Irkutsk

RU

SS

IA

Research in 3 villages

Criteria: UR - Unemployment rateAS - Avg. salary (€)Method:Interviews

Microfinance

Microfinance CentersProvide potential rural businessmen with microloans for business idea development

Tyret

Elantsy

Kultuk

Lake Baikal

Processes:� Evaluate clients and business ideas� Assist in business plan writing� Prepare individual terms of loan distribution

Population: 4148UR: 11%AS: 210

Population: 4276UR: 15%AS:157

Population: 5000UR: 12,2%AS: 142

Irkutsk Region

Microfinance Education Monitoring Volunteering

Microfinance Centre Education Monitoring CSR

Education

Microfinance

� Organize seminars and trainings on financial literacy

� Provide an individual consultations

1. Enhance Financial Literacy

� Prepare tests on leadership, motivation, decision making, riskiness

� Form an evaluation criteria

2. Evaluate Entrepreneurial potential

� Develop Individual Entrepreneurial Evaluation Report

� Assist in Business Plan writing

3. Define Individual Terms of microloans

Amount of microloans

Cost of borrowing

Terms

Education

Microfinance

Monitoring

Microfinance Education Monitoring Volunteering

Terms:Progress Report Control Points:1st year – every month2nd year – every 2 months3rd year - every 4 months4th year – every 6 months5th year – once in a year

Processes:

� Individual Monitoring Program� Define the format of the Progress Report� Determine tools of control� Provide Individual feedback

Individual Monitoring Program

Report Collection

Checking out business

development

Analysis

Problems/opportunities

identification

Feedback

Plan of improvements

Control: Consult:

Volunteer for Sustainable Development Program

Strategy of Irkutsk Region – Sustainable Development

Education

Microfinance

Monitoring

Volunteering

Microfinance Education Monitoring Volunteering

Economic

Environmental

Socio-cultural

Involve rural entrepreneurs in regional development projects

Terms:

� Obligatory participation in one project� Opportunity to earn Bonuses

Processes:

� Seek partners� Develop projects� Build database of rural volunteers involvement

Education

Microfinance

Monitoring

Multifunctional Centre

Education

Microfinance

Monitoring

Volunteering

Innovation in the Banking Sector

New CSR tool

Implementation

12 14 16 18 20

Pilot Project in Irkutsk Region

6 8 10Months

Citizen ACT

Preparation Stage Education Monitoring

VSD

EducationSeminar & Training

Material

MF

Microfinance

Monitoring

SD Projects

Methodology

Promotion

Communication

Ideas development

Negotiations: Government, NGOs,

Universities, Coachers

Online/Offline Expand

Project I Planning Project II

MF

Education

Monitoring

Deadline

Banker’s employees

Students from Finance school

1. Chief manager of centre 2. Manager of regional centre3. Finance manager4. Accountant5. Risk manager6. Project manager

7. Coacher8. Volunteer

Long-term

Short-term

Human Resources

R – responsible W- write C - contribute

Col

orfu

l Fut

ure

Financial Resources

Optimistic = 97%

Realistic = 95%

Pessimistic = 91%

Assumed repayment rates:

Local AdministrationBank’s employees

Students, Volunteers, Interns

NGOs

Clients

Email, Letters to stakeholders, meeting

Social network, Blog, TV/Radio

Advertising TV/Radio, Social network

Advertising TV/RadioRegional announcements

Communication plan

Government

BankNGO

University

•Providing SD for the region•Involving volunteers among representatives of business environment

•Project ideas for development Irkutsk region•Investments•Additional financial support

•A grass-root experience of project management

•Interns (Coachers)•Students – volunteers for VSD, for coaching

•Interested in HR•Resources for project implementation

•Assistance volunteers projects•Collaboration projects

•Improving CSR policy •Becoming a part of the regional development process•Building a positive image

•Employees•Resources•Investments

Partnerships

Colorful Future – small part of a big change

Thank you for your attention!