By Dirk Elsen, Director of Emerging Markets at Triodos Investment Management
'We all read the stories in the media about microfinance institutions charging over 100% interest on their loans and making way too much profit from the very people they claim to serve. These statements are not new. Making too much profit is not responsible practice. I’m sure that all players in the inclusive finance sector agree with that."
Read more: http://www.triodos.com/en/investment-management/who-we-are/news/newsletter-emerging-markets/dirk-elsen-how-much-is-enough/
Thursday, June 13, 2013
Reflections on Annual SPTF Meeting: Balanced Returns and Understanding Microentrepreneur's Profit Margins
Last
week, the Social Performance Task Force (SPTF) held its annual meeting in
Panama City, Panama. A large part of our attention at this meeting was on
better defining “balanced returns” – the balance between the social and
financial performance of MFIs and investors and how this ultimately affects the
end-clients. Grassroots has been focusing on this balance dating back to
the early days of microfinance investing and actively supportive of the SPTF’s
ongoing work to develop guidance and indicators on this controversial topic. A
few key highlights below:
Subscribe to:
Posts (Atom)