MICROCAPITAL BRIEF: MFR Releases Impact Assessment Rating Service for Microfinance Institutions

Microfinanza Rating (MFR), an Italy-based rating agency focusing on “inclusive and sustainable finance,” recently unveiled its Impact Assessment service, which it describes as offering “external, reliable and independent validation of the changes generated by the financial institution’s activities, in its clients’ li[ves].” The assessment uses indicators based on

MICROCAPITAL BRIEF: Smart Campaign at Accion to Close; SPTF, CERISE to Preserve Its Client Protection Standards, Online Resources

The Smart Campaign, an initiative of the US-based Accion’s Center for Financial Inclusion (CFI), recently announced that it would wind down following ten years of activity. Two nonprofit partners of the initiative, the US-based Social Performance Task Force (SPTF) and France-based Comité d’Echange, de Réflexion et sur les Systèmes d’Epargne-Crédit (CERISE), have agreed to continue the evolution of the Smart Campaign Client Protection Standards, thereby “ensuring that [this tool] continues to be the ‘do no harm’ foundation of social performance management” (SPM). SPTF and CERISE also will