Social Business

Social Business

DEVELOPMENT INITIATIVES

 

The development team of Kompanion Bank provides the opportunity to complete an annual training in Farmer Field School for vulnerable communities in remote regions. We offer 20 trainings per year, based upon an ethno-ecological approach in two directions: «Ecogarden» (agronomy) and «Livestock Management» (animal husbandry). Kompanion Bank specialists conducted 12 300 initiative trainings over the past five years, in which 31 655 households from 725 villages of Kyrgyzstan participated.

We also help households manage business assets (household plots, livestock) and natural resources (summer and winter pastures, water resources). By applying received knowledge and acquired skills, households can improve their crop quality and increase livestock yields, leading to increases in household incomes.

At year-end 2014, 46% of the households that completed the Kompanion training in Farmer Field School saw their incomes rise compared to the prior year.  

EVENTS FOR COMMUNITIES

 

Training development initiatives are accompanied by annual mobilization events in the rural areas. Kompanion Bank conducts agricultural fairs, «Ayil Alga» development festivals, and the traditional Apple Festival. We invite producers and buyers of agricultural products, representatives of biolaboratories, nurseries, owners of pedigree livestock, processors for concluding mutually beneficial contracts and establishing direct market connections. The main goal of these events is to foster development of agriculture and market connections for strengthening the economic capacity of communities.

IMPACT MEASUREMENT SYSTEM

 

The Impact Measurement System (IMS) is an integrated system of indicators that allows measuring and evaluating the impact of financial and development services upon households and clients’ businesses, as well as tracking and understanding the influence of the company’s activities on households’ self-sustainability and on the promotion of financial integration. IMS was developed and implemented by specialists of Kompanion Bank and is a unique data management tool. The system allows automated and regular collection of data using mobile devices, storage of data in a centralized database, and data analysis by means of various analytical and statistical methods. Based on IMS data, we can state that financial and development services of Kompanion Bank have a positive impact upon rural communities.