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Global Microfinance Index announces early insights, Top Impact Award Winners and 3 new tools to access the data

Retrieved on: 
Thursday, July 13, 2023
Kiva, BRAC, Poverty, Health, DCI Global Partnerships, SIDI, HOPE, Symbiosis, Gojō, Business, Development, Mercy Corps, MFI, Shock, Quality of life, Advans, Woman, Human, Meal, Korean House for International Solidarity, FSP, Social capital, Opportunity International, Developed country, Assistant Secretary for Health, Access, FMO, Bank, Tutoring, Birth control, Cryptocurrency, Index, Acción, Finnfund

LONDON, July 13, 2023 /PRNewswire/ -- Microfinance is improving the quality of life, increasing the resilience of low-income customers to withstand economic shocks, and reaching people without prior access to financial services without creating over-indebtedness. By providing small loans, savings accounts, and other financial services tailored to the needs of marginalized communities, FSPs empower individuals to improve their livelihoods and break the cycle of poverty.

Key Points: 
  • Clients with group loans report a better experience with their Financial Service Provider (FSP) than those with individual loans.
  • The 60 Decibels Microfinance (MFI) Index is a groundbreaking financial inclusion initiative that exists to measure and benchmark the impact of the microfinance industry – providing high-quality, comparable social performance data for Africa, Asia and Latin America.
  • More info on the 3 MFI Index data tools can be found at https://60decibels.com/insights/mfi-data/ .
  • Full details of the winners and award criteria can be found at https://60decibels.com/mfi-awards/ .

Global Microfinance Index announces early insights, Top Impact Award Winners and 3 new tools to access the data

Retrieved on: 
Thursday, July 13, 2023
Kiva, BRAC, Poverty, Health, DCI Global Partnerships, SIDI, HOPE, Symbiosis, Gojō, Business, Development, Mercy Corps, MFI, Shock, Quality of life, Advans, Woman, Human, Meal, Korean House for International Solidarity, FSP, Social capital, Opportunity International, Developed country, Assistant Secretary for Health, Access, FMO, Bank, Tutoring, Birth control, Cryptocurrency, Index, Acción, Finnfund

LONDON, July 13, 2023 /PRNewswire/ -- Microfinance is improving the quality of life, increasing the resilience of low-income customers to withstand economic shocks, and reaching people without prior access to financial services without creating over-indebtedness. By providing small loans, savings accounts, and other financial services tailored to the needs of marginalized communities, FSPs empower individuals to improve their livelihoods and break the cycle of poverty.

Key Points: 
  • Clients with group loans report a better experience with their Financial Service Provider (FSP) than those with individual loans.
  • The 60 Decibels Microfinance (MFI) Index is a groundbreaking financial inclusion initiative that exists to measure and benchmark the impact of the microfinance industry – providing high-quality, comparable social performance data for Africa, Asia and Latin America.
  • More info on the 3 MFI Index data tools can be found at https://60decibels.com/insights/mfi-data/ .
  • Full details of the winners and award criteria can be found at https://60decibels.com/mfi-awards/ .

Global financial inclusion initiative expands to collect over 1 million unique data points in 2023

Retrieved on: 
Tuesday, June 6, 2023
Kiva, BRAC, Global Partnership for Effective Development Co-operation, Opportunity International, SIDI, HOPE, Fahd of Saudi Arabia, Symbiosis, Business, Gojō, Development, Mercy Corps, MFI, Advans, Korean House for International Solidarity, Social capital, Gold, Collection, Investment, Access, FMO, Tutoring, Cryptocurrency, Wood-plastic composite, Index, Acción, Finnfund

LONDON, June 6, 2023 /PRNewswire/ -- 60 Decibels, a global impact measurement company, is excited to announce the 2023 Microfinance Index (MFI Index), gathering over 1 million unique data points. The Microfinance Index is a groundbreaking financial inclusion initiative that provides high-quality, comparable impact data for the microfinance industry, driven entirely by client voices.

Key Points: 
  • The Microfinance Index is a groundbreaking financial inclusion initiative that provides high-quality, comparable impact data for the microfinance industry, driven entirely by client voices.
  • The Index is designed to complement and integrate with existing frameworks and standards in microfinance, impact investing, and international development.
  • The 2023 MFI Index provides data aligned to IRIS+ metrics and the five dimensions of impact guidance established by the Impact Management Project.
  • To learn more and sign up to receive the 2023 Microfinance Index, please visit https://60decibels.com/mfi-index/

Global financial inclusion initiative expands to collect over 1 million unique data points in 2023

Retrieved on: 
Tuesday, June 6, 2023
Kiva, BRAC, Global Partnership for Effective Development Co-operation, Opportunity International, SIDI, HOPE, Fahd of Saudi Arabia, Symbiosis, Business, Gojō, Development, Mercy Corps, MFI, Advans, Korean House for International Solidarity, Social capital, Gold, Collection, Investment, Access, FMO, Tutoring, Cryptocurrency, Wood-plastic composite, Index, Acción, Finnfund

LONDON, June 6, 2023 /PRNewswire/ -- 60 Decibels, a global impact measurement company, is excited to announce the 2023 Microfinance Index (MFI Index), gathering over 1 million unique data points. The Microfinance Index is a groundbreaking financial inclusion initiative that provides high-quality, comparable impact data for the microfinance industry, driven entirely by client voices.

Key Points: 
  • The Microfinance Index is a groundbreaking financial inclusion initiative that provides high-quality, comparable impact data for the microfinance industry, driven entirely by client voices.
  • The Index is designed to complement and integrate with existing frameworks and standards in microfinance, impact investing, and international development.
  • The 2023 MFI Index provides data aligned to IRIS+ metrics and the five dimensions of impact guidance established by the Impact Management Project.
  • To learn more and sign up to receive the 2023 Microfinance Index, please visit https://60decibels.com/mfi-index/