The quest for the evaluation of microfinance social performance

  1. Javier Sierra 1
  2. Victoria Muriel-Patino 1
  3. Fernando Rodriguez-Lopez 1
  1. 1 University of Salamanca (Spain)
Aldizkaria:
Revista Iberoamericana de Estudios de Desarrollo= Iberoamerican Journal of Development Studies

ISSN: 2254-2035

Argitalpen urtea: 2020

Alea: 9

Zenbakia: 2

Orrialdeak: 54-108

Mota: Artikulua

DOI: 10.26754/OJS_RIED/IJDS.351 DIALNET GOOGLE SCHOLAR lock_openDialnet editor

Beste argitalpen batzuk: Revista Iberoamericana de Estudios de Desarrollo= Iberoamerican Journal of Development Studies

Laburpena

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.

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