SKI Charities

Archive for SKIpgo

A Conversation with Shyam: How we Maximize our Impact

An SKIC sticker makes its way to San Francisco, CA

In our latest “Conversation with Shyam,” the charity’s founder speaks about how we are able to maximize our impact as an organization.

Despite being a small, privately-funded organization, SKIC operates in places where the demand for micro-finance loans are high, but the supply is not there. In both Zimbabwe and Lebu, the interest-level in participating in SKImfi and SKIpgo is abundant – our projects managers must carefully select those beneficiaries who they anticipate our programs having the greatest impact on.

Listen in to find out how targeting specific groups of people for SKImfi and SKIpgo has enabled SKIC to effect not just its beneficiaries, but the greater community at large.

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 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.

On the Right Track: Early Stage Scholarships in Zimbabwe

Shyam readily – and fondly – recalls observing young girls in Zimbabwe skipping their way to school at 4:30 in the morning. It’s a memory he can recount in vivid detail – and one that certainly left an impression on him. “There’s nothing like the sunsets and sunrises in Africa. The soil is blood red, the trees are the darkest of greens, the stars are fading. It is unbelievably peaceful. On this particular morning, these five or six young girls, their hair done up and their uniforms beautifully starched, skipped by me, so eager to go to school. It was just a regular day, but they were so excited – even despite having miles to go.”

Inspired by this enthusiasm, Shyam started SKIpgo, a SKI Charities program focusing on early stage scholarships. He believes that early-stage learning is the most important part of someone’s education, because it’s where you can make the greatest impact.

SKIpgo participants range from three to five years of age and are taught good study habits, and even simple things like hygiene, self-respect, and respect for others. The schools that these girls are placed in “are not just about teaching them English or history or math. It’s about teaching them how to be strong, independent women. And if they grow up with that idea, if we engrain that in them from the very beginning, they grow to become the leaders of their community, to be civic-minded women, and to prioritize education. They’re like sponges at that early stage. They absorb everything.”

The SKIpgo scholarship is also a preventative measure. A lot of women in developing countries go down a different path, where education isn’t prioritized. Some women get pregnant very early, or don’t have the confidence to say ‘I’ll have a husband later. I can do that when I’m in my later teens or 20s. Let me get an education first, because that will strengthen my family and my future, and the future of the community.’ The scholarship incentivizes education, something that many Zimbabweans already place a lot of value on.

Scholarship recipients are chosen by the SKI Charities’ local team. Elizabeth, our project manager in Zimbabwe “talks to trusted people in the community to get references on girls ages 3-5 who are needy, from a financial point of view, but who come from families and environments where they will be given the opportunity to maximize their educational potential.” Our local team makes sure that participants are supported by their families and encouraged by their parents to study and work hard.

Usually, the pool of potential SKIpgo scholars is 2-3 dozen. Elizabeth whittles that down to a short list of ten, by interviewing them and ensuring that the candidates will have the potential to grow into their educations. Because SKI Charities can only control the financial part of it, it’s important that we make sure the girls are coming from a home that encourages early stage education, studying, and female empowerment. “The home environment is something we don’t have control over,” Shyam contends, “So we try to gauge that in the interview process.”

After selecting candidates (so far, four per year), we choose the schools they attend. “We vet every school in the community,” Shyam asserts. “Some schools are run as businesses and try to make as much money as they can. Others have a history, have strong teachers, strong facilities, and we want to direct our girls towards those schools. That way, there’s no reason for them not to succeed in their education.”

Every term, the girls are monitored on their performance. We talk to their teachers and their parents. Ideally, we would continue to support these girls every single year, but it’s just not feasible. The idea is to get them off on the right foot, and to ensure, to the best of our ability, that their families will continue to support their education. SKI Charities is there for financial support, but ultimately, it is the girls’ home life that will determine their success.

The hope is that these girls will begin to value their own education from an early age, and from there, continue to push themselves. It will require self-initiative to do that, as well as a positive familial infrastructure. But the first step, providing the opportunity for growth and success, is just the open door that these young girls need.

 

What’s in a Name?

SKIpgo

Little girls skipped along the side of a dust road as an African sunrise peeked above the horizon, never knowing that the lasting image they created inspired the name of a scholarship program.

It was 4:30 in the morning, and Shyam was driving with colleagues through the bush—rural areas—of Zimbabwe. They passed countless children who walked miles upon miles to reach their schoolhouses as dusk turned to dawn.

“That’s how much they love education in Zim,” Shyam says.

His team came across a particularly striking group of young girls, dressed in neatly pressed school uniforms with beautifully done hair. They smiled widely as they skipped across blood red soil among tall baobab trees.

“So many of us forget what a privilege school is, we take it for granted,” Shyam says. “But these girls still had miles to go and were so visibly happy… at 4:30 a.m.! They were so excited to get to school, just skipping and going. That’s where the SKIpgo name comes from.”

Witnessing this pure eagerness to learn again and again has connected Shyam to Zimbabwe—the name SKIpgo, which stands for Program for Girls Opportunity, reminds him of the value that these young scholarship recipients, and their families, place on their educational journey.

SKImfi

SKImfi, or the SKI Microfinance Institute, underlines the initiative’s role in catalysing opportunity for its beneficiaries to grab.

“Providing microfinance is great, but as the institute we can only get things started. We’re just skimming the surface,” Shyam says. “We began as a small microlending institution in a corner of the world, in a corner of Africa, in a corner of Zimbabwe. Now hundreds of families are involved, communities are stabilising, and this is the beginning. We are still at the surface.”

The value of what SKImfi alone adds to a community’s productivity doesn’t compare to the bottomless mine of potential that lays in the hands of all the women who receive microloans. As women become more empowered, the spillover effects of their business success will ripple deeply through their countries’ economies.

“We provide the necessary tools to give them a foundation,” Shyam says. “They then take the deep dive and create value for themselves and their communities to meet all of that potential.”

SKI Charities

In the beginning of 2010, SKI Charities was still an abstract idea. Shyam told his NGO friends that he wanted to take microfinance to, of all places, Zimbabwe. He was met with a common warning: “Zimbabwe is too risky; it’s not worth it. Go someplace with, as they say, lower hanging fruit.”

“I always struggled with that term,” Shyam says. “I think, ‘Well, some of us are a bit taller. Shouldn’t we reach for the high-hanging fruit? Can’t we add even more value that way?’”

He continued his early due diligence with peers in the policy and finance communities. He still met resistance. They did, however, express confidence in Shyam himself. They were more compelled to invest in his endeavors than in the country alone, which is why Shyam’s initials became so integrally tied to the charity.

“I decided, ‘Alright, if people don’t believe in potential of Zimbabwe, let them believe in me.’ I’ll put my name and reputation on the organization,” Shyam says. “Let us rise or fall together. We are strong and our beneficiaries have no one else but us; what are we waiting for?”