Founded | 1985 |
---|---|
Type | Non-profit organization |
Purpose | Economic Development; Financial Inclusion; Market Systems Development; Market Resilience; Women’s Economic Empowerment; Savings Groups; Consumer Protection |
Location |
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Employees | ~ 15 (2019) |
Website | seepnetwork |
The SEEP Network, also known as SEEP, is a member-based, nonprofit organization with headquarters in Arlington, Virginia.
In 1985, a group of U.S. based NGOs pioneered new strategies for enterprise development and microcredit, seeking to promote economic opportunities for the world's poor. With support from USAID's Office of Private and Voluntary Cooperation, they formed the “Small Enterprise Evaluation Project” (SEEP) to champion the importance of impact assessments and develop evaluation methods that would inform practice.
SEEP members represent a diverse mix of over 100 organizations active in 150 countries in Africa, Latin America, Asia, and the Middle East. Members include international development organizations and consulting firms; relief and humanitarian aid organizations; research, monitoring and results measurement agencies; and microfinance associations. [2]
SEEP's work in the economic development sector is focused on five thematic areas with a variety of initiatives within each :
This involves improving the productivity and resilience of small scale farmers is essential to address poverty and hunger worldwide. Projects in this area include:
Programming in this area enables market systems to build long-term resilience increases household and community capacity to prepare, cope, and recover from disasters. Programs and activities include:
This includes promoting strong local member-based associations to act as champions of transparency and consumer protection leads to more ethical and fair treatment of clients of financial services. Programs and activities include:
Savings Groups promote financial inclusion and build resilience in marginalized communities. Programs and activities include:
This involves supporting women's ability to succeed and advance economically leads to healthy and productive households, growing businesses, and the well-being of communities and nations. Programs and activities include:
On December 13th, 2021, SEEP publicly announced to its members that it would be closing in the next 12-18 months due to financial pressures caused by the ongoing coronavirus pandemic.
Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically lack collateral, steady employment, or a verifiable credit history. It is designed to support entrepreneurship and alleviate poverty. Many recipients are illiterate, and therefore unable to complete paperwork required to get conventional loans. As of 2009 an estimated 74 million people held microloans that totaled US$38 billion. Grameen Bank reports that repayment success rates are between 95 and 98 percent.
Microfinance is a category of financial services targeting individuals and small businesses who lack access to conventional banking and related services. Microfinance includes microcredit, the provision of small loans to poor clients; savings and checking accounts; microinsurance; and payment systems, among other services. Microfinance services are designed to reach excluded customers, usually poorer population segments, possibly socially marginalized, or geographically more isolated, and to help them become self-sufficient. ID Ghana is an example of a microfinance institution.
Mercy Corps is a global non-governmental, humanitarian aid organization operating in transitional contexts that have undergone, or have been undergoing, various forms of economic, environmental, social and political instabilities. The organization claims to have assisted more than 220 million people survive humanitarian conflicts, seek improvements in livelihoods, and deliver durable development to their communities.
Danish Committee for Aid to Afghan Refugees (DACAAR)(Danish: Den danske komité for hjælp til afghanske flygtninge) is a non-political, non-governmental, non-profit humanitarian and development organization working to improve the lives of the Afghan people since 1984.
Opportunity International is a 501(c)(3) nonprofit organization chartered in the United States of America. Through a network of 47 program and support partners, Opportunity International provides small business loans, savings, insurance and training to more than 14 million people in the developing world. It has clients in more than 20 countries and works with fundraising partners in the United States, Australia, Canada, Germany, Switzerland, Singapore, Hong Kong and the United Kingdom. Opportunity International has 501(c)(3) status as a tax-exempt charitable organization in the United States of America under the US Internal Revenue Code.
Financial literacy is the possession of skills, knowledge and behaviors that allow an individual to make informed decisions regarding money. Raising interest in personal finance is now a focus of state-run programs in countries including Australia, Canada, Japan, the United States, and the United Kingdom. Understanding basic financial concepts allows people to know how to navigate in the financial system. People with appropriate financial literacy training make better financial decisions and manage money better than those without such training.
A self-help group is a financial intermediary committee usually composed of 12 to 25 local women between the ages of 18 and 50. Most self-help groups are in India, though they can be found in other countries, especially in South Asia and Southeast Asia. A SHG is generally a group of people who work on daily wages who form a loose grouping or union. Money is collected from those who are able to donate and given to members in need.
Financial inclusion is defined as the availability and equality of opportunities to access financial services. It refers to a process by which individuals and businesses can access appropriate, affordable, and timely financial products and services. These include banking, loan, equity, and insurance products. Financial inclusion efforts typically target those who are unbanked and underbanked, and directs sustainable financial services to them. Financial inclusion is understood to go beyond merely opening a bank account. It is possible for banked individuals to be excluded from financial services. Having more inclusive financial systems has been linked to stronger and more sustainable economic growth and development and thus achieving financial inclusion has become a priority for many countries across the globe.
The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. It was established after the G20 London summit in April 2009 as a successor to the Financial Stability Forum (FSF). The Board includes all G20 major economies, FSF members, and the European Commission. Hosted and funded by the Bank for International Settlements, the board is based in Basel, Switzerland, and is established as a not-for-profit association under Swiss law.
Eco-investing or green investing, is a form of socially responsible investing where investments are made in companies that support or provide environmentally friendly products and practices. These companies encourage new technologies that support the transition from carbon dependence to more sustainable alternatives. Green finance is "any structured financial activity that has been created to ensure a better environmental outcome."
The International Growth Centre (IGC) is an economic research centre based at the London School of Economics, operated in partnership with University of Oxford's Blavatnik School of Government.
The United Nations Environment Programme Finance Initiative is a partnership between the United Nations Environment Program (UNEP) and the global financial sector to catalyse action across the financial system to align economies with sustainable development. As the UN partner for the finance sector, they convene financial institutions on a voluntary basis to work together with them, and each other, to find practical solutions to overcome the many sustainability challenges facing the world today. UNEP FI does this by providing practical guidance and tools which support institutions in the finance sector to find ways to reshape their businesses and commit to targets for limiting greenhouse gas emissions, protecting nature, promoting a circular economy and supporting financial inclusion to address inequality. The solutions developed effectively form a blueprint for others in the finance sector to tackle similar challenges and evolve their businesses along a sustainable pathway. The creation and adoption of such a blueprint also informs policy makers concerned with sustainability issues about what would constitute appropriate regulation for the finance sector at large. Founded in 1992, UNEP FI was the first organisation to pioneer engagement with the finance sector around sustainability. The Finance Initiative was responsible for incubating the Principles for Responsible Investment and for the development and implementation of UNEP FI’s Principles for Responsible Banking and Principles for Sustainable Insurance as well as the UN-convened net-zero alliances. Today, UNEP FI provides sustainability leadership to more than 400 financial institutions, with assets of well over $80 trillion headquartered around the world.
Benoît Georges Cœuré is a French economist who has been serving as President of the Autorité de la concurence since 2022. He previously served as a member of the Executive Board of the European Central Bank from 2012 to 2019.
The Sustainable Development Goals (SDGs) or Global Goals are a collection of seventeen interlinked objectives designed to serve as a "shared blueprint for peace and prosperity for people and the planet, now and into the future." The short titles of the 17 SDGs are: No poverty (SDG 1), Zero hunger (SDG 2), Good health and well-being (SDG 3), Quality education (SDG 4), Gender equality (SDG 5), Clean water and sanitation (SDG 6), Affordable and clean energy (SDG 7), Decent work and economic growth (SDG 8), Industry, innovation and infrastructure (SDG 9), Reduced inequalities (SDG 10), Sustainable cities and communities (SDG 11), Responsible consumption and production (SDG 12), Climate action (SDG 13), Life below water (SDG 14), Life on land (SDG 15), Peace, justice, and strong institutions (SDG 16), Partnerships for the goals (SDG 17).
The Alliance for Financial Inclusion (AFI) is a policy leadership alliance owned and led by member central banks and financial regulatory in developing countries with the objective of advancing financial inclusion.
Habitat III, the United Nations Conference on Housing and Sustainable Urban Development, took place in Quito, Ecuador, from 17 – 20 October 2016.
Foreign aid for gender equality in Jordan includes programs funded by governments or non-governmental organizations (NGOs) that aim to empower women, close gender based gaps in opportunity and experience, and promote equal access to education, economic empowerment, and political representation in the Hashemite Kingdom of Jordan.
Leora F. Klapper is an American economist who currently works as a lead economist at the World Bank in the Finance and Private Sector research team as part of the Development Research group. Klapper has held government jobs in Washington, DC and Jerusalem, Israel in the Bank of Israel, as well as having held private sector jobs for Peter L. Bernstein and the Salomon Brothers firm in New York. She is also the founder of The Global Findex Database and Entrepreneurship Database.
Vanessa Erogbogbo is a Ugandan private sector development specialist who focuses on sustainable trade. She is the chief of the Green and Inclusive Value Chains Section at the International Trade Centre (ITC).
The Youth Café is a not-for profit pan-African youth organization that was founded in 2012 and works with young people in Africa and around the world to foster community resilience, propose innovative solutions, drive social progress, enable youth empowerment and inspire political change. The Youth Café is headquartered at Kitisuru Gardens, in Nairobi, Kenya.