The Truelift Indicators are now available in the SPI4

Photo courtesy of Carsey

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CERISE and SPTF have created, with the support of their membership, the SPI4, a universal social performance assessment tool that integrates emerging industry social performance standards. MFIs can use the SPI4 as a self-assessment tool, or with the assistance of someone trained in the SPI. This blog post was originally published by Truelift on July, 29 2015.


The Truelift Indicators Tool has been streamlined and incorporated into the SPI4 as the pro-poor module. The SPI4 is a universal social performance assessment tool that integrates emerging industry social performance standards (Read more about the SPI4).

The streamlined SPI4 Truelift pro-poor module not only significantly reduces the number of indicators that need to be answered, it also contains guidance and examples of compliance for each indicator, easing practitioner completion of the self-assessment.

Completed SPI4 Truelift pro-poor modules can be still be submitted to Truelift by emailing the Excel file to info[at]truelift.org with the subject “Institution Name: SPI4 Truelift pro-poor module” to get verified and recognized as an Aspirant Milestones institution.

Download and complete the Truelift pro-poor module in the SPI4.

Social Performance Reporting – A Bandwagon You Should Be On

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Micol Pistelli, Director of Social Performance at the MIX writes about social performance reporting & some of MIX’s future plans. Español Français Continue reading

From Intent to Action: Resources to Pursue Responsible Inclusive Finance

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Dina Pons of Incofin IM, the moderator of the workshop, “Responsible, client-centric practices at every level, and demonstrated commitment to fulfilling its mission,” started the presentation with the following description of Responsible Inclusive Finance:

Every institution along the value chain of “responsible inclusive finance” – whether socially or financially motivated – employs responsible, client-centric practices at every level of its business and demonstrates commitment to fulfilling its mission.

Read the summary of proceedings for this workshop.

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Strategic Partnership To Deliver Social Performance Assessments

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Moody’s and the Microfinance Centre (MFC) made an exciting announcement recently about a new strategic partnership to help microfinance institutions track and compare social performance with the Moody’s Analytics Social Performance Assessment (SPA), bringing attention to the important question of whether we are truly having a positive effect on the lives of the poorest and most vulnerable. Moreover, the SPA will help social investors to identify and support those MFIs that do.

Join us in the Philippines this October 9-11 for the 2013 Partnerships against Poverty Summit where representatives from Microfinance Opportunities, Moody’s Financial, and Alexandria Business Association – Small and Micro Enterprise will discuss how practitioners are using technology to better facilitate serving the poor and whether it can truly strengthen an institution’s social mission in the workshop “Mobile Banking: Perspectives on Challenges and Ways Forward.” Is it, in fact, a feasible means to serve the very poor? Join this panel to learn about solutions that will help make digital platforms more powerful resources for moving out of poverty.

Register today for the 2013 Summit! www.partnershipsagainstpoverty.org

Photo credit:  Equitas


Microfinance Centre to deliver Moody’s Analytics Social Performance Assessments

Warsaw, September 9, 2013 – Moody’s and the Microfinance Centre (MFC) have launched a new strategic partnership in Europe and Central Asia to deliver the Moody’s Analytics Social Performance Assessment (SPA) of microfinance institutions and operations.

This new partnership is part of Moody’s commitment to provide globally comparable assessments with local market expertise for microfinance programs. It also builds on the MFC’s vision for a sustainable and mission-focused industry. Moody’s Social Performance Group and the MFC are aligned in their commitment to ensure microfinance institutions assist the poor and underserved.

“Moody’s brings over 100 years experience in ratings and assessments while the Microfinance Centre was the first global player to work on social performance issues,” said Jody Rasch, Senior Vice President, Social Performance Group at Moody’s Analytics. “The Microfinance Centre brings a local practitioner’s perspective to the table and we are very excited to work with an organization with such a great track-record.”

“The Microfinance Centre continues to advance responsible finance and in particular social performance throughout Europe and Central Asia,” said Katarzyna Pawlak, Deputy Director of MFC. “Moody’s Analytics Social Performance Assessments will help those organizations track and compare performance, which will help bring needed attention of social investors to this sector.”

The SPA is based on a global methodology developed by Moody’s Analytics through extensive market research and participation from over 100 microfinance institutions, investors, and service providers including the Social Performance Task Force, the MIX, the SMART Campaign and others. The SPA uses a scale ranging from SP1, the highest grade, to SP5, the lowest.

About the Microfinance Centre
MFC is a regional microfinance resource center and network which brings together 103 organizations (including 78 MFIs) in 27 countries of Europe and Asia, who aid over 800,000 low-income clients. Its mission is to contribute to poverty reduction and the development of human potential by promoting a socially-oriented and sustainable microfinance sector that provides adequate financial and non-financial services to a large numbers of low income families and micro-entrepreneurs.

About Moody Analytics’ Social Performance Assessments
Moody Analytics’ SPA is an independent analysis of the operations of a microfinance institution that helps stakeholders better understand how effective it is at translating its social mission into practice.

Moody’s Analytics SPA has been recognized by the Clinton Global Initiative for contributing to the development of the microfinance industry through the creation of a comprehensive, global standard to measure social performance. Further information is available here.

About MFC’s Responsible Finance work
Since 1999, MFC has worked with practitioners and support organizations on impact assessments, social performance management, client protection, and social responsibility towards clients, shareholders, community and environment. Over 100 MFIs have benefited from MFC’s trainings, workshops, guidelines, advice and institutional assessments, and significantly more from awareness raising events. Learn more here.

About Moody’s Analytics
Moody’s Analytics helps capital markets and credit risk management professionals worldwide respond to an evolving marketplace with confidence. The company offers unique tools and best practices for measuring and managing risk through expertise and experience in credit analysis, economic research and financial risk management. By providing leading-edge software, advisory services, and research, including the proprietary analysis of Moody’s Investors Service, Moody’s Analytics integrates and customizes its offerings to address specific business challenges.

For more information please contact:
ABBAS QASIM
VP, Communication Moody’s Analytics
212.553.0041
abbas.qasim@moodys.com

LILIYA PESKOVA
Project Coordinator & Relationship Manager, Central Asia
Microfinance Centre
48.22.622.34.65 ext. 212
liliya@mfc.org.pl

Creating a Community of Partnerships to End Poverty

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If your vision is to create a better world, you have to see poverty as a social problem. EspañolFrançais Continue reading

Does promoting entrepreneurial activity undermine women’s empowerment?

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A study of MIX data found that countries that have more liberalized markets can also support a lot more microfinance activity. However, they also found that the same factors that would make a country attractive to MFIs also made it less likely that they would lend to women. Continue reading

MIX – Annual Global 100 Composite Ranking

The MIX has released the annual Global 100 Composite Ranking. Using 2007 data submitted by microfinance institutions throughout the developing world, MIX created a ranking and report to illustrate the successes – and challenges – MFIs experience in providing financial services to the unbanked. This ranking attempts to provide a composite picture of MFI performance, and is a good starting point for analysis of institutions operating in the sector.

Access the publication here: http://www.mixmbb.org/Publications/001-IND/01-IND.ANLS/MFI%20Analysis/2008%20MIX%20Global%20100%20Composite.pdf