Innovations and Inspirations. Pathways out of poverty for the poorest.
Category Archives: 100 Million Project
The 100 Million Project, an initiative of the Microcredit Summit Campaign, is leading a global campaign to partner with institutions around the world through “Campaign Commitments.” These are statements of those individuals and institutions dedicated to the end of extreme poverty describing how they will work toward that end, through specific, measurable, and time-bound actions.
Campaign Commitments will be the first global and measurable set of commitments by a wide range of organizations from different sectors expressly established to help 100 million families lift themselves out of extreme poverty. By stating publicly the actions that we are taking to help reach the end of extreme poverty, we will build greater transparency and increase accountability to each other in following through on the Commitments we’ve made.
Join the Microcredit Summit Campaign and state what specific, measurable, and time-bound actions your organization will commit to completing to reach Goal 2, the “100 Million Goal,” and help us take a major step toward ending extreme poverty by 2030.
In just two weeks, RESULTS Educational Fund, the parent organization of the Microcredit Summit Campaign, will celebrate its 35th anniversary with the 2015 RESULTS International Conference in Washington, D.C. Attendees will hear from leading experts, activists, and policymakers on the challenges and solutions to ending poverty. Join World Bank President Jim Yong Kim, Senator Sherrod Brown (D-Ohio), and Nobel laureate Muhammad Yunus.
We invite you to join in the festivities and attend our workshop called “Partnerships to End Poverty: Health, Government, and Financial Services” on Sunday, July 19th at 4:30 – 6:00 PM. Our session will focus on integrated health and microfinance and linking the graduation model and conditional cash transfers (CCTs). Sonja Kelly (CFI) will moderate a panel discussion with Olumide Elegbe (FHI 360), Dr. DSK Rao, and Larry Reed. Join us to learn why these are key pathways to help end extreme poverty and how you can influence the global development agenda. Español | Français | Continue reading →
>>Authored by Kristin Smith, Program Intern for the 100 Million Project
Just a few weeks before joining the Microcredit Summit Campaign team, I traveled with Global Brigades to teach financial literacy workshops and provide microenterprise consulting to small business owners in an indigenous community in Panama.
The program, founded in 2003, sends university students from the United States and select European countries on a series of brigades to Panama, Honduras, Nicaragua, and Ghana to “strengthen the health and economic development of communities” by meeting a certain aspect of their “holistic model.” Learn more.
Their holistic model attempts to assess and address the most dire needs of developing communities in an intentionally sequenced process to help them achieve a state of sustainable self-sufficiency.
The Microcredit Summit Campaign welcomes Equitas, a major Indian microfinance institution (MFI), as the 56th organization to make a Campaign Commitment, joining a global coalition working to help 100 million families lift themselves out of extreme poverty.
Equitas is committing to expand its financial services and non-financial services to the following number of clients in the financial year 2015-2016 :
* Provide 1.5 million clients with financial services.
* Cover 70,000 clients under the food security program.
* Cover 50,000 clients under the health education program.
* Screen the health of 850,000 clients.
* Partner hospitals will provide 3,000 Equitas clients discounted consultation/ treatment.
Creating a “window for the poor” to financial and other services.
The Microcredit Summit Campaign welcomes Grama Vidiyal, a major Indian microfinance institution (MFI), as the 55th organization to make a Campaign Commitment, joining a global coalition working to help 100 million families lift themselves out of extreme poverty.
Grama Vidiyal commits to expand its financial and non-financial services to the following number of clients in the financial year 2015-2016:
Provide an additional 150,000 clients with financial services in FY15
Help 1,050,000 community members through Grama Vidiyal’s empowerment program.
Organize 720 health camps for clients, screening 300,000 members.
Provide 10,000 clients with discounted consultation/treatment in partner hospitals.
Provide health education to 80,000 client families (or community).
Give access to health related products and medicines to 150,000 clients.
>>Authored by Sabina Rogers, Communications and Relationships Manager
More than two years ago, we set out with Freedom from Hunger to develop and test a standardized set of health indicators as part of a Campaign Commitment we co-launched in 2013. This has culminated with the release of Healthy, Wealthy and Wise: How Microfinance Institutions Can Track the Health of Clients. The report describes our experience in selecting and pilot-testing a set of indicators. It will help you choose the right indicators for monitoring client health outcomes over time. And finally, the report summarizes key recommendations for developing “standardized” client outcome monitoring indicators.
We hope financial services providers and others will use our “health outcome performance indicators” (HOPI) to assess the health and well-being of clients and their families. We believe that wide usage of the HOPI would create short- and long-term value for practitioners (both health and financial services), social investors and donors, raters, and other actors. “Health” is a basic need that crosses all borders and all demographics, making the HOPI compelling measures for understanding client outcomes for financial service providers.
Read this new report to choose the right health indicators for your institution
The World Bank released a report in January about the progress made on poverty reduction in Ethiopia between 2000 and 2011, and it described what will be needed to end extreme poverty by 2030. Given our program with MasterCard Foundation in 2014 (see this post summarizing the “Innovations in Social Protection” program) this was of particular interest to us.
The Campaign is also increasingly focused on understanding how 6 key financial inclusion pathways are showing great promise in contributing to the end of extreme poverty.
>> Authored by Shameran Abed, Director, BRAC Microfinance Programme
Shameran Abed, BRAC’s Director of Microfinance, joined the Microfinance CEO Working Group in January. He and BRAC are welcome to additions to this collaboration. He joins the Working Group’s efforts to support the positive development of the microfinance industry and brings tremendous insigShameran Abedht into the discussion around pathways out of poverty.
This month, the results from six randomised controlled trials (RCTs), published in Science magazine highlighted a model of development that is an adaptable and exportable solution able to raise households from the worst forms of destitution and put them on to a pathway of self-reliance. The graduation approach — financial services integrated within a broader set of wrap-around services — is gaining steady recognition for its astonishing ability to transform the lives of the poorest.
The Campaign sat down with commitment makers at the 17th Microcredit Summit and asked them what making a commitment meant to them. Hear what those leaders had to say in the “Why I Commit…” video series. Jared Penner, Education Manager, … Continue reading →