Global 2016 Update

Menu

Global 2016 Update


Subscribe to our newsletter

Get updates, news and stories from our work around the world.

Follow Us

Search


550 West Van Buren Street
Chicago, IL 60607

Toll Free: 1-800-793-9455

© 2017 Opportunity Internationalis a 501(c)3 nonprofit.

The Impact Illustration

The ImpactAre we transforming clients' lives?

We also need to understand how our clients’ lives are changing and, as far as possible, understand the contribution our programs and services are making to those changes. This means establishing a clear vision of what transformation looks like and then building a baseline of data to assess what changes have occurred over time.

The Impact

Opportunity’s mission is to empower people living in poverty to transform their lives, their children’s futures and their communities. In the diagram below, the outer circle shows the transformation journey, experienced by Maria, a typical client. The inner circle contains to the transformation results to date.

Select any of the purple circles to see the transformation results to date

Transforming Through Holistic Services

Since poverty is complex and multi-faceted, transforming lives requires a holistic approach. The impact of microfinance can be enhanced by complementary community and financial services.

Meet a client using agriculture loans

Health Education

Education Finance

Agriculture Loans

Water and Sanitation

Glossary

A

APR
Annual Percentage Rate
APY
Annual Percentage Yield

B

BC
Banking Correspondent
BI
Business Intelligence

C

COCA
Code of Conduct Assessment
CGAP
Consultative Group to Assist the Poor
CPP
Client Protection Principles: The 7 Client Protection Principles (CPPs) describe industry best practices relating specifically to the protection of microfinance clients. They were developed by the Smart Campaign in 2009.

E

EIR
Effective Interest Rate

I

IRR
Internal Rate of Return

M

MCWG
Microfinance CEO Working Group - a group of 8 microfinance networks who collaborate to encourage endorsement of Triple Crown initiatives in microfinance.
MFI
Microfinance Institution
MFT
Microfinance Transparency - an industry initiative to promote transparency around credit product pricing
MIS
Management Information System(s)
MIX
runs "Mix Market", a public data hub where MFIs share institutional data to enhance transparency and market insight

N

NPS
Net promoter score

O

OER
Operating Expense Ratio
OSS
Operational self-sufficiency

P

PAR
Portfolio at Risk
PPI
Progress out of Poverty Index - a poverty measurement tool designed by Grameen Foundation
PRS
Partner Reporting System

R

ROA
Return on Assets
ROE
Return on Equity

S

Social audit
third-party assessment of SPM practices
SMART objectives
stands for Specific, Measurable, Achievable, Relevant, Time-bound
Smart Campaign
An initiative to standardize best practices for client protection (includes Smart client protection certification process)
SME
Small medium enterprise
SPI4
CERISE Social Performance Indicators 4 - a self-assessment tool for partners to assess adherence to the USSPM and other best practice standards
SPM
Social Performance Management
SPTF
Social Performance Task Force - developed the Universal Standards for SPM. Calum Scott is a Board member.

T

TA
Technical Assistance
Triple Crown Initiatives
refers to 3 key SPM initiatives: 1) Endorsing the Smart campaign, 2) Endorsing Microfinance Transparency campaign and 3) Committing to implement the USSPM

U

USSPM
Universal Standards for SPM are a global, industry-wide effort to clarify and standardize SPM practices. Their development was coordinated by the Social Performance Task Force (SPTF) with input from stakeholders and they were published in 2012.