Read our new publication, ‘Vulnerability: The State of the Microcredit Summit Campaign Report, 2013’


On February 5th, we launched Vulnerability: The State of the Microcredit Summit Campaign Report, 2013 with a panel discussion that dug into the main themes of the report: the promise of mobile technology, the ramifications of the psychology of scarcity for microfinance providers, and developing appropriate products that meet the needs of clients.

Report author and Microcredit Summit Campaign director, Larry Reed, shared the stage with Susy Cheston (Senior Advisor, the Center for Financial Inclusion at ACCION), Wendy Abt (Deputy Assistant Adminstrator, USAID), Alexia Latortue (Deputy CEO, CGAP), and David Roodman (Senior Fellow, Center for Global Development). Susy Cheston moderated the panel discussion.

Report highlights

  • Scarce resources lead to a high demand for borrowing and a willingness to pay a high price for doing so. Learn more.
  • The real potential of mobile technology, which has so far provided more promises than results, lies in how we use it to provide more relevant services at lower costs. Learn more.
  • Recommendations for the industry to change our focus to client outcomes. Learn more.

To read the report, visit

If you’d like to order a copy of the report, fill out our online form.

Watch the recording from the event

This is the full video recording of the launch event held Tuesday, February 5, 2013 at Busboys and Poets in Washington, D.C.

4 thoughts on “Read our new publication, ‘Vulnerability: The State of the Microcredit Summit Campaign Report, 2013’

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  3. Dear friends,

    First and foremost, allow us to congratulate you on the publication of this latest report. We applaud your efforts in keeping the microfinance industry firmly focused on outcomes for our clients.

    We especially appreciate the report’s strong focus on designing appropriate products and services to meet the diverse needs of different client groups, and the practical cases you include to highlight what is possible. Much of the work of the Social Performance Task Force in recent years has centered on developing the new Universal Standards for Social Performance Management (USSPM). The Universal Standard around appropriate product design outlines key points of “good practice” for providers, including understanding the needs of different groups of clients, ensuring that products do no harm, and indeed that they create benefits for clients in line with the institution’s social goals. We would invite microfinance providers, who are inspired by your excellent stories of institutions innovating around appropriate product design, to use the USSPM as a resource — not only for self-regulating their SPM practice, but also improving it over time.

    Again, our hearty congratulations, and keep up the good work!
    The Social Performance Task Force

    Learn more about the Universal Standards:

    • Thanks Laura and all our friends at SPTF. We agree that the Universal Standards are a great place to start when designing products and improving services. We want to work with you to make sure that these standards guide the industry.


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