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2019 Microfinance Barometer: key sector trends from the past decade


WEBWIRE

Together with financial and social dimensions, environmental performance is on track to become a new standard for the microfinance sector.

Convergences publishes the Microfinance Barometer, which presents the sector’s main trends from around the world. The Microfinance Barometer, published as part of the 12th Convergences World Forum, in which BNP Paribas is a partner, looks back on microfinance developments over the past 10 years.

Microfinance Barometer: insights into microfinance trends

Through case studiesexpert analysis and interviews, this report highlights the changes in this sector.

 How have the excessive debt crises from the 2010s made it possible to improve social impact management practices? New technologies are helping drive improvements in microfinance performance, but how can we ensure that they are used responsibly? What lessons can microfinance teach the new players from the responsible finance field? What is the future of microfinance faced with strong growth in impact investing?

The way towards a world where everyone has access to financial services is still long. Microfinance sector’s stakeholders therefore have room for growth. Large private microfinance institutions and microfinance investment vehicles (MIVs) can be instrumental in the fight against these inequalities. [...] Together with financial and social dimensions, environmental performance is on track to become a new standard for the microfinance sector. And that triple bottom line could just be the new opportunity for the sector to show its relevance and impact.”

Alain Levy, Responsable microfinance et entrepreneuriat social Amériques et Asie BNP Paribas

Since 2010, the Microfinance Barometer, published by Convergences, has analyzed the key figures of financial inclusion around the world and sector trends at the international level. 


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