The Grameen Credit Agricole Foundation, partner of the 2019 Microfinance Barometer
Every year since 2010, Convergences has been publishing the Microfinance Barometer, a publication that aims at showcasing the global trends of the sector, while raising awareness about the high impact microfinance initiatives and promoting best practices.
This year, the Grameen Crédit Agricole Foundation is a partner of the Microfinance Barometer, the 10th edition of which will be launched at the Convergences World Forum which will take place on 5 & 6 September at the Palais Brongniart in Paris.
Should microfinance be profitable? If so, can it be profitable while remaining socially responsible? Can it remain true to its aspirations and contribute to lifting nearly 2 billion people out of poverty with no access to banking services through financial inclusion? How to combine social performance and financial profitability to best serve the beneficiaries?
From microfinance institutions to investors, the Barometer offers different points of view and highlights the strong interdependence between social and economic performance. From case studies, expert analyses and investor interviews, this edition presents an overview of the profitability of microfinance, and provides important takeaways on the dual return – social and financial – of microfinance.