Home » Tag Archives: Responsible Finance (page 2)

Tag Archives: Responsible Finance

My Home, My Responsibility

Funder: The project is supported by Obywatele dla Demokracji Program, finansed by EOG grants  Partners: Habitat for Humanity Poland; Młodzieżowy Ośrodek Wychowawczy Księży Orionistów (MOW) Helping delinquent youth successfully transition from foster care into independent adult life means equipping them with the personal money management skills they often lack. The MFC has teamed up with Habitat for Humanity Poland and delinquent youth ...

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Increasing Access to Finance for Rural Population in Belarus

   Funder: USAID     Partner: Republican Microfinance Center Financial services can be a lifeline to low-income people, when used correctly. We’re working in Belarus to build the capacity of the Republican Microfinance Centre to provide training on budget management and saving to low-income communities. As part of this, our master trainers are rolling out our Plan Your Future and Debt Management modules across ...

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Promoting Women’s Entrepreneurship in Rural Azerbaijan

 Funder:  European Union   Partner: Azerbaijan Microfinance Association (AMFA)We’re boosting women’s entrepreneurship in rural Azerbaijan through an important three-year collaboration with the AMFA Network. Our aim is to train at least 1,650 women in 8 rural areas to better manage their household finances, develop or launch their own business, or find a job in the financial sector.News Financial education in Azerbaijan: Read ...

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Social Performance Fund

Funder: Ford Foundation   Partner: CERISE The SP Fund promotes the broad adoption of the Universal Standards for Social Performance Management. Our aim is to promote SPM implementation by building the capacity of national associations and MFIs to use the SPI4 tool to manage and report on their social performance. Geography: Global    SP country report – Azerbaijan, prepared by AMFA launched in Baku ...

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Client Protection

The industry’s growing concern around client protection is an effort to ensure fair, responsible and transparent services for clients. MFC primarily goal is to be industry leaders in good practice microfinance and promote and implement Consumer Protection Standards. We want to be a network of members who are fully compliant with Client Protection Standards. Therefore we encourage our members: MFI, ...

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Social Performance Management (SPM)

Established in 1999, our global SPM program works with networks and MFIs on assessment and capacity building projects in order to develop systems and improve practice towards strengthening the double-bottom line of microfinance Our SPM work includes: The Social Performance (SP) Fund The Social Performance (SP) Fund develops the capacity of 52 microfinance networks to work with their members on ...

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Learn more about SPM

The microfinance industry is in a period of fast growth, both in terms of complexity, but also competition. In this environment, achieving and staying in tune with the mission is a real challenge for MFIs. Mission-driven MFIs will find a number of resources online, developed to help them achieve their double bottom-line. These are: The Universal Standards The Universal Standards ...

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Kosovo: Study on the risk of over-indebtedness

This study sought to understand whether there is a problem of (over-)indebtedness among microcredit clients in Kosovo. Through analyzing credit bureau data and conducting surveys with financial institutions and clients, we were able to: understand the debt levels and underlying borrowing patterns of clients identify demand- and supply-side factors influencing over-indebtedness recommend solutions to over-indebtedness. This initiative was endorsed and supported ...

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Azerbaijan: Study on the risk of over-indebtedness of microcredit clients

This study on the risk of over-indebtedness in the ECA region was carried out in partnership with the Azerbaijan Micro Finance Association (AMFA). The objectives were to: Understand the debt levels and underlying borrowing patterns of clients Identify demand and supply factors that influence over-indebtedness Recommendations solutions for over-indebtedness in the country. Project dates May 2011 – August 2012 Supported ...

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Over-indebtedness of microfinance clients

Since 2008, MFC has studied drivers and deterrents of client over-indebtedness through annual MFI mapping studies and targeted country studies Our work reveals worrying trends around the scale of multiple borrowing and cross-borrowing from different financial institutions. The major lessons emerging include: Key drivers of repayment problems: Number of loans: clients with multiple loans are more likely delay payments Loan ...

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