Effective data analytics is essential for meeting the bottom line, and is even more critical when you are trying to meet a double bottom line. This case study examines how PT Ruma – a social enterprise based in Indonesia – is using social and business data to change its business practices. To ensure that it is meeting its double-bottom-line mission, Ruma tracks changes in its entrepreneurs’ economic well-being using Grameen Foundation's Progress out of Poverty Index® and links this data to its own financial health.
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People-related issues have consistently ranked among the top ten industry challenges in the Microfinance Banana Skins report. Peg Ross and Stephanie Denzer of Grameen Foundation's Human Capital Center analyze the concerns raised in the 2011 report, including governance, management, staffing and the overall institutional strength of microfinance institutions.
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Excerpt: This is not volunteerism for the sake of volunteerism, but rather a new business model for solving some of the real problems impeding the scale, sustainability, and impact of microfinance and T4D initiatives. A greater and more strategic use of volunteers can help the field to realize, more rapidly, strategic and operational improvements.
Kathleen Odell
In Measuring the Impact of Microfinance: Taking Another Look, Odell examines studies which have demonstrated that microfinance helps poor people better cope with financial shocks that often upend their lives. It also addresses the difficulties in isolating microfinance’s impact from the myriad forces at play in poor people’s lives.
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