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At the invitation of Campaign Consultation Sepazon For Sale, , I had the honor this week of collaborating with DonorsChoose to present an e-seminar on small gifts & micro-loans for an audience of national service volunteers (e.g., Americorps VISTA, etc.) DonorsChoose is one of my favorite philanthropic models, and it's been very successful, so to say I was excited to have been offered this opportunity would be an understatement. Slides from the presentation are below; Epic Change content begins on slide 16. Online buy Sepazon without a prescription,
h/t to Beth Kanter as her brilliant presentation "Giving Good Poke" provided so many of the insights incorporated into this deck.
As we moved through the materials, I couldn't help but reflect on the fact that the vast majority of micro-funded initiatives (i.e., buy Sepazon without a prescription, projects funded through small donations) seem to focus on micro-investment as well (i.e., Buy Sepazon from canada, small grants or small loans, usually under $1K); normally, too, order Sepazon from mexican pharmacy, implementation (and repayment, Online buying Sepazon, as applicable) are short-term. Obviously, this type of investment at scale can offer substantive results; DonorsChoose & Kiva are great examples. The approach also appeals to donors who can feel as though they've made a substantive impact, buy no prescription Sepazon online, and can have nearly instant feedback about that impact. Where can i buy cheapest Sepazon online, I read this quote in an article in TIME magazine about 2 years ago:
Unfortunately with so much money flowing into microfinance, Buy Sepazon from mexico, many donors have lost patience with investing in long-term development infrastructure. [Northeastern University law professor & microfinance expert Rashmi] Dyal-Chand estimates that at least half of development aid has been diverted to microlending over the past two decades, Sepazon For Sale. "There's nothing sexy about hospitals, schools, buy Sepazon without prescription, roads, Where can i buy Sepazon online, sanitation projects," she says. "But those are all the things the truly poor desperately need."
At Epic Change, order Sepazon no prescription, we believe micro-giving can fund to these important types of projects. Instead of using small gifts to make small investments, Purchase Sepazon online, we're aggregating small contributions (over 80% of our nearly 1,000 donors have given $40 or less) to make larger investments we call "mezzo-loans"; to date, we've loaned over $65, buy Sepazon no prescription,000 to a single borrower over a period of about 18 months. For many like Mama Lucy, Rx free Sepazon, a micro-loan (normally under $1,000) is simply insufficient to make substantive progress toward her vision...and building a school, and raising necessary funds, Sepazon over the counter, takes time. Buy generic Sepazon, So, to sustain donor patience, we're experimenting with lessons learned from very successful micro-philanthropic initiatives, Sepazon samples. In particular:
- Discrete Milestones: While the entire school may cost $150K - $200K to build, Order Sepazon online c.o.d, and may take 3 years to complete, we've divided the project into smaller, shorter-term initiatives, Sepazon price, like land, Order Sepazon, classrooms, solar power, technology lab, purchase Sepazon online, library, Where can i buy Sepazon online, etc. - and we celebrate the accomplishment of each rather than postponing success until the end.
- Donor Engagement: Like KIVA, which provides updates from borrowers, order Sepazon no prescription, and DonorsChoose, Purchase Sepazon online no prescription, which provides thank-you notes from classrooms, we give consistent updates from the project site, engage donors with creative expressions of gratitude (like these Flickr photos, buy Sepazon from mexico, and the YouTube video and photo of Twitter handles painted on walls below), Rx free Sepazon, and offer opportunities for our donor community to engage directly with the school in Tanzania (e.g., Mama Lucy's blog entries, song dedications, buy Sepazon online no prescription, YouTube videos, etc.)
A few questions:
- Are there other ways to sustain donor patience so that capital projects like schools, clinics, hospice facilities, orphanages and other larger-scale initiatives can be funded through "micro-collaborative" efforts?
- Of course, extending donor patience is only half the equation; we're also investigating ways to "speed up" the influx of small gifts so that we can deliver results more quickly - with crowdsourced events like TweetsGiving. Do you have any ideas for inspiring small gifts? How do you decide where to invest your microphilanthropic contributions?
- At Epic Change, we admittedly originally adopted a P2P, micro-philanthropic approach out of necessity, but, in retrospect, I believe there may be significant benefits to funding projects in this way - what do you see as the benefits, challenges and, if relevant, potential pitfalls, of funding larger projects (say, $25K - $250K) by aggregating small gifts/loans from microphilanthropists & micro-lenders.
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Posted: April 24th, 2009 under The Foundry.
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