1 By: Ani K. Kazarian Research Scholar, The C.A.K.E. Foundation United Nations 56th Annual DPI/NGO...
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Transcript of 1 By: Ani K. Kazarian Research Scholar, The C.A.K.E. Foundation United Nations 56th Annual DPI/NGO...
1
By: Ani K. Kazarian Research Scholar, The C.A.K.E. Foundation
United Nations 56th Annual DPI/NGO Conference
September 9th, 2003
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
Micro-Finance: Empowering Women and Persons with Disabilities Toward
Economic Security
DRAFT9/8/03
10:30 PM
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Outline of Presentation
I. BackgroundII. OverviewIII. Process StepsIV. Team Member RolesV. Appendices
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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I. Background
I. BackgroundII. OverviewIII. Process StepsIV. Team Member RolesV. Appendices
I. Background
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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Ani K. Kazarian Background
• Research Scholar of The C.A.K.E. Foundation• Several years as team member• Focus - NIS/Global benchmarking and best practices• High school senior at The Lincoln School
I. Background
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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The Charles & Agnes Kazarian Eternal (C.A.K.E.) Foundation
• 501(c)(3) non-profit, operating foundation, established in 1998• Foundation assets approaching $20 million• Areas of focus: education, technology, and healthcare• Lead sponsor of Community Micro-Finance• Other initiatives include: Japonica Intersectoral, language software program, and public sector benchmarking publications
I. Background
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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II. Overview
II. Overview
I. BackgroundII. OverviewIII. Process StepsIV. Team Member RolesV. Appendices
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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Community Micro-Finance: Mission
“Providing financial and social support services to women and individuals with
disabilities of Armenian heritage”
II. Overview
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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• Armenian women are a driving force for change, yet have a much higher unemployment rate than men• Individuals with disabilities are largely neglected if not shunned• Micro-finance supplemented by social support services strengthens democracy and free enterprise
II. Overview
Our Situation Assessment
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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C.A.K.E.’s Community Micro-Finance Initiative
• Provide financial and social support services to women and individuals with disabilities of Armenian heritage• Create a network of leading U.S. and Armenian providers• Manage metrics to increase effectiveness of funding• Develop a model that can be replicated globally
II. Overview
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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Key Team Members
II. Overview
• C.A.K.E.
• Outreach Partner(s)
• Paul V. Sherlock Center on Disabilities
• Micro-finance Provider(s)
• Healthcare and Rehabilitative Services Coordinator
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
11III. Process Steps
III. Process Steps
I. BackgroundII. OverviewIII. Process StepsIV. Team Member RolesV. Appendices
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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Six Process Steps
• Established New Philanthropy Benchmarking as framework• Requested 4 customized Executive Briefs• Reviewed relevant research literature• Met with industry professionals• Conducted due-diligence on Micro-finance providers• Currently drafting letter agreements
III. Process Steps
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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Established “New Philanthropy Benchmarking”
as Framework
• New Philanthropy Benchmarking: Wisdom for the Passionate (NPB)
- To learn more go to www.unitedu.com/NPB.html - Available at Amazon and Barnes & Noble, etc.
III. Process Steps
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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Requested 4 Customized Executive Briefs
III. Process Steps
• Requested 4 Executive Briefs from Japonica Intersectoral
• Costs 10% of a comparable work product
• Received in a fraction of the time to alternatives (3 to 4 weeks)
• Can be found at www.japonicaintersectoral.com
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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Example Resources from Literature Reviewed
• Consultative Group to Assist the Poorest (CGAP)• Rating Agencies• USAID• UN/UNDP• World Bank• Women’s World Banking (WWB) • Micro-finance bulletins and trade journals
III. Process Steps
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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Meetings with Industry Professionals: Select Examples
• USAID• UNDP• Planet Finance rating agency - Paris• Paul V. Sherlock Center on Disabilities• NIS Regional Organizations - Yerevan, Moscow, Kiev
III. Process Steps
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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Due-Diligence of Micro-Finance Providers
• Identified and researched 5 prospective candidates• Selected top candidates had benchmark transparency
- each had extensive rating profiles• Conducted two day on-site due-diligence• Performed extensive reference checkings
III. Process Steps
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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Drafting Letter Agreements with Providers and Partners
• Outreach Partner(s)• Paul V. Sherlock Center on Disabilities• Micro-finance provider(s)• Healthcare and rehabilitative services coordinator
III. Process Steps
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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Team Member Roles
IV. Team Member Roles
I. BackgroundII. OverviewIII. Process StepsIV. Team Member RolesV. Appendices
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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Global Micro-Finance Guiding Principle
“Credit without DISCIPLINE is nothing but
charity. Charity in the name of credit will
destroy the poor, not help them.”
IV. Team Member Roles
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
21IV. Team Member Roles
Key Team Members
• C.A.K.E.
• Outreach Partner(s)
• Paul V. Sherlock Center on Disabilities
• Micro-finance Provider(s)
• Healthcare and Rehabilitative Services Coordinator
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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C.A.K.E.’s Role
• Oversight management• Coordinates funding• Continuously researches benchmarking and best
practices• Minimize unintended consequences
IV. Team Member Roles
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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Outreach Partner(s)’ Role
• Develop marketing / PR strategy• Utilize member network• Initial screening of candidate• Allocate seed capital grants• Supplement business development services
IV. Team Member Roles
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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Paul V. Sherlock Center on Disabilities’ Role
• Internationally recognized benchmark • Provide training to local social service professionals• Improve business development programs
IV. Team Member Roles
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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Micro-Finance Provider’s Role
• Develop affinity group loan products- entrepreneurs- students- employers of target group
• Process loans• Coordinate business development services
- business plans- classes and workshops
IV. Team Member Roles
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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Healthcare and Rehabilitative Services Coordinator’s Role
• Coordinator of specialist providers• Suggest candidates• Provide assistive devices and rehabilitative services• Provide occasional medical treatment
IV. Team Member Roles
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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V. Appendices
V. Appendices
I. BackgroundII. OverviewIII. Process StepsIV. Team Member RolesV. Appendices
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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Appendix A
V. Appendices
• Executive Summary• www.charmo.com/cmf_exec_summary.html
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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Appendix B
V. Appendices
• Two day due-diligence agenda• www.charmo.com/cmf_materials.html
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”
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By: Ani K. Kazarian Research Scholar, The C.A.K.E. Foundation
United Nations 56th Annual DPI/NGO Conference
September 9th, 2003
Micro-Finance: Empowering Women and Persons with Disabilities Toward
Economic Security
COMMUNITY MICRO-FINANCE"Providing financial and social support services to women and individuals with disabilities of Armenian heritage”