1. Measuring Success: Breadth, Depth, Length, and Positive Impact MICROFINANCE 101: WEEK TWO Robert Gailey, Point Loma Nazarene University WELCOME!

3. Opening Questions - Why do people need financing? - What do people finance? - What mechanisms exist for people to access financing?

4. Old Chinese Proverb: A Fishing Analogy Give a man a fish (Traditional relief) or Teach a man to fish? (more progressive development) but He still needs the TOOLS to fish and ACCESS to the water

6. Typology of Financial Services Group Lending Village Banking (e.g FINCA) ASCAs ROSCAs Loan fund provided from outside source Loan fund generated within group Grameen Model Non-time-bound ASCA Time-bound ASCA Latin America Model Solidarity Group Lending Individual Lending Financial Services Methodologies Grouping Source of funding Size of groups Accumulation Time Ownership Major Distinction

7. MF and MED Tool Matrix Economic Objective Non-Financial Tools Financial Tools Helping a Business/Enterprise start, expand, or be transformed (from micro to small-scale or small-scale to medium-scale). Helping an individual or family meet their needs/wants for Lump Sums of Money for use in emergencies, life-cycle needs, opportunities, and cultural obligations. Emergency, cultural, and life-cycle ROSCAs and ASCAs, MFIs, Insurance, Deposit Collectors, Money Lenders, Post Office Savings accounts, IDAs for education. Health education, literacy education, and other non-financial forms of information dissemination. Microfinance Institutions (MFIs), Business ROSCAs and ASCAs, Small Micro-Credit Programs, Business Insurance, Moneylenders, Venture Capital Investments, Loan Guarantees, Pre-Entrepreneurial Business Grants (such as Trickle Up Program). Business Development Services (BDS ) , Livelihood and Vocational Training, Networking/Mentoring.

16. Rutherford (2000 + Summer 2009) The Poor and Their Money

17. Collins, et al. (2009) Portfolios of the Poor

18. Milway (2008) One Hen