Overview
Evaluating the effectiveness of microfinance programs is essential for understanding their impact on individuals and communities. By assessing both financial and social outcomes, stakeholders can determine how well these programs are achieving their goals. Effective evaluation involves a combination...
Key Terms
Example: Microfinance institutions offer small loans to entrepreneurs in developing countries.
Example: Impact assessments help determine if a microfinance program has reduced poverty levels.
Example: Microfinance aims to promote financial inclusion by providing loans to those without bank accounts.
Example: A sustainable microfinance program can continue to serve clients without relying on donations.
Example: Social outcomes may include improved education and health as a result of microfinance.
Example: Data analysis helps identify trends in the effectiveness of microfinance programs.