Follow our microfinance actions
12.09.2019 | CSR
Convergences publishes the Microfinance Barometer, which presents the sector’s main trends from around the world. The Microfinance Barometer, published as part of the 12th Convergences World Forum, in which BNP Paribas is a partner, looks back on microfinance developments over the past 10 years.
Through case studies, expert analysis and interviews, this report highlights the changes in this sector.
How have the excessive debt crises from the 2010s made it possible to improve social impact management practices? New technologies are helping drive improvements in microfinance performance, but how can we ensure that they are used responsibly? What lessons can microfinance teach the new players from the responsible finance field? What is the future of microfinance faced with strong growth in impact investing?
"The way towards a world where everyone has access to financial services is still long. Microfinance sector’s stakeholders therefore have room for growth. Large private microfinance institutions and microfinance investment vehicles (MIVs) can be instrumental in the fight against these inequalities. [...] Together with financial and social dimensions, environmental performance is on track to become a new standard for the microfinance sector. And that triple bottom line could just be the new opportunity for the sector to show its relevance and impact."
Alain Levy, Head of Microfinance for Americas and Asia, BNP Paribas
Together with financial and social dimensions, environmental performance is on track to become a new standard for the microfinance sector.
Photo header ©MICHEL