Within the impact investing industry, microfinance has historically been viewed as a fine example of an investable, market-sustained solution to poverty. Hundreds of millions of dollars have flowed to microfinance institutions (MFIs) and microfinance investment vehicles—across asset classes—generating social impact alongside consistent and stable financial returns.
Earlier this month, I was one of seven members from the GP team that flew to Ecuador to attend FOROMIC, an annual conference held by the Inter-American Development Bank.
My job requires me to be an Excel and data nerd. You can usually find me wading through due diligence reports, financial statements and monitoring spreadsheets. These are the resources I depend on to evaluate investments in current and potential partners.
The topic of failure is not a popular subject for conversation. Yet, more and more organizations are encouraged to talk about it because it is in those failed efforts that we learn how to improve our practices and create more impact.