Money with a Mission: Microfinance and poverty reduction, Volume 1
James G. Copestake, Alyson Brody, Martin Greeley, Katie Wright-Revolledo
ITDG, 2005 - Business & Economics - 253 pages
This book presents the findings of an action research programme into how far poverty-oriented microfinance institutions (MFIs) in Africa, Asia, and Latin America are contributing to global poverty reduction, and how they can do so more effectively.Martin Greeley reviews evidence on their success in reaching poorer clients and improving the average income and wealth of their clients. Naila Kabeer reviews evidence on performance against a wider array of indicators, including women’s empowerment, citizenship rights, and social inclusion. Susan Johnson is more cautious, suggesting that the contribution of MFIs to the overall growth of financial services in selected parts of Africa and India remains small. James Copestake reviews evidence on the organizational factors that influence achievement of MFIs’ social as well as financial goals, as well as progress in routinely monitoring and managing social performance.This covers how MFIs can manage their ‘double bottom lines’ more effectively, as well as what public and private investors in microfinance can do to help them. The bigger challenge, linking up with the wider movement for corporate social responsibility, is to find ways to do so across the entire financial sector.
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Sustainable poverty outreach
1 FINCA expenditure assessment and poverty scoring
16 other sections not shown
achieve activities analysis areas Bangladesh Bolivia BRAC CARD cent CERUDEB CGAP chapter client assessment context Copestake cost COVELO CYSD donors DWCRA effects evidence example external financial institutions financial performance financial services financial sustainability FINCA FINCA International FINRURAL focus food security funding goals group members Honduras households Imp-Act partners Imp-Act programme impact assessment important improve income indicators internal Kabeer Kenya LAPO lending levels loans mature clients mature members membership methodology MFIs microfinance Millennium Development Goals mission drift monitoring networks non-clients non-members operational Opportunity International organizational learning organizations participation poor poverty line poverty outreach poverty reduction poverty status PRADAN PRIZMA PROMUC relationships reported Romania Rural SACCOs sample sector SHARE SHGs significant Slovakia social impacts social mission social performance assessment staff strategy strong studies survey Table targeting trust Uganda vertical networks village banking women