Steve Wright is Director of the Social Performance Management Center at Grameen Foundation.
The team at the Grameen Foundation Social Performance Management Center (SPMC) is trying to solve a problem fundamental to poverty alleviation: how to accurately measure who is reaching the poor and to what extent. The Progress out of Poverty Index® (PPI®) is the necessary first step toward addressing those questions. An easy-to-use tool, it enables microfinance institutions (MFIs) to obtain consistent, measurable and reliable data, as well as giving them the ability to use the results to improve their services to the poor. The PPI is currently the industry-standard poverty measurement tool used by MFIs globally.
Over the last four years, Grameen Foundation staff has heard from MFIs, as well as from MFI networks and associations, that they need to integrate PPI data with their management information systems to gain critical business intelligence (for example, to learn how a particular loan product is performing at a particular level). We have worked closely with these organizations to understand their requirements and prototype the tools that they need.
Today, we’re delighted to announce that we will be creating a PPI management tool that users will access via the Internet. This new, cloud-based PPI application – made possible by generous funding from The Moody’s Foundation and built on the Force.com platform from Salesforce.com – will make the PPI even more dynamic and easier to use, enabling more organizations to use it to collect, analyze and report social performance data.