Results of the first microfinance index with 60 Decibels

The Grameen Crédit Agricole Foundation participated as a co-financier in the first 60-Decibels microfinance index.

18,000 clients from 72 microfinance institutions in 42 countries were surveyed to measure microfinance outcomes in five areas (access to financial services, business impact, household impact, financial management, and resilience) to better assess the impact of microfinance institutions and build benchmarks.

While microfinance is generally successful in reaching people without access to financial services, improving their financial management and quality of life, and increasing their capacity to cope with shocks, the results in terms of impact on businesses and households are more nuanced.

Read more about the results in an article on Forbes.com and download the full report on the 60-Decibels site.