Haiti brief 1

When the AID is over … only the Poverty will be Left

Sustainable Economic Initiative for Haiti

There Can be no Social Justice Without Economic Justice - Pope Leo XIII

Pervasive Chronic Poverty

Citie Solais - Port-au-Prince, Haiti

Before …

• 80+% Live Below Poverty line

• Rebuilding Haiti Will NOT End Poverty

To Change the Outcome

We Must Change the System

Problems• Chronic, Pervasive, Structural Poverty

• Barriers to Economic Development

• Absence of Opportunity

• Culture of Despair

How Do We Solve the Problem?

Redistribute The Opportunity - How?

• Create NEW Jobs• Small Growing Businesses• Community Economic Development• One Business at a Time.

Opportunity Means …

• Investment Capital

• A Sustainable Development Model

• Intensive Training & Development

• Strategic Deployment Plan

MicroEnterprise

InvestmentGrants

SocialROI

Donor Funding• Training• Mentoring• Metrics/Evaluation:

$ $

GSEI FUNDGlobal Sustainable Economic Initiative

Investor Funding• Capital Assets

• Market Development

InvestmentROI

Donors Investors$$

Development Model

MVIVMicro Venture Investment Vehicle

A Hybrid Fund Model

1. Investment Capital

• DONORS fundHuman Capital

• Receive Social Return

•Capital Investment• Capital Return

•Patient capital• Limited return

Global Sustainable Economic Initiative

Micro Venture Investment Vehicle(MVIV)

MicroUpBusiness Centers

(2 year program)

MFI

SustenanceBorrowers

Donor Funds

Candidates

• Model• Process• Program• Management

In-CounrtryProgram

Experience

Equity Repurchase

Ladder of Prosperity

Level TwoExit Strategy

Level ThreeTransition to Local Banking

Level FourSocially Responsible

Venture Capital

Local NGO

MicroUP Development Model

2. Sustainable Economic Development Model

InvestmentFunds

MicroEnterprise

MicroEnterprise

MicroEnterprise

MicroEnterprise

Management

Small GrowingBusinesses

This is REAL Progress Out of Poverty!

How do TheseCenters Work?

MFIBorrowers

PartnerTraining

PartnerManagement

Venture SupportTeam

FinanceGroup

CenterManagement

IT

MarketingGroup

Budgets

Reports

Information

Feedback

Direction

Feedback

Feedback

Venture Partners

BDS Service

s

VentureCandidates

CapitalInvestment

EquityTraining/Support

Incubator

Sustainable Development ModelHow Does the IncubatorWork?

3. Intensive Training & Development

PerformanceImprovement

4. Strategic Deployment Each Box

Is a NEW Center

Year 4• 356 New Growing Businesses

• 3.5K New Jobs

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Level 1Microfinance

Level 2• Patient Capital

• Training/Development

Level 3• Formal Economy• Exit Strategy

Level 4• One Percent

• Capital Markets

Progress out of Poverty