Unitus and Michael & Susan Dell Foundation Collaborate to Increase Use Of Social Performance Management Among Microfinance Institutions
SEATTLE, 4 September 2009 – In an ongoing effort to increase the availability and effectiveness of life-changing microfinance services, international nonprofit Unitus and the Michael & Susan Dell Foundation will launch the Social Performance Management Implementation Project (SPM IP) to increase adoption of social performance practice among microfinance institutions (MFIs).
Social performance management (SPM) is an institutionalized process which involves setting clear social objectives (e.g., improved quality of housing, healthcare, etc.), monitoring and assessing progress toward achieving these goals, and using this information to improve the performance and impact of MFIs.
