SKI Charities

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Empowering Transformational Female Leaders

In a previous post, “Why Focus on Women?,” we discuss the importance of SKI Charities’ focus on empowering female entrepreneurs and providing education for young women. In the traditional communities of developing countries like Zimbabwe and Chile, where SKIC works, already-marginalized women are often made powerless by circumstances of conflict and unrest, with men historically and culturally standing as the heads of households. To counter these unfortunate standards, the SKIC team directs its efforts toward women to level the playing field and to tap into the entrepreneurial spirit and leadership potential that we believe all women possess.

Mrs. Annia of Mutare used her SKImfi microloan to begin, and expand, a vegetable business.

Mrs. Annia of Mutare used her SKImfi microloan to begin, and expand, a vegetable business.

Our world needs more female leadership – and not just because women are currently underrepresented in formal and informal leadership positions worldwide. Unlike men, who tend to have a transactional leadership style, marked by incentivizing good performance and maintaining order and flow in a workplace setting, women tend to be transformational leaders. According to Alice H. Eagley’s New York Times article “Hybrid Style Works, and Women are Best at It,” a transformational leader “acts as an inspirational role model, motivates others to go beyond the confines of their job descriptions, encourages creativity and innovation, fosters good human relationships, and develops the skills of followers.” This leadership style has shown to be most effective in modern workplaces.

The interpersonal relationships and motivational attitude that transformational leaders bring to their environments are ideal for fostering economic and social growth, and for multiplying the efforts of SKI Charities. With each transformational leader we empower, we hope to send a ripple effect through countries, so that countless more women emerge as leaders, driven to transform their communities and workplaces.

Why Early-Stage Scholarships? (Part 3)

In parts 1 and 2 of this series, we reported that investing in early-stage education makes social and fiscal sense for both the recipient and the community. In this post, we’ll explore how, relative to later interventions, early-stage intervention is remarkably more effective and much lower in cost.

2014 SKIpgo recipients and their families

2014 SKIpgo recipients and their families

Policies that aim to repair educational deficits from early years are more expensive than smart investments made during childhood. As James J. Heckman asserts throughout his work, as a person ages, the cost of remedying early education deficits increases. Moreover, attempts to recoup these deficits later in life are often ineffective, even with vast funding.

In a 2006 article published in Science, Heckman emphasized that early interventions are even more effective than later interventions such as smaller pupil-teacher ratios, convict rehabilitation programs, public job training, or tuition subsidies.

Beyond being more effective, early interventions also produce greater returns than later ones. In Gary Becker’s 1964 paper on human capital, he showed that the return is higher on human capital when it is spent on young people. According to Becker, because they generally have more life left to live, there is a longer timeframe for investors to see returns.

Through investments in young girls, SKIpgo is reducing the long-term expenses for their communities and preventing late-term reparative costs. SKIpgo is a small program, but it is flourishing.

“As we grow, we will stimulate growth in more and more communities,” Shyam says.

Read Part 1 and Part 2. 

A Word with SKIC’s Founder


SKIC founder Shyam K. Iyer visiting a site in Myanmar
SKIC founder Shyam K. Iyer visiting a site in Myanmar

SKI Charities’ founder Shyam K. Iyer discusses the path that brought him to work for women’s empowerment and the impact that this work has made on him.

In your own words, what is your role in SKI Charities?

My role is to make sure we have the best people in place to run the foundation and achieve our goal to empower the economically excluded, both operationally in the near-term and strategically in the long-term. I constantly communicate with and connect our project managers on the ground, our social media experts back home, and our robust network of like-minded individuals who will go above and beyond to make sure we are on the right track.
 

How have you seen microfinance improve women’s lives?

I’ve seen microfinance have an unbelievable impact on real lives. Women who had no jobs or hope are now creating wealth through hard work for themselves and their community. People look up to them, and they have become leaders. They take better care of their health and their family’s health. They put their newfound wealth towards the education of their children– many go back to school themselves to improve their skills.
 

What path brought you to this work?

Through my career in international finance it was clear how many talented but excluded people were out there. I’ve been given every opportunity in life, but others are barely surviving each day due to no fault of their own. There are a lot of dark places in the world where good people struggle with no hope. I thought inclusive finance could be the answer to give them an opportunity to take control of their destiny.
 

What about your job inspires and motivates you?

I’m most inspired by our SKIC team. They level of skills and local knowledge necessary to keep us going is amazing. They deal with all types of people: beneficiaries, unsuccessful applicants, politicians, bankers, and anyone else who may or may not understand how we are trying to change the way people live. My job is to oversee the overall health of SKIC, but the day-to-day exercise and maintenance is where it all starts. And that is why I’m so lucky to have such a great and dedicated team. They care about SKIC and it shows.
 

Through your work with SKI Charities, is there any one story, event or person that sticks in your mind as meaningful to you?

I recently visited a SKImfi Zimbabwe beneficiary in Mutare. She had only recently joined, and when I saw her she was quite impressive. Standing tall behind her vegetable stall with a huge smile, her friends scurried around to assist her, and the locals looked at her with pure admiration. I was glad for her and assumed she had been doing good business for a while. Instead I heard that before she joined a few months prior, she had been widowed with six children and nowhere to go. She sat at home crying and lived off of handouts from neighbors. The kids had to leave school, and their futures looked bleak. Somehow our field officer heard about her through our network and the local SKImfi team decided she deserved a shot, at least for the hope she would have. The day she joined she took off like a rocket ship. This is why we do what we do.

A Word with our SKIpgo Zimbabwe Program Manager

Elizabeth, our program manager for SKIpgo-Zimbabwe, discusses her work with SKI Charities and her passion for child development.

In your own words, what is your role in SKI charities?

I work for the SKIpgo Zimbabwe Trust, one of the projects run by SKI charities in Mutare, Zimbabwe. I recruit candidates who are eligible for the scholarships we offer. In the process, I conduct interviews at our office for the eligible candidates. I also do home visits to really get to know our candidates, where they are coming from and how they live with their families. I monitor our recruits’ academic progress and also how well they abide by the rules of SKIpgo Zimbabwe Trust.

How have you seen microfinance improve women’s lives?

Microfinance has tremendously empowered women who were before looked down upon and were always dependent on their husbands or others. In Zimbabwe, large swaths of men are no longer able to work because most industries have shut down lots of jobs. Microfinance has enabled women to start their own businesses, to take care of their families.

What path brought you to this work?

It is so exciting that people really want to help the girl child. I was so willing to work in this project because I have seen women suffer a lot, and this charity reaches the children who are involved in that suffering. I have always had the heart and desire to help and protect women and girls because I believe that strong, educated women will make the world a better place.

What about your job inspires and motivates you?

I am inspired by so many people and things. SKI Charities’ founder Shyam is male and has a heart that bleeds to help empower women. I am touched by such events. As a woman, I feel I have an obligation to help other women accept and support each other to achieve our goals. Also, my mother has worked so hard to get where she is now. In her small nursery, she has produced doctors, nurses and teachers, which motivates me as well.

Through your work with SKI Charities, is there any one story, event or person that sticks in your mind as meaningful to you?

I have worked with so many families through SKI Charities, but one family particularly touched my heart. One of our four-year-old scholarship beneficiaries lives with her mother and grandmother in a one-room house that they divide into two rooms with a curtain. One day when I went there for a visit, the grandmother was in tears of joy and so thankful that her grandchild had improved so much academically, socially and behaviorally. SKI Charities truly gives hope to the hopeless.

A Conversation with Shyam: The Election in Chile

A run-off election this upcoming Sunday, December 15th, will determine Chile’s next president. SKI Charities founder, Shyam K. Iyer, sits down to talk with us about the political climate in Chile, and how it affects SKIC beneficiaries in Lebu.

Happy 3rd Birthday SKIC! – Zimbabwe Photo Journal

SKIC beneficiary, Mutare, Zimbabwe

SKIC beneficiary, Mutare, Zimbabwe

In October of 2010, Shyam K. Iyer began SKI Charities. Two countries, three projects, and hundreds of beneficiaries later, the organization is now celebrating it’s 3rd birthday. And we are just getting started.

To celebrate the occasion we commissioned a photojournal of our very first project, the SKImfi Microfinance Institute in Mutare, Zimbabwe. To view the portraits of our beneficiaries and team, click here.

As we continue on our journey, please stay in touch:
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A Conversation with Shyam: Inspiration Found in Local Mapuche Craft-Making and Cuisine

Hand-made Mapuche Jewelry

Shyam returned from his most recent trip to Lebu, Chile inspired by the crafts, textiles, and food being created by SKImfi microfinance beneficiaries of indigenous Mapuche heritage. SKI Charities aims to give women a path to start and grow sustainable businesses that encourage them to utilize their culturally-embedded skillset.

Listen in to hear more about the progress we are making in Lebu to preserve the traditional Mapuche culture.

Why Focus on Women?

SKI project manager, Anita, with beneficiaries in Lebu, Chile

SKI Charities founder Shyam has been asked why it is that the charity focuses exclusively on women. When he visits town halls and communities to tell them about SKIC, plenty of men attend. Some of them jokingly (and others more aggressively) ask him, “Why are we not included? Why do you just focus on women? Is this reverse sexism or reverse discrimination?”

Shyam reasons that it is an effort to level the playing field. He tells these men, “We’ve had our opportunity and continue to receive so many chances. You see what our women do, what our mothers, sisters, and daughters do for us. They add to the community. They will add even more to your own life!”

Though SKIC would ultimately love to reach out to beneficiaries regardless of gender, some of the choice to work exclusively with females comes from having to carefully manage its resources. “We want to optimise our reach, in as many socially constructive areas as possible,” Shyam says.

“By no means am I saying that boys don’t deserve the same scholarships or men the same capital. But the communities we work in are very traditional, impoverished communities. Our observation has been that more men control the household finances and more boys than girls are given the opportunity to get an education and are encouraged to strive for something more. So when we think about our broader goal, it’s not about favoring females or choosing sides through microfinance or scholarships, but simply leveling the playing field.”

Shyam also points out that microfinance, in its most successful incarnation, was directed at females. Muhammad Yunus, the Nobel Prize Winner from Bangladesh, pioneered microfinance on a large scale and chose to focus on women. “He did this for a reason,” Shyam says.

“When you empower women, you truly support the entire community, not just an individual. When a woman is empowered and starts to earn wealth, what will she do?  She will grow her business, which will then hire more people, which will in turn support more suppliers. When she makes money, she will put her kids back in school, which of course increases the overall education of a community. And she will start to tithe more consistently to her church, which will further strengthen the community. As she becomes more prominent to society, she becomes respected as a leader and a role model for younger people. It’s all textbook spillover effects. The point I’m trying to make is, if you want finance go further, there are studies and initiatives and our own experience demonstrating that the best way is through women.”

Though the men in Lebu and Mutare are an important part of SKIC – “their support for their wives and daughters is integral to our efforts,” Shyam notes – the goal of the charity is to use the resources available to reach as many people as possible. As women gain more strength in these communities, it becomes more and more clear, through simple observation, that they put their energy and their earnings back into their communities and their families. So while on the surface our mission is directed at individual women, communities at large are the true beneficiaries.

Why Choose Microfinance?

Founder Shyam K. Iyer discusses the basics of SKIC’s SKImfi program.

“The term ‘micro,’ at least to me, connotes community-mindedness. The business efforts of the women we work with aren’t global. They focus on very small economies, on their individual communities, and, if nothing else, SKI Charities is a community-minded organization. We believe that focusing on these small areas in a micro sense supports these women’s own ideas of community and responsibility.” -Shyam K. Iyer

Why choose to help women through microfinance?

This process is about getting more women involved in a system where they can feel confident by building their wealth through self-employment. There are a few other ways of doing that than micro-finance. In my own experience, when I’ve just been given something, I’ve never treated it very dearly or importantly. But when I worked for something, just as these women work with their loans and pay them back, I felt like part of an equal opportunity. When you’re doing microfinance at such a local level, it’s not solely about these women creating their own wealth and creating their own businesses.
There are amazing spillover effects. They often start by paying their kids’ school fees with some of the money they make, which is great in a social sense, as it encourages schools to operate better. Further, the women in SKImfi may hire some of their friends or sisters to work for their business. That’s another spillover effect. And to support their businesses, they buy from other suppliers, who aren’t a direct part of our program but benefit from its existence. The work these women do and the products they provide stimulate the whole community, and SKIC’s goal is to grow and continue to stimulate more and more communities.

Will you give us a bare bones explanation of microfinance?

Like we discussed in our spring blog post, Microfinance 101, it’s basically a bank for people who have very little to no income, probably no collateral, definitely not a formal job, maybe not even an informal job.
Think about people who do have all of those things. They go to a bank; they present their resumes, their background, and they ask for a loan to do whatever they have a plan to do. Then they get the loan with the expectation that they’ll pay it back. Through microfinance, we deal with people who don’t have that track-record, resume or anything else to support their need of a loan.
We support these women with loans that are very small, based on the expectation that they never got the chance to put that story together. The key to this is that they have the same potential as those who are privileged enough to go to their local banks. So they get a very small microloan from SKIC, and they are expected to pay it back just like you or I would have to go to a bank to pay it back.

A Conversation with Shyam: Where We Are and Where We’re Going

For our fourth SKI Charities podcast, founder Shyam K. Iyer sits down to discuss why he chose to begin the charity in Mutare, Zimbabwe. He goes on to talk about how he chose the second charity site (Lebu, Chile) and what the similarities are between the two.

Listen in on the discussion, and hear Shyam’s thoughts on potential future locations for SKIC!