The Foundation, partner of the 2019 Microfinance Barometer
Since 2010, Convergences has published an annual Microfinance Barometer that tracks the main trends in the sector at the international level while giving visibility to microfinance initiatives with a strong social impact and promoting best practices. This year, the Grameen Crédit Agricole Foundation is a partner of the Microfinance Barometer, the 10th edition of which will be launched at the Convergences World Forum, which will take place on September 5 and 6 at the Palais Brongniart in Paris.
With the theme "What are the profitability levels for microfinance?", the 9th Microfinance Barometer presents key figures for the sector and explores the issue of profitability in its many facets. Should microfinance be profitable? If so, can it be while remaining socially responsible? Can it remain true to its aspirations of enabling, through financial inclusion, the escape from poverty of nearly 2 billion people without access to banking services? How can social performance and financial profitability be combined to best serve beneficiaries?
From microfinance institutions to investors, the Barometer compares different perspectives and highlights the strong interdependence between social and economic performance. Through case studies, expert analyses, and interviews with investors, this edition provides an overview of microfinance profitability and provides insights into the dual returns—social and financial—of microfinance.
To download it: here
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