Assessment of Microfinance Impact and Social Performance of MFIs in Azerbaijan
In January, 2008 AMFA launched "Assessment of Micro-finance Impact & Social Performance of MFIs in Azerbaijan" project.
The researches were held with the help of the Center of Economic Development (CED) among AMFA member institutions: FINCA Azerbaijan, Access Bank, Vision Fund AzerCredit, Bank Respublika, CredAgro, Norwegian MicroCredit, Viator MicroCredit, Finance for Development, AzeriStar Microfinance, AgrarCredit, Dayag Credit, and Umid Credit.
The main objective of the study is to carry out qualitative and quantitative impact assessment of Microfinance at individual, household including business and community levels, as well as, evaluate social performance of Microfinance Institutions. In order to achieve set objectives within the project i) impact survey was carried out among 2.000 microfinance clients (1.000 new clients and 1.000 longer-term clients); ii) discussions with microfinance clients were arranged in 6 regions, and iii) social performance of 10 microfinance institutions was evaluated.
This research was implemented under 3 subcomponents.
The first subcomponent of the Final Report includes results of impact assessment. Chapter 1 discribes methodological approach and implementation stages of the study. Chapter 2 provides social-demography characteristics of responders. Chapter 3 describes general online for Microfinance, including, interest rate in credits, satisfaction level of clients etc. based on indicators of clients participating in the survey. Chapter 4 focuses on negative and positive impacts of Microfinance at household level including incomes, expenditures, savings, borrowing, lending, housing, assets, business, etc. At the same time, under chapter 4 impacts of Microfinance on poverty reduction were calculated (estimated through income and expenditure methods). The final chapter 5 of the first subcomponent of the report is completed with main findings and recommentations.
The second subcomponent of the Final Report covers outcomes of discussions held with microfinance clients in regions. These discussions aimed at defining quality aspects of Microfinance. Chapter 1 discribes methodological issues concerning arrangement of discussions. Chapter 2 deals with main findings of discussions. Chapter 3 reflects proposals put forward by clients to strengthen positive impact of Microfinance.
The third of the subcomponent of the Final Report deals with findings of assessment of social performance of microfinance institutions. Chapter 1 of the report provides information on assessment and methodological approach. Chapter 2 reflects current status of social performance of microfinance institutions. Chapter 3 of the report includes recommendations aimed at strengthening social performance of microfinance institutions.
Report on "Assessment of Microfinance Impact and Social Performance of MFIs in Azerbaijan" AZE
Report on "Assessment of Microfinance Impact and Social Performance of MFIs in Azerbaijan" ENG
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