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Learning How to Measure Social Impact with SROI

07 January 2015

By

Alfred Poon

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In October, the Asian Venture Philanthropy Network (AVPN) co-oganised a workshop with the SROI Network in Mumbai at the Centre for Management. Social Return on Investment (SROI) is gradually expected to gain traction in India, and according to Jeremy Nicholls, chief executive of the SROI Network, organisations in India increasingly want to know not only if they are creating value, but also how much value they are creating.

The workshop was well-received, and other speakers at the event included Sandhya Suresh and Joby C.O. of ESAF Microfinance and Investments, one of India’s largest microfinance non-banking finance companies set up in 1992; Kaushik Biswas of Alliance India, which is piloting a methodology based on measuring and valuing social and health outcomes against investment; and Manish Prasad from Cecodecon, a non-profit organisation established in 1982 and committed to building the capacity of poor and vulnerable sections of society to effectively claim their rights.

SROI is an important aspect of venture philanthropy, especially in large markets such as India where there are thousands of organisations and programmes to choose from, in terms of funding. The effective calculation of SROI can go a long way in helping donor organisations make informed decisions and choices in terms of what organisations they should be funding and what impact they can expect to see from such funding.While the SROI Network is currently not training any domestic Indian organisations, it is something the network would if required.

“We have some members providing services in India and so will continue to support them and respond to requests for information and help as they arise. We would hope that an SROI India network develops and will work to support this,” Jeremy said.

To find out more about our workshops and events, check our events page regularly.

The event was supported by:

References

A. Environmental Stewardship
To protect the environment, we organize programmes like mangrove nursery and Reforestation, Coastal and River Clean-Up, Community Based Environmental Solid Waste Management, Environmental IEC Campaign and Eco-Academy

B. Food Security and Sustainable Livelihood
To ensure a sustainable livelihood for the community, eco-tourism include Buhatan River Cruise Visitor Center Buhatan River Mangrove Boardwalk are run by the community. Others include Organic Vegetable and Root crops Farming, Vegetable and Root crops Chips and by-products Processing and establishing a Zero waste store.

C. Empowered Communities
To empower the community, we provide product and Agri-Enterprise Development Training, Immersion and Learnings Exchange Program, Earth Warrior Training and Community Based Social Entrepreneurship Training

Author

Alfred Poon

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Alfred Poon is Director of Digital Transformation of AVPN. He is a geek by nature, adman by passion, and holds a Masters in Nonprofit Communications from Indiana University. Alfred spends his time building communications infrastructure that brings people together. Prior to joining AVPN, Alfred has consulted for Social Purpose Organisations in over thirty countries, bringing his unconventional mix of nimble technology to enable data driven communications

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