Resource ID: INDIGO-ARES-0044
Link: http://www.microrate.com/productos/areas/16/
To measure the level of social return from an investment in a microfinance.
The first component—social results—evaluates the MFI’s capacity, efficiency, and consistency in achieving its social mission by considering depth and diversity of services; cost, efficiency, and sustainability; and institutional responsibility. The second component —social commitment— assesses the MFI’s focus and the chances of potential deviation from the social mission by examining the MFI’s mission, communication, management, strategic planning, monitoring, client protection, customer service, recruitment and training, and incentive system. After analyzing these two components, MicroRate arrives at a social rating grade.
Impact goal: SDG oriented, Social impact, Development poverty reduction
Internal/external: External, Internal
Leader: MicroRate
Method: Operational data, Theory of change, Mission alignment, Ex ante projections
Output format: Ordinal
Scale: Micro
Sourcing: Outsource to vendor
Time frame: Ongoing, Retrospective
Type: Consultancy
Used in sectors: Development, Microfinance, Sustainability eco
Who: Third sector, Private sector
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