Funding women entrepreneurs in MP. Rang De

Transcription

1 Funding women entrepreneurs in MP New Delhi, India April 23-25, 2014 Rang De Team Members: Tanvi Negi contact:

2 Monitoring and (Impact) Evaluation Methods Needs Assessment Process Evaluation Impact Evaluation Analysis of Beneficiary Needs 1. Why are we doing the project? 2. Who is the target population? 3. Why do we think this approach will work in this context? 4. What else could we do? Analysis of Program Implementation 1. Services being delivered? 2. Clients satisfied? 3. Services reaching target population? 4. Can we improve costeffectiveness? Measures How Much the Program Impacts Beneficiaries 1. Health of mothers and children improved? 2. Learning outcomes improved? 3. More people in jobs? 4. Less poverty?

3 Monitoring and (Impact) Evaluation Methods Needs Assessment Process Evaluation Impact Evaluation Analysis of Beneficiary Needs 1. Why are we doing the project? 2. Who is the target population? 3. Why do we think this approach will work in this context? 4. What else could we do? Analysis of Program Implementation 1. Services being delivered? 2. Clients satisfied? 3. Services reaching target population? 4. Can we improve costeffectiveness? Measures How Much the Program Impacts Beneficiaries 1. Health of mothers and children improved? 2. Learning outcomes improved? 3. More people in jobs? 4. Less poverty?

4 Simplified Results Chain PROGRAM INTERMEDIATE OUTCOMES IMPACT Theory of Change

5 1. Program intervention summary A. Brief description of program activities and outputs: India s first online platform for crowd funding designed to provide low income entrepreneurs and students with microloans at low interest rates Rang De works through field partners (typically small NGOs and MFIs) who identify borrowers. Rang De also supports partners by improving their systems and processes Rang De uses a combination of traditional and social media to attract individual social investors and corporations A. Who is targeted? Be detailed on the number and target beneficiaries Low income households in India with verifiable loan repayment ability (at least 2 nonrelated individuals) A. Where is it conducted? 8 states A. When is it conducted? Since 2008 A. Name(s) of implementing organization(s)? Rang De (14 partner organizations)

6 2. Intermediate outcomes and impacts A. Summary of intermediate outcomes: (Examples: increased teacher efforts, health worker attendance, knowledge of service providers, more business start-ups, change in farm practices etc.) Improvement in internal processes as well as those of field partners # of borrowers adopting better financial practices # of first time borrowers funded B. Summary of key impacts: (Examples: improved pupil learning, youth skills, child and maternal health, employment prospects, reduced poverty, etc.) Improvement in household income & productive assets for first time borrowers (BL, EL, qualitative interviews, focus group discussion, PPI) Children completing education

7 3. Summary: results chain PROGRAM INTERMEDIATE OUTCOME IMPACT What is the program about? Online crowd funding for low income borrowers Inputs: Technology platform Human resource (technology, marketing, financial, impact, training) Activities: Outreach programme Audit and verification of current and potential field partners Training of field partner Outputs: Social investors added NGOs tied up with Intermediate outcome indicators? # of first time borrowers funded Capital raised Borrowers trained in financial planning Impact indicators? Improvement in household income Improved financial acumen Improved education levels Women entrepreneurs

8 4. Data collection: program indicators A. List program indicators to be collected: # of profiles uploaded/ borrowers funded within the stipulated time frame # of social investors/ investment amount per investor # of women given financial literacy training # of field staff members trained in process improvement B. Method of data collection (e.g. electronic healthworker interviews, admin data, etc.): Internal systems (Rang De s financial and tech systems) Monthly progress report from field partners Monthly conference calls with field partners Quarterly Field Audits C. Frequency of data collection: Daily (investor stats, borrower stats) Weekly (dispersal and collection reports) Monthly (dispersal and collection reports) D. Who will collect the data: Rang De s finance, tech team Field partners

9 4. Data collection: intermediate and impact indicators A. List indicators to be collected: Estimated household income (reported as well as based on household assets) Improved household savings + financial/ growth planning for the future Key Performance Indicators of field partners and Rang De(disbursement, collection processes) B. Method of data collection (e.g. electronic health worker interviews, admin data, etc.): Surveys, qualitative interviews with beneficiaries, observational data Qualitative interviews + tests Progress reports formats Field audits C. Frequency of data collection Weekly, monthly, quarterly D. Who will collect the data: Field partner, Rang De impact team

10 5. Impact evaluation design A. Research question: What is the incremental financial benefit that borrowers derive from mentorship? B. Describe the intervention in the (add treatment arms, if applicable): Treatment: Received Rang De loan + mentorship Control: Received Rang De loan only C. Describe the sample size (e.g. 30 schools, 15 pupils each) Treatment: 50 members from 10 SHGs involved in income generating activities + mentorship Control: 50 members from 10 SHGs involved in similar income generating activities D. Describe the program assignment rule: (e.g. random selection of schools) Random selection of SHGs involved in similar income generating activities for treatment and control group served by the same NGO/ MFI

11 6. Communication of results Key Message 1 (e.g. communicate program impacts on child health): A. What is the nature of the key message? Micro loans can change lives A. Who is the target audience? Social investors & corporations, first time borrowers A. What communication tools will you use (e.g. brief, video, blog etc.) Social Media, blogs, videos, ers, newsletter, pitches, meetings Key Message 2: A. Ability to help others is not a function of your wallet size