Guest-blog by Anne Hastings, Executive Director, Microfinance CEO Working Group. Cross-posted from CFI-Accion.
At a time when microfinance has fallen out of favor in mainstream development circles and when investors are asking to see metrics showing the impact of their funding, it is especially important to base our discussions of poverty outreach on empirical research. Grameen Foundation and the International Finance Corporation (IFC) recently published a study that does just this. Factors Influencing Poverty Outreach Among Microfinance Institutions in Latin America (also available in Spanish) takes a close look at poverty outreach data from 14 microfinance institutions (MFIs) across six Latin American countries and is the first study of its kind in the region.
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