We all know there are many socially responsible organizations out there. However, not all fully implement their goals and missions. It’s easy to want to change things, to have a desire to improve the world, but it’s much more difficult to make sure those changes are carried out successfully and consistently. Because of this, social performance, transparency, and enforcement have become leading focuses in the non-profit world.
As we approach the one year anniversary of the 7.0 magnitude earthquake that devastated the nation of Haiti on January 12th, we are forced to reflect on the progress that has been made in the last twelve months.
Microfinance offers poor people access to basic financial services such as loans, savings, money transfer services and microinsurance. People living in poverty, like everyone else, need a diverse range of financial services to run their businesses, build assets, smooth consumption, and manage risks.