Successful annual meeting of the Social Performance Task Force

Successful annual meeting of the Social Performance Task Force

2015/07/30

From June 9 to 12, the Social Performance Task Force (SPTF) held its 2015 Annual Meeting in Siem Reap, Cambodia. The event lasted 4 days, and allowed more than 250 participants from 51 countries to participates in various workshops, stakeholder group meetings, annual plenary sessions. Having its East Asian Regional office in Cambodia, Incofin happily supported the preparation of the event, introducing potentially interested speakers and attendants.

Similarly to the Luxembourg meeting  held in March 2015, Dina Pons, East Asia Regional Director and Social Performance Manager at Incofin, moderated the Social Investor Group along with Jurgen Hammer from the Grameen Crédit Agricole Foundation. Both have been elected by the investors to be their representatives on the SPTF Board.

The group held dynamic and rich discussions for a full day. Topics included an overview of the latest progress made by the SPTF in terms of dissemination of the Universal Standards for Social Performance Management  (USSPM) and its monitoring tool the SPI4. During this session,  the Chief Risk Officer and Social Performance Manager of one of Incofin’s investee, Khushhali Bank, Mrs Lubna Azam Tiwana , gave a presentation on how Khushhali bank was using SPI4 as an internal monitoring tool to track kits social performance and progress towards the achievements of its social goas.

The group also discussed the finalisation of the "SPI4-Alinus",  name for the harmonised due diligence tool made available to investors. A group of 15 leading microfinance investors has been cooperating for over one year to agree on a common set of social performance indicators to be evaluated in investors’ due diligence and used for SP monitoring of MFIs. Thanks to the financial contribution of the investors members, SPI4-Alinus was quickly developed by the CERISE team. It was formally launched during the social investors working meeting and is now available online. The non-working group members were very impressed by the achievement of the 15 investors. The group recognized that if the SPI4-ALINUS tool is used in due diligences by a majority investors, it will enable higher quality of data and benchmarking across the sector and will substantially reduce the MFI reporting burden.

Other topics discussed during the day were the ongoing work on prevention of over indebtedness, with a presentation of the updated MIMOSA 2.0 index tool by Daniel Rosaz, and a discussion about the specific market situation of Cambodia, where Dannet Liv, Incofin IM Investment Manager and Michael Tan Teck Keong, BOD member at KREDIT MFI shares their insight on the Cambodian market.


Eventually, a session was held on the continued research on measuring outcomes in microfinance, transparent pricing and the importance to continue the work of MFT in the future. 

The following two-day plenary sessions focused on case studies describing how social performance management (SPM) relates to and addresses operational challenges, how SPM creates safe and sound markets and how SPM allows to understand our clients and evaluate social outcomes. 

For more detailed information and notes and presentations from all of the sessions, click here. 

 

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