“I propose that MFIs must receive objective third-party certification before claiming to be double bottom line organizations.” @AlexCounts, Summer 2008 http://ow.ly/dYjwv #microfinance #globalpov #impact #sealofexcellence
Sometimes a simple solution is the best response to #poverty: here @OneAcreFund demonstrates a simple tool made of string and bottlecaps for farmers to improve their yield. http://ow.ly/i/XIuV
“The most important response we can give to Sinclair’s book is to address this problem directly, to come up with systems and solutions that give investors and donors independent information on not only the financial performance of a microfinance institution, but also the degree to which the practices of the MFI match the ethical values …
We have conducted three Beta Tests of the Seal indicators in Jordan, Bolivia and South Africa. http://ow.ly/dFg6X Results are promising!
The Seal of Excellence draws attention to those MFIs that are going the extra mile to help the most excluded people in the world. Read about Banco D-MIRO’s work with people with disabilities in Ecuador. http://ow.ly/dxQQl
Learn how @Fonkoze has adapted insurance to serve clients living in disaster-prone parts of Haiti. Understanding and fulfilling client needs are part of the pathway to the Seal of Excellence. http://ow.ly/dxzdl
Congratulations to our friends @BRAC, @GrameenFdn, @Accion, @ProMujer, @FFH, @Kiva, @Opportunity, @Fonkoze, @FINCA, @WWB! http://ow.ly/duOUv