14th Annual World Microfinance Forum
At the 14th UNIGLOBAL Annual Microcredit Forum in Munich on March 15-16, Jurgen Hammer, Director of Risk and Social Performance at the Gramen Crédit Agricole Foundation, participated in the panel discussion: "Microfinance and Impact Investment: Creating Value and Protecting the Client." The panel included representatives from Incofin, BIO, and KfW.
Jurgen Hammer presented an overview of social performance management in inclusive finance, the development and application of the Universal Standards and the SPI4 assessment tool. He encouraged the sector to apply best practices in responsible and inclusive finance and to measure performance through its Universal Standards and actively manage improvements. His presentation concluded with an example of concrete implementation by the Grameen Crédit Agricole Foundation, which, for the second consecutive year, conducted a social performance assessment of its partners' portfolio in 2017 and a comparison of reference groups for in-depth qualitative analysis.
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Created in 2008, under the joint leadership of Crédit Agricole SA's management and Professor Yunus, 2006 Nobel Peace Prize winner and founder of Grameen Bank, the Grameen Crédit Agricole SA Foundation is a multi-sector operator that contributes to the fight against poverty through financial inclusion and social impact entrepreneurship. As an investor, lender, technical assistance coordinator, and fund advisor, the Foundation supports microfinance institutions and social enterprises in nearly 40 countries.
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