumption suppor to meet food and health
deficit (Year 1)
• Stipend converted to Savings as an incentive to
begin a savings program (Year 2) – with financial
literacy as the main component of the program
Building Inclusive
12/5/2012 Markets: Impact Through Financial and
Enterprise Solutions 2012
7. Obstacles to working
with the ultra poor
• Live in isolated areas, hard to reach
• Unwillingness to participate in the program
• Lack of information at the community and
municipality (county) levels about who are the
ultra poor
• Only one MFI willing to become partner in the
microfinance component of the program
SEEP 2012 Annual Conference
Building Inclusive Markets: Impact Through Financial and Enterprise Solutions
8. What worked and what did not?
Worked Did not work
• Intensive financial literacy • Group savings and loans
training • Location of the MFI
• Follow up visit to the offices
participant households
• Provide a cash incentive
• Community-level savings
to save
committees
• Individual savings and loans
• Income generation activities
to save
• Field visit from the MFI
officials
Building Inclusive
12/5/2012 Markets: Impact Through Financial and
Enterprise Solutions 2012
9. How do households invest their savings?
• Support children to attend school (10%)
• Send children to high school in main towns
(20%)
• Buy more food and medicine (30%)
• Invest in income generating activities (20%)
• Emergencies (10%)
• Repair their houses (10%)
SEEP 2012 Annual Conference
Building Inclusive Markets: Impact Through Financial and Enterprise Solutions
10. What about the MFI’s role?
• 2 saving products designed (adults, youth*)
• Promotion of the products through local radio & TV
• Savings captured source of low cost funds
• Good business for the MFI
– established a branch (self-sustaining after 3 years)
– Increased from 2 to 6 credit officers
• Planning to introduce more technology to reduce
transaction cost
Building Inclusive
12/5/2012 Markets: Impact Through Financial and
Enterprise Solutions 2012
11. Outcomes
• 95.4% of the households have a saving
account
• 85% of the households are still saving at
the MFI
• 15% of the households did not continue to
save, why?
– Their businesses failed
– Their families suffered diseases
– Quit the program
Building Inclusive
12/5/2012 Markets: Impact Through Financial and
Enterprise Solutions 2012
12. Outcomes, cont.
• 89% of the households had a balance around
$55
• Only 3.4% withdraw their savings monthly
• 31% of the households have a loan, 61%
invest in agriculture
• 52.7% of the borrowers have loan sizes
between $125 and $375 with a period from 7
to 12 months
Building Inclusive
12/5/2012 Markets: Impact Through Financial and
Enterprise Solutions 2012
13. Results
• A community institution has been established
– the project not only helped families change
the way they live and work, but also led to the
establishment of a full-service MFI.
• Participants now think about and plan for the
future.
Building Inclusive
12/5/2012 Markets: Impact Through Financial and
Enterprise Solutions 2012
14. Microentrepreneurs of the Program
Building Inclusive
12/5/2012 Markets: Impact Through Financial and
Enterprise Solutions 2012
16. GRACIAS
Building Inclusive
12/5/2012 Markets: Impact Through Financial and
Enterprise Solutions 2012
Editor's Notes
The ultra poor households were those without productive assets, with income below the cost of the basic food basket, with a maximum of 0.8 hectare, not participating in poverty alleviation project, with boy and girls between 12 and 18 years old working outside their houses.