The SRI meeting organized by Spainsif, AFI and Gawa Capital has served to analyze, assess and discuss about the social impact of microfinance.
The act has begun with Javier Garayoa’s – director of Spainsif – words of gratitude. Next, Agustín Vitórica from GAWA, Raúl Moreno Castro from COFIDES, Teresa González Barreda from Fundación CODESPA and Rodrigo Peláez from the BBVA Microfinance Foundation have presented the different tools with which they analyze and evaluate the sustainability of the different projects. In the following discussion, different issues such as future challenges, the historical evolution or the scalability have been addressed.
Social impact faces a measurement challenge, at a time when social profitability is attracting the interest of all types of investors. The metrics of social impact used, until recently considered superfluous or of little rigor, are evolving from the measurement of the input to the estimation of the impact. And the best is to explain them with examples of entities that practice various methods of measuring social impact as a fundamental part of due diligence and reporting.