Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
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
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
10. Children of clients are better nourished and healthierSource: Measuring the Impact of Microfinance: Taking Stock of What We Know,Nathanael Goldberg 6
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