Investing in Local People And Their Communities. Our mission is to empower people to work their way...
-
Upload
geoffrey-stafford -
Category
Documents
-
view
219 -
download
0
Transcript of Investing in Local People And Their Communities. Our mission is to empower people to work their way...
![Page 1: Investing in Local People And Their Communities. Our mission is to empower people to work their way out of poverty, transforming their lives, their children’s.](https://reader036.fdocuments.in/reader036/viewer/2022062309/56649ef35503460f94c06480/html5/thumbnails/1.jpg)
Investing in Local People And Their Communities
![Page 2: Investing in Local People And Their Communities. Our mission is to empower people to work their way out of poverty, transforming their lives, their children’s.](https://reader036.fdocuments.in/reader036/viewer/2022062309/56649ef35503460f94c06480/html5/thumbnails/2.jpg)
Our mission is to empower people to work their way out of poverty, transforming their lives, their children’s futures and their communities.
CED STRATEGIES…
Opportunity International MISSION
![Page 3: Investing in Local People And Their Communities. Our mission is to empower people to work their way out of poverty, transforming their lives, their children’s.](https://reader036.fdocuments.in/reader036/viewer/2022062309/56649ef35503460f94c06480/html5/thumbnails/3.jpg)
• Identify and work with communities that have organized leadership in place, engage leadership aspirationally
• Use economic data and asset research to assess potential value added economic opportunities
• Lead with economic development w/ focus on sustainable SME development
• Leverage local/US business expertise to evaluate, prioritize and implement investment opportunities
• Co-invest with the poor & share ownership benefits to incentivize social/community action
CED STRATEGIES…
Community Economic Development STRATEGIES
![Page 4: Investing in Local People And Their Communities. Our mission is to empower people to work their way out of poverty, transforming their lives, their children’s.](https://reader036.fdocuments.in/reader036/viewer/2022062309/56649ef35503460f94c06480/html5/thumbnails/4.jpg)
CED FOCUS FOR NICARAGUA…
Agricultural Investments
Goal: Target improved agricultural practices, add value to local crops, access new markets through…
- Access to farm Loans- Transfer of Technology- Co-invest in a processing plant- ID new markets for local
products- Profit sharing with farmers
![Page 5: Investing in Local People And Their Communities. Our mission is to empower people to work their way out of poverty, transforming their lives, their children’s.](https://reader036.fdocuments.in/reader036/viewer/2022062309/56649ef35503460f94c06480/html5/thumbnails/5.jpg)
Agricultural Program Impact-to-date Growth 2014
Farm loans 220 200
Farmers recieving technical assistance
299 450
Increase in crop yields 30% per acre 30% per acre
Increase in net income/mza
50% At least 20%
Extension agents trained 30 50 per year
Products processed 7 maintain products
Production margin 18% maintain margin
Agricultural SME IMPACT
![Page 6: Investing in Local People And Their Communities. Our mission is to empower people to work their way out of poverty, transforming their lives, their children’s.](https://reader036.fdocuments.in/reader036/viewer/2022062309/56649ef35503460f94c06480/html5/thumbnails/6.jpg)
Rural Aqueduct as SME
• Poorest 2 communities in Granada• Without water for 12 years• Cost of buying water: $5.30/cm• Time hauling water: 2-4 hours day
Co-Investment Policy:– Establish legal entity to operate aqueduct– First investors in the project – Provide Non-technical Labor– Manage aqueduct as a business
![Page 7: Investing in Local People And Their Communities. Our mission is to empower people to work their way out of poverty, transforming their lives, their children’s.](https://reader036.fdocuments.in/reader036/viewer/2022062309/56649ef35503460f94c06480/html5/thumbnails/7.jpg)
La Laguna Water Aqueduct
![Page 8: Investing in Local People And Their Communities. Our mission is to empower people to work their way out of poverty, transforming their lives, their children’s.](https://reader036.fdocuments.in/reader036/viewer/2022062309/56649ef35503460f94c06480/html5/thumbnails/8.jpg)
Financial Impact of Rural Aqueduct as SME
Before SME
After SME
Impact
Cost of Water (per cubic meter) $5.30 $ 0.80 $4.50/cm savings
Monthly Cost per family $24.00 $6.00 $18.00/mo savings
Monthly water consumption 4.5 cm 8 cm
Annual Cost for water/family $288. $72.00 $216.00/annual savings
![Page 9: Investing in Local People And Their Communities. Our mission is to empower people to work their way out of poverty, transforming their lives, their children’s.](https://reader036.fdocuments.in/reader036/viewer/2022062309/56649ef35503460f94c06480/html5/thumbnails/9.jpg)
Community Impact of Aqueduct as SME:• More than 30 active leaders (70% women)• Affordable Potable Water – 3,000 persons• Unity among diverse groups• Community Development Fund – Home Repair Loans• Public/Private Collaboration: Road repair project (over $90k)
![Page 10: Investing in Local People And Their Communities. Our mission is to empower people to work their way out of poverty, transforming their lives, their children’s.](https://reader036.fdocuments.in/reader036/viewer/2022062309/56649ef35503460f94c06480/html5/thumbnails/10.jpg)
![Page 11: Investing in Local People And Their Communities. Our mission is to empower people to work their way out of poverty, transforming their lives, their children’s.](https://reader036.fdocuments.in/reader036/viewer/2022062309/56649ef35503460f94c06480/html5/thumbnails/11.jpg)
Community Economic Development Principles
PRINCIPLES TO GUIDE Our WORK…
•Work is community based, with growth and transformation best realized in the context of community.
• The primary focus is on assets, both in people and in communities, not on needs or limitations.
• Lead with economic development. Make a Change!
• Lending to the poor has benefits beyond charity, and investing with the poor has benefits beyond lending.
• Invest in the leadership capacity of the community.
•Never do for the poor what they can do for themselves. Don’t get ahead of the people.
COMMUNITY ECONOMIC DEVELOPMENT PRINCIPLES