Title: April 10, 2005
1April 10, 2005
2Introducing WILMA
3About WILMA and WilmaFund
- Who we are WILMA, a US non-profit organization,
and WilmaFund, an African non-profit Community
Development Financial Institution (CDFI). - Brief history Projects began in 1999. WilmaFund
established in 2003 for fund management in
Africa. - Activity to date 1.65 million invested by
private donors in capacity building and pilot
enterprise start-ups in Tanzania. - Immediate goal Set plan for raising 20 million
of capital for WilmaFund during 2006-10. - By 2010 achieve sustainable scale of investment
in four pilot countries - Kenya, Malawi,
Tanzania, and Uganda. - Long term goal achieve a quiet revolution in how
the world supports African development.
4Problems and Opportunities
- Problems
- Under-developed human resources
- Undeveloped or unsustainable land and resource
management practices - Lack of access to capital, knowledge, markets
- Opportunities
- Strengthening community-based capacities to
organize, lead, manage, and learn continuously - Engaging and supporting women as emerging leaders
- Creating pathways out of poverty through
asset-building - Growing enterprises that build on and preserve
natural, cultural, and social assets
5WILMAs Partners Will.
- Capitalize WilmaFund as an African CDFI tasked
with capacity-building and developing
sustainable, community based enterprises. - Objectives
- Support pilot projects in four African nations
Kenya, Malawi, Tanzania, and Uganda through
innovative triple-bottom-line opportunities - Identify and coordinate clusters of SME start-ups
in communities with no access to mainstream
financial institutions - Partner with other companies and organizations
seeking to build on natural and human ecologies
6WILMA Innovations
- Model WilmaFund as an African CDFI apply best
management practices and rigorous performance
metrics from the US CDFI experience. - Harness country experts and opinion leaders to
serve within National Managing Partners to
identify and support capacity building. - Transform informal grassroots organizations into
formal Community Development Associations (CDAs)
with ownership in their local enterprises. - Establish clusters of community based start-ups,
with research leadership creating commercial
value for their CDAs and high potential for
growth. - Identify and appoint enterprise managers to grow
the businesses, having accountability to
WilmaFund and ownership stakes in them. - Support micro-enterprises in the CDAs through CDA
peer-managed revolving loan funds, potentially
growing new small businesses. - WILMA CDM Services LLC a way to capitalize
WilmaFund by helping Africas large and growing
corporations to use the Kyoto Protocol on GHGs.
7The Wilma Network and Its Partners
8Board and Management
- WILMA US
- WilmaFund Africa
- NMPs African Country
- CDAs Community
- Small business clusters Community
9WilmaFund Investment Priorities
- Renewable energy
- Women-owned enterprises
- Adding value to native resources
- Sustainable land and water use practices
- Innovative telecommunications
-
Solar Village Institute Centre
Women in Ahakishaka
New water tank and pumping station
10Example Small-Business Cluster Ahakishaka
Building a Regional Development Pole Through
Solar Power
- Community Development Association Solar Village
Institute (SVI) - Program components
- Research, analysis, and planning development of
the CDA and - management (WILMA Network services), one-third
of program - Investment in the enterprises, two-thirds of
program - Enterprises of the Ahakishaka Cluster (start-up
capitalization in ltgt) - Ahakishaka Water Bottling Company lt200,000gt
- Ahakishaka Bean and Corn lt150,000gt
- SVI Solar Home Systems Distributorship
lt250,000gt - Ahakishaka Model Integrated Farming System
lt150,000gt - Mobile Clinic AIDS Testing and Care Centre
lt100,000gt
11WILMA CDM Services LLC
- A new, for-profit WILMA subsidiary, responding to
the ratification of the Kyoto Protocol, which - provides clean technologies for community-based
start-ups and advises established corporations - secures Certified Emission Reduction credits
(CERs) for local and global investors - handles the CDM (Clean Development Mechanism)
bureaucracy for busy business managers - transfers 5 of the resulting CER value or new
investment to WilmaFund as a capital grant
matched by donors
technology for clean development
agricultural innovation
meat and biogas production
12Corporate clients of WILMA CDM Services LLC get
high returns on their investments
- By transferring capital to WilmaFund, they
receive - enhanced reliability in standards and delivery,
as well as lower costs, of local supplies - new markets inside and outside Africa
- access to new pools of talent entrepreneurial,
managerial, and technical - opportunities to adopt new ideas, successfully
tested by WilmaFunds investments - Corporate Social Responsibility (CSR) credits
for - helping to achieve their countrys Millennium
Goals - adhering to the UNs Global Compact principles
- participating in poverty reduction activities
13Public Donors Get Unprecedented Bang for their
Aid Buck
- Public donors match corporate grants of capital
to WilmaFund and thereby raise investment (by
start-ups, SMEs, and large corporations) in - cleaner industrial processes, reducing harmful
emissions while reducing fuel costs and
increasing profits - alternative energy sources (e.g., hydro, wind,
biogas),earning marketable carbon credits under
the Kyoto Protocol - innovative household and farm methods (e.g.,
fuel-efficient stoves, solar-powered fencing,
assured water supply) that improve health and
welfare in poor (especially rural) communities - diversified exports (e.g., all-season irrigated
cash crops, products of improved animal
husbandry, farm-raised fish, other agribusiness),
linked to new energy sources and innovative
methods
14WILMAs Services and Partners
15The Network of WILMA CDM Services LLC