ROI - Reducing Obstetric Injuries
We empower the most marginalized people in society to improve health outcomes for families in the poorest places on earth.
Sobre Sua Organização
Nome da Organização
Página da organização na internet
País da organização
Estados Unidos , TX, Austin, Travis County
Países onde este projeto vem gerando impacto social
Uganda, SOR, Soroti
Sua organização é
Há quanto tempo sua organização está em operação?
Entre 1 e 5 anos
A organização recebeu algum prêmio ou reconhecimento público? Por favor, conte-nos mais detalhes
Ashoka Young Champion of Maternal Health
Junior Chamber Osaka - Outstanding Young Person
As informações que você fornecer aqui serão usadas para preencher todas as partes do seu perfil deixadas em branco, como interesses, informação da organização e website. Nenhuma informação do contato será tornada pública. Por favor, desmarque aqui se você não deseja que isso aconteça..
Selecione o estágio que melhor se aplica à solução
Inicial (um piloto que começou recentemente)
Há quanto tempo está em funcionamento?
Implementado há menos de um ano
Qual(is) item(ns) abaixo descreve(m) melhor a(s) barreira(s) que sua inovação soluciona? Escolha até dois itens.
Acesso, Custo, Transparência, Qualidade, Equidade.
A necessidade: Qual é o problema que você está tentando resolver?
Women with obstetric fistula are amongst the most marginalized people in the world. The childbirth-related injury leaves them incontinent and left begging for survival. While 90% of women can be successfully treated, they cannot return to their environments without some level of economic assistance. But without the social network that secures microcredit, these women have absolutely nothing to leverage. They are really left completely out of every social and economic system, despite being healed. Without assistance, they will stand by helplessly while they watch new women enter the physical prison of fistula to join them in economic exclusion. But all of this could be prevented with commerce.
A Solução: Qual é a sua solução? Seja específico!
Working with social working partners in Uganda and Ethiopia, we find women with fistula, get them treated and then train them with locally marketable business skills. We then offer the local economic development group favorable microcredit terms for accepting the woman as an equal member and providing volunteer community advocates (VCA) to help make motherhood safer. The groups are then given economic incentives for performance on safe motherhood and girl child empowerment initiatives. We also operate an investment fund to capitalize projects that employ more women and produce outputs that serve program (for example making school uniforms for girls who cannot afford them). The woman with obstetric fistula is our primary advocate and by empowering her through the group, we empower women (and communities) broadly and prevent obstetric injuries from happening in the future.
O Modelo: Demonstre através de um exemplo específico como sua solução faz a diferença; inclua suas atividades primárias
Once the woman with obstetric fistula is repaired, trained and reinserted back in the group, she is already much better off than she would have been otherwise. But the economic development groups are generally on the margins of the economy as well. Micro-credit rates are very high in East Africa. We engage with local MFIs to provide investment capital or financial guarantees. Loan guarantees eliminate the cost of default into the loans. We also further reduce loan costs through taking on certain aspects of administration. We will also subsidize interest rates to help drive our reach and program targets. We are systematically eliminating each barrier of access to the marginalized population of rural African women. By providing this support, we change perceptions and permanently eliminate the market inefficiencies that keep women from accessing capital. Because many of these barrier are related to the community, by opening the economic markets, we also influence the community to eliminate the inefficiencies that cause obstetric injuries. So in every way, we have a high ROI.
O Mercado: Quem são os seus pares e concorrentes? Identificar os outros que também estão trabalhando para solucionar as mesmas necessidades que você e o que você faz de diferente em relação a eles. Quais seriam os desafios impostos por esses concorrentes que impactariam no seu sucesso ou crescimento?
At the moment, there are various organizations touching on elements of this issue, but not one organization has integrated their approach. So the inefficiencies remain. Our grass roots partners are TERREWODE in Uganda and Healing Hands of Joy in Ethiopia. We are evaluating various MFI partners and believe our program model has a narrative structure that fits with Kiva. We think the realtionship with Kiva could provide significant loan capital, which would very much open up our program. Loan capital is a very burdensome element to the projects operating cashflow. By bringing in outside capital, we can spend operating cash flow adding points of leverage to the capital's reach and impact.
Temas relacionados à inscrição
História: Queremos saber mais sobre o momento de descoberta desta solução. Conte-nos um pouco a história sobre onde e quando o(s) fundador(res) vislumbrou(aram) o potencial desta solução para mudar o mundo:
I met a woman name Martha in the Rwenzori mountains of Uganda. Her mother died when Martha was 5 and the girl’s life went down from there. She fled her father’s neglect and married into an abusive family. Her mother-in-law forbid her from delivering in a hospital and then beat her when the baby was stillborn. The fistula came with claims of disease and infidelity, more beatings, and eventually, complete abandonment. We helped her get treatment, but I knew that she would return home without any way to improve her life. We studied models for reintegrating child soldiers and discovered that adding community value served best for reintegration. Micro-credit seemed a great tool for community benefit. Through necessity, we have added significant financial innovation. My financial engineering education and private equity background gave lots of inspiration for adapting the tool to reach the most highly marginalized people.
Descreva a meta da sua iniciativa; fale sobre o que você está tentando alcançar.
We are attempting to develop the tool of micro-credit to reach deeper into the community and act as a targeted lever for social impact. We believe that commerce holds the key to sustainable development. By targeting the most marginalized populations, we focus our expanding reach. By refining the mechanism, we focus the social impact that evolving commercial enterprise has on a community. The primary goal of our project is to improve the lives of women and girls in rural parts of Sub-Saharan Africa through the intelligent use of investment capital.
Quais são os obstáculos da inclusão financeira que sua solução procura resolver? (Selecione todos que fizerem sentido)
Barreiras de acessibilidade física ou outros, que impedem as comunidades de usarem os serviços financeiros, A escassez de produtos financeiros acessíveis adaptados às necessidades de comunidades desfavorecidas e excluídas, Incentivos a prestadores de serviços financeiros para dinamizar o mercado.
Se você selecionou 'outro' acima, especificar quais outros obstáculos da inclusão financeira que sua solução procura resolver:
Para quais comunidades desfavorecidas ou excluídas sua solução vai oferecer acesso a serviços financeiros de forma segura, abrangente e adaptada às necessidades daquelas comunidades? Qual é a sua expectativa de impacto para os próximos 1 - 3 anos?
Our model creates access to financial services for essential two groups of entrepreneurs. In the first case, we are offering micro-credit for micro enterprise at the community level. But the enterprises are collective in these rural settings. In many cases, incomplete development programs have left orphaned assets (like 50 sewing machines) in these communities. Our capital will help activate these orphaned assets and bring these small community enterprise to life. The other group of entrepreneurs to benefit from our capital are operating on a district level. These will be businesses that span several communities. We will provide growth capital to these business to the extent that their outputs support our program objectives. We call this "Micro-Mezzanine Financing®" as we mix debt and equity to fit the situation. These organizations will also provide living wage jobs to many people in our constituency base. Some of these people will eventually start their own enterprises.
A sua solução funcionaria em outras regiões? Se sim, onde?
We have designed this system specifically for replication and scalability. We believe it is a relevant model for any rural African and possibly south Asian community. The growth of micro-credit monetized human relationships and the market realized that profit could be found in extending credit where it had never before existed. The first aspect of our model does not deviate from this market strategy. The second aspect of the project is the next logical step to support those exceptionally successful micro-entrepreneurs. Micro-Mezzanine Financing® has the potential to reach far more people through the efficient deployment of investment capital. We think anywhere where micro-credit has grown rapidly is a place where district level business consolidation is a logical next step. We want to support and/or drive the creation and growth of these businesses through the distribution of debt and the purchase of convertible equity.
Se a sua solução for muito bem sucedida, o que será diferente em 10 anos?
First, micro-credit will be available to every person who desires its use. Anyone, no matter their gender or medical disability, should be able to leverage the power of individuals committed to each other. But individual or small group financing should not be the limit for enterprising people in the developing world. There will be Micro-Mezzanine Financing® set up all over the developing to consolidate and syndicate creative business concepts. This level of finance will essentially serve as the capitalizing entity to small business across the continent. As we all know, small business is the engine for sound economic development and the creation of a large and stable middle-class. We will see a cadre of small businesses with empowered staff delivering products and services in a socially accretive manner. Poverty will be serioulsy handicapped by all this smart commercial development.
O que tiveram que mudar para fazer isso acontecer?
To deliver micro-credit to our target population, we only need to coordinate the right partners in our target regions. Our social working partners are already implementing elements of this program and have participated our program development. They are ready to implement. We only need the capital to begin. Creating the Micro-Mezzanine Financing® structure is a bit more challenging. First, we need to design a structure that creates an investment environment in the absence of capital markets or legal structures. We think it is possible to create this environment to creative capture and distribution of operating cashflow. We need only a couple examples to prove the model and will select our test investments very carefully.
Qual foi o impacto da sua solução até hoje?
To date, our partners have given small loans to individual survivors of obstetric fistula. These women, who before treatment would never have access to capital or financial services, have shown exceptional results when granted such access. Because they have survived such incredible adversity, women with fistula are exceptionally creative and resourceful - attribute fundamental to an entrepreneur's success. We have seen women who turned a $200 loan into an empire of shops, hotels and restaurants across several communities. We truly believe that expanding the model to include broader community not only helps reintegrate the fistula survivor, but it also prevents the condition from happening in the first place. By supporting successful entrepreneurs with Micro-Mezzanine Financing® we will indirectly provide living wages to the other members of the community who may not be great entrepreneurs. These people will see huge increases in quality of life and will inspire the next generation.
Qual é a sua expectativa de impacto para os próximos 5 anos?
In the next five years, we will have our micro-credit program in every subcounty of the Teso region of Uganda and the Gondar region of Ethiopia. We will also have Micro-Mezzanine Financing® in both regions and would like active positions in at least 10 businesses across the target region. We will also have started to export and scale our model into Nigeria, Togo, Senegal, Tanzania and Rwanda.
Quais são as barreiras que podem impedir o sucesso do seu projeto? Como você planeja superá-las?
The biggest barrier we have cited is skilled labor to implement our program model. This not only means staff, but also building the investment readiness of our customers and clients. We are mitigating these challenges through a series of training modules that build and understanding not only of the specific tools we market, but also the theory and concepts behind the program model. We think this will facilitate cultural innovation specifically suited for the environments in which we work. We also think capital could be difficult to acquire should the crises in the US and Europe and a slowdown in China cause a global recession. We are targeting various streams of capitalization including to mitigate this risk.
As inscrições vencedoras apresentam um plano sólido sobre como vão alcançar e acompanhar o crescimento do projeto. Identifique as metas de seis meses para aumentar seu impacto.
Build Foundation for the Program
Identifique as três maiores atividades que você terá de completar para obter a meta estabelecida para os seis (6) meses
Complete Training Modules
Raise Start-up Captial
Agora pense grande! Identifique qual seria sua meta de impacto para 12 meses
Initiate the Program
Identifique as três maiores atividades que você terá de completar para obter a meta estabelecida para os doze (12) meses
Initiate Micro-credit program in Uganda
Initiate Micro-credit program in Ethiopia
Initiate Micro-Mezzanine Financing® in Uganda
Por favor, explique de que forma o estabelecimento de parcerias é importante para o sucesso de sua inovação
We have operating partnerships with TERREWODE in Uganda, which is run by Ashoka Fellow, Alice Emasu, and Healing Hands of Joy in Ethiopia. These partnerships will operate our program on the ground, focusing primarily on the social elements of our program model. We also hope to develop partnerships with Kiva and their operating partners in our target regions. We believe that by providing narrative content and operating support to these partners, we can develop a strong relationship. Furthermore, our loan guarantees and subsidies reduce operating risk for our loan makering partners.
Atualmente você planeja atender outros locais, mercados e populações específicas com sua inovação? Se sim, onde e por quê?
We are currently in discussion with several organizations that are focused on obstetric fistula/maternal health all across Sub-Saharan Africa and South Asia. We believe such a specific topic focus roots our financial innovation with a broader support basis in whichever country or region we may want to apply the model. We would love to test the innovation in as many environments as possible and we will add additional locations to the extent the funding we raise will allow.
Que tipo de ambiente operacional e fatores da organização interna ajudarão o projeto a ser bem sucedido?
For our innovation to be truly successful, everyone needs to understand not only the specific products on offer, but also the intent of those products. In this way, our team will be able to explain in how to best use our products to our customers. With a deep understanding and belief in what we are doing, staff and customers will innovate and create very high performing relationships.
Fale mais sobre as necessidades ou ofertas que você selecionou anteriormente e/ou sugira categorias de apoio que não foram listadas
I am very experienced in providing strategic advisory services and happily give time to anyone who wants to discuss their concept.
|40 semanas atrás Jessica Feingold disse: Seth, Wonderful to hear you are working with Alice and her team! I look forward to hearing about this interesting model as it takes ... sobre esse Competition Entry. - leia mais >|
|42 semanas atrás Seth Cochran atualizou esta Competition Entry.|
|42 semanas atrás Seth Cochran atualizou esta Competition Entry.|
|44 semanas atrás Seth Cochran atualizou esta Competition Entry.|
|44 semanas atrás Seth Cochran enviou esta ideia.|