First Recipients of New Social Performance Reporting AwardAsasah Pakistan, AMK Cambodia, Finca Peru, Prisma Peru
MIX congratulates the first recipients of the new Social Performance Reporting Award, sponsored by CGAP, the Michael & Susan Dell Foundation, and Ford Foundation, using data supplied by MIX.
Asasah from Pakistan received the Silver Award; AMK in Cambodia, Finca Peru, and Prisma Peru received the Gold Award. The MFIs were presented their certificates at the annual Social Performance Task Force meeting in Madrid, Spain earlier this month.
The award is designed to promote greater transparency in MFIs’ social performance and to encourage MFIs to report on the newly established social performance indicators. The award recognizes transparency in social performance reporting, not social performance achievements. Performance indicators, such as return on assets, portfolio at risk, or operating efficiency, will not be considered. All regulated and nonregulated financial institutions and NGOs that offer microfinance services are encouraged to participate.
Click here for more information about the Social Performance Reporting Award.
Click here for more information on the Social Performance Task Force.