Announcing the 5 Scale X Design NYC Challenge Finalists!

Congratulations to all our Scale X Design Accelerator teams on their inspiring pitches at last night’s Pitch Practice in Atlanta! And thanks to everyone who came out to Atlanta Tech Village to join us for our first-ever pitch event. We are thrilled to announce the 5 Scale X Design Challenge finalists who will compete in NYC on Thursday, January 26 at 7pm. Join us on Facebook Live next week!

CHAT!- Cambodia

Worldwide, young people are leaving their families and migrating to urban areas to seek work. While these workers are particularly vulnerable to abuse and exploitation, traditional NGO programs are ill-equipped to reach them. CHAT! harnesses the reality of young urban factory workers in Cambodia, integrating both entertainment and technology to provide cost-effective and high-impact heath education through a unique combination of hands-on training, relatable video dramas and mobile games.

Chomoka: Digitizing Village Savings and Loan Associations (VSLAs)- Tanzania

For the 2 billion adults without a bank account, Chomoka aims to take traditional village Savings and loans groups and bring them into the digital age with a user-friendly mobile application that provides a pathway to formal financial services by documenting users’ credit histories while streamlining and simplifying the transactions of informal savings groups.

Journeys of Transformation- Rwanda 

When women gain the means to contribute financially to their household, it can upset long-held power dynamics within the family, often leading to conflict and even violence. Journeys of Transformation is a training program that empowers couples to improve communication, positively transform the balance of power between husbands and wives, and reduce the incidents of intimate partner violence.

Krishi Utsho- Bangladesh

While small family farms and plots feed the majority of the world’s population, there are few businesses that cater to their needs and constraints. Krishi Utsho (KU) is a micro-franchise network of small kiosks that sell agriculture inputs, supplies and services to these farmers, particularly women, in rural Bangladesh.

Mobile Application to Secure Tenure (MAST)- Tanzania

For the millions of Tanzanians who don’t have documentation proving they own their land, MAST is a mobile application that shortens the time, reduces the cost and simplifies the process for individuals to claim their land rights.

 

Krishi Utsho Featured in IFC’s Investing in Women along Agribusiness Value Chains Report

The International Finance Corporation (IFC) recently released this report about Investing in Women along Agribusiness Value Chains that features a case study on Bangladesh’s Krishi Utsho. We especially love the infographic on KU’s microfranchise model on page 19.

 

[Credit: IFC www.ifc.org]

Scale X Design Challenge Practice Pitch Event Save the Date

Before the Scale X Design Challenge in New York City, we are hosting the first stage of the SxD competition- Pitch Practice- in Atlanta, where CARE is headquartered. Register now to attend!

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With financial resources and the agility to implement their programs on a global scale, these teams will lead the way with shared intelligence, a unified vision and a singular focus to empower millions of people and inspire lasting change. Send your questions to atlanta@care.org.

Thursday, January 19, 2017 at Atlanta Tech Village

  • 6:30 – 7:00 p.m.: Reception
  • 7:00 – 8:00 p.m.: Scale X Design Challenge Practice Pitch
  • 8:00 – 9:00 p.m.: Pitch Wrap Up & Feedback

If you will be in Atlanta on January 19th, join us to help decide who advances to the final competition in New York!

Unreasonable Says “Forget Pitching. Tell a Story. Here’s How!”

The Unreasonable Institute’s CEO Teju Ravilochan facilitated the Scale X Design Accelerator‘s final core lab on pitching last week. This article was one of the pre-reads for the teams before the session. The teams will work on their pitch over the next few months to prepare for the Scale X Design Challenge, a first-of-its-kind event in January in New York City!

Forget Pitching. Tell A Story. Here’s How!

WSJ Video: Big Data: The Link Between Information and Financial Inclusion

Watch this video from the Wall Street Journal developed by CGAP, the World Bank’s financial inclusion unit which provides a short summary of the link between the growth in data generated by mobile phones and financial inclusion. It was shared with us by our Chomoka (Digital VSLA) team. The video raises the benefits and risks associated with this trend.

As the leading promoter of savings groups in Africa, CARE has established and willing users, more brand recognition and more understanding of the barriers these groups face than anyone else. We believe have a better shot than anyone else at getting a large number of people to use the solution, which is key to success. By being the provider of the solution that generates data on group trends and behavior, we also effectively can serve as a layer between that information and the growing range of financial service providers looking to bank groups and group members. By creating a marketplace- rather than tying our platform to a single financial service provider- we can promote competition and only market financial products to users that are designed with consumer protection and consumer prosperity in mind from the outset. We’re excited to see what happens in the future with digitizing savings groups!