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).
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.
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 →
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.