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This publication is a product of a larger Governance Project which
culminated in the “Effective Governance of Microfinance Institutions”
conference held by the MicroFinance Network, ACCION International and
CALMEADOW in Washington, D.C. October 18-20, 1998. The conference
convened 152 participants from 36 countries representing approximately
50 leading microfinance institutions worldwide. The participants
gathered to discuss the main issues related to microfinance governance,
define effective governance practices and develop guidelines to improve
the accountability and effectiveness of microfinance institutions. This
publication presents coherent, practitioner-endorsed guidelines for all
microfinance institutions to use in attempting to improve their
structures and systems of governance. |
This document summarizes the findings of an anonymous survey sent to
board members and managing directors of 42 experienced microfinance
institutions worldwide. The survey was conducted in preparation for the
“Effective Governance of Microfinance Institutions” conference held by
the MicroFinance Network, ACCION International and CALMEADOW in
Washington, D.C. October 18-20, 1998. The findings, which are
categorized by for-profit and non-profit institutions, served as a basis
for opening discussions at the conference. The document presents
interesting indicators of possible trends and shortcomings in
microfinance governance. |