Microfinance Gateway>Grameen Foundation Develops Standards to Strengthen Use of Progress out of Poverty Index

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Home » Announcements » Grameen Foundation Develops Standards to Strengthen Use of Progress out of Poverty Index

Grameen Foundation Develops Standards to Strengthen Use of Progress out of Poverty Index

Grameen Foundation has released a set of standards for using its poverty assessment tool, the Progress out of Poverty Index (PPI). The standards are a pre-cursor to a formal certification program the foundation will roll out this fall. PPI users can apply the standards to assess their use of PPI data and identify areas for improvement. Technical assistance providers supporting the use of the PPI can use the standards to target interventions more effectively.

With these Standards of Use now in place, Grameen Foundation is piloting a certification process to be finalized later this year. Through that certification, MFIs and other PPI users will be able to receive a seal of approval signaling that they are using the tool correctly. The certification process is designed to strengthen the use of the PPI by ensuring its accuracy for decision-makers who will use its results, such as investors, donors, and rating agencies.

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Posted: 27 Aug 2010
Source: Grameen Foundation
Originally Published: 26 Aug 2010