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Building Local Financial Systems That Work for the Poor: Equity and Efficiency
CGAP's strategy for 2008 and beyond (and the evaluators' report that helped to form that strategy.)
In October 2006 CGAP commissioned a client survey examining opinions and perceptions of CGAP strategy and performance among its key stakeholders.
(Originally published under the title: "Building Inclusive Financial Systems: Donor Guidelines on Good Practice Microfinance", December 2004)
The Good Practice Guidelines for Funders of Microfinance provide practical guidance for donor staff on how to best interact with, and support, the various actors in microfinance. Through a highly participatory process, including comments from 20 CGAP member donors and 10 other civil society organizations and individuals, the authors sought to balance all views in updating the Good Practice Guidelines.
Because sustainable microfinance is a key element in creating solid financial markets in developing countries, CGAP's donor members developed and endorsed these Key Principles of Microfinance. The G8 also endorsed these principles at their June 2004 Summit in Sea Island, Georgia, USA, as part of their commitment to expanding the access of microfinance.
This strategy paper sets out the priorities guiding the third phase of CGAP, and includes plans for implementing this strategy. It defines the role of microfinance in the development agenda and discusses the key challenges for expanding financial services to the poor on a much larger and more sustainable scale. The paper proposes ways in which the donor community-individually as well as collectively-can best promote the development of financial services to the poor and, specifically, how CGAP as a donor consortium can assist donors in this effort.
Over the next decade, microfinance will either realize its vast potential for improving the lives of large numbers of the poor-or it will remain an unfulfilled promise. This brief summarizes the vision and strategy of the CGAP member donors to bring microfinance to the scale required to serve millions worldwide.
This document describes ongoing CGAP thematic work on deepening the poverty outreach of MFIs.
This update outlines the activities of CGAP and other industry players in the area of financial transparency. This document is part of a trilogy of special reports on financial transparency in microfinance. The other two documents are Financial Transparency: A Glossary of Terms and Focus Note No. 22 Resource Guide to Microfinance Assessments.
Armed with these twelve questions and answers, every donor with a project that includes credit will be able to introduce sound practice into the project and increase its chances of success.
This identifies the CGAP mission and its services to the microfinance industry as a whole.
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