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Founded in 1999 Now in New York, Tokyo, Australia & Singapore Help a Woman Rise!

Transformative Innovation for Development: Social Capital Credits (SoCCs)

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Page 1: Transformative Innovation for Development: Social Capital Credits (SoCCs)

Founded in 1999

Now in New York, Tokyo, Australia & Singapore

Help a Woman Rise!

Page 2: Transformative Innovation for Development: Social Capital Credits (SoCCs)

Our story

Prof. Swaminathan’s vision of Empowerment

Pro-poor, Pro-women, Pro-environment

Page 3: Transformative Innovation for Development: Social Capital Credits (SoCCs)

MICRO CREDIT INITIATIVEover 200 micro credit banks

Our Work

Page 4: Transformative Innovation for Development: Social Capital Credits (SoCCs)

DIGITAL BRIDGE INITIATIVE

40 Village Knowledge Centers supported

3500 computers sent to India & the Philippines

Page 5: Transformative Innovation for Development: Social Capital Credits (SoCCs)

EDUCATION INITIATIVE WITH ANK

India, Bangladesh, Nepal, the Philippines

Page 6: Transformative Innovation for Development: Social Capital Credits (SoCCs)

CITY INITIATIVE WITH ARPANACommunity Empowerment workshops; Revolving loans for ultra-poor housing

Page 7: Transformative Innovation for Development: Social Capital Credits (SoCCs)

A transformative community currency for social good

People EARN SoCCs points by actions that benefit their

neighborhood.

They spend SoCCs thus earned for education, healthcare and other

ways to improve their lives

SoCCs make the invisible work of women visible and rewarded

Page 8: Transformative Innovation for Development: Social Capital Credits (SoCCs)

The SoCC Market(An eBay like digital trading platform)- A simple, free, open and transparent

framework for accounting, validation, and trading;

- Electronic wallets using ordinary mobile phones.

- Will combine best practices of many existing systems for use of people at the bottom of the pyramid, and others too

Page 9: Transformative Innovation for Development: Social Capital Credits (SoCCs)

Income

Social Capital

 Water

Food

Shelter

Health

Education

Waste Management

POVERTY

Income

Social Capital

Shelter

Health

Education

Tutoring

Skill training Water

Food

Managing Waste

IncomeIncome

act as a catalyst for development without reliance on money.

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The SoCC Market: Earning SC PLANT 10 TREES IN THE neighborhood

By October 15

Reward: SC 50CLAIM

COLLECT 10 LBS GARBAGE ON MAIN STREET

AlwaysReward: SC 20

CLAIM

Page 12: Transformative Innovation for Development: Social Capital Credits (SoCCs)

The SoCC Market: Redeeming SC

VEGETABLE VENDOR HEALTH CLINIC ELECTRICITY BILL

Accept 50% SC Check-up: SC 5 Accept 50% SC

Page 13: Transformative Innovation for Development: Social Capital Credits (SoCCs)

Pilots underway Kumasi, Ghana, with Earth Institute,

Columbia U Chennai with M.S. Swaminathan

Foundation Kotputli, India with Oxigen Dharavi, Mumbai with URBZ Curritabat, Costa Rica with Govt

Pilots in planning stages Vaigai River Restoration Project,

Madurai, with Dhan Foundation Cha project in Old Chinatown,

Kolkota, with INTACH Anganwadi project in Goa Kisumu, Kenya with Earth Institute,

Columbia U

SoCCs at Work

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• Partners: Millennium Cities Initiatives(Earth Institute, Columbia Univ.)

• Location:Bantama Market, Kumasi

• Size: 320 women/families

• Start-date: November 2013

• Duration: 8 months

• Cost: Borne by MCI

Kumasi, Ghana

Abenaa Boateng, the MCI Regional Coordinator, who is running The pilots, here explains the concept to the market women

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Partners: M.S.Swaminathan Research Found.

Goal: Desilting of wells, doubling crop yields

Size: 200 families

Start-date: 2014

Pudukottai, Tamil Nadu, India

Page 17: Transformative Innovation for Development: Social Capital Credits (SoCCs)

MSSRF Self Help Groups in Action

Page 18: Transformative Innovation for Development: Social Capital Credits (SoCCs)

CSR Partner: Oxigen

Location:Kotputli Town (Rajasthan, India)

Size: 50 people

Start: May 2014

Duration: 6 months

Cost: Oxigen covering program costs

Kotputli, Rajasthan

Page 19: Transformative Innovation for Development: Social Capital Credits (SoCCs)

Kotputli Pilot

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Partners: URBZ

Location:Dharavi, Mumbai, India

Goal: To improve hygiene

Size: 60 families

Start-date: Jan 2014

Dharavi, Mumbai

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Page 22: Transformative Innovation for Development: Social Capital Credits (SoCCs)

Dharavimarket.com

Page 23: Transformative Innovation for Development: Social Capital Credits (SoCCs)

URBZ: User Generated Cities

Page 24: Transformative Innovation for Development: Social Capital Credits (SoCCs)

• Partners: • Curritiabat City

Government

• Size: 5,000 families

• Start-date: July, 2014

• Duration: 1 year

Curritabat, Costa Rica

Page 25: Transformative Innovation for Development: Social Capital Credits (SoCCs)

Jeenal Sawla at Curridabat

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• Partners: • Earth

Celebrations• Dhan

Foundation

• Location: Tamil Nadu

• Size: 10,000 people

• Start-date• Oct 2, 2014

Vaigai River Restoration Project

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Meetings with Dhan Foundation

Page 28: Transformative Innovation for Development: Social Capital Credits (SoCCs)

Chinatown, Kolkota

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Visit to Cha Project w AI Tokyo members

Page 31: Transformative Innovation for Development: Social Capital Credits (SoCCs)

Slum Children’s Soccor Training and Educational Society

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What partners get from SoCCs?

• Local NGOs and Community GroupsGet SoCC accounting and trading

platform +Community-to-community learning

and trading• International Aid Agencies Multiple-fold return on Investment; user data

• Governments Reduced service delivery costs,

transparency

• Corporations SoCCs for CSR programs; potential

customers

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“It is just amazing to learn of your innovative work in Kumasi on SoCCs. This sounds absolutely wonderful, a real breakthrough.”

Message from Jeffrey SachsRecipient of 2013 Swaminathan Award

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Page 37: Transformative Innovation for Development: Social Capital Credits (SoCCs)