Post on 28-Dec-2015
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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
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”
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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”
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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”