Tag Archive

> Posted by Meghan Greene, Manager, CFI

Today, in front of the 3,000 attendees of the Convergences 2015 World Forum in Paris, microfinance leaders unveiled the “Global Appeal for Responsible Microfinance,” a landmark document that urges all microfinance stakeholders to take concerted action to ensure a strong and principled microfinance industry.

Over the past several years, the microfinance industry has made significant strides in advancing responsible practices that protect and appropriately serve clients. However, a more united, deliberate effort needs to be taken by stakeholders at all levels – including microfinance professionals, investors, and policymakers – to ensure the continued success of the industry. To that end, the Global Appeal asks signatories to outline their plans for improving their own practices – making measurable, time-bound commitments on how they will contribute to a responsible sector. Signatories are called to announce their plans by the end of December 2013.

Read the rest of this entry »