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3 Financing Models
3 Financing Models
Pages 13-22
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From page 13... ...
AN EXAMPLE FROM THE PRIVATE SECTOR In Cote d'Ivoire and Ghana, the world's first and second largest producers of cocoa, respectively, the World Cocoa Foundation developed a strategy grounded in performance-based indicators for cocoa production alongside growth-based indicators for community-driven development in contexts where small-holder farms operate as a family enterprise. Bill Guyton, President of the World Cocoa Foundation, introduced the private sector's interest in the supply side of cocoa, and the complexity surrounding production, which includes the nexus of poverty and children.
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From page 14... ...
Guyton outlined that CocoaAction is a platform by which all partnering entities agreed to a common method of measuring success meant to better align cocoa production and community development issues -- such as primary education, child labor prevention, and women's empowerment -- for ultimately a greater impact. Guyton emphasized the vital role cocoaproducing governments play in the implementation of the World Cocoa Foundation's programs.
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From page 15... ...
TRECC, in partnership with the Jacobs Foundation, utilizes an impact-first financing model so that companies will receive resources based on whether they are achieving certain results across domains of primary education, productivity, and community development. More specifically, TRECC is a matching grants mechanism where companies will implement programs to help strengthen primary education in Cote d'Ivoire.
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From page 16... ...
Kidogo turned to childhood development science to find a solution. This solution is based on four elements: safe and child-friendly spaces that ensure children have an aesthetically appealing and tactically stimulating environment where they can explore; a play-based experiential curriculum derived by integrating best practice approaches from around the world that translate and are appropriate for the local Kenyan context; certified early childhood caregivers who hold a certificate or a diploma in early childhood development issued by the government and who receive subsequent specialized training in best practices surrounding early childhood care; and integrated health and nutrition programs across the delivery platform.
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From page 17... ...
Kidogo aspires to provide a model center to illustrate what child care should and could look like in the contexts where these informal businesses are already operating. Habib noted that profit is conceived as a means and not an end in this hub-and-spoke model, which seeks to be sustainable to maintain employment among those who rely on these centers for jobs, as well as keeping children in a quality child care situation.
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From page 18... ...
AN EXAMPLE FROM AN ALLIANCE OF CROSS SECTOR FUNDERS: SOUTH AFRICA In South Africa, David Harrison, Chief Executive Officer of DG Murray Trust, stated most children miss the opportunity for quality early learning largely because of the disorganized and informal structure of early childhood education, where the poorest 40 percent of the population have very little access to any sort of formal or structured early learning experience (Richter et al., 2012)
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From page 19... ...
The reality for unregistered facilities in South Africa, which serve the majority of children, is that they do not receive any public financing. To address issues of financing and access, DG Murray Trust identified four leverage points, drawing from basic tenets of game theory to take early learning to scale through innovative financing models together with the government (see Figure 3-3)
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From page 20... ...
DG Murray Trust is tailoring a package of quality support for microentrepreneurs serving the poorest 40 percent, and in doing so, is building a national network of practitioners who feel like they belong to something bigger than themselves, Harrison said. Breaking the vicious cycle of exclusion and of poor quality of child care necessitates an affirmative program aimed at the poorest 40 percent of children.
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From page 21... ...
In terms of financing programs and services, Amoako-Tuffour concluded that in South Africa, with DG Murray Trust, it is a function of public financing combined with donor funding; whereas in Kenya with Kidogo, it is a business model that depends on user fees. In both cases, Amoako-Tuffour argued that the challenge lies in setting the right price per child, which then determines the margins, the optimal size, and therefore the break-even point in cases where early childhood services are privately provided.
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From page 22... ...
and providing platforms for advocacy and bringing stakeholders together to ensure early childhood issues are central to the conversation. When it comes to financing early childhood development, especially in the African context, Amoako-Tuffour suggested drawing on the vast revenues generated from natural resources (especially minerals and petroleum)
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