Assessing Grameen Foundation’s Progress Out of Poverty Index
By
Lisa Smith
Next Billion
November 08, 2010
The Net Impact session on "Beyond Microfinance: Investing in the Developing World" was timely in that it highlighted the certification program for the Grameen Foundation's Progress out of Poverty Index (PPI). I thought I would take this opportunity to highlight some of the potential strengths and possible shortcomings of the 5-month-old certification process.
The Net Impact session on "Beyond Microfinance: Investing in the Developing World" was timely in that it highlighted the certification program for the Grameen Foundation's Progress out of Poverty Index (PPI). I thought I would take this opportunity to highlight some of the potential strengths and possible shortcomings of the 5-month-old certification process.
What is the Progress out of Poverty Index?
According to the Grameen Foundation, "The PPI is a simple and accurate tool that measures poverty levels of groups and individuals. Using the PPI, MFIs can better determine their clients' needs, which programs are most effective, how quickly clients leave poverty, and what helps them to move out of poverty faster."
(off site)
