WOKAI China’s first giving website

1. WOKAIChina’s first giving website

2. What is microfinance? Microfinance institutions can provide the poor with different financial services such as: LOANS Borrowing money that must be paid back later SAVINGS An account where people can store their own money INSURANCE A promise to repay a person in cases of lost or damaged property such as robbery or disaster

3. Why do the poor need these services? A small amount of money can go a LONG WAY Pots to cook noodles Feed for piglets With a small loan, people can invest in their business and talents. Whether it be for silk to make dresses, or feed for piglets, or noodles to make soup, that first loan can help people make it out there. Coal to sell Supplies for store

4. How did it begin? MUHAMMAD YUNUS established a successful microfinance model when he founded the Bangladeshi Grameen Bank (Bank of the Villages) in the 1970s.

5. Success Story 113,000,000clients by 2006 Nobel Peace Prize $25,000,000,000 invested worldwide 98.35% repayment rate (Grameen)

6. Where does China fit in? • Microfinance - $.2 billion (7% India) • Less than $1.25 – 200 million • Microfinance Start – I993 • Microfinance - $3 billion (2010) • Less than $1.25 – 456 million • Microfinance Start – Late 1970’s

7. $11,880 6.3X! $1,900 4.6X 2.5X Equal 3.3X China’s Growing Divide Urban-Rural Divide Projections

8. WuHailing's Story • After getting married, Wu Hailing was kicked out of her home and endured household debts from her and her husband’s families • WuHailing and her husband left to work as farm laborers • After a few years, they were able to pay off their debt and learned how to raise ducks • They invested in raising ducks, but all the ducks soon died • “We lost nearly all of our confidence and had to work our fingers to the bone just to keep our heads above water.” What was WuHailing going to do next?

9. Wokai Mission “Wo kai” means “I Start” in Chinese Wokai’s mission is to empower the impoverished in China to lift themselves from poverty by starting small businesses

10. Wokai Demo

11. How Wokai helps WuHailing 2. Field Partner (ARDY) Distributes the Loan 1. You Choose & Contribute to WuHailing 4. You Redistribute to Another Rural Entrepreneur 3. You Track Her Repayment Progress

12. Wokai – Behind the Scenes Field Partner Locations How Do We Choose Them? Inner Mongolia(CZWSDA) Meets international best practice Requirements Ningxia On-site due diligence Shaanxi Investment committee approval Sichuan(ARDY) Semi-annual on-site Monitoring Current Locations Future Expansion Plans

13. What Happened to WuHailing? • Her family borrowed RMB 2,000 from ARDY and used it to buy some more ducks • Due to the help of the staff, they were able to raise those ducks without problems and earn income for their household • The staff members have not only taught them faming techniques, they’ve also taught them how to manage money • In a couple years, she estimates that they’ll be able to repay all of their debts and have enough so their son can go to school

14. Who’s Contributing to WuHailing? Expats Academics Adopters Businessers Ethnics Visitors 2,700,000 500,000 300,000 100,000 60,000 100,000 Potential Number of Contributors: 3.76MM Average Contribution Size: $125 Total Addressable Market: $470MM

15. Meaningful Impact in China Direct: • Provide microloans to impoverished entrepreneurs for small businesses Indirect: • Building a global community supporting microfinance in China • Provide a credible giving place and source of information • Enable microloan recipients to achieve economic prosperity — defined as the ability to afford healthcare, education and basic food, water, and shelter

16. 11press features Wokai at a Glance $99,000loan capital raised 11months live 10sponsors 199recipients 2offices in Beijing, China and Oakland, CA 600contributors 150volunteers

17. How Can I Get Involved? 1. 2. 3. Visit the Website Spread the Word Make a Donation .org

18. WOKAIChina’s first giving website