If there is one thing that the microfinance industry needs, its more and better performance indices. It looks like that is precisely what the Grameen Foundation USA (GFUSA) is serving up with a novel tool for tracking poverty alleviation called the Poverty Progress Index (PPI).
The UN Millennium Development Goals have placed a large challenge on the table: halve the number of people living in extreme poverty by 2015. In order to meet this challenge, effective means of measurement and evaluation are essential. In response to this need, Grameen Foundation USA has created this PPI measurement and management tool.
Continue reading “Another Scorecard for Microfinance Investing: Grameen Foundation USA Introduces Poverty Progress Index”
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