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Realizing Development through Social Businesses Peter Bladin, EVP, Programs & Regions Grameen Foundation October 2, 2010
Abject Poverty Is Widespread 1.4 BILLION people live on less than $1.25/day 1.1 BILLION people have no access to clean water 8.8MILLION children die each year from preventable diseases before age 5  2 Source: World Development Indictors 2010, World Bank (data from 2008)
Grameen Foundation Mission To enable the poor,  especially the poorest,  to create a world  without poverty 3
Grounded in a Proud Heritage Nobel Laureate Muhammad Yunus and Grameen Bank Launched Grameen Bank in 1976 ,[object Object]
Members-owned bank
Over $8.2 billion loaned;97.9% recovery rateGave $6,000 grant to launchGrameen Foundation in 1997 New focus on promoting and establishing social businesses  4
Microfinance: A Proven Strategy Reaching more than 150 million families More than 95% repayment 90% of demand still not met Widespread effects: creates access to education and healthcare for clients’ families 5
Impact of microfinance More than 90 impact studies support microfinance Findings show: ,[object Object]
Very poor clients do benefit from microfinance
Children of clients are better nourished and healthierSource:  Measuring the Impact of Microfinance: Taking Stock of What We Know,Nathanael Goldberg 6
Impact of microfinance  ,[object Object]

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Realizing Development Through Social Businesses presentation

  • 1. Realizing Development through Social Businesses Peter Bladin, EVP, Programs & Regions Grameen Foundation October 2, 2010
  • 2. Abject Poverty Is Widespread 1.4 BILLION people live on less than $1.25/day 1.1 BILLION people have no access to clean water 8.8MILLION children die each year from preventable diseases before age 5 2 Source: World Development Indictors 2010, World Bank (data from 2008)
  • 3. Grameen Foundation Mission To enable the poor, especially the poorest, to create a world without poverty 3
  • 4.
  • 6. Over $8.2 billion loaned;97.9% recovery rateGave $6,000 grant to launchGrameen Foundation in 1997 New focus on promoting and establishing social businesses 4
  • 7. Microfinance: A Proven Strategy Reaching more than 150 million families More than 95% repayment 90% of demand still not met Widespread effects: creates access to education and healthcare for clients’ families 5
  • 8.
  • 9. Very poor clients do benefit from microfinance
  • 10. Children of clients are better nourished and healthierSource: Measuring the Impact of Microfinance: Taking Stock of What We Know,Nathanael Goldberg 6
  • 11.
  • 12. Member of URWEGO, a Grameen Foundation partner in Rwanda
  • 13. First loan of $40 helped open a small restaurant; further loan used to purchase Village Phone business
  • 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 childrenMarie-Claire Ayurwanda 7
  • 15. Technology: Opening New Doors Almost 5 billion cell phones globally Two-thirds of cell phones in developing world Providing new access to information services Bridging the digital divide 8
  • 16. Social Development with Technology 9 Health Agriculture Mobile Applications Marketplace Weather
  • 17.
  • 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. Invest in social businesses or donate to programs with an economic and social outlook – the double bottom line matters
  • 20.