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Measuring the Social Impact The Limmat Foundation’s Approach. 12/07/2012. J uan J. Alarcon Limmat Stiftung, Zurich. Social Development. Harmonious and sustainable improvement of the living conditions (goods and resources) of a people group. Goods and resources can be: Tangible
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Measuring the Social ImpactThe Limmat Foundation’sApproach 12/07/2012 Juan J. Alarcon Limmat Stiftung, Zurich
Social Development • Harmonious and sustainable improvement of the living conditions (goods and resources) of a people group. • Goods and resources can be: • Tangible • Intangible • Individual • Collective • Regrouped, they conform the matrix of the social-economical welfare.
Social-Economical Welfare IndexSEW-Index • The SEW-Index measures impact, not results. • Made up of four primary components: • Weighted average system of nine indicators.
Social-Economical Welfare IndexSEW-Index • Data are easy to collect. • It uses objective data for the appraisal of the different indicators. • Situates the evaluated group in a range from 0 to 100. • Allows to compare living conditions of different groups of people.
The Nine Indicators of the SEW-Index Table for the “Income” Indicator
The Nine Indicators of the SEW-Index Table for the “General Studies” Indicator
The Nine Indicators of the SEW-Index Table for the “Civil and Human Rights enforceability” Indicator
The SEW-Index A Real Case for Micro-Entrepreneurs in Cali, Colombia Creation of a training center for micro-entrepreneurs in food processing industry: milk and vegetable products, bakery and grocery.
The SEW-Index A Real Case for Micro-Entrepreneurs in Cali, Colombia Creation of a training center for micro-entrepreneurs in food processing industry: milk and vegetable products, bakery and grocery.
The SEW-Index A Real Case for Micro-Entrepreneurs in Cali, Colombia Creation of a training center for micro-entrepreneurs in food processing industry: milk and vegetable products, bakery and grocery.
Chart SEW-Index +45% +14% + 6.6 SEWI points + 1.9 SEWI points
Chart SEW-Index + 66% + 8.5 SEWI points
Gross and Net Social Benefit • The gross social Benefit is the difference between the value of the SEW-Index at time 1 and at time GSB = SEWI1 – SEWI0 • The net social benefit takes into account the investment needed by the project: NSB1 = (SEWI1 – NSI1) – SEWI0
The Matrix of the Social-Economical Welfare Development needs a holistic approach. • The SEW-Index is also an useful tool: • at the stage of the project planning. • individuate the weak points of the targeted population. • to recognize complementary actions, alone or together with other institutions. • In this way, the always scarce resources can be used in an optimal way.
Development Projects The Curve of Development