As part of its mission, MicroVest’s funds are designed to seek both, financial and social returns. For MicroVest this means the promotion of financial inclusion around the globe as one of the pieces of the puzzle to poverty alleviation. See below for case studies on the responsible financial institutions and their end-borrowers that MicroVest works with.
Which industry initiatives are we supporting?
MicroVest endorses key industry initiatives that align with our objectives and investment thesis, including:
GIIRS is a ratings agency and analytics platform for impact investors. GIIRS Ratings are a standard for impact measurement in impact investing with a ratings and analytics approach analogous to Morningstar investment rankings. GIIRS Ratings are rigorous, comprehensive, and provide comparable ratings of a company or a fund’s social and environmental impact.
MicroVest has two GIIRS rated funds which were both awarded the best for the world designation in 2016.
The Social Performance Task Force develops, disseminates, and promotes standards and good practices for social performance management and reporting in microfinance.
MicroVest is an endorser of the SPTF.
The Smart Campaign advocates transparent, respectful, and prudent financial services to all clients. The Smart Campaign encompasses core Client Protection Principles to help microfinance institutions practice good ethics and smart business.
MicroVest endorses the Client Protection Principles and applies the Principles in the due diligence process.
The Principles for Investors in Inclusive Finance (PIIF) provide a framework for responsible investment. The PIIF are housed within the Principles for Responsible Investment (PRI), a United Nations-supported initiative that provides investors with guidelines for incorporating environmental, social, and governance issues into their investment decisions.
MicroVest is a signatory of the PRI.