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Beirut - May 2009
The Human Impact: Measuring Changes in Client’s lives
Barbara MarcussenMicrofinance Officer
Sanabel 6th Annual Conference
OIKOCREDIT
OIKOCREDIT PROFILE
• International development finance institution since 1975
• Over 30 yrs in development financing: MF, other sectors
• Active in 68 countries
• Leading privately funded , not donor funded
• Supported by over 33,000 socially responsible investors and
600 institutional members
• TOTAL MEMBER CAPITAL OUTSTANDING: € 365 million (as of Dec08)
OIKOCREDIT: A SOCIAL INVESTOR
• Recognized as socially responsible by well-respected screening agency, Ethibel
• Open and transparent communication with partners
• Client Protection Rights
• Values based on integrity and sharing
• Dual returns for investors:
High social return / Modest financial return
FINANCING CRITERIA
• Served the broad range of institutions (small, young,
mature to large MFIs)
• Largest number of partners worldwide (480 MFIs)
• Benefit income generating activities of disadvantaged
entrepreneurs
• Positive contribution to social and economic development
• Women’s participation
SOCIAL PERFORMANCE MANAGEMENT
Focus : Our Partners
Purpose: Challenge our partners to be accountable to their social goals and objectives, thus challenging Oikocredit
Dual Strategy 1) Internal: - SPM Information System - Capacity building
2) External: - Technical Assistance to Partners - Networking within the Industry
SP- Internal management: A. Information system
Development of a database with social indicators
- Target groups
- Scope of activities
- Geographical outreach
- Policies and tools used to monitor social performance
Grameen Foundation: => Progress our of Poverty Index (PPI)
Piloting countries: Peru & Philippines
- Developed a core of trainers jn PPI tool, - Developed data capture systems - MFIs and cooperatives introduced to PPI use- Establishing learning networks for PPI practitioners at
country and intercontinental levels.
SP- Internal Management:B. Capacity Building
SP- Internal Management:B. Capacity Building
CERISE:
=> Social Performance Indicator (SPI) tool
2008:
- Piloting phase: 25 projects in Central America, South America and the Caribbean region
2009:
- Capacity building of staff in the use of SPI
- CERISE’s feedback on results as SPI is applied to other partners
SP- External relationsA. Technical Assistance
Besides PPI and SPI, promotion of other SP tools:
- Supported 5 Social Ratings for partners in Peru
- Impact Assessment Studies & Technical assistance - The Philippines with MFI PFALSI (completed) - Côte d’Ivoire with market cooperative, Cocovico in progress)
- Consultancies; training seminars and information on systems
(MIS, accounting, etc)
- Introduction of SROI (Social return on Investment) to partners in
the Philippines, Indonesia and Cambodia
SP- External relations B. Networking• ILO : Research on Microfinance for Decent Work: 15 MFIs, Oikocredit’s partners are participating as case
studies (from MENA, Asia, Central Asia, Latin America)
• Participation in road show promoting SP organized by MFC in Central Asia
• CERISE: developing Social Audit tool for Social Investor Comprehensive and systematic social audit of Oikocredit
(pilot)
SP- External relations B. NetworkingDevelopment of social performance awareness:
- Dutch Platform for Microfinance
- European Platform for Microfinance
- Social Investor’s subcommittee of the Social Performance Task Force
- Global campaign for the Promotion and Protection of client’s rights.
Thank you for your attention!
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