Building Vibrant and Inclusive Financial Sectors: Success Indicators for Microfinance Associations
This publication sets out indicators that help to quantify the success of microfinance associations (MFAs).
MFAs promote financial access through the development of inclusive financial sectors that provide appropriate services to poor and low-income people. Given the role they play in strengthening the microfinance sector, it is important that associations clearly identify their development goals and measure the impact of their efforts on the industry. The SEEP Network, in partnership with the Citi Foundation, engaged a wide range of associations and other key industry stakeholders in a global effort to define metrics of success for the industry. The resulting consensus indicators measure the success of associations at three distinct levels:
- Performance of the association itself;
- Results of the association’s member MFIs;
- Industry quality.
Together, these measurements provide a snapshot of the success that an association has had in promoting financial inclusion. Finally, SEEP has established certain basic success targets, based on industry trends in an effort to help set standards for the industry.
