Update on CERISE SPI, Social Audit Tool for MFIs Standards of Use & Certification Support tools: SAM / Research Social Performance Task Force, June 5
SPI, a social audit tool widely used 10 years of development, more than 500 audits mainly by Investors, Networks, TA providers Fully compatible with social indicators Aligned with International initiative: Smart CPP, Seal of Excellence, MFT, Universal Standards Concrete results Peer group analysis
In 2011, Standards of Use of SPI for quality & efficiency Principles Free tool (but)… … Collective improvements Standards of Use Use the last/ standardized version Follow the recommended processes for more efficient use and quality control Trained staff with Certification Process Full reporting to MFIs A Wiki Page to guide SPI users, open to comment
Active partners in ProsperA: SPI as an entry point for SPM and advocacy Latin America: reporting and work with the regulators Africa: networks and TA to improve practices: rural outreach, social reporting/dashboards, client protection, savings Asia: great push on social assessment from the national associations Europe: lessons from the South
Beyond SPI assessment Social Audit tool for MIVs (SAM) aligned with the Principles for Investors in Inclusive Finance Assess and strengthen Social Strategy for Responsible investment (Oikocredit, I&P, Regmifa, Grameen Credit Agricole…) Decision Tree for Network developed with MFC/ Imp-Act Empower Networks to develop demand-driven strategies in Social Performance Management.
Further Work in 2012 SPI on line & integrating fully the new Universal Standards for Social Performance: a pathway for easy reporting, & for improving practices Research on Impact : how to reconcile credibility and simplicity? Social Business: what can the Microfinance work on Social Performance and responsible investment can share with the Social Business?
Thank you for your attention ! Contact: