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Grameen Foundation President Discusses Importance of Microfinance's Social Focus with Humanosphere

In this interview with Humanosphere, Grameen Foundation president Alex Counts noted that microfinance's social mission differentiates it from other forms of financial services. Grameen Foundation is working with others across the industry to establish a common standard for measuring this social performance. Until then, Counts said "one way for the public or donors to tell the difference is that socially motivated microfinance organizations tend to impose reasonable limits on executive compensations, caps on what investors can make and so on."

Publication Date: 
Wednesday, October 27, 2010