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Lions Clubs International Foundation. Agenda Introduction of Microfinance & Social Business concepts by Neville Mehta, Intl. Secretary, ISAAME, LCI Remarks.

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Presentation on theme: "Lions Clubs International Foundation. Agenda Introduction of Microfinance & Social Business concepts by Neville Mehta, Intl. Secretary, ISAAME, LCI Remarks."— Presentation transcript:

1 Lions Clubs International Foundation

2 Agenda Introduction of Microfinance & Social Business concepts by Neville Mehta, Intl. Secretary, ISAAME, LCI Remarks by AP Singh, Past Intl. Director Remarks & video from Mr. Binod Chaudhary, Chairman of Chaudhary Group (CG) & CG Foundation Questions + Answers

3 Speakers Lion Arvinder Pal Singh International Director (2004-2006) District: 322-B1 Home Club: Calcutta Vikas (45734) Lion Since: March 1984 Lion A P Singh has been credited with 13 International President’s medals and the highest award ‘Ambassador of Goodwill’. He is a Progressive Melvin Jones Fellow and a Major Gift Donor for CSF II. He is also the First Lions Clubs International Foundation Heritage Club member of 322-B1. He has regularly served as a faculty on more than 25 LCI and Regional Leadership Institutes. His latest contribution in extending new initiatives is the establishment of Eastern India Lions Leadership Academy which includes video conferencing facility in all districts of MD 322. He has also been organizing webinars to reach out to clubs in furthest corners. The Lions of Kolkata (India) have accepted Microfinance under the leadership of Lion A P Singh and are moving ahead as this can have a radical impact on facing the menace of poverty and changing lives of people.

4 Speakers Mr. Binod Chaudhary born on April 14, 1955 is a Nepalese businessman, industrialist and philanthropist. He is the current Chairman of Chaudhary Group (CG), a conglomerate that consists of nearly 80 companies. Mr. Chaudhary is also the first Nepal billionaire as listed by Forbes. Besides, business, Mr. Chaudhary has been involved in various other government and social sectors. He worked as a member on constituent assembly and parliament of Nepal from April 2008 to May 2012. His CG Foundation works for social welfare and he often contributes in the areas of art, music and literature as well. He is also a former Leo member.

5 What is Microfinance It is estimated that approximately 2.5 billion people around the world live in poverty, struggling to survive on less than US$2 a day. Yet for people living in poverty, it’s all they have to provide for the needs of their whole family. Families living in this kind of poverty struggle to afford even the most basic of items. They are unable to afford adequate meals, clean water or an education. They go without proper shelter, transport and even medicine when they are sick. The Solution: Microfinance… Microfinance refers to an array of financial services like loans made available to poor entrepreneurs and small business owners who have no collateral and wouldn’t otherwise qualify for a standard bank loan. Most often, microloans are given to those living in still-developing countries who are working in a variety of different trades, including carpentry, fishing and transportation. The goal of micro financing is to provide individuals with money to invest in themselves or their business to help get them out of poverty. When providing loans, micro financing institutions do not require collateral, but do insist that the loan is repaid within six months to a year.

6 MICROFINANCE AND ITS RELEVANCE IN POVERTY ALLEVIATION Helps poor households meet basic needs Protects them against risks. Provides working capital for income generating activities. Provides additional capital for expanding business. Helps in asset creation Provides employment opportunities. Save poor from the trap of money lenders.

7 July 6 th 2014 Toronto CANADA

8 Micro Finance & Social Business A reflection on the topic by Mr. Binod Chaudhary

9 Powered byIn solidarity with Microfinance " Lasting peace cannot be achieved unless large population groups find ways in which to break out of poverty„ Prof. Mohammed Yunus

10 Powered byIn solidarity with Microfinance Grameen Bank Clear definition of poor Maximum 20 % (int. avg. 30) Lending groups Strong decentralized structure Real money (M1) Micro Finance Financial source no collateral needed Focus on the poor 2 main models Relationship based model

11 Powered byIn solidarity with History Nepali Micro Finance 1960: first appearance for flood victims 1970: first scale approaches: failed 1980: Social approach: group guarantees 1990: institutionalization: rural development banks 1995: commercialization started: NGO  MFI 1998: Regulations of MFI 2003: Banks and Finance Institution act

12 Powered byIn solidarity with Variety of players Key MFIs 35 MFDB29 FINGO16,854 SACCOS Wholesalers RSRF Commercial Banks RMDCSKBBL Models CooperativeSFLCGrameen

13 Powered byIn solidarity with Poverty Line 25 % below Poverty Line 33 % reached by MFI

14 Powered byIn solidarity with Success-Stories in Nepal 2.5 Million families reached Maximum 1500 $ without guarantee Total loan disbursed USD 1.67 billion Loan recovered ratio 99 percent

15 Powered byIn solidarity with Challenges Include Lack of Risk Management Inadequate Use of ICT Delivery methodology not considering geography Poor financial literacy Lack of demand and supply in wholesale fund Limited penetration in hilly regions

16 Powered byIn solidarity with Microfinance in context SB Investment- Funds Social Business Seed-Capital Microfinance

17 Powered byIn solidarity with Social Business Next step after Microfinance Empowers leaders ‘scaleable’ organization Considers a bigger group of stakeholders

18 Powered byIn solidarity with What is Social Business?

19 Powered byIn solidarity with What is Social Business & NSB Animated Video

20 Powered byIn solidarity with Why is it different? Skills to grow Refined skills and scalability Macroeconomic more sustainable


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