one hen: sparking a generation of social entrepreneurs

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Sparking a Generation of Social Entrepreneurs MLSA Conference: March 2014 One Hen

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Kate Smith Milway, workshop at the MSLA Conference 3/10/14

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Page 1: One Hen: Sparking a Generation of Social Entrepreneurs

Sparking a Generation of Social Entrepreneurs

MLSA Conference: March 2014

One Hen

Page 2: One Hen: Sparking a Generation of Social Entrepreneurs

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It all started with a book about microfinance and a vision to inspire kids to global citizenship

Teach Microfinance & Entrepreneurship to Harness Kids as a Force of Hope in the

World

The Vision

Page 3: One Hen: Sparking a Generation of Social Entrepreneurs

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…and a website so kids could learn through participation www.onehen.org

Through interactive games and aggregated lessons plans, kids are able to discover, first-hand how they can be agents of change with no

more than their lemonade-stand earnings

Page 4: One Hen: Sparking a Generation of Social Entrepreneurs

A teacher and volunteer movement grew quickly around these resources

Page 5: One Hen: Sparking a Generation of Social Entrepreneurs

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One Hen, Inc. was born: Our intended impact…

Financial responsibility

Personal initiative

Youth Philanthropy

Global Awareness

SuccessGiving

back

To help kids become global citizens who marry success to giving back

Page 6: One Hen: Sparking a Generation of Social Entrepreneurs

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….and theory of change

Financial responsibility

Personal initiative

Youth Philanthropy

Global Awareness

Website creates interactive online community for teachers

and students

Curriculum offers resources for innovative activities aligned to core

subjects

Network Trainingsequip volunteers &

educators to adopt & adapt learnings

One Hen equips educators with stories and interactive

media to help kids learn, play and make a difference for others and for themselves

Financial responsibility

Youth Philanthropy

Page 7: One Hen: Sparking a Generation of Social Entrepreneurs

Why Teach Financial Literacy?

40% of Americans say they live beyond their means

45% of college students are in credit card debt

Ages 8-14: Kids form life-long spending and saving habits

Page 8: One Hen: Sparking a Generation of Social Entrepreneurs

“10 hours of instruction can change students’ spending and saving habits.”

Children’s Financial Literacy Network

Page 9: One Hen: Sparking a Generation of Social Entrepreneurs

Fulfilling 6th Grade ELA Common Core Alignment

A particularly strong alignment to the Speaking and Listening Strands of the ELA Common Core Alignment

A strong potential to align with ELA Writing Standards, including Text, Types, and Purposes (W. 1-3), and Researching to Build and Present Knowledge (W. 7-9)

A strong potential to align with ELA Reading of Informational Texts standards, including "RI.1-3:  Key Ideas and Details” and and "RI.7-9:  Integration of Knowledge and Ideas" 

Page 10: One Hen: Sparking a Generation of Social Entrepreneurs

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Let’s look at a one of the modules - How Business Works: What was Kojo’s Business?

Page 11: One Hen: Sparking a Generation of Social Entrepreneurs

Chicken Farmer: Dr. Kwabena Darko (Kojo)

Page 12: One Hen: Sparking a Generation of Social Entrepreneurs

How Did Kojo’s Business Work?

Got a Loan

Bought a Hen

Paid Back Loan

Sold Eggs

Bought More Hens/ Started Loan Fund

Saved Money

Cared for Hen

Page 13: One Hen: Sparking a Generation of Social Entrepreneurs

What Are Business Terms for This?

- Costs

- Interest

= Profit

+ Revenue

Page 14: One Hen: Sparking a Generation of Social Entrepreneurs

Questions:

How should you set your price?

How does your revenue connect to GDP?

How can you estimate revenue?

Page 15: One Hen: Sparking a Generation of Social Entrepreneurs

What Can You Do With Profit ?

- Spend/Invest

-|+ Give

+ Save

Page 16: One Hen: Sparking a Generation of Social Entrepreneurs

What Will You Do With Your Profit?

Picture of Concord Academy kids?

Page 17: One Hen: Sparking a Generation of Social Entrepreneurs

Pocket money market of kids 4-12 in N. America.What could .5% of this do for good?

Page 18: One Hen: Sparking a Generation of Social Entrepreneurs

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Phase 1 Kids learn the story

and key lessons

Phase 2 : Kids learn how business works, form a Company and explore the needs in their

community

Phase 3: Kids produce, market and

sell

One Hen Academy Today

Phase 4: • Tally profits, repay

loans, give to a good cause

Page 19: One Hen: Sparking a Generation of Social Entrepreneurs

One Hen Program Results

• 100% of students felt confident they could succeed as entrepreneurs

• 92% of students could compare the economies of the US and Ghana

• 70% of students could use the financial terms “cost, profit, and revenue” accurately

Page 20: One Hen: Sparking a Generation of Social Entrepreneurs

Inspiring Global Citizenship & Giving Back

• On average, One Hen NHA schools raised $350 for various charities

• Majority of students learned they can effect social change in the world

• A third of students report having an expanded worldview, realizing that others are not as fortunate as them

Page 21: One Hen: Sparking a Generation of Social Entrepreneurs

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What One Hen Classrooms Funded

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Hazel’s shop in Philippines

Estefani’s laundry biz in Colombia

Athumani’s kiosk in Tanzania

Local Needs:

Food Banks, Eco-ProjectsSchool FoundationsHealth CareCommunity Aid

Page 22: One Hen: Sparking a Generation of Social Entrepreneurs

The broader movement: Impact in US of One Hen Academy Programs

2009

2013

6,000+

100 kids

Page 23: One Hen: Sparking a Generation of Social Entrepreneurs

Onehen.org resources used around the world: 17,000+ in 100+ countries$100,000+ in microloans and other giving

Page 24: One Hen: Sparking a Generation of Social Entrepreneurs

One Hen Academy in Action at Home

Students at Dever McCormack School in Dorchester fill out their business plans with E&Y professionals

Page 25: One Hen: Sparking a Generation of Social Entrepreneurs

…and Abroad

Students at Concordia International School of Shanghai marketing their One Hen products

Page 26: One Hen: Sparking a Generation of Social Entrepreneurs

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ABC Video of Dover & Canton School Programs

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Page 27: One Hen: Sparking a Generation of Social Entrepreneurs

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What Hasn’t Changed Since Launch – Learning with Educators

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“Consider making a powerpoint of how you make your product and market it.

Share it with other schools on onehen.org”

Page 28: One Hen: Sparking a Generation of Social Entrepreneurs

Scaling Thru Technology28

How are we increasing our Impact?Scaling Through Networks of Educators

Network- to -Network

School-to-School

Teacher-to-Teacher

Student-to-Student

…Around the globe

Scaling thru Networks of Volunteers

Peninsula Bridge

Page 29: One Hen: Sparking a Generation of Social Entrepreneurs

Good Luck Growing Good!