Alex Counts, president, CEO and founder of Grameen Foundation, recently faced Vikram Akula, chair and founder of SKS, the largest microfinance institution (MFI) in India, in an Oxford-style debate at the Asia Society in New York City. In this post, Alex talks about his experience and viewpoint.
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At Grameen Foundation, our goal is to spur innovation in the global movement to eliminate extreme poverty. Part of that work is to develop better solutions and share them with people like you.
On GF Insights, we share lessons learned from our leaders in the field, news about efforts to expand access to financial and information services for the poor, and how poverty-focused organizations are using data to improve the way they work.
Stephanie Denzer is Program Associate for Grameen Foundation’s Human Capital Center (HCC). This is her first blog post from a recent trip to Peru where she participated in a Human Capital Management Assessment of a Microfinance Institution (MFI) in the process of transforming into a regulated institution.
On a day when the humidity made it clear that rain was imminent, in the rear of a small branch office in Aguaytía, a rural town in Peru’s Amazon, we spoke with John, a branch manager for Microfinanzas Prisma, about a concept that would be just as familiar in an air-conditioned high rise of corporate America – the importance of having an inspiring mentor as a supervisor. John told us about how his former boss, the previous branch manager, had cultivated a group of highly dedicated and engaged loan officers by constantly discussing their performance with them and making sure they had the necessary support to accomplish their daily work. Now that he has been promoted to this same position, he works hard to maintain the team camaraderie his predecessor built and ensures that each loan officer receives special recognition when going the extra mile to support the branch office’s goals.
I was in Peru to assist with the implementation of Grameen Foundation’s Human Capital Management Assessment tool, intended to be the starting point for aligning an organization’s human capital management practices (leadership, culture, talent acquisition, learning & development, rewards/recognition, etc.) with its overall business strategy. We believe that MFIs who are smart about managing their human capital will be more successful in achieving growth, maximizing the value of their workforce, and ultimately, reach greater numbers of the world's poorest people.
Julius Matovu and Olga Morawczynski work on Grameen Foundation's financial literacy initiative in Uganda.
Muhereza Kabaramagi lives in Katooke village, Kyenjojo district in Western Uganda; where she is a second-hand-clothes trader in the weekly mobile markets that take place around Kyenjojo district. She has been doing this work for the last 15 years.
This is part two of of a two part blog series. If you haven't yet, we recommend you read Part One of his blog post series. In part 2, Jason Hahn describes his day with Esther, a kind-hearted Community Knowledge Worker (CKW), as she asks farmers to register for the CKW program, where they will be able to use smartphones to access CKW Search to access information about the current market prices for crops as well as ask questions about best farming practices.
After setting up my tent in her well-kept yard, I headed out with Esther on her afternoon round to register farmers for the Community Knowledge Worker (CKW) program. Registering farmers allows us to track how frequently they use our services and see if they change their farming practices based on the information we provide. Part of the registration also involves conducting a baseline poverty survey. We can use the baseline data to see whether or not farmers we are working with are moving out of poverty.
Jason Hahn describes his initial impressions of Uganda upon his return to the United States. Jason is the Information and Communication Technology Innovation (ICTI) Development Manager at Grameen Foundation. The ICTI team develops, tests and advances mobile phone products and services in Uganda, Indonesia, and Ghana to improve health care, farming, banking, and more. This is the first part of a two-part blog series on "A Day in the Life of a Community Knowledge Worker”