The quest for the evaluation of microfinance social performance
Several stakeholders have joined forces in recent years to facilitate consensus building on practices, indicators and standards that might serve to increase accountability and improve microfinance social performance. As a result, several sets of social standards have been developed to provide social...
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| Format: | Article |
| Language: | English |
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Universidad de Zaragoza, Cátedra de Solidaridad y Ciudadanía Global
2020-11-01
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| Series: | Revista Iberoamericana de Estudios de Desarrollo |
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| Online Access: | http://ried.unizar.es/index.php/revista/article/viewFile/351/pdf_1 |
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| author | Javier Sierra Fernando Rodriguez-Lopez |
| author_facet | Javier Sierra Fernando Rodriguez-Lopez |
| author_sort | Javier Sierra |
| collection | DOAJ |
| description | Several stakeholders have joined forces in recent years to facilitate consensus building on practices, indicators and standards that might serve to increase accountability and improve microfinance social performance. As a result, several sets of social standards have been developed to provide social performance assessment with a similar level of consistency and acceptance as those of financial performance. In this paper it is explored how standard-based evaluation methods may be used to test the underlying theory of change of microfinance, and the rate of use of existing methods in practice. Our findings suggest that social rating and social performance assessment using SPI4 are the most used methods. Nevertheless, standard-based methods are not suitable to assess the complete magnitude of microfinance social performance. Hence, microfinance social performance cannot rely on standard-based methods only, but need to use specific evaluation frameworks and indicators to fully measure microfinance effectiveness. |
| format | Article |
| id | doaj-art-5df1fb5d374543519f64552bfb065475 |
| institution | Kabale University |
| issn | 2254-2035 2254-2035 |
| language | English |
| publishDate | 2020-11-01 |
| publisher | Universidad de Zaragoza, Cátedra de Solidaridad y Ciudadanía Global |
| record_format | Article |
| series | Revista Iberoamericana de Estudios de Desarrollo |
| spelling | doaj-art-5df1fb5d374543519f64552bfb0654752025-01-03T01:47:59ZengUniversidad de Zaragoza, Cátedra de Solidaridad y Ciudadanía GlobalRevista Iberoamericana de Estudios de Desarrollo2254-20352254-20352020-11-01925410810.26754/ojs_ried/ijds.351The quest for the evaluation of microfinance social performanceJavier Sierra0Fernando Rodriguez-Lopez1University of Salamanca (Spain)University of Salamanca (Spain)Several stakeholders have joined forces in recent years to facilitate consensus building on practices, indicators and standards that might serve to increase accountability and improve microfinance social performance. As a result, several sets of social standards have been developed to provide social performance assessment with a similar level of consistency and acceptance as those of financial performance. In this paper it is explored how standard-based evaluation methods may be used to test the underlying theory of change of microfinance, and the rate of use of existing methods in practice. Our findings suggest that social rating and social performance assessment using SPI4 are the most used methods. Nevertheless, standard-based methods are not suitable to assess the complete magnitude of microfinance social performance. Hence, microfinance social performance cannot rely on standard-based methods only, but need to use specific evaluation frameworks and indicators to fully measure microfinance effectiveness.http://ried.unizar.es/index.php/revista/article/viewFile/351/pdf_1microfinance; evaluation; performance; financial inclusion; latin america |
| spellingShingle | Javier Sierra Fernando Rodriguez-Lopez The quest for the evaluation of microfinance social performance Revista Iberoamericana de Estudios de Desarrollo microfinance; evaluation; performance; financial inclusion; latin america |
| title | The quest for the evaluation of microfinance social performance |
| title_full | The quest for the evaluation of microfinance social performance |
| title_fullStr | The quest for the evaluation of microfinance social performance |
| title_full_unstemmed | The quest for the evaluation of microfinance social performance |
| title_short | The quest for the evaluation of microfinance social performance |
| title_sort | quest for the evaluation of microfinance social performance |
| topic | microfinance; evaluation; performance; financial inclusion; latin america |
| url | http://ried.unizar.es/index.php/revista/article/viewFile/351/pdf_1 |
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