Solution

Eliminating Poverty via Access to Capital

This solution addresses poverty in LATAM, Caribbean for the financially excluded

  • Fundacion capital sl2

Problem Description

Fundación Capital engages the BOP populations in developing countries Latin America and the Caribbean. The organization believes that financial inclusion is the catalyst for escaping the endemic poverty of these regions. FC provides knowledge and tools to empower these populations to save, grow, invest assets, insure their families against risk, and chart their own permanent path out of poverty. It applies modern technology (tablet computers, cell phones, mobile banking) and relies on appropriate and effective peer leadership models to transfer skills and knowledge, relying on community leaders who have learned and succeeded to teach their families, friends, and neighbors.

Building Blocks

Solution Type

  • Skoll Social Entrepreneur

    • Photos

    • Fundacion capital sl2

    Solution Stage

    One of the 7 stages of an innovation. Learn more
    STAGE SPECIALIST SKILLS REQUIRED EXAMPLE ACTIVITIES RISK LEVEL AND HANDLING FINANCE REQUIRED KINDS OF EVIDENCE GENERATED GOAL
    Developing and implementing5
    Strong leadership, management, implementation skills
    • Policy design
    • Programme design
    • Business modelling
    • Organisational design
    • Prepare for some adaptation to implementation
    MEDIUM
    • Programme funds, equity, loans, grants
    HIGH
    A robust and detailed case developed through formal evaluation and evidence gathering – use of a control group to isolate impact
    An implemented and sustainable innovation

    Submitted By

    Bryan Lehrer74310022 copy

    Key Details

    Solution Type
    Skoll Social Entrepreneur
    Activity