May 10, 2009 — Caitlin Weaver reviews a number of recent articles on the Innovations for Poverty Action Blog. She addresses two questions: does microfinance alleviate poverty? and is the commercialization of microfinance a good or bad thing?
The International Fund for Agricultural Development released a paper called, “Assessing and Managing Social Performance in Microfinance.” To date, it is the best paper I have read on the importance of a success metric for microfinance institutions other than the traditional bottom line.
To provide a little context for the paper, let me describe why grantors, [...]