NextBillion.net - Development Through Enterprise - Eradicating Poverty through Profit

Vittana: Student Loans and a New Generation of Microfinance

Fri, 20 Nov 2009 22:00:00 +0000

Authored by: Manuel Bueno

Microfinance is widely touted as a major private sector success in tackling development. According to the State of the Microcredit Summit Campaign Report 2009, microfinance now reaches more than 100 million people through more than 3,500 organizations. Nonetheless, like many forms of financing, microfinance is a coarse tool to lift people out of poverty insofar as it usually lends to people who may be willing to invest in the development of fixed assets, traditionally in farming or small businesses. More recently, microfinance products have tried to sharpen their focus to stimulate investment in particular assets such housing or healthcare.

However, one of the most glaring omissions in the 30-year development of the microfinance industry has been the lack of attention paid to possible synergies between microfinance products and education. Although there are already some mechanisms to promote basic education in low-income communities through Conditional Cash Transfer programs, there are few microfinance institutions (MFIs) offering micro-loans for students who may want to take their education beyond the secondary level. With the exception of a handful of avant-garde MFIs working independently or in partnership with Vittana, MFIs have yet to figure out the right approach to profitably offer student loans directed to those wanting to enter into tertiary education. Furthermore, investors are reluctant about risking their money in exploring possible venues to develop these business models. After all, the benefits of doing so would not be captured only by the investors themselves but by the whole microfinance industry, while the exploration costs would be accrued by the investors alone. This results in a “vicious circle” by which no organization has yet developed a suitable business model.

Such a lack of private sector solutions is an important market failure. Studies show that tertiary education, while often neglected in favor of primary and secondary schooling, can be an equally effective poverty alleviation tool. Private returns to tertiary education in low-income countries seem to be frequently on par with the returns from primary education. For example, at the country level, in Sub-Saharan Africa, a one-year increase in average tertiary education levels is estimated to raise annual GDP growth by 0.39 percentage points (World Bank, 2008). At the individual level, each additional year of education can yield 10% to 15% returns in the form of higher wages (World Bank, 2008). The private benefits for individuals are well established and include better employment prospects, higher salaries, and a greater ability to save and invest (Bloom, Canning and Chan, 2005). These benefits may in turn result in better health and improved quality of life (Bloom, Canning and Chan, 2005).

Stimulating tertiary education also seems to make business sense. MFIs estimate that the market for student micro-loans will amount to between 10% (Peru) to 40% (India) of their future portfolio (Source: internal market studies from MFIs and Vittana). Time appears to be ripe for a profitable microfinance product that enables prospective borrowers to further their education.

Vittana is a young, non-profit start-up founded 18 months ago that is aiming to fill this market failure. It was founded by Kushal Chakrabarti (at left), who used to run the personalized recommendations team at Amazon.com, along with Brett Witt. Vittana’s stated mission is to break the vicious cycle mentioned above by which big investors are not willing to start offering student micro-loans until they see a significant track record of student micro-loans being profitable and having a positive social impact. To this effect it has developed a business model to offer student micro-loans based on two pillars.

First, Vittana makes use of its extensive field experience to share best practices with MFIs and to co-develop a micro-loan product adapted to local markets. Many of the ingredients required to develop student micro-loans are not as similar to standard microfinance practices as one could expect. For example, instead of lending to groups of individuals, Vittana suggests that mothers of prospective borrowers should co-sign the loan. Moreover, the ideal student-borrower is a high school graduate wanting to enroll in a vocational school to acquire a set of skills that will allow him or her to find formal employment. The majority of the “best” student-borrowers are often the children of successful previous microfinance borrowers, to whom MFIs have easy access and about whom they have good financial information. Therefore, finding successful and efficient MFIs is crucial in order to gain scale and fine-tune the loan product to specific regional circumstances. MFIs are fully responsible for marketing the loan, finding suitable borrowers and managing the customer relationship. Moreover, Vittana is engaged in random audits of their partners to ensure that the individual lenders’ money is well spent.

However, this first pillar alone is not enough to break the vicious circle because the business model remains to be conclusively proven. This need gives rise to the second pillar, Vittana’s search engine. Following Kiva’s footprint, Vittana has developed a person-to-person microlending website. Since there are no big investors willing or able to step in, Vittana’s solution is to make it possible for potentially millions of small investors to fill in the financing gap. Their website allows individual lenders to browse through possible student-borrowers and select an individual to receive the loan. You can view, for instance, the profiles of several of their current student-borrowers here: 1, 2 and 3. Vittana has no capital of its own to disburse, so it exclusively depends on individual lenders to generate cash for their loans. According to Vittana’s strategy, these two pillars will enable them to develop and provide a source of finance to a healthy portfolio of student micro-loan products.

Given their innovative model and the importance of the gap they are trying to address, it is no wonder that the Huffington Post has named Vittana number one of the top 10 “game changers” in philanthropy. Vittana makes no secret of its huge ambition and its early success in its promotional video and in its public figures. After Vittana’s first agreement with a Paraguayan MFI one year ago, people around the world (mostly the United States, but also Sweden, Germany, and The Netherlands) have been disbursing more than $10,000 in loans every month. Loan volumes are experiencing double digit monthly percentage growth rates with nearly perfect (97%) repayment rates. Vittana now supports about 50 students and is adding 10 students per month to its portfolio.

Even though it currently operates exclusively in Paraguay, Nicaragua, Peru and Mongolia, Vittana is looking forward to expanding into other countries very soon. In the long term, it aims to jump-start a broad, global system in student micro-loans and become a focal point for MFIs interested in figuring out how to add this type of loans to their array of services. In fact, there are already indications of this: Vittana is emerging as the “go-to” organization for interested MFIs eager to find a way of increasing their bottom line as microfinance products such as business loans, home loans and other credit lines become increasingly standard.

Those of our readers interested in lending money to Vittana should know that the full amount of their money will go towards the loan. After the disbursement they can also make small donations to Vittana as well (there is a short video explanation online about how the loan process works). As in Kiva, many individual lenders are needed to reach the total amount of money required by the borrower to enroll in further studies (usually between $500 and $1,500). The typical loan recipient is between 18 to 25 years of age and takes 6 to 24 months to fully repay the loan.

Neither Vittana nor Vittana lenders receive any interest on the loans, although MFIs do charge some interest to cover their operating costs. These rates are usually much lower (10-15% per year) than those of traditional microfinance (40-60% per year). Vittana's daily activities are maintained by optional donations made by its lenders, as well as generous support from its lead funders including the Mitchell Kapor Foundation, several Unitus board members and alumni (including its founder, Mike Murray), the Peery Foundation, and a number of top-level Amazon executives. Additionally, they count as advisors a number of top-level executives and founders from technology and microfinance companies like Amazon, Real Networks, Kiva, Unitus and Apple.

With such a sharp and well-defined business model and powerful supporters, this organization may be well on its way to making a significant impact in the world of microfinance. It may also represent a way forward for the next generation in microfinance in which networked MFIs jointly develop particular learning hubs devoted to specific products as a way of tackling more pervasive social ills (MFIs representatives interested in hearing more about what Vittana may have to offer are welcome to contact the organization through questions@vittana.org). Additionally, the partnership blueprint developed between Vittana and other MFIs represents an interesting model for other knowledge centers in developed countries, such as research institutions or public/private investors, for gaining access and leveraging their skills in the field. I advise our readers to keep a close watch on Vittana – I am sure we will hear more about them in the near future.

Global Entrepreneurship Week 2009

Fri, 20 Nov 2009 11:00:00 +0000

Authored by: Diana Hollmann

It's Friday in the 2009 Global Entrepreneurship Week! 20,000 events involving 5 million people around the globe are taking place this week lasting from November 16-22.

On Monday, here in Washington, IFC held a one-day conference addressing the issue of achieving scale in entrepreneurship. The conference featured representatives from IFC and World Bank, the White House, the US Department of State, Kauffman Foundation as well as entrepreneurs. Michael Fairbanks from the OTF Group and Iqbal Quadir, founder of GrameenPhone and the MIT Legatum Center, were prominent guests who shared their experiences. Panels and presentations revolved around the importance of an enabling environment on the one hand and on governance structures within the enterprise on the other hand.

Adding to this more practical perspective on entrepreneurship, the political perspective was discussed as well. A representative from the Department of State talked about the importance of entrepreneurship and economic stability as a basis for political stability and security. In his Cairo speech, President Obama emphasized his commitment to entrepreneurship not only in the private sector, but also within communities in general.

Hillary Clinton was also featured (at least virtually) talking about the importance and potential of entrepreneurship:

The U.S. administration is currently organizing an Entrepreneurship Summit for the first quarter of 2010. With a focus on promoting entrepreneurship in Muslim countries, the summit will bring together 150 delegates including entrepreneurs, leaders of entrepreneurship networks, investors, and academics. The idea is to initiate a momentum in advancing entrepreneurship that begins before the summit and lasts after the summit has concluded. Information may be viewed on the summit website. The specific dates for the summit are to be announced soon.

An Afterthought

The growing interest of the public sector opens up a new question on the relationship between entrepreneurship promotion and government. Looking at the entrepreneurship.gov website (set up by a public-private partnership between the Kauffman Foundation and the U.S. Commerce Department’s International Trade Administration), is there a risk that entrepreneurship promotion becomes politicized?

On the one hand, it is certainly positive to see that actors from all sectors - public, private and citizen - become more open for collaboration across sectors. On the other hand, should entrepreneurship be promoted with political and national security considerations in mind? What is the role of the state in entrepreneurship promotion? Will it increase or decrease the credibility of other intermediaries?

Investor Management

Fri, 20 Nov 2009 08:39:19 +0000

Organization: New Ventures India

Location: Hyderabad, IN

New Ventures India is a joint initiative between CII GBC and World Resources Institute aimed at developing the ecosystem for green SMEs and, in particular, facilitating capital transfer to green enterprises. New Ventures. The New Ventures program of the World Resources Institute runs in six countries: India, China, Indonesia, Mexico, Brazil and Columbia.

New Ventures reaches out to the green SMEs and entrepreneurs through a variety of outreach programs, identifies promising enterprises by engaging with them in a constructive dialogue and adds value to selected enterprises through business advisory services and greater access to investors. New Ventures India has also developed a Green Investor Network consisting of Angels, VCs, Social Enterprise funds and Banks.

New Ventures India is now in its fourth year of operations. So far we have identified 40 companies in our portfolio and facilitated funding to the extent of USD 23 million.

Key Responsibilities

Recruit Investors to the New Ventures India Investor Network
Engage with Investors to understand their investment criteria.
Work with other members of the New Ventures India team to coach entrepreneurs and SMEs to develop comprehensive business plans.
Present enterprises to investors based on their investment criteria
Be the central point of communications with the Investor Network.
Work with the broader CII and WRI teams and our partners and networks to hold events that help investment facilitation.

Background, Experience and Skills

Excellent communication skills.
Proven ability to manage and execute projects from start to finish.
Proven ability to develop and interpret financial statements.
Excellent interpersonal skills and ability to work with large networks of people.
Interest in and exposure to energy/renewable energy and/or other environmental sectors.
2-5 years experience in investment/financial research/investment banking.
Masters degree in Business Management a serious plus.

Send resume and cover letter to: sanjay.sanyal@regainparadise.org.

Enterprise Management

Fri, 20 Nov 2009 08:39:01 +0000

Organization: New Ventures India

Location: Hyderabad, IN

New Ventures India is now in its fourth year of operations. So far we have identified 40 companies in our portfolio and facilitated funding to the extent of USD 23 million.

Key Responsibilities

Identify and recruit enterprises that meet New Ventures criteria to the New Ventures India Network
Work with other members of the New Ventures India team to understand investor investing criteria and coach entrepreneurs and SMEs to develop business plans that meet investing criteria.
Recruit experienced business professionals to our Coaches and Mentors network.
Be the central point of communications for 1) New Ventures enterprises 2) New Ventures outreach partners and 3) the Coaches and Mentors Network
Work with the broader CII and WRI teams and our partners and networks to hold, attend and speak at events that help enterprise selection and building.

Background, Experience and Skills

Excellent communication skills.
Proven ability to manage and execute projects from start to finish.
Excellent interpersonal skills and ability to work with large networks of people.
Interest in and exposure to energy/renewable energy and/or other environmental sectors.
3-5 years experience in marketing/research/operations/technology.
Previous entrepreneurial experience is a serious plus.
Masters degree in Business Management a serious plus.

Send resume and cover letter to: sanjay.sanyal@regainparadise.org.

Net Impact 2009: A Wrap-Up

Thu, 19 Nov 2009 21:00:00 +0000

Authored by: Diana Hollmann

2 days, 2600 participants and over 350 speakers on more than 100 panels - those are some of the stats of this year’s Net Impact conference. One thing is for sure: It was an intense and inspiring conference!

Clean Technology at the Base of the Pyramid

One of the two keynotes on the second day focused on clean technology at the Base of the Pyramid and featured Stuart Hart from Cornell University. He argued that there is still not enough attention paid to the commercialization and distribution of clean technology products and services for low-income communities. Incremental sustainability strategies such as eco-efficiency and corporate social responsibility do not suffice. Rather new “blue ocean” strategies are required to adequately address social and environmental challenges with breakthrough innovation. Essentially, there needs to be a “great convergence”, as Stuart puts it, of the clean technology and the base of the pyramid world to make a “green leap” forward.

Both, Kevin McGovern from The Water Initiative (TWI) and Yogesh Cahnder Deveshwar from ITC Limited, added a practical perspective to the issue. Kevin described how he and his team work as ‘pro-bono capitalists’ aiming to “build an army of micro-entrepreneurs around the globe who solve the problems themselves.” TWI is a field project providing access to safe drinking water at the base of the pyramid. It has been set-up in the framework of the BoP Protocol and emphasizes the potential of a “deep dialog” between companies and communities to drive innovation processes.

Yogesh described the various initiatives ITC has implemented to create societal value. Each of them is integrated in the ITC business model and driven by business competitiveness and ITC’s core values. A prime example is eChoupal – an internet-based solution integrating rural famers into supply chains and increasing efficiency of the agricultural system.

Maintaining a Social Mission While Growing to Scale

To wrap up two days of Net Impact, Joe Sibilia, CEO of Meadowbrook Lane Capital and CSRWire.com, moderated an insightful and very entertaining keynote panel on “Selling Up or Selling Out: Maintaining a Social Mission While Growing to Scale”. Panelists Seth Goldman - Founder and TeaEO of Honest Tea, Lisa Lorimer - Founder of Vermont Bread Company, as well as Jeff Furman - Board Member of Ben & Jerry’s, shared their experience from initiating their respective enterprise in the garage, a barn or the kitchen, to scaling up and eventually collaborating with or selling to large corporations.

It was interesting to see how each panelist viewed the issue of how one should go to scale. Ben & Jerry’s was bought by Unilever, Vermont Bread Company consolidated to a national company, and Honest Tea is closely collaborating with Coke. Despite being on the verge of becoming fully incorporated by a large multinational, the panelists stressed the importance of sticking to core values. Jeff took a more practical stand point with a Coke pin on the one side of his fleece jacket and an organic pin on the other side; Coke has enabled Honest Tea to reach scale by sharing their distribution system. Jeff, on the other hand, didn’t seem as excited about the partnership with Unilever. When asked if he had considered the potential impact to Ben & Jerry's brand in selling to Unilever, he responded: “We did! That’s why we didn’t want to do it!”

Wrapping Up

Joe Sibilia argued that we are witnessing a very “influential period” and that “there has been no other time in history when we were able to make such an impact as now” (of course not considering the period when cavemen learned to control fire or the invention of the wheel, etc.). The Net Impact conference certainly provided a great source of inspiration to work on sustainable business solutions and live the change! If you missed the conference, catch up and have a look at NextBillion’s coverage:

It will be interesting to see what progress will have been made and how discussions will be shaped next year. With the conference growing to new dimensions, a little more structure in the agenda would certainly help participants to stay on top of things.

The University of Michigan will take on the responsibility and opportunity to prepare the next Net Impact conference in 2010. See you in Ann Arbor!

Net Impact 2009: Career Paths at the Base of the Pyramid

Thu, 19 Nov 2009 14:28:00 +0000

Authored by: Jayme Self

From the opening keynote, the Net Impact Conference was buzzing with students and professionals passionate about corporate social responsibility, green living, and international development. So it makes sense that one of the panels would be focused around "Careers at the Base of the Pyramid". NextBillion's own Francisco Noguera moderated the panel, which brought together three different perspectives on the BoP - Yasmina Zaidman, Director of Communications at Acumen Fund; Peter Eliassen, Vice President of Sales and Operations at VisionSpring (an Acumen Fund investee); and Justin DeKozmovsky, Manager of Strategic Sustainability at SC Johnson & Son.

As expected, the event primarily attracted students, and it was interesting to see the different perspectives these three organizations brought, not only on careers, but also the space as a whole. While Acumen Fund is an established force investing in social entrepreneurs in developing countries, and VisionSpring is a great example of an entrepreneurial start-up, SC Johnson & Son provided an interesting contrast of how larger corporations can reach the market opportunities at the base of the pyramid.

Despite the difference in positions and organizations, the panel's beliefs were surprisingly similar in how to increase the amount of business activity at the base of the pyramid. From investing directly as an entrepreneur in a developing country, to working as an arm of a corporation, all of the panelists spoke to the importance of developing a proof of concept. In particular, Yasmina discussed the importance of living in a world of "what works" - developing new models, then testing and refining them, instead of just talking about the world as it "should" be.

This concept appeared several times throughout the conversation, with panelists encouraging students to "just do it". Regardless of whether the "it" refers to starting a new social enterprise or joining someone else's, each of the panelists discussed the importance of passion to their career progression, and advised students to pursue opportunities wherever they may be. Justin, in particular, gave the example of how he began with SC Johnson & Son as an MBA intern, and then helped them create a business concept for work at the BoP, which they then asked him to implement. He challenged students to just pick up the phone and contact organizations when they see an opportunity to add value.

Another theme that emerged centered around the idea that although the field is still growing and changing rapidly, it has come a long way. There are numerous organizations working to support BoP initiatives - much more so than when our panelists began their careers - creating a dearth of opportunities for students to get involved wherever their interests lie.

This panel reminded me that regardless of functional discipline or background, base of the pyramid ventures need talented individuals with passion and guts. There is a growing need for talent to come from the private sector, increasingly bringing specialized skillsets to professionalize these organizations as they grow and scale. If we're going to prove that business can be profitable at the base of the pyramid - both fiscally and socially - we need to be willing to take risks, try new ideas, and use our passion to build a proof of concept that will create the businesses of the future.

Assistant Editor Intern

Thu, 19 Nov 2009 03:19:42 +0000

Organization: Microfinance Focus

Location: Bangalore, IN

Microfinance Focus is the first and only international online monthly magazine focused on the microfinance sector. Microfinance Focus initiated publishing in July 2006, and is currently distributed to over 6,000 primary subscribers. The publication addresses both social and business aspects of the microfinance sector. Each issue contains articles by field experts as well as exclusive interviews with sector leaders. The vision of Microfinance Focus is to evolve as a knowledge and communication hub with a major focus on microfinance for holistic and sustainable development. Find more information at www.microfinancefocus.com.

As Associate Editor, you will be asked to write articles, interview various experts in the microfinance sector, and write research-based papers on specific topics. In addition, you will be expected to participate in content management strategies. You will also be involved in editing articles and interviews written by other authors. Furthermore, you will need to come up with cutting-edge research about the most pressing issues in the microfinance industry.

Qualifications/Skills Needed:

* Journalism or English degree preferred

* Experience editing with either a financial or research-based publication preferred

* Good reading, writing and grammar skills

* Knowledge of the English language

How to Apply: Email your resume and cover letter to Vikash Kumar at hr@microfinancefocus.com.

Marketing Intern

Thu, 19 Nov 2009 03:19:35 +0000

Organization: Microfinance Focus

Location: Bangalore, IN

Internship Description:

As the Marketing Intern, you will be asked to market Microfinance Focus and find ways to effectively advertise for Microfinance Focus. In addition, you will be expected to enhance branding, outreach and the revenue stream.

Qualifications Needed:

* Marketing or Business degree preferred; or Management degree with Marketing specialization

* Graphic Design experience a plus

* Knowledge of how to spread information about Microfinance Focus effectively

* Strong sense of creativity to find new ways of disseminating knowledge about Microfinance Focus

* Aware of online marketing tools

* Web savvy

How to Apply: Email your resume and cover letter to Vikash Kumar at hr@microfinancefocus.com.

Associate Research Intern

Thu, 19 Nov 2009 03:19:32 +0000

Organization: Microfinance Focus

Location: Bangalore, IN

Internship Description:

As the Research Analyst Intern, you will be asked to research various topics to write articles, interview various experts in the microfinance sector, and write research-based papers on specific topics. In addition, you will be expected to participate in content management strategies. You will also be involved in the knowledge partnership project, which builds partnerships with various MFIs and reports related news. Furthermore, you will need to come up with cunning edge research about the most pressing issues in the microfinance industry.

Qualifications/Skills Needed:

* No specific degree preferred as long as you have strong research skills

* Experience researching with a financial or research-based publication preferred

* Good reading, writing and grammar skills

* Knowledge of the English language

How to Apply: Email your resume and cover letter to Vikash Kumar at hr@microfinancefocus.com.

Director, E+Co Africa

Wed, 18 Nov 2009 17:37:46 +0000

Organization: E+Co

Location: Dar es Salaam, TZ

E+Co is a mission driven investment company that provides services and financing to clean energy entrepreneurs in Africa, Asia and Latin America. E+Co invests in enterprises that realize access to clean and affordable energy, resulting in job creation, economic and social development of rural communities and contributing to sustainable development.

With a presence in Latin America, Asia and Africa, E+Co invests in local enterprises that identify market based energy solutions that are environmentally sustainable and commercially viable. E+Co combines services and capital to support these local energy businesses. E+Co is a globally recognized leader in energy enterprise development - connecting organizations, programs, and human and financial resources worldwide to the small and growing businesses required for a sustainable energy future in developing countries. We monitor our investments via impact reporting, based on social, environmental and financial indicators. E+Co secures investment and operating funding from foundations, financial institutions and individuals, in the form of grants, contracts and borrowing.

At December 2008, E+Co invested in 242 energy enterprises in Africa, Asia and Latin America, mobilizing over $233 million of capital in addition to the $32 million it placed directly. In 2008, E+Co, through its Investment Committee, Officers and its subsidiary fund management company (E+Co Capital), approved 79 new investments totaling $17.8 million. Between 2009 and 2015, E+Co and its affiliates expect to invest over $100 million.

As of December 2008, E+Co Africa has invested over $7.6 million resulting in over 1.6 million people with access to energy services and offsetting over 478,000 tons of CO2.

E+Co is seeking an experienced professional to lead its Africa operations. The Director, Africa will have overall responsibility for the implementation, performance and growth of E+Co's Africa operations and investments. This will include managing a staff of 8-10 people based in Ghana, South Africa and Tanzania, to develop an investment pipeline leading to new investments and manage the existing portfolio in several countries. This will include ensuring compliance with investment guidelines, overall risk and diversification management and realizing the return objectives. The Director will work with E+Co's Senior Management to develop new markets and additional pipeline and if appropriate, design and establish regional funds in Africa.

The Director, E+Co Africa will report to E+Co's Chief Operating Officer.

Specific duties include:

1. Overall pipeline and portfolio management and administration, including investment selection and structuring, asset management, financial and investor reporting and implementation and supervision of liquidation strategies;

2. Develop and advance an investment pipeline of 'access to energy' and clean energy enterprises and projects;

3. Through management of the E+Co Africa team and direct engagement:

Identify, analyze, approve, negotiate, close and monitor investments;
Invest USD 10 - 15 million until end of 2011 in 20-30 enterprises;
Provide direction and mentoring support to pipeline and portfolio companies in receipt of start-up and growth capital and assistance with securing further investment in partnership with co-lenders and investors;
Effective impact monitoring / tracking of investments in accordance with E+Co's triple bottom line approach; effective exit of portfolio investments, realizing returns related to E+Co's objectives; and
Active integration of E+Co's activities with other programs undertaken by participants and affiliate organizations.
Improve operational efficiency of regional offices; recruit, hire and train staff, as needed.
Collaborate with E+Co's Senior Management to explore further growth of portfolio and funding basis in Africa, e.g. via structuring a regional fund(s); if appropriate, develop and implement a business strategy and fund raising plan.
Promote E+Co Africa's results at conferences, meetings, events.

Qualifications:

1. More than 10 years experience in small and medium enterprise investing, corporate finance, project finance, credit approval and risk assessment.

2. Demonstrated knowledge of renewable energy, energy efficiency and cleaner production technologies and business models.

3. Proven experience building a viable investment pipeline.

4. Demonstrated ability to develop business strategies to grow programs and/or organizations.

5. Successful experience performing asset management of an investment portfolio in Africa;

6. Extensive market knowledge and network of key stakeholders within the clean energy sector, such as government agencies, local and international financial sector, NGOs and entrepreneurs.

7. Extensive knowledge of country regulatory frameworks and regulations relevant to the energy sector.

8. Demonstrated ability to manage decentralized operations and investments within Africa and operate as a team player.

9. Background in business administration, finance and banking; MBA preferred.

10. Supervisory and staff management experience.

11. Fluency in English and French; Swahili language skills a plus. Demonstrated superior communication skills.

Location: This position will be located in Dar es Salaam, Tanzania with international travel within Africa and to Europe and the US regularly.

Please send resumes by November 23, 2009:

Applicants are requested to send a full CV/resume and cover letter by e-mail to Gina Rodolico at ecojobs_Africa@eandco.net.

Chief Financial Officer

Wed, 18 Nov 2009 17:32:11 +0000

Organization: LifeSpring Hospitals

Location: Secunderabad, IN

LifeSpring Hospitals Private Ltd. is an expanding chain of hospitals that provide high quality health care to lower-income women and children across Andhra Pradesh. LifeSpring's small hospitals (20-25 beds) fill the void of high quality maternal and child health care at affordable rates for India's lower income population. LifeSpring is a 50-50 equity partnership between Hindustan Latex (HLL), a mini Ratna enterprise under India's Ministry of Health and Family Welfare and the Acumen Fund, a U.S.-based nonprofit global venture philanthropy fund. For more information, please visit LifeSpring's website at: www.lifespringhospitals.com.

Job Description:

The Chief Financial Officer (CFO) is responsible for managing the financial unit of the company, and for being the chief financial spokesperson for LifeSpring Hospitals. He/She will report directly to the Chief Executive Officer (CEO) and assist on all strategic and tactical matters as they relate to budget management and cost benefit analysis.

Duties and Responsibilities:

Work with the CEO on the company's vision and strategy, and participate in determining the cost effectiveness of prospective services.
Provide ongoing advice and support needed for further strategy development and to help the company achieve its business objectives, from the perspective of financial sustainability.
Manage the Finance department, including supervising staff and raising awareness and knowledge of financial management matters.
Participate in developing new business, drafting of budgets, and ensure adequate cash flow to meet the organisation's needs. Foster and cultivate business opportunities and partnerships
Ensure adequate controls are installed and that substantiating documentation is approved and available such that all purchases may pass independent and governmental audits.
Oversee the design, implementation, and timely calculations of incentives and salaries for the staff. Assist in planning staff's professional growth plans, as well as in the development and negotiation of contracts.

Specifically, additional tasks may include:

Overseeing the coordination of all financial reporting activities including all financial statements.
Providing the CEO with an operating budget and cost analyses.
Overseeing the coordination and activities of financial audits. Ensuring that audit noncompliances are resolved, and that preparation of the annual financial statements are in accordance with schedules.
Monitoring the banking activities of the organization and managing the inventory of all fixed assets.
Being responsible for assessing the company's business insurance plans and health care coverage.

Skills/Qualifications:

Strong candidates will have a knowledge of: generally accepted accounting principles, regulations and compliance requirements, and current trends and developments in the field.

Additionally, candidates will have a passionate commitment to LifeSpring's mission and values: integrity, customer satisfaction, courage, ownership, and respect. They will demonstrate leadership, management skills, an entrepreneurial spirit, and the ability to convert innovative ideas into complete processes.

Candidates should possess the following attributes:

Strong financial skills and an appreciation for the data which will be required to make meaningful management decisions.
A commitment to accuracy, and attention to detail and follow-through.
The ability to diagnose and resolve financial problems
Strong organizational skills and an understanding of how to manage and deliver projects in a timely manner.
The ability to be successful in an entrepreneurial and fast-changing environment.
A desire to build the skills of, and motivate, a team

A working knowledge of general office software, particularly the Microsoft Office Suite and use of databases will be expected.

EDUCATION AND EXPERIENCE

Certification of a Chartered Accountancy from an accredited college or university, or completion of a master's degree at an accredited college or university is required.

Eight to ten years of financial and management experience with the day-to-day financial operations of an organisation is preferred.

Additional Information:

Periodic leadership development training
Health / medical insurance
Direct deposit for salary payments available upon request
Generous policy of vacation days and paid-time-off (PTO)

Level/Salary Range: Commensurate upon experience
Applications Accepted through Email to: Tricia Morente at tricia@lifespring.in
Subject Line: CFO Job Opening

Chief Operating Officer

Wed, 18 Nov 2009 17:32:08 +0000

Organization: LifeSpring Hospitals

Location: Secunderabad, IN

Company Background:

Job Description:

The Chief Operating Officer (COO) will work closely with the CEO and senior management team, as well as the Manager of Operations, to integrate the strategic plan of the organisation with its operations. In this capacity, the COO is responsible for the smooth and efficient operation of the hospitals, including management of the associated resources. He/She will provide management oversight for the development of high quality, cost effective and integrated clinical programs within the hospitals.

The COO will exercise management responsibility over the hospitals, ensuring that efficient services are designed to meet the needs of LifeSpring's customers, physicians, and internal staff. This will either be done directly, or through delegation of responsibility to staff members.

Duties and Responsibilities:

Develop and foster effective collaboration between the departments, medical staff and leadership team to ensure an integrated approach to fulfilling the hospitals' clinical and business goals and objectives.
Facilitate a multi-faceted approach in the development of LifeSpring's services, and manage the ongoing implementation of strategy for the company to achieve its mission.
Communicate key information to multiple stakeholders with respect to market needs, the competitive environment, cost management and customer-focused services.
Work with the management team and medical leadership of the hospitals, serving as a resource to help reduce costs, enhance revenues, and achieve quality goals and objectives.
Support major management decisions for the hospitals by utilising and analysing information

Specifically, additional tasks include:

Be accountable for the overall success of operations of the hospitals. He/She will lead and oversee the implementation of all hospital-level processes
Oversee the performance of systems, project development, and compliance with quality control and clinical processes.
Lead and support key committees, and perform other related duties incidental to the work described herein as may be assigned or delegated

Skills/Qualifications:

Strong candidates will be knowledgeable in the areas of organisational development and program operations. They will have a passionate commitment to LifeSpring's mission and values: integrity, customer satisfaction, courage, ownership, and respect. In addition, they will demonstrate leadership and management skills, an entrepreneurial spirit, and the ability to convert innovative ideas into complete processes.

Additionally, they will possess the following attributes:

Well-developed planning, marketing, organisational development and business skills
The ability to be successful in an entrepreneurial and fast-changing environment
An understanding of how to manage and deliver projects in a timely manner.
Commitment to accuracy, attention to detail and follow-through.
An appreciation for the data which will be required to make meaningful management decisions.
A willingness to work with physicians, staff and other professionals in multiple settings and locations
A desire to build the skills of, and motivate, a team

A working knowledge of general office software, particularly the Microsoft Office Suite and use of databases will be expected.

EDUCATION AND EXPERIENCE

A dual MBA/MD degree is preferred. Completion of a master's degree at an accredited college or university is required.

8-10 years of work experience is preferred, including a management/leadership background in hospital operations/administration

Additional Information:

Periodic leadership development training
Health / medical insurance
Direct deposit for salary payments available upon request
Generous policy of vacation days and paid-time-off (PTO)

Level/Salary Range: Commensurate upon experience
Applications Accepted through Email to: Tricia Morente at tricia@lifespring.in
Subject Line: COO Job Opening
Posting Expires: January 31, 2010

Net Impact 2009: Emerging Markets Investment - Beyond Aid

Wed, 18 Nov 2009 11:00:00 +0000

Authored by: Diana Hollmann

Impact investing is estimated to reach a total of 500 billion USD within the next decade. Profit-seeking investment to generate social and environmental impact could be an alternative model or an important supplement to traditional aid flowing from developed countries to emerging markets.

Taking a closer look at this issue, J. Alexander Sloan - Advisor Council at the Center for Sustainable Global Enterprise, moderated the session “Emerging markets investment - Beyond Aid” featuring three finance professionals with previous experience in foreign aid: Henry Gonzalez - Vice President at Morgan Stanley, Amie Patel - Investment Officer at the Soros Economic Development Fund (SDEF), as well as Harold Rosen – Executive Director at the Grassroots Business Fund.

Aid or investment? This is one of the key questions all of the panelists - and most likely all of us - have thought about and discussed many times. Aid effectiveness is often undermined because “aid doesn’t trust governments” and tied to a comprehensive set of requirements to avoid abuse and misuse. Henry acknowledged that even though there have been successful public sector projects in place, not enough has been achieved in terms of poverty alleviation over the past decades. The question therefore arises, whether one should pursue Jeffrey Sachs’ approach of increasing aid to tackle poverty or become a “seeker” à la William Easterly by developing small and sustainable initiatives from the bottom up. Henry, Amie, and Harold found their answers and chose to direct their career path towards working in impact investing.

After having worked with the World Bank and the United Nations in the past, Henry is now eager to prove the concept of double bottom line investments within the mainstream driving investments in emerging markets rather than aid.

Amie experienced the limitations of aid delivery as well as the inefficiencies and lack of effectiveness of aid agencies while working with a non-profit Nepal. At SEDF she helps to seek investments that have a social impact. While SEDF aims to recover their initial investment, they are not focused on generating high financial returns.

Harold had worked for almost 30 years at the International Finance Corporation (IFC) before becoming a “seeker” for sustainable enterprises to invest in. He now heads the Grassroots Business Fund and wishes that US aid could be at least partly rechanneled “to do smart subsidies rather than aid straightjackets.”

What is the role of governments? Do governments tend to take a top-down approach? Can it work? “Yes, they do - but it doesn’t work!” Henry argued that governments need to bring in more talent to be more strategic and effective in their efforts. Many governments have failed to reduce poverty rates over the past decades. In Latin America, for instance, there is a lack of Angel Investors even though those could make an important contribution to nurture entrepreneurship and growth. Governments should incentivize investments by providing an adequate framework for venture capital funds and by promoting best practices. “But for some reason double bottom line is not something they do”, summarizes Henry.

Are the investments successful? Morgan Stanley’s environment and social finance arm designed a small portfolio of Micro Finance Institutions (MFI). The MFI receive funding in local currency so that they don’t carry the exchange risk that would otherwise occur. To date, all MFI are performing well and have paid interest on time. Morgan Stanley’s engagement in this type of social impact investment is still at a very early stage. However, if the set-up proves to be viable over the next few years, it is likely that a dedicated impact investment platform will be created as a stand-alone option.

SEDF has not systematically measured its impact in the past. The measurements conducted so far have included project-specific and qualitative rather than quantitative metrics to prove success. In order to pursue a more systematic approach, SEDF has started to refine metrics. The five to ten year-long investments start to pay back first returns.

Harold from GBF argued that "everybody should be happy” with 7-9 percent return on investment accompanied by social return. Impact measurement is a priority at GBF and realized with tools such as the Progress out of Poverty survey. Rather than providing affirmative data, Social Return on Investment (SROI) helps to track and manage the level of impact.

For those interested in entering or continuing to work in impact investment three key lessons came out in the panel:

1. Ensure balance
Currently, there is a lot of interest shifting towards impact investing generating great excitement. However, there are not enough enterprises ready to absorb the available investment capital. The current returns on investment are often times much lower than investors might expect. It is important to avoid the creation of an investment bubble and to build a pipeline of fundamentally sound investment opportunities.

2. Know the sector
One should not underestimate the difficulty of changing the DNA involved in transforming social initiatives into viable businesses. Harold found it particularly important to add “arms and legs” to each investment, combining financial support with capacity building in order to pursue an approach that is integrated and more prone to succeed in the long-run.

3. Get excited
Henry’s key advice for those interested in starting a career in impact investing: “Get a job!” As intrapreneur everyone can make a difference in their organization; no matter if big or small. “Be true to your needs and circumstances; make sure you are enjoying what you do and move when the time is right.”

Amie suggested that if you have the opportunity and the ability to work in the field you should definitely go ahead and do it. This will provide invaluable insight into processes, opportunities and challenges on the ground. As Harold put it: “Learn about the mess that is going on in the countries.”

Design for Extreme Affordability: Driptech and ClickDiagnostics

Tue, 17 Nov 2009 22:00:00 +0000

Authored by: Amie Vaccaro

How can we design, fund and implement affordable solutions for the developing world's toughest challenges? How can we maximize social impact with our designs? The "Design for Extreme Affordability" panel at Net Impact conference tackled these very issues.

Jeffrey Gangemi, Communications Consultant at Dun & Bradstreet moderated a conversation between two entrepreneurs who have designed affordable solutions: Peter Frykman, Founder & CEO of Driptech and Ting Shih, Executive Vice President of ClickDiagnostics.

Problem: Farmers in drought-ridden regions of the developing world need better, cheaper, more effective ways to use their meager water supplies efficiently.

Solution: Driptech creates affordable, water efficient irrigation systems for small-plot farmers in developing nations. Their drip irrigation product is low cost and low tech, but designed using high-tech expertise.

The Driptech team met at Standord in a course called Entrepreneurial Design for Extreme Affordability. Traveling to Ethiopia, they noticed that farmers were unable to grow crops due to scarcity of water and high costs drip irrigation products. This spurred their invention of Driptech tubing, which is 2-5x less costly than the alternatives and works better and more reliably. In a 5-month pilot with 15 subsistence farmers, Driptech was found to save farmers water, labor and time while enhancing their dry-season crop income.

Problem: The developing world lacks doctors, particularly in rural areas leading to poor healthcare coverage.

Solution: ClickDiagnostics uses accessible mobile technology infrastructure to arm community health workers with the ability to connect to remote medical specialists who provide remote consultation. Rural healthcare professionals that lack adequate expertise to make diagnoses can take photos of patients, send them for review by the proper physician anywhere in the world, and then make a diagnosis based on their expert input. Treatment can happen immediately. ClickDiagnostics' solution can work anywhere in the world with decent cell reception.

Both Driptech and ClickDiagnostics offer elegant, cost-effective solutions. But getting there hasn't been without challenges. Frykman and Shih described their challenges and keys to success building affordable products to serve emerging markets.

Frykman described how he was able to get funding to get Driptech off the ground, despite the process being slow and gradual. The first bit of funding was the hardest to get. After that they were able to talk about the money raised and convince other investors to get on board. They'll be going out for their A round in 8 to 12 months.

Both panelists mentioned the need to understand the country specific context in which they are working. For Driptech, distribution has hinged on successful country-specific strategies. In India, Driptech piggybacks on established commercial agricultural input distribution networks. In China, they've worked with local governments on distribution. At ClickDiagnostics, Shih has found the key to success is understanding how the healthcare structure works in each country they operate in. While her product can work anywhere, she absolutely needs to understand the context.

Driptech is eager to serve the base of the pyramid. "It's easy to design another attractive mp3 player to sell to rich people. But it's much harder to design a product to serve dollar a day farmers," Frykman said.

Both entrepreneurs are dedicated to sustainable revenue models with social missions. The for-profit model enables growth and expansion. "I'm adamant about doing well by doing good and attracting more products and services to this sector through enabling technologies," Frykman said, touching on the idea of trickle up innovation.

Keeping these products low cost is of utmost importance. Frykman acknowledged that he sacrifices durability for low cost to some extent. Driptech is currently manufacturing in India, laser punching the tubing in Palo Alto and then selling the product back in India. They plan to do all pieces of the manufacturing process in India, but for now they are eating the excess cost of transit to California to test market acceptance.

I was pleased to learn that competitive threats are not top of mind for Driptech or ClickDiagnostics. Frykman isn't worried about competition. The market he serves is untapped and a "rising tide lifts all boats" as he sees it. Similarly, partnering has been key to Shih's success so far. Shih described how ClickDiagnostics seeks out its competitors and then figures out how to collaborate, and leverage their technology, research or other assets. When solving big problems, we need to think more and more in this mind set of radical collaboration, rather than competition.

Net Impact 2009: Beyond Microfinance - New Knowledge and Models for Development

Tue, 17 Nov 2009 16:30:00 +0000

Authored by: Lindsay Stradley

Although microfinance (MF) has not been a panacea for economic development and poverty eradication at the base of the pyramid, its significant impact has prompted many to urge the MF community to expand that success by moving into "Microfinance 2.0." This weekend's 2009 Net Impact conference addressed this transition through the panel, "Beyond Microfinance: New Knowledge and Models for Development."

Too much expansion or not enough?

In his opening comments moderator David Maxson, of Accion's Frontier Investments Group, noted that MF is experiencing growing pains as it moves from 1.0 to 2.0. Microfinance investors, several represented on the panel, are witnessing a profusion of new business models as they explore ways to move beyond providing liquidity to microfinance institutions (MFIs). Even as Accion encourages these new models, Maxson asked the panelists whether the industry is moving too far, too fast or not yet far enough, fast enough.

Overall, Gil Crawford, CEO of MicroVest Capital Management, concluded that the rapid increase in the amount of money invested in MF and the degree of commercialization of MFIs has been too much, too quickly. He predicted that the recent increase in bad MF loans may be the tip of the iceberg created by an excess of easy money that enthusiasm has pushed through the MF system and warned of probable MFI failures in the near-term. Moreover, he worried that the commercialization of MFIs will lead to a bad corporate governance and corruption.

Alex Counts, President & CEO of the Grameen Foundation USA, generally disagreed and encouraged the industry to moderate the hand-wringing in which it's currently engaged. He emphasized that waves of innovation and failure are natural and that MF has many "self-correcting elements at play." Counts labeled recent talk of women frequently borrowing from many MFIs as "rumors." In one Indian state in which such borrowing had been reported, a subsequent study concluded that 89% of the women had borrowed from only 1 MFI and that most of the remaining 11% borrowed from two. That said, Counts noted that, as MF grows and commercializes, each MFI must be clear about whether its primary goal is poverty alleviation or profit generation.

Henry Gonzalez, Vice President at Morgan Stanley in charge of the company's Emerging Markets Debt Group and former founding member of its Microfinance Institutions Group, largely echoed this moderate but laudatory tone. He identified two trends as indicative of the industry's progress: increasing numbers of MFIs starting life as for-profit institutions and increasing numbers of specialized investor funds understanding that health and education are inextricably tied to economic development. Gonzalez agreed, though, both with Counts's caveat that for-profit or integrated models must be very clear about their goals and Crawford's concern that they must have very clear governance.

Focus on core competencies or leverage existing network?

The discussion of MF's commercialization naturally gave way to another critical area of transition: new products and services. Again, Crawford remained the most skeptical about using the MF platform for either distribution of consumer goods and services or for sale of consumer and small and medium enterprise (SME) financial products. Offering working capital to the working class is a very different proposition than lending money to SMEs, and that new venture often falls outside of MFIs' core competencies. Noting, "Some very bright people are trying a little bit too hard," he encouraged all MFIs to be able to write their value proposition on a 3x5 index card - in large font.

In the middle of the spectrum, Gonzalez argued that MFIs should leverage their existing financial structure to offer a large menu of financial products. Only after financial expansion should they evaluate whether and how to use it to distribute non-financial products and services.

Counts advocated for MFIs to expand their missions by forming mutually reinforcing institutions to touch non-financial products and services. Offering products to solve other problems of the poor through sister organizations makes the otherwise generic financial products more sticky. He further urged MFIs to continuing innovating and adapting their business models in order to expand their reach into new countries and new regions within existing MF countries.

Growing under the microscope

The tremendous enthusiasm for MF in recent years has simultaneously garnered waves of new investors and thrust the industry under the microscope. The lively conversation among these four prominent players reinforced these two issues' interconnectedness. As investors enter the space, many seek a focus on growth and profit. As MFIs commercialize, increase their funds, and expand their product offerings, the new public scrutiny often concludes that profit motives are dictating the changes.

Many people further conclude that such motives are bad. They're not - if the tools are still alleviating poverty. If the desire for profit encourages expansion, and expansion both tackles poverty and generates profits, MF is indeed building the powerful ecosystem for which it is praised. As the discussion highlighted, however, we must continue to push MFIs to clearly articulate their goals, delineate their governance, and demonstrate their results. Particularly as it grows, we must keep it firmly under the microscope.

Net Impact 2009: Social Impact Measurement Frameworks

Mon, 16 Nov 2009 21:00:00 +0000

Authored by: Diana Hollmann

Simply judging by titles, less than a handful of panels at this year's Net Impact conference dealt with metrics and impact measurement. I found this quite surprising considering the intensive discourse and current initiatives underway in the sector (Rob and others have reported quite extensively on NextBillion lately). Most panels, however, were intractably tied to the question of how to measure non-financial impact; no matter if talking about the evolution of corporate philanthropy or about getting beyond socially responsible investing.

The Net Impact panel on "Social Impact Measurement" aimed to help uncover approaches to measuring social impact. Eileen Yang, a Consultant from Mission Measurement, and Drew Tulchin, Managing Partner at Social Enterprise Associates (SEA), discussed the issue with facilitator Gautam Kaul, a Professor of Finance at the Ross School of Business.

Eileen gave a general introduction to a few central questions institutions ask themselves: How do we measure social impact? How do we know if we progress into the right direction? How do we articulate measurements and how do we communicate them to our stakeholders?

Institutions should not get stuck with trying to find the perfect set of metrics but rather define proxy measures and consider measurement as a valuable management tool. Metrics should be kept simple and practical: "Don't measure just for the sake of measuring!"

To instill awareness for measurement mechanisms in an organization a top-down approach ensuring the buy-in from the top management is more likely to be successful than a bottom-up approach. However, also intrapreneurial initiatives that take results of a pilot project in social impact measurement from a team level to advocate among top management could contribute to a change in organizational measurement culture.

Drew went into more detail on the question "how to measure?" and outlined 'Social Return On Investment' (SROI) as a potential mechanism to measure social impact. He gave an introductory overview over a toolkit SEA and theSocial Venture Technology Group had developed for Nemours, a Delaware non-profit that addresses child health issues. The toolkit includes:

an SROI calculator employees can use to determine the strategic relevance, the potential impact and the priority of projects,
a tool to track performance relative to a set of objectives, as well as
an SROI analysis to visualize outputs, outcomes and impacts relative to the investment made.

Drew reminded us that the SROI is not a uniform construct and includes different data types - narrative, qualitative, quantitative, monetizable and financial information. The weighting of each component in the overall SROI essentially depends on the needs of the audience. In order to interpret the data it is crucial to identify a benchmark or to create a base case and to track data over time.

As the panel showed, measuring social impact is a hot topic for sustainable ventures. Continuing to think about what and how we need to measure, we move towards increased effectiveness and efficiency. Every step towards improved measurement will have a substantial impact on the sustainable venture sector - it will help to translate grants with seemingly little or no return into investments with a social return.

The Q&A session covered a very broad spectrum of issues reflecting the different levels of familiarity with the topic among the audience. Even though the panel didn't go into substantial depth, it was a great opportunity to reflect on central issues related to social impact measurement. It would be great if we could build on this panel, see how its content and recommendations are aligned with other metrics efforts in the sector, and see a more targeted discourse at next year's conference.

Net Impact 2009: Lighting the Base of the Pyramid with OSRAM Energy Hubs

Mon, 16 Nov 2009 14:40:00 +0000

Authored by: Champa Gujjanudu

My second event at the 2009 Net Impact Conference was a very well orchestrated case study analysis of a critical emerging market and base of the pyramid (BoP) issue - off grid solutions and energy consumption. Off grid solutions have been a point of exploration in recent years with initiatives such as the Solar Foundation work in Ethiopia and the reading lamp project in Africa and India.

Our presenter, Wolfgang Gregory, Chief Sustainability Officer for OSRAM Sylvania, a subsidiary of Siemens, painted a very lively picture of the origins of a project that has the potential to dramatically change the off grid sector. He set the context narrating a meeting in Germany where members from his team pondered on a potential opportunity.

OSRAM Sylvania is a leading provider of lighting solutions and through its Global Care program is committed to investing in sustainable programs in emerging markets. About 77 billion liters of kerosene is being used for lighting every year in different parts of the world accounting for a market of $55 billion USD with nearly 1.6 billion people having no access to electricity. This equated to an enormous market opportunity for OSRAM and also a potential to innovate within this sector.

Continue reading this story...

Net Impact 2009: Enabling Access to Clean Water – Top Down Vs. Bottom Up Approaches

Sun, 15 Nov 2009 21:30:00 +0000

Authored by: Nitya Pillai

The first session I attended at this year's Net Impact Conference was a lively panel on approaches to address water-related challenges in the developing world. It was moderated by Cheryl Choge of the Global Water Challenge, who began by reminding us of a few key water facts, for those of you who're curious about the scale of the problem: There are 884 million people without access to clean water and about 2.5 billion without access to adequate sanitation, the burden of which is felt disproportionately by women and children.

Water-related diseases are a leading cause of death among children across the globe. Women in developing countries spend inordinate amounts of time walking to fetch water. The panelists spoke about their work in innovative, cost-effective business models for the BOP, and touched on supply chain models, distribution channels and approaches to pricing.

The water challenge: how is it being tackled?

The Water Initiative's approach was presented by Kevin McGovern, a serial entrepreneur and co-founder of successful companies such as the SoBe beverage company. He and his team are supplying clean water to low-income consumers in Mexico, where The Water Initiative mobilizes teams of top scientists from Universities such as Cornell and UCLA to develop promising water treatment technologies at the point of use. The company works closely with communities in Mexico, studying local water conditions and deploying appropriate water solutions at affordable price points according to the recommendations of The Base of the Pyramid Protocol. (Side note: Stu Hart, one of the authors of the protocol, is a board member and a partner in this venture.)

At A Single drop of water, a Philippines-based nonprofit, Gemma Bulos and her team match civic society with local government groups to create hubs of local water expertise (PODS - people offering deliverable services). The local groups work to implement community-led WASH (Water and Sanitation) solutions. These organizations decide what technologies to implement based on the specific needs of the organization.

Finally, Bjorn von Euler works with ITT, a global supplier of water pumps and systems to transport, treat and control water and other fluids. The company follows a risk-reduction business model and has its operations spread across a variety of countries such as China, Honduras, Guatemala and India.

Following are a few sticking points from the panel:

"Appropriate" technologies matter more than "sophisticated" technologies. Although technology is a huge enabler, it isn't in itself a solution. The technological know-how for water exists, but the technology that gets implemented is often not relevant to the needs of consumers. Says Gemma Bulos,"Appropriate technologies are key". In addition success in BoP markets is contingent on several factors: First, technology works only if it is possible to source materials locally; second, the system must be easy to maintain and fix; third, the sophistication of the technology isn't nearly as important as public buy in; and fourth, the product must be reasonably priced. If the people don't think it works, they aren't going to use it.

WASH - a holistic view of Water, Sanitation and Hygiene: In recent times, there is growing acknowledgement amongst players in the water industry that water management cannot be viewed in isolation. Water, Sanitation and Hygiene (WASH) are closely linked, and treating them as such helps businesses understand their consumers better. As Gemma said, "If a mother installs a faucet in her kitchen and doesn't wash her hands while cooking, the technology becomes meaningless. For this reason, consumer education must be used in tandem with system implementation. It is the only way to ensure effective use of new products.

Community buy-in is key to success of BoP water businesses. At The Water Initiative, the team empowers communities to design products and distribution channels. The company brings cost-effective water purification systems to market, focusing mainly on technologies that remove carcinogens such as arsenic, flouride and harmful pathogens. Kevin calls himself a "pro bono" entrepreneur - "An entrepreneur who not just makes money solving pressing global challenges, but also creates jobs in the process". Gemma noted that for the POD model to succeed, political will is extremely important. For this reason, the organization makes the government sign an MOU with the PODs to give PODS complete control of water management.

The developed world may need to look towards the developing world for solutions. Contrary to popular belief - innovations in "Point-of-use" water technologies are coming from developing countries and not from developed countries. Bjorn Euler brought up a great point about water challenges in the developed world; he predicted that disruptive technologies in emerging markets will likely provide next generation technological solutions to developed nations. Many western countries are struggling to revamp crumbling municipal water and sewage systems that were built decades ago. According to Bjorn, "Developed nations are going to have to work much longer" to fix their systems than emerging markets.

Top down or bottom up? Political will, all the panelists agree, is extremely important to get the job done. It isn't necessary an insurmountable obstacle, however. Gemma mentioned how a measured, cooperative, "non-activist" bottom-up approach can actually work to influence the government. When you take time to build capacity, the government takes notice. When there is sufficient push from small grassroots organizations and civic groups, the government tends to cooperate, and actively includes innovation in its mandate. Gemma recounted that in the Philippines, "The government spends more money on WASH now, and has made it a priority." Engaging municipal governments will get political will behind. It really can work both ways - top-down and bottom-up.

Large scale collaboration is needed. Bjorn pointed out that the lack of capital or technology isn't as much of a problem as an inefficient use of existing resources. There are billions of dollars that go into water each year, but ineffective transfer of knowledge and wasteful use of resources in a highly fragmented global water market make it difficult to exchange new ideas and technologies. He also stressed out the need for collaboration. Single organization breakthroughs are unlikely to radically affect water challenges.

Trust and reputation mean everything at Base of the Pyramid markets. Finding long-term partners on the ground is critical to the success of water businesses. For this reason, a water business must work on building trust within the community even before it begins its operations. Kevin says, "It can be dangerous if even a few members of the community hold a prejudicial view of your business". This is particularly important, given that water ownership is such a sensitive issue. In addition, creating services around the product can give people economic incentives to be involved.

For instance, women undertake product distribution and advertising, and have a clear economic incentive to do so. In terms of branding the product as it hits the market, it's extremely important to involve the local population in the product's messaging. Kevin urges water entrepreneurs to use focal points to help with community engagement. This is time-consuming but absolutely essential. Bjorn adds, "Schools, like churches, can be leveraged as focal points for discussions around water usage and practices."

* * *

What does the future look like?

When asked about their 5-year visions, all the panelists agreed that they wanted to focus their energies on women. Women are vital stakeholders in the scaling process. According to research conducted by ITT, the return on investment for water projects that involve women is nearly 10x higher than those that involve men. Women are more conscious about issues centered on health and family, and tend to be good advocates and partners in WASH initiatives. Given that women tend to multiply consumption behaviors in families and communities, no water business can be successful unless women are involved. From a purely practical standpoint, Gemma added, "The availability of women in the daytime is also a factor that makes them attractive partners for such businesses"

Director of Finance

Sat, 14 Nov 2009 22:32:11 +0000

Organization: Proximity Designs

Location: Yangon, MM

Proximity Designs is an international social venture dedicated to boosting the incomes of poor, rural families in Burma/Myanmar since 2004. (We were formerly International Development Enterprises or IDE Myanmar.) We design, manufacture and distribute products and services that dollar-a-day rural households can afford. We run our operations like a cutting-edge design company, and treat the rural people we serve as customers and listen carefully to them. Our products are designed to surprise and delight our more than 200,000 customers by dramatically improving their daily lives.

We are looking for a Director of Finance who can bring a strategic, high-level perspective to our organization's finance and accounting needs. The Director of Finance will build our capacity to manage our finances as we grow significantly in size and complexity. The Director of Finance will be an integral member of our senior management team.

The Director of Finance will be responsible for overall financial management of Proximity Designs, including:

Supervise our six-member accounting and finance team.
Create, implement and monitor proper accounting and financial management systems according to our internal policies and international standards.
Create, adjust and maintain budgets for our different activities and organization as a whole.
Produce monthly, quarterly and annual financial statements
Provide managerial accounting reports for senior management.
Create cash flow projections and manage cash flow to meet our organization's needs.
Perform treasury management functions.
Oversee major procurement as well as payroll activities for staff and teams.
Manage working capital requirements for our different product lines.
Develop and maintain systems of internal controls to safeguard our financial assets.
Oversee grant funds management, produce spending reports for international donors and serve as the financial liaison to our donors.
Prepare for annual external audit; act as the point of contact for all audit activities and ensure any audit issues are resolved.

Our ideal candidate will have the following characteristics:

Demonstrated ability to manage finances for a complex venture in a challenging international environment.
Advanced Degree in finance, accounting or an MBA. CPA preferred or equivalent experience.
Understanding of social enterprises (nonprofits and for-profit), business models and operations.
Excellent interpersonal relationship skills including demonstrated leadership and team-building skills; ability to communicate effectively with diverse groups of people.
Passionate about our mission.
Exercises good judgment in the midst of much ambiguity.
Overseas living and travel preferred.

How to Apply:

Please send cover letter and resume to Debbie Aung Din Taylor at dadtay@gmail.com and indicate "Director of Finance_Myanmar" in the subject line of the email. that looks

Advertising/Sales Lead

Fri, 13 Nov 2009 18:00:59 +0000

Organization: Intellecap

Location: Mumbai, IN

Job Objective: Are you looking for a way to use your advertising/sales skills and make a positive impact? Join Intellecap as the Advertising/Sales Lead for two social enterprise-focused magazines, Beyond Profit and Microfinance Insights. Both magazines generate revenue—through ad sales, events and subscriptions—but we are also seeking grant support to provide an additional foundation for growth. The ideal candidate will be adept at ad sales, as well as grant writing.

Responsibilities:

Develop all sales activities for two growing magazines.
Provide leadership toward the achievement of maximum profitability and growth in line with company vision and values.
Develop a business plan and sales strategy for the magazines that ensures attainment of publications’ sales goals and profitability.
Prepare action plans for effective search of sales leads and prospects.
Initiates and coordinates development of action plans to penetrate new markets.
Assists in the development and implementation of marketing plans as needed.
Serves as lead in sales calls to local and global clients.
Maintains accurate records of all outreach, sales, and activity reports.
Creates and conducts proposal presentations and RFP responses.
Actively seeks grant support and leads preparation of grant proposals.
Assists sales associates in preparation of proposals and presentations.
Controls expenses to meet budget guidelines.

Job Specifications:

Minimum of 3-5 years of experience in sales management.
Strong understanding of customer and market dynamics and requirements.
Willingness to travel and work in a global team of professionals.
Experience writing grant proposals.
Proven leadership and ability to drive sales.

Contact Info: Please forward cover letter and resume to: jobs@intellecap.com

About the Magazine: Beyond Profit, launched in May 2009, is a new quarterly magazine focused on social enterprise and social investing in developing and emerging markets. Microfinance Insights, an Intellecap publication, is a bimonthly magazine that analyzes the latest trends in the microfinance sector and serves as a consolidated, comprehensive resource. We distribute at responsible finance and social finance conferences around the world and have a readership of 10,000.

Intellecap, the company that publishes the magazines, is a pioneer in providing comprehensive market-based solutions that help build and scale innovative businesses committed to economic and social development. Today it has offices in Mumbai, Hyderabad, and Delhi (India), and in Palo Alto (California, USA) with employee strength of 55 domain experts and experienced professionals from mainstream business sectors.

Freelance Designer

Fri, 13 Nov 2009 17:58:48 +0000

Organization: Microfinance Insights

Location: Mumbai, IN

Job requirements: We are seeking an accomplished designer or design team with a strong sense of typography, a high degree of proficiency in print/magazine design, and a strong and diverse portfolio for a part time position. The job can be done remotely, except for a few days a month needed in office.

Responsibilities include:

Leading the design and coordination of all materials
Working closely with editorial department to develop visual treatments
Innovating on the current magazine template, and introducing new visually dynamic ways of presenting text, images, and data

The ideal candidate must have:

A strong understanding of publication design, scheduling, and print production
The ability to work creatively and in a timely and organized fashion under deadline pressure
A bachelor’s degree, or equivalent, with an emphasis on design
An intimate working knowledge of Adobe Photoshop, InDesign, and Illustrator in a Mac OS X environment
Based in Mumbai, or ability to travel to Mumbai for issue preparation and completion.
Optional: An interest in social enterprise.

Contact Info: Please forward cover letter and resume to: designer@intellecapcom

About the Magazine: Microfinance Insights, an Intellecap publication, is a bimonthly magazine that analyzes the latest trends in the microfinance sector and serves as a consolidated, comprehensive resource. We distribute at responsible finance and social finance conferences around the world and have a readership of 10,000. Intellecap is a pioneer in providing comprehensive market-based solutions that help build and scale innovative businesses committed to economic and social development. Today it has offices in Mumbai, Hyderabad, and Delhi (India), and in Palo Alto (California, USA) with employee strength of 55 domain experts and experienced professionals from main-stream business sectors.

India Portfolio Manager

Wed, 11 Nov 2009 21:46:47 +0000

Organization: Acumen Fund

Location: Hyderabad, IN

Acumen Fund is a global non-profit venture capital fund, focused on supporting the delivery of critical goods and services at affordable prices to the four billion people earning less than four dollars a day in India, Pakistan, Kenya, Tanzania and Uganda. Acumen Fund seeks to prove that targeted investments, combined with large doses of business acumen, can build thriving enterprises that serve vast numbers of the poor. Its country offices in India, Pakistan and Kenya work closely with the New York team to identify and support local social enterprises. Through our investments we address problems of poverty using market based approaches, demonstrating that there is a role for patient capital, intensive management assistance, and knowledge sharing at the base of the pyramid. Acumen Fund has successfully impacted over 10 million lives so far, through over $35 million invested in South Asia and Africa

(More at: www.acumenfund.org).

Acumen Fund India

First established in January 2006, Acumen Fund's India office has grown to 10 professionals managing a portfolio of approximately $18 million in investments in enterprises that serve the poor. Our goal in 2009 is to grow the portfolio to $ 25 million in investments and focus on the management assistance support we provide our companies.

Energy Portfolio is amongst the newest in Acumen Fund, launched in Q3 2007. Our investments in energy seek to improve access to affordable, safe and clean energy, or energy-efficiency devices, for the poor. With much of the first year spent building expertise in the sector and sourcing pipeline, the India portfolio now includes investments in solar/LED lighting and micro-hydro power.

Position Description

The hire will be directly responsible primarily for managing the energy portfolio in India, including current investments and the development of future investments in the sector. S/he will also be expected to play a significant role globally, helping to build on the existing energy expertise and contribute to the energy strategy in the organization.

Specific responsibilities include:

Portfolio Development and Investment Management

Managing relationships along with the India Director of current Acumen investees in the Energy sector including providing post-investment management support to current investees;
Managing relationships with other Acumen stakeholders in the sector including prospective investees, peers, advisors, thought leaders and technical experts;
Identifying new investment opportunities and carrying out due diligence and financial analysis;
Leading investment structuring and negotiations with the requisite input from the India Country Director and legal advisors;
Preparing, presenting and maintaining detailed investment documentation for Acumen Fund Senior Management, Investment Committee, and Board of Directors.
Actively contribute to the Global Energy Portfolio team by sharing knowledge, supporting team members in their due diligence and informing the strategy.

Business Development

Working with the India Country Director to build strategic alliances within the country to help meet Acumen Fund objectives, as well strengthening engagement with advisors, partners and other key supporters.
Participating in fundraising and communication activities to strengthen Acumen Fund objectives in India.

The Energy Portfolio Manager will report to the Country Director, Acumen Fund India.

Qualifications

Candidates for the India Energy Portfolio Manager role should have a passionate commitment to solving the toughest problems of poverty, strong entrepreneurial spirit, and excellent communications and networking skills. Strong candidates will have a blend of private sector and non-profit experience, as well as experience in business management, finance/investing, and clean energy. They will have very strong organizational skills and an ability to manage and deliver projects independently and proactively in a fast-paced work environment. They will also have the entrepreneurial drive to take an idea and turn it into a high-quality finished product through assertive risk-taking and innovation.

Extensive business/finance experience and experience working in the clean energy sector with 7-10 years of work experience in the same.
A passionate commitment to Acumen Fund's mission of tackling issues of poverty.
A strong entrepreneurial spirit.
A proven ability to project manage/execute.
Excellent written and oral communication skills; ability to present arguments and analysis in a clear and succinct manner to Acumen Fund management, partners and investees.
Excellent interpersonal skills; ability to work well in a team and successfully interact with corporate and non-profit partners, as well as end low-income clients in the field.
Fluency in English and Hindi. Knowledge of other Indian languages a plus.
Commitment to accuracy, attention to detail and follow-through.
Commitment to and enthusiasm for Acumen Fund's mission and business model, and respect for the organization's core values: generosity, accountability, humility, audacity, listening, leadership, and respect
A master's degree in a relevant field (i.e., MBA, ME, MSc, MPA, MPP) will be a plus.

Candidates who cannot demonstrate strong knowledge and relevant experience in the energy sector are advised not to apply for this position.

Compensation

Acumen Fund offers a competitive compensation package, commensurate with experience.

Location

Hyderabad, India

To Apply

Send a cover letter and resume to Shahela Sajanlal at ssajanlal@acumenfund.org, with "Application for Portfolio Manager India" in the subject line.

Unfortunately due to the volume of applicants, we are only able to contact those for whom a possible match is identified.

Manager, Portfolio Performance

Tue, 10 Nov 2009 18:01:19 +0000

Organization: Acumen Fund

Location: Nairobi, Karachi, Hyderabad, or Dubai, AE

Acumen Fund is a global non-profit venture capital fund, focused on supporting the delivery of critical services - water, health, housing, energy, agriculture - at affordable prices to the four billion people who lack access in India, Pakistan, and East Africa. Acumen Fund exists to help end poverty by changing how the world addresses it.

It does this in two ways: (1) by investing patient capital to identify, strengthen and scale business models that effectively serve the poor and (2) by championing this approach as an effective complement to traditional aid,
which can create dependence, or pure market approaches, which can bypass the actual needs of the poor. With more than $35 million invested in South Asia and Africa, and offices in India, Pakistan, Kenya and New York, Acumen Fund addresses problems of poverty using market based approaches. Acumen Fund's vision is that one day every human being will have access to the critical goods and services they need so that they can make decisions and choices for themselves and pursue lives of greater purpose. This is where dignity starts - not just for the poor but for everyone on earth.

Over the years, Acumen Fund has demonstrated an ability to deploy capital, and as an active investor of patient capital, an ability to work closely to grow portfolio companies. We are now in the process of systematizing our capability to deliver world-class post-investment management support to our portfolio companies. The opportunity described below is a high-impact, high-profile role to develop a new function within Acumen Fund.

Position Description
The Manager will directly oversee Acumen Fund's post-investment management processes, from assessing theneeds of our portfolio companies to designing the most appropriate strategy considering available best-practices
and our unique market in addition to developing the capability within the organization to provide management assistance. Finally s/he will manage our ongoing implementation, including building the necessary team of internal and external resources for direct engagement with critical portfolio company challenges. The Manager will be expected to build a successful capability in a fast-changing and entrepreneurial environment, and will be expected to bring exceptional judgment, deep operational expertise and an excellent track record of similar accomplishment. Given the high-profile nature of the role, the Manager, while sit globally and will report directly to the Chief Investment Officer.

Specifically, the Manager will be expected to:

Coordinate the assessment of portfolio company needs and recommend an appropriate solution

Assess the nature of portfolio company issues
Work closely with coverage teams and metrics manager to understand requirements for and history of Acumen Fund involvement in portfolio company management
Assess best practice post-investment management strategies, capabilities and outcomes
Develop an understanding of Acumen Fund and portfolio company team skills and gaps
Design and recommend an appropriate strategy to build and implement a world-class post-investment management capability at Acumen Fund

Develop Acumen Fund's Performance Management capability into a world-class function

Design appropriate implementation schedule based on existing Acumen Fund investment process, and new post-investment management strategy, including First 100-day plans, ongoing monitoring and data collection and feedback mechanisms to the companies
Build Portfolio team skills for managing day-to-day portfolio performance issues and serving as Board members
Build external resources capable of providing on-going assistance and support to portfolio companies as necessary (strategic and specialized tactical resources - accounting, finance, IT and human resources)

Manage ongoing Performance Management to achieve portfolio company and Acumen Fund objectives

Work with the metrics team to identify, capture, analyze and present relevant performance metrics on a timely basis
Ensure portfolio team and internal resources are allocated optimally:
-Creates and delivers First 100 day plans to understand near-term value creation opportunities
- Delivers appropriate strategic and tactical advice and support to help portfolio companies achieve business plan objectives.

Ensure external resources are allocated optimally:
- Manage the deployment of Acumen Fund Fellow resources to portfolio companies to ensure optimal allocation (review Terms of Reference and placements; solicit Fellows' input and feedback)
- Coordinate inbound pro bono support and match with the needs of portfolio companies
Manage annual review exercises and knowledge sharing:
- Conduct the Annual Portfolio Review and Forced Ranking exercises
- Using internal and external resources, coordinate a series of country-specific and global portfolio trainings or gatherings, on relevant topics such as: supply chain management, governance, attracting and retaining talent, growth management, and other topics of relevance to portfolio companies in this space
- Manage portfolio learnings and communications from the CIO

Work with the CIO, coverage teams and the portfolio company on select high priority engagements

Qualifications
Candidates for the role should have a passionate commitment to Acumen Fund's mission and business model, and respect for the organization's core values: generosity, accountability, humility, audacity, listening, leadership,
and respect. Candidates will have a strong entrepreneurial spirit, a blend of private sector and non-profit experience and particular strengths in diagnosing and resolving complex organizational and financial problems.

Additionally, they will have the following attributes:

8-10 years of work experience in management consulting, private equity, venture capital, start up businesses, or a related area, including evidence of successful accomplishment in challenging turnaround situations of early stage companies
Professional experience working in and commitment to serving underserved populations in emerging markets strongly preferred (experience in one of Acumen Fund's six markets and/or local language abilities are a significant plus)
Very strong business analysis and financial skills, as demonstrated by prior experience;
Excellent written and oral communication skills including the ability to present arguments and analysis in a clear and succinct manner to Acumen Fund management, partners and investees;
Excellent interpersonal skills including the ability to manage relationships with investees, partners and advisors
A combination of a serious work ethic and a sense of humor
An advanced degree in business administration or a related field is preferred.

Compensation
Acumen Fund offers a competitive compensation package, commensurate with experience.

Location
The position will be recruited from New York but will likely be based in one of Acumen Fund's country offices in Nairobi, Hyderabad or Karachi. There is also potential for a placement in Dubai. Frequent travel to India, Pakistan
and East Africa will be required.

To Apply
Please send a cover letter and resume to portfolio_jobs@acumenfund.org with "Portfolio Performance Management" in the subject line.

Agriculture Portfolio Manager

Tue, 10 Nov 2009 17:48:53 +0000

Organization: Acumen Fund

Location: Nairobi, Hyderabad, or Karachi, PK

Acumen Fund is a global non-profit venture capital fund, focused on supporting the delivery of critical services – water, health, housing, energy, agriculture – at affordable prices to the four billion people who lack access in India, Pakistan, and East Africa. Acumen Fund exists to help end poverty by changing how the world addresses it. It does this in two ways: (1) by investing patient capital to identify, strengthen and scale business models that effectively serve the poor and (2) by championing this approach as an effective complement to traditional aid, which can create dependence, or pure market approaches, which can bypass the actual needs of the poor. With more than $35 million invested in South Asia and Africa, and offices in India, Pakistan, Kenya and New York, Acumen Fund addresses problems of poverty using market based approaches. Acumen Fund’s vision is that one day every human being will have access to the critical goods and services they need so that they can make decisions and choices for themselves and pursue lives of greater purpose. This is where dignity starts – not just for the poor but for everyone on Earth.

Position Description
The hire will directly be responsible for managing the global agriculture portfolio, including current investments, and the developing future investments in the sector. S/he will also be expected to play a significant role globally, helping to build on the existing agricultural expertise in the organization.
Specifically, the Manager will be expected to:

Identify organizations with proven or promising approaches to delivering agriculture products and services to the poor and conducting due diligence on their capacity to achieve sustainability and scale.
Identify new investments, carry out due diligence and investment activities on potential investments.
Prepare, present and maintain detailed investment documentation for Acumen Fund Senior Management, Acumen’s Investment Committee, and the Acumen Fund Board of Directors.
Managing relationships with other Acumen stakeholders in the sector including prospective investees, advisors, thought leaders and technical experts.
Provide post-investment management to investees in agriculture performance.
Ensure regular contact with Acumen Fund investors on the performance of the organizations and portfolio.

Qualifications
The Agriculture Portfolio Manager will report to the portfolio lead in the global office where s/he is placed. Candidates for the role should have a strong knowledge in the agricultural sector, deep business/finance experience, experience in our investment regions and a passionate commitment to Acumen Fund’s mission of tackling the issue of poverty. A master’s degree in business administration or a relevant field is highly desirable. International work experience and knowledge of foreign languages are also assets to the position.

Additionally, s/he will have the following attributes:

Deep principal investing experience in the agriculture sector making agriculture investments and managing an in investment portfolio, with 7 – 10 years of work experience in the same.
A strong entrepreneurial spirit
A proven ability to manage projects and execute
Excellent written and oral communication skills; ability to present arguments and analysis in a clear and succinct manner to Acumen Fund management, partners and investees
Excellent interpersonal skills; ability to work well in a team and successfully interact with corporate and non-profit partners as well as low-income clients in the field
Commitment to accuracy, attention to detail and follow-through
Commitment to and enthusiasm for Acumen Fund’s mission and business model, and respect for the organization’s core values: generosity, accountability, humility, audacity, listening, leadership,

Compensation
Acumen Fund offers a competitive compensation package, commensurate with experience.

Location
The position will be based in one of Acumen Fund’s country offices in Nairobi, Hyderabad or Karachi. Frequent travel to our investment regions will be required.

To Apply
Send a cover letter and resume to portfolio_jobs@acumenfund.org. Please include the job title "Ag Portfolio Manager" in the subject line.

Operations/Metrics Assistant

Sun, 08 Nov 2009 03:30:00 +0000

Organization: Grassroots Business Fund

Location: Washington, DC, US

The Grassroots Business Fund (GBF) is a not-for-profit organization with a mission to build and support high-impact intermediary business organizations that provide sustainable economic opportunities to thousands of people at the base of the economic pyramid. GBF provides these organizations with appropriate financing and targeted technical assistance to enable them to become catalysts for economic growth and social enhancement among the poor in the developing world.

SCOPE OF WORK

The general objective of the assignment is to aid the management and other staff in handling a wide variety of tasks, including the operational function of the office and implementation of GBF's social impact framework called, Impact Planning, Assessment & Learning (iPAL). The Assistant's tasks include but are not limited to:

Operations (45%)

Coordinating invoice payment with external accountants;
Managing international and national wire transfers (both incoming and outgoing);
Maintaining files (program related and operational);
Coordinating special events such as staff training, workshops, etc...;
Coordinating suite maintenance with necessary parties (building management, service providers, etc...)
Ordering necessary supplies (including office, IT, travel, furniture, etc.);

Metrics/iPAL (45%)

Coordinating the collection of all projects social metrics into an aggregated management information system;
Managing and updating GBF's Organization Scorecard for internal and external use;
Assisting in organizing/ implementing student teams to execute a progress out of poverty survey;
Overseeing the development of customized excel data aggregators for GBF's clients to use for progress out of poverty surveys;
Preparing iPAL documents for management meetings;

Ad Hoc Activities (10%)

ESTIMATED TIMETABLE AND TERMS

The position is full‐time and will be based in Washington, D.C. Interested applicants should apply only if they will be able to start as soon as possible. Compensation will be commensurate with experience and full benefits will also be provided, including medical and dental insurance as well as a pension plan.

PROFILE OF SELECTED CANDIDATE

US Citizenship, permanent residence;
BA/BS degree in related field (business and/or international affairs preferred);
Interest in the social enterprise field;
Background in basic accounting and/or operations;
Strong quantitative evaluation skills;
Self starter, motivated, little guidance needed, well organized, eye for detail, open minded, can do attitude, team player;
Ability to work well in stressful environment and can multi‐task;
Advanced/Expert knowledge of Microsoft Excel (Required, knowledge will be tested in second round interview);
Strong communication and written skills;
Proficient understanding of Microsoft Word, Powerpoint, Access, Project;

Preferred but not required criteria:

Java/ Excel VBA / SPSS knowledge;
International travel/work experience;
Experience in monitoring and evaluation programs;

Applicants should submit a 1 page cover letter and resume to careers@gbfund.org no later than November 15, 2009 at 11:59 pm EST. Selected candidates will be contacted for in person interviews during the week of November 16. In addition, the selected candidate should be able to start as early as Monday, November 23, 2009.

Product Management Internship

Thu, 05 Nov 2009 13:14:15 +0000

Organization: Kickstart International

Location: Nairobi, KE

KickStart International is an award winning non-profit social enterprise with a mission to help millions of people in developing countries escape from poverty and to "kickstart" sustainable economic growth. KickStart develops simple money-making tools and markets them to poor, entrepreneurial persons who use them to start profitable new businesses, increase their family wealth and boost local economic growth. (www.KickStart.org).

The organization is recruiting for a qualified, enthusiastic volunteer to assist us full-time over a 4 to 6 months period with several new product launch initiatives. The volunteer will be based in Nairobi, Kenya with occasional travel within Kenya.

Opportunity

The volunteer will be managing the market test launch of two new two products. Specifically, the deliverables for the volunteer will be:

Creating and updating the detail market test strategy and implementation plan;
Managing the market test, collection and analysis of the results from the market test; and
Leading the creation of the training content, marketing collateral, and product packaging.

Qualifications

Product management or product marketing experience. Experience in new product hardware (versus service offering) introduction preferred.
Technical background - knowledge of mechanical engineering & manufacturing engineering theories useful
Excellent interpersonal and communications skills - a complete team player
Exceptional planning, organizational and analytical skills
Results/Performance Orientation - proven "self-starter"
Ability to work in a dynamic and unstructured environment
Undergraduate degree required. MBA desirable.
Fluency in English required. Fluency in French desirable.

How to apply

If you believe you have what it takes to handle this opportunity, kindly email your one page Application Letter, together with your CV (maximum of 3 pages), stating the position title on the subject line of your email to HR@kickstart.org by November 30th, 2009.

Base of the Pyramid Initiative Intern

Thu, 05 Nov 2009 13:01:56 +0000

Organization: Global Business Coalition on HIV/AIDS, Tuberculosis & Malaria

Location: New York City, US

Job Description:

The Global Business Coalition on HIV/AIDS, Tuberculosis and Malaria (GBC) is an alliance ofover 200 international companies leading the private sector fight to end these three epidemics.GBC leverages the business sector's unique skills and expertise-including comprehensiveworkplace policies; community programs; core competencies; leadership and advocacy andpublic-private partnerships - in the global drive to eradicate these deadly illnesses.

In 2009, GBC began to explore Base of the Pyramid (BoP) opportunities for our membercompanies, and determined that the BoP space presents enormous potential. We are looking for ahighly-motivated, self-directed intern to drive expansion from this initial investigatory phase intoa broader, organization-wide initiative, with clear direction and deliverables to support GBCcompanies in developing BoP initiatives. These companies include multinational leaders in thefields of consumer products, information and communication technology, pharma and biotech, oiland gas, media, finance, and tourism, among others. This internship has potential to directlyaffect how these companies consider BoP initiatives.

This position is ideal for a graduate student with a demonstrated passion for BoP projects and aninterest in global health. Because this initiative is in its beginning stages at GBC, there issubstantial room for creativity and input on potential opportunities and directions.

Responsibilities may include, but are not limited to:

• Research and synthesize information on existing BoP initiatives and key stakeholders,with particular focus on health-related projects and partners

• Liaise with companies, non-profits, and multilaterals to deepen understanding of stakeholder needs and opportunities and to develop strategic partnerships

• Develop tools and resources such as in-depth best practice case studies, issue briefs,and/or e-learning modules

• Support development of GBC's 2010 BoP agenda, which may include organizing stakeholder teleconferences, workshops and/or collective action projects related to healthand economic opportunitiesDesired

Qualifications:

• Demonstrated interest in and passion for Base of the Pyramid projects

• Ability to work independently and with minimal guidance, in a fast-paced environment• Strong research, writing, and editing skills

• Academic and/or professional background in international relations, economics, finance,and/or health and development

Applicants must be available to work in our New York office for a minimum of 20 hours perweek. Ideally, we would like to hire a full-time intern (40 hours per week in our New York office). GBC is able to offer a modest stipend to cover food and transportation costs, at $200/week for full-time interns and $100/week for part-time interns.

How to apply:

Qualified applicants please send a cover letter and resume with subject line "BoP Intern",directed to Lindsey Shaughnessy at lshaughnessy@gbcimpact.org. No phone calls please! We will only be able to respond to those candidates we feel are most qualified.

Development Officer

Mon, 02 Nov 2009 08:18:30 +0000

Organization: E+Co

Location: Amsterdam, NL

E+Co’s office in Amsterdam is seeking a highly motivated Development Officer to build on E+Co’s success and drive a fundraising strategy that will allow E+Co to reach its full potential.

E+Co is an investment company for clean energy enterprises and projects, with investments in over 20 developing countries. Our investee companies provide access to energy to end users who are without clean, affordable and reliable access to energy. Stichting E+Co in the Netherlands is part of E+Co Inc., a non-profit company registered in the USA.

E+Co’s mission is to promote sustainable development and increase the quality of innovative and environmentally sound energy by providing services and financing to modern energy entrepreneurs in Africa, Asia and Latin America. E+Co supports enterprises that are on the frontline of socioeconomic development, job creation and environmental sustainability.

With eight global offices, E+Co is the leading practitioner of the enterprise-based approach for access-to-energy in emerging markets. Our business model combines tools, training, services and capital to create local energy businesses. E+Co is a recognized leader in energy enterprise development – connecting organizations, programs, and human and financial resources worldwide to the private projects and enterprises required for a sustainable energy future in developing countries. E+Co emphasizes the need of impacts reporting by monitoring the social, environmental and financial impact of our investments.

E+Co’s operational income is a combination of portfolio income and fees with grants, donations and contracts. For its investments E+Co attracts funds from banks, foundations, institutions and individuals.

Between 2009 and 2013, E+Co expects to invest over $100 million, via approximately 250 investments, bringing modern energy to 17 million people. Until now E+Co has made more than 250 investments in clean energy enterprises. E+Co’s investments are currently providing access to modern energy to 4.8 million people, avoiding over three million metric tons of greenhouse gases per year. In 2008, E+Co approved 79 new investments totaling $17.8 million.

Development Officer Fundraising

to secure operating and investment capital for E+Co.

Tasks and Deliverables include:

Identify and pursue funding opportunities for investment capital and operating capital from private and public financiers. Potential financiers include development banks; private banks; international, multilateral and government programs; foundations; family offices and the carbon market. Activities may include the following:
1. Identify potential financiers and nurture the relationships;
2. Prepare materials and present information, seeking input from other E+Co staff as needed;
3. Prepare and review funding proposals, in close cooperation with other E+Co staff.

Programs from public institutions, including tenders and requests for proposals will be specifically explored.

Assist the Director Europe in relationship management with various existing European funders. This includes facilitating information exchange for reporting purposes and preparing reports to funders/investors.
General representation and promotion of E+Co in Europe. This includes attending and presenting at specific meetings and seminars.

Requirements:

Experience of minimum 5 years in:

Track record in successfully preparing proposals for financing incl. grants and programs;
Conceptually strong in financial innovation and ‘thinking outside the box’; Experience in program development and relationship management;
Experience in the financial sector (banks and donors);
Network of potential financiers preferably in Europe and Southeast Asia.

Also:

Strong involvement with small and medium enterprises and entrepreneurship, preferably in developing countries;
Thorough understanding of the concepts of “triple bottom line”, “corporate social responsibility” and “sustainable development”;
Demonstrated understanding of tenets of social investing;
Affinity with the energy-theme and with ‘modern energy’;

Profile:

MSc in finance or economics or an MBA or similar.
Self propelling, result-oriented;
Motivated to work in mission driven international organization;
Capable of maintaining long-distance working relationships and of working in a small team;
Excellent working skills in English;
Positive attitude, collaborative philosophy, flexibility and a sense of humor.
Demonstrated experience in public speaking and formal presentation making;
MS Office fluency

LOCATION: Amsterdam, the Netherlands; international travel in Europe and occasionally to Africa, Asia, Latin America and USA

COMPENSATION: E+Co offers a competitive salary and benefit package.
CONTACT: If you feel that your experience base and interests qualify, please submit a cover letter, resume to developmentsearch@eandco.net by November 15th, 2009. Your submission will be acknowledged. If E+Co wishes to learn more, you will be contacted by email no later than December 5^th , 2009. Please do not follow-up with E+Co staff or board members.

E+Co is an Equal Opportunity Employer

Senior Associate - Impact Assessment

Mon, 02 Nov 2009 07:30:35 +0000

Organization: Root Capital

Location: Boston, MA, US

SUMMARY

Root Capital seeks an analytical researcher with strong written and oral communication skills to join our growing social and environmental impact assessment team. Root Capital’s effort to measure impact in these key dimensions is focused on three strategies: Social Value Metrics collected at the borrower enterprise level; Key Performance Indicators to communicate Root Capital’s organizational effectiveness; and household-level Impact Assessments. The Senior Associate will collaborate with the Director of Impact Assessment to launch and coordinate Root Capital’s household-level, multi-year impact assessment studies in Africa. S/he will assist in selecting an appropriate assessment methodology, designing household surveys, overseeing the data collection process with local survey firms, analyzing data, and synthesizing the results in reports and white papers. The Senior Associate will also help to coordinate Root Capital’s efforts to track and report key social and environmental metrics on its portfolio of borrower enterprises, and conduct data analysis to understand the impact and efficiency of our work.

Candidates should possess: experience with social science research; project management skills; strong interpersonal, oral and written communication skills; experience with or knowledge of development finance; and a passion for Root Capital’s mission of conserving vulnerable natural resources and promoting equitable social development in rural areas of the developing world.

RESPONSIBILITIES

1. Advise and assist with the selection of an appropriate quantitative and/or qualitative impact assessment methodology to measure our social and economic impact in Africa. Research and evaluate options and make appropriate recommendations.
2. Collaborate with external advisors to design methodology that strikes the balance between robust and practical impact assessment surveys.
3. Contribute to the design of household surveys. Support efforts to determine survey parameters, select and train in-country survey firms, and coordinate data collection.
4. Ensure the effective implementation of baseline surveys by coordinating with survey firms and methodology advisor.
5. Synthesize the results of the surveys to strengthen assessment and selection processes throughout Root Capital’s program work. Coordinate with all Root Capital departments to integrate these results to help achieve organizational goals, including the maximization of our social, economic, and environmental impact.
6. Disseminate the survey results externally by writing and/or coordinating the preparation of white papers or journal articles that summarize the methodology, results, and lessons learned.
7. Contribute to the overall initiatives of the Impact Assessment department, including the collection of key social and financial metrics, analysis of available data. Recommend changes to current evaluation practices.
8. Respond to inquiries about the department’s work.
9. Support the implementation and administration of the department’s social value metrics database in Salesforce.com.

QUALIFICATIONS AND EXPERIENCE

1. Master’s Degree in economics, econometrics, social science, or related field.
2. 2-4 years of experience employing quantitative and qualitative research methods in the social sciences such as randomized control trials.
3. Coursework or work experience in econometrics. Advanced knowledge of SPSS, STATA, or other data analysis software.
4. Experience in conducting primary field research, such as surveys and focus groups.
5. Excellent project management and organizational skills and ability to work independently. Able to coordinate activities of an international team of staff and external consultants.
6. Strong oral and written communication skills, including experience synthesizing research results.
7. Strong interpersonal skills and flexible approach to problem-solving; able to communicate with a wide variety of audiences, including funders, academics, and representatives of grassroots enterprises in developing countries. Experience in developing countries a plus.
8. Experience with or knowledge of development finance.
9. Proficiency in Spanish and/or French preferred.
10. Able to travel internationally up to 10% of the time.
11. Collaborative team player with a good sense of humor.
12. Passion for Root Capital’s mission of environmentally and socially responsible investing.

SALARY: Commensurate with experience.

APPLICATIONS AND NOMINATIONS

More information about Root Capital is available at www.rootcapital.org.

Applications are due by November 20, 2009. Candidates are encouraged to apply as soon as possible. Applications should include a resume and cover letter describing your interest, qualifications, language abilities, salary requirements, and how you learned of the position. Please include a paragraph describing your research skills and experience. There are no restrictions on cover letter length.

Please send applications to jobs@rootcapital.org. The subject line of your email should follow the format: “IA SA” followed by your name (Last, First), e.g. “IA SA – Santos, Elizabeth”.

Finalist candidates will be required to provide at least three work-related references.

Impact Assessment Manager

Mon, 02 Nov 2009 07:25:22 +0000

Organization: Aspen Network of Development Entrepreneurs

Location: Washington, DC, US

The Aspen Network of Development Entrepreneurs (ANDE)

ANDE is a member-driven organization housed within the Aspen Institute. Our members are leading non-profits, foundations, investors and researchers who are creating a movement to unleash the poverty-reducing potential of small and growing businesses (SGBs) in emerging markets.

Participants in ANDE share a common goal: to dramatically increase the number and impact of small and growing businesses in the developing world. With the right support, we believe SGBs will generate much needed employment and address critical social and environmental challenges in the developing world.

ANDE will identify common strategic challenges and opportunities facing SGBs, and based on these findings, provide services for our members as well as public goods that can benefit everyone in the sector. We seek to become a globally respected network through which members can address system-wide challenges that can only be addressed through collective action.

One of our key areas of focus is the development of transparent and consistent metrics in the impact investing space. Over the past year ANDE has been working with the Impact Reporting and Investment Standards (IRIS) Initiative, a collaborative effort to provide a system that will capture and manage impact investing data effectively, benchmark performance, and assess overall social and environmental impact. As the IRIS taxonomy and information system is rolled out, ANDE is poised to play a significant role in promoting the adoption and utilization of IRIS.

Essential Duties and Responsibilities:

ANDE is seeking an Impact Assessment Manager to support the further growth and development of the ANDE metrics and evaluation effort. He or she will facilitate the ANDE adoption and incorporation of IRIS with its members. Specifically with regard to IRIS, this person will:

Assist ANDE member organizations in the implementation of IRIS and Pulse for their individual systems by resolving any technological issues and assisting in the identification of requirements that will facilitate the flow of data into the repository
Support ANDE members by mapping their existing indicators to the IRIS taxonomy indicators
Hold trainings for impact managers at member organizations to encourage compliance and understanding
Work with ANDE members on the XBRL (eXtensible Business Reporting Language) data tagging process
Develop a process to conduct a high-level quality check of data being submitted to the aggregator to ensure that the data repository is populated with accurate data for benchmarking
Analyze IRIS data as it relates to entrepreneurship in emerging markets; Support the IRIS team’s efforts around developing reports and outputs from the IRIS database

Additionally, the Impact Assessment Manager will manage all of ANDE’s metrics and evaluation efforts. They will:

Educate ANDE and non-ANDE members about the importance, skills, and tools of metrics and evaluation
Manage and orchestrate a monthly metrics working group call
Manage and update the Metrics from the Ground Up website
Co-Manage the annual ANDE Metrics & Evaluation Conference
Oversee ANDE’s own metrics and evaluation
Oversee the development of ANDE’s annual impact report
Keep abreast of new technologies and advancements in impact reporting

The program manager will report to the ANDE Executive Director.

Knowledge, Education and Experience:

Applicants should have at least a Bachelors Degree and two years of experience in IT consulting or a related area.
Degrees in business, public policy, economics, systems engineering, and/or political science are preferred.
Applicants should have a demonstrated interest and experience in supporting small and growing businesses, ideally in the developing world context.
Applicants should have experience deploying and training users to adopt web solutions, and a basic understanding of XBRL is strongly preferred.
Applicants should be willing and eager to work with colleagues from across the globe and capable of managing multiple projects simultaneously.
Successful applicants will be excellent writers and analysts who thrive in a fast-paced, entrepreneurial environment and have strong interpersonal skills and the ability to teach.

Please refer to the website for more information: www.aspeninstitute.org/ande.

Changemakers Knowledge Director

Mon, 02 Nov 2009 07:22:32 +0000

Organization: Ashoka

Location: Washington, DC, US

Do you love big ideas, solving puzzles & social change? If so, Changemakers is hiring a Knowledge Director to lead our existing efforts in framing the topic statements and mapping social innovation for our competitions. The director will also lead the Changemakers team to design a series of new and innovative knowledge based products and services for social investors and innovators. The role will require working with the entire team to leverage our existing data and efforts while also building a core knowledge team of full time staff and contractors from around the world. We are looking for a candidate who isn't afraid to aggregate a large amount of information into a few powerful insights that will help advance the way the world is solving social problems.

Skills:

Research, analysis and direct management experience
Background in human centered design, anthropology or journalism a plus
A passion for and experience in solving social problems
Ability to conceptualize and identify patterns from raw data
History with user generate data collection and online knowledge distribution
Track record launching new ideas and programs

If this sounds like you then send us your resume with a short letter of introduction to: connect@changemakers.com.

Changemakers is a dynamic, fast-paced organization with offices in Washington DC, USA; Buenos Aires, Argentina; São Paulo, Brazil; and Calcutta, India. Our staff likes to shake things up and we're committed to advancing social change by finding, in every area of the world, the most creative solutions.

We are looking for individuals who see opportunities when faced with barriers, build meaningful partnerships to collaborate on ideas; and harness technology to build a strong, lasting community for change.

Changemakers Operations Associate

Mon, 02 Nov 2009 07:22:29 +0000

Organization: Ashoka

Location: Washington, DC, US

The Operations Manager is responsible for providing financial, administrative and clerical services in order to ensure effective, efficient and accurate financial and administrative operations. We are seeking an individual committed to social change who is very detail oriented and able to be well organized in a fast moving organization. The Operations Manager will report to the Director of Operations and will:

Perform the day to day processing of financial transactions to ensure that finances are maintained in an effective, up to date and accurate manner
Receive and verify invoices and requisitions for goods and services
Verify that transactions comply with financial policies and procedures
Prepare, verify, and process invoices and coding payment documents
Prepare batches of invoices for data entry
Data enter invoices for payment
Maintain the general ledger
This position is based in our Arlington, VA office

Seem like a fit with your skills? Send us your resume with a letter of introduction to: connect@changemakers.com

Changemakers Competitions Coordinator

Mon, 02 Nov 2009 07:22:26 +0000

Organization: Ashoka

Location: Washington, DC, US

Are you passionate about the power of social innovation to change the world? Do you have a talent for engaging with online communities? If so, Changemakers.com is looking for a new team member to manage Changemakers’ community, identifying new strategies to grow our community membership and increase community engagement and collaboration through our website.

The role includes the following responsibilities:

Identify and implement strategies to mobilize our community members to actively participate in and promote the opportunities on the Changemakers website
Identify and implement strategies to drive new markets to competitions
Interact with the Changemakers community to increase understanding of community members
Work with Changemakers Community Team to implement new outreach strategies
Facilitate online community to spur discussion, collaboration and new ideas
Manage and develop key metrics of success

Skills:

2-5 years professional marketing and outreach experience
MS Office Expert, HTML basic
Experience with online community metrics, SEO, AdWords, etc.
Active social media user (and go ahead and show us your profiles and activity)
Team player able to integrate with diverse colleagues full of opinions and ideas
Demonstrated commitment to social change and keen interest in social innovation
Diligent work ethic and attention to detail; insatiable desire to expand skills and innovate to help grow a rapidly expanding team
Highly entrepreneurial personality; flexible and proactive
French speaker preferred.

If you are the colleague we seek send us your resume with a letter of introduction to: connect@changemakers.com

Changemakers Project Manager

Mon, 02 Nov 2009 07:18:34 +0000

Organization: Ashoka

Location: Washington, DC, US

The role of the Project Manager is to plan and run online competitions that have social impact. Working collaboratively with technology, community engagement and regional teams around the globe, the Project Manager ensures that the competition runs smoothly, satisfies the sponsor needs, meets all deadlines and is completed within budget.

The role includes the following responsibilities :

Manage the planning, launch and execution of Changemakers collaborative competitions
Facilitate communication across teams, ensure completion of deliverables and collaborate with staff and partners at various levels
Build relationships with competition sponsors (current sponsors include Nike, National Geographic, Robert Wood Johnson Foundation, ExxonMobil, Bill and Melinda Gates Foundation)
Interact with competition entrants, judges, participants and other members of the Changemakers community
Quickly learn and demonstrate content knowledge about multiple topics and evaluate social innovations
Innovate on existing processes and help design, prototype and pilot new products

Additional responsibilities include:

Support the Project Management team and overall Changemakers operations—including recruiting, sales and development and website support.

Qualifications:

Is committed to social change
Has a proven entrepreneurial track record
Has technology, project management, social entrepreneurship or start-up experience
5 years work experience
Team player able to integrate with diverse colleagues full of opinions and ideas
Can lead a group to get stuff done (less talk, more action)
Has a sense of humor.
Diligent work ethic and attention to detail; insatiable desire to expand skills and innovate to help grow a rapidly expanding team
Can balance between creativity and implementation of critical tasks – in a dynamic start-up environment
Moves fast under deadlines, always has a to-do list and gets a kick out of solving problems
Cares about being a part of a (digital) community

Please email a resume, cover letter and two references in Word or PDF format to: connect@changemakers.com; subject line “Project Manager.” We intend to hire quickly – please send in your materials as soon as possible.

Social Entrepreneurship/Business Incubation Internship

Thu, 29 Oct 2009 15:48:59 +0000

Organization: AIDG

Location: GT

The Appropriate Infrastructure Development Group (AIDG) works to provide rural villages in developing countries with affordable and environmentally sound technologies that meet their needs for electricity, sanitation and clean water. Through a combination of business incubation, education, training and
outreach, AIDG helps individuals and communities gain access to technology that will improve their lives.

Our model provides a novel approach to sustainable development by empowering people with the physical tools and practical knowledge to solve infrastructure problems in their own communities.

The AIDG Guatemala Intern Program seeks to provide assistance to AIDG's incubated businesses in the form of specialized training and product research and development, bringing in talented young professionals and experts from around the world with a passion to contribute to the developing world and
help make a difference.

Currently, AIDG-Guatemala seeks passionate and dedicated individuals to apply for a position within the business incubation program. The role and responsibilities of this internship are described below. NOTE: THIS IS AN UNPAID INTERNSHIP. INTERNS RECEIVE MONTHLY FOOD AND BOARD
REIMBURSEMENT. For more information on the offerings of the AIDG Guatemala Intern Program (such as work expectations, life in Guatemala, housing, etc.) please refer to AIDG's website (www.aidg.com).

Business Intern Position:
The successful candidate responsibilities will include:
- Investigate the economic and business climate in Guatemala
- Evaluate the market in Guatemala and assess opportunities for the development and sales of appropriate technologies
- Develop valuable materials for the small and medium enterprises AIDG incubates; such as training materials, managing tools, or marketing strategies
- Meet with incubated businesses to execute small enterprise training materials and facilitate business start-up plans that promote business' self-sufficiency
- Assist with the preparation or execution of AIDG's business plan competitions
- Utilize project leadership role not only to guide other workgroup members in achieving project goals and deadlines, but also by instituting a comprehensive and sustainable approach to business incubation that takes into consideration: cultural norms, participatory-planning, marketing strategies, local economic development, and promotion of appropriate technologies

This is a full-time position with a minimum commitment of 6 months, with preference given to candidates available for a longer time period. The position will generally require the applicant to work from 8:30am- 5:00pm Monday-Friday (flexibly).

Preferred Qualifications
Applicants interested in this internship should possess the following skills:
- An MBA degree or equivalent background in business administration or international business management
- Strong understanding of models and strategies for social enterprise / micro-enterprise development
- Prior experience in business start-up plans and development of training materials
- Prior experience in project management and coordination
- A basic understanding of sustainable, appropriate technologies
- Advanced/Fluent level of Spanish, both speaking and writing ability
- Prior international experience, particularly in developing countries
- Research and organizational skills
- All candidates should possess strong communication skills, be self-motivated, and willing to work hands-on.

AIDG seeks versatile, mature, friendly, independent, and dedicated individuals, who also possess a good sense of humor.

Application Instructions
Qualified applicants should send their cover letter and resume or CV to internships@aidg.org. Please include your earliest date of arrival and duration availability.

Computer Sciences Intern

Thu, 29 Oct 2009 15:42:47 +0000

Organization: Akvo Foundation

Location: The Hague, NL

Akvo is a small non-profit foundation with a big mission. We are applying the power of the internet and open source to one of the biggest problem in the world: the lack of safe drinking water and adequate sanitation for nearly half the world's population. We believe the work we are doing is going to have a tremendous impact: ultimately we are going to help millions of people have a better life.

We are a small team, not even a dozen, so anyone joining us will make a difference. We take the job of finding excellent people to work with very seriously. We are more like an internet service startup than your ordinary non-profit. While our investors are looking for a different return on investment than that of a typical software company, they do still expect us to break even in a reasonable time frame.

We are looking for someone with a computer sciences background to work with the Akvo team. You will work on our technical infrastructure, including tasks such as: building our AccessGrid video conferencing system; installing and configuring data visualisation tools based on glTail; configuring our web traffic analysis tools; and participating in testing the Akvo RSR system, which is an online service that we are building.

Requirements include: system administration knowledge of Linux systems, ability to get open source applications up and running (including recompiling and configuring them as necessary). You need good English, both written and spoken. Working experience with Mac OS X is a plus, as we have a Linux server / Mac desktop setup.

This is an intern position in the Hague, The Netherlands. You will be working in our offices at the International Water House.

Stichting Akvo
Bezuidenhoutseweg 2
2594 AV
Den Haag
Netherlands

To apply for this position, send your resume to thomas@akvo.org.

Search and Selection Associate

Thu, 29 Oct 2009 15:20:10 +0000

Organization: Endeavor Colombia

Location: Bogota, CO

Search and Selection Associate Role: To seek out, screen, identify, and participate in the selection process of Colombian Endeavor Entrepreneurs, based on Endeavor´s global selection criteria. The Endeavor Colombia Search and Selection Associate will be based in Bogotá.

Requirements:

BA in any field (preferably in Business or Finance), with 1-3 years of relevant work experience
Strong business and financial knowledge and judgment: ability to identify and evaluate first-class entrepreneurial leaders and role models, companies and projects
Strong criteria for deciding when and how to contact Endeavor Mentors to evaluate entrepreneurs during the search and selection process
Strong interpersonal and team working skills
Excellent English as well as Spanish language written and oral communication skills
Knowledge of Colombia's economic and business climate
Strong computer software proficiency (Word, Excel, Power Point)
Entrepreneurial personality and capacity to achieve significant results with scarce resources
Highly motivated, focused on the client, creative, flexible, organized, able to balance multiple priorities with effective planning
Capable of learning new things constantly and being able to generate impact and influence in the organization

For more information please contact Catalina Spinel at catalina@endeavor.org.co.

Endeavor (www.endeavor.org) is a non-profit organization pioneering a new approach to global development by stimulating and supporting entrepreneurship in emerging markets. We aim to become the leading supporter of High-Impact Entrepreneurship in emerging markets, including Colombia. Working through an extensive network of local contacts, Endeavor screens hundreds of next-generation entrepreneurs, ultimately selecting those who demonstrate the leadership, creativity, ethical grounding and entrepreneurial qualities to build high-growth, successful companies. Once selected, Endeavor Entrepreneurs benefit from a program custom-tailored to help them develop their businesses, plan for growth, and attract financing. Endeavor also stimulates a local entrepreneurial ecosystem through university partnerships, relationship with media and local authorities involved in entrepreneurship. Headquartered in New York City, Endeavor currently has offices in Argentina, Brazil, Chile, Colombia, Egypt, India, Jordan, Mexico, South Africa, Turkey and Uruguay.

Franchise Partner Manager – Latin America

Mon, 26 Oct 2009 19:50:16 +0000

Organization: VisionSpring

Location: New York, NY, US

VisionSpring (Formerly Scojo Foundation) is a global social enterprise that creates jobs and sustains livelihoods through the sale of affordable eyeglasses to the more than 400 million people who need them to work and live productive lives. A leader in Social Enterprise and Base of the Pyramid markets (BoP), VisionSpring has been recognized by President Clinton as helping "hundreds of thousands of people and in the process, creating a whole new sector of the economy." Praised as "innovative" by The Economist and "life-changing" by NBC Nightly News, VisionSpring is the recipient of awards from the Aspen Institute, the World Bank, and Fast Company Magazine for its role in poverty alleviation and social capitalism.

VisionSpring trains low-income men and women to work as "Vision Entrepreneurs" selling affordable eyeglasses in their communities. Each Vision Entrepreneur receives his or her own "Business in a Bag," a microfranchise kit containing all the products and tools they need to run profitable businesses. Our innovative business model allows entrepreneurs to earn income selling a health product that, in turn, helps others to improve their lives.

VisionSpring seeks well-qualified candidates with Spanish-language fluency to manage Franchise Partner relationships in Latin America. This role provides technical assistance to partners, including Vision Entrepreneur training, sales and marketing strategies, inventory management, and data collection and analysis. The Franchise Partner Manager will also assist VisionSpring's VP of Sales and Operations in the execution of VisionSpring's global expansion projects, including new partner development, supply chain management, and innovations.

See the full job description for more details and information about how to apply. Please note that applications are due by Friday, November 6th.

Marketing Director - Development Fund

Wed, 21 Oct 2009 12:57:24 +0000

Organization: GSM Association

Location: London, GB

The GSMA seeks a talented and energetic Marketing Director to lead, drive and deliver the marketing strategy and communications requirements for the Development Fund.

The Development Fund, established in 2005 is quickly becoming known as a serious and influential player at the highest level within the development community, with existing partnerships and funding support from the World Bank Group, the Bill and Melinda Gates Foundation, and the Rockefeller Foundation. As the Development Fund grows, it will be regularly invited to consult, assist and be funded by such organisations. In addition, the Development Fund will be known throughout the mobile and adjacent industries as a major innovator and value generator within emerging markets. Its successes will be regularly referred to in most major telecommunications and development related fora.

A key element of the role is supporting the team maintain productive and supportive relationships with key external funders, namely the Gates Foundation, the Rockefeller Foundation, and the World Bank.

Full job description

Executive Director

Wed, 21 Oct 2009 12:57:19 +0000

Organization: GSM Association

Location: London, GB

The Development Fund is seeking a talented leader with the vision, passion and abilities to drive a truly influential agenda and organisation to its next stage. The individual will provide strategic, people, financial and services innovation within a developing market setting and will be passionate about the role of mobile in socio-economic development. S/he will be plugged into, and have influence with, the major actors operating in this sector.

Volans Year Secondment to Social Enterprises (Singapore)

Tue, 20 Oct 2009 17:00:16 +0000

Organization: Volans Ventures

Location: SG

Volans Year is a secondment and executive education program that trains business professionals through one-year placements in high-caliber social impact organizations while enhancing their skills.

The program:

- Places professionals with a social impact organization in a full time position in Cambodia or Singapore

- Includes four weeks of executive education and leadership coaching

- Actively promotes peer community development within each cohort

- Typically includes a monthly stipend for Participants

- Supports Participants in their career development at the end of the year

These are the jobs available in Singapore:

Associate (Impact Investment Exchange)
Business Development Executive (City College)
Marketing Executive (City College)

Volans is part think-tank, part consultancy, part broker and part incubator. We are a for-profit company based in London and Singapore and we work globally with entrepreneurs, businesses, investors and governments to develop and scale innovative solutions to financial, social and environmental challenges.

For more information on the jobs, and to enroll in the program, please visit: http://www.volansyear.com

Volans Year Secondment to Social Enterprises (Cambodia)

Tue, 20 Oct 2009 17:00:11 +0000

Organization: Volans Ventures

Location: Phnom Penh, KH

Job Description: Volans Year is a secondment and executive education program that trains business professionals through one-year placements in high-caliber social impact organizations while enhancing their skills.
The program:

- Places professionals with a social impact organization in a full time position in Cambodia or Singapore

- Includes four weeks of executive education and leadership coaching

- Actively promotes peer community development within each cohort

- Typically includes a monthly stipend for Participants

- Supports Participants in their career development at the end of the year

These are the jobs available in Phnom Penh:

Social Enterprise Development Manager (Hagar)

Marketing Officer (Friends)

Product Developer/Industrial Designer (Hagar Hydrologic)

SE Asia Sales Manager (Digital Divide Data)

Digital Marketing Coordinator / Webmaster (Hagar Hydrologic)

Export Manager (Kamworks)

Marketing Coordinator (Hagar Hydrologic)

Public Relations Officer (Hagar Hydrologic)

Volans is part think-tank, part consultancy, part broker and part incubator. We are a for-profit company based in London and Singapore and we work globally with entrepreneurs, businesses, investors and governments to develop and scale innovative solutions to financial, social and environmental challenges.

For more information on the jobs, and to enroll in the program, please visit: http://www.volansyear.com

Business Development Intern

Tue, 20 Oct 2009 16:35:33 +0000

Organization: VisionSpring

Location: New York City, US

VisionSpring is a cutting-edge social enterprise that creates jobs and sustains livelihoods through the sale of affordable eyeglasses to the 400 million people who need them to work and live productive lives. Through its ground-breaking "Business in a Bag" micro-franchise, VisionSpring empowers women throughout the developing world to start their own businesses selling low-cost glasses to those in need while earning income to support their families. A leader in Social Enterprise and Base-of-the-Pyramid markets, VisionSpring has been recognized by President Clinton for helping "hundreds of thousands of people and in the process creating a whole new sector of the economy." Praised as "innovative" by The Economist and "life-changing" by NBC Nightly News, VisionSpring is the recipient of awards from the Skoll Foundation, the Aspen Institute, the Draper Richards Foundation, and the World Bank, among many others.

Position Overview:

VisionSpring seeks a part-time intern (10-12 hours a week) to assist the Business Development team in its fundraising and marketing communications efforts.

In this position, you will...

Research philanthropic opportunities to help build VisionSpring's pipeline of fundraising targets;
Write content for the VisionSpring blog, website, and annual brochure;
Provide ongoing data entry and database management support to the Business Development team;
Compile best practices in fundraising and marketing communications strategies under staff direction;
Create training materials;
Be flexible and take on other duties as assigned.

You are...

Very comfortable working independently. You are excited to join small, fast-paced team of people without much extra time on their hands.
Obsessively attentive to detail. You format your word documents with military precision.
Passionate about writing. Seriously, if you don't feel it, this position is not for you.
Eager to learn more about social enterprise, international development, and/or market-based solutions to poverty. You've studied it, you've read about it, and now you are ready to get your hands dirty in a cutting edge organization.
Enthusiastic about fundraising. You know that fundraising is the engine that powers organizations forward and you are ready to mobilize yourself and others for a powerful cause.

Note: This is an unpaid internship.

Reports to: Vice President of Business Development

Contact: If you are interested in this opportunity, please send a resume and cover letter showcasing your writing skills and relevant experience to Liz Kaplan at ekaplan@visionspring.org