As the microfinance funding landscape has become increasingly diverse and complex, the need for quality information on funder activity has intensified. As part of its mission to improve the availability and quality of information on funding flows to microfinance, CGAP has completed the first survey of major cross-border funding for microfinance. This survey brings together quality information on the microfinance portfolios of leading donors and investors and will help the industry understand where money for microfinance comes from, how is it used, and where it goes. “For the first time, we are able to more fully understand how funders are spending their money,” says CGAP Executive Director Elizabeth Littlefield. “This is an important development as we strive to further improve transparency and the impact of funder commitments and, ultimately, to ensure funding goes to where it is most needed.” Image: cgap.org

Source: CGAP