New guidelines to help investors measure success of microfinance institutions

According to this news article, socially responsible investors are choosing to invest in microfinance to help alleviate poverty. By means of often very small loans, financial services, and technology, microfinance helps the poor, often women, to start self-sustaining businesses in order to escape poverty. In order to help microfinance institutions measure and manage the social progress of their clients, the Grameen Foundation have commissioned the development of the Progress out of Poverty Index (PPI). The overall objective is to help microfinance institutions be more effective at poverty alleviation.

Source:

SocialFunds.com Date published: 24/02/2009

Further information


Categorisations

Partnership types

Doing business with the poor

Regions / countries / territories

Europe: United Kingdom

Global issues

Community development; Job creation and enterprise development; Financial accessibility...show all (3)