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- Looked over the NSF grant submission as a possible template for future grants, preliminary results of analysis look good
- Was explained how the Microfinancing organizations worked, and how we wanted to use them, this caused me to stop looking at Kiva so heavily as a source of funding.
- Looked into water bottling companies in the US such as Pepsi, Coke a Cola, and Poland Springs and possible sponsors/funders.
- Continue to compile master list of contacts with Brandon
- Compiling the Shortlist of Funders. I will email this to Monroe as the rest of AguaClara when it is complete.
Narayana
Last Week
- Researched Microfinance in Honduras
- Looked at the profiles (I started with BRAC and Grameen. Then found a 2005 report on Microfinance in Central America on Grameen's website which led to another list of Microfinance organizations in Honduras. I googled all the names to see if all the organizations listed are still in business) and the procedures of funding used by these organizations and then compiled them as an excel sheet list. BRAC as it turns out is not involved in Honduras, Grameen only provides technical support to Adelante Foundation (http://www.adelantefoundation.org/
) - All the Microfinance orgnanizations in Honduras seem to follow the grameen model for lending pursposes, in this model an organization assigns a number of officers to a community to familirize with the situations on ground and gather loan applications. Once the loan applications are reviewed they decide on potential borrowers (usually the limit is 5 people) and form a group of with all them as members. Then they give money to 2 members of the group (the loan could range from anything between $50 to $5000) and monitor repayments for a two year period. If the two borrowers do return the money on time they extend the loans to everybody else in the group, this dynamics creates a peer pressure among the borrowers to make payments on time
- Talked to Monroe about the findings to get clarification on how he perceives to use Microfinance for funding Aguaclara projects efforts
Trang
Last Week
- Compiled a list of all members since 2005
- Made a list of potential members- Look through Oxfam, Action Aid, Care, US Aid websites to see if they are giving out money
- Look for ways to create mass email lists. Talked with Monroe and Outreach team during meeting about this
- Worked on TeachAward but there was issue. Sent file back to Joe to have it edit.
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