Probably one of the biggest issues facing microfinance today is that of impact. To what extent has microfinance actually affected global poverty? In what ways can its impact be measured, and how sustainable is it? Will it continue to grow? Though I agree that understanding impact is crucial and developing social impact studies and matrices is a valuable undertaking, I question the ability we have to concretely measure the more soft-data effects. How does one quantify the feeling of being better off?
One of the main responsibilities of Kiva fellows is to assist with the...Continue Reading >>