by James Han, KF9 Cambodia (AMK)
We typically measure the impact of microfinance through financial measures. What interest rates are the microfinance institutions (MFIs) charging? Has the client’s business experienced increased profits? Has a population increased its household income? These are all valid questions and are at the center of measuring the effectiveness of microfinance.
But, I was recently inspired by the broader social impact that microfinance can have. While the “social bottom line” may not be as quantifiable as interest rates or household income,...Continue Reading >>