mix sptf presentation: desk review workshop
DESCRIPTION
MIX's Desk Review Workshop in at SPTF in Dakar, Senegal - June 3, 2014TRANSCRIPT
The Premier Source for Microfinance
Microfinance Information Exchange
SP Desk Review WorkshopSPTF Annual Meeting June 3, 2014
The Premier Source for Microfinance
Data and Analysis
This presentation is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this
presentation without MIX’s prior written permission is strictly prohibited.
Workshop agenda
• Progress of MIX SP reporting
• Current initiatives at MIX: reducing reporting burden and increasing SP data quality
• SP desk review basics
• Insta-poll: do you have what you need to participate?
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presentation without MIX’s prior written permission is strictly prohibited.
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• Insta-poll: do you have what you need to participate?
• Structure of the desk review
• Results of 2013-14 round of desk reviews
• How networks can help
• Enhancing desk review value for all stakeholders
The evolution of SP reporting at MIX
Since 2008
• Collect MIX/SPTF SP indicators
• Build buy-in on reporting SP data
Since 2012 Up next . . .
This presentation is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this
presentation without MIX’s prior written permission is strictly prohibited.
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SP reporting outreach
800
1000
1200
Total number of MFIs with SP profiles
EAP
ECA
LAC
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presentation without MIX’s prior written permission is strictly prohibited.
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0
200
400
600
FY08 FY09 FY10 FY11 FY12 FY13 FY14
Total number of MFIs with SP profiles
LAC
MENA
SA
SSA
TOTAL
The evolution of SP reporting at MIX
Since 2008
• Collect MIX/SPTF SP indicators
• Build buy-in on reporting SP data
Since 2012
• Streamline reporting process
• Build trust in SP data quality (desk review)
Up next . . .
This presentation is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this
presentation without MIX’s prior written permission is strictly prohibited.
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review)
Streamlining MFI reporting
Funders
Networks
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presentation without MIX’s prior written permission is strictly prohibited.
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MFIs
Networks
Developed in
partnership with:
The problem: self-reported SP data
Financial data on MIX Market:
� Nearly 7 out of 10 MFIs have recent externally validated financial documents published on their profile.
Social data on MIX Market:
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presentation without MIX’s prior written permission is strictly prohibited.
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How can we increase user confidence in MIX’s social data?
� Less than 1 out of 10 MFIs have externally validated social documents (social ratings, social audits, etc.).
The solution: SP document desk review
SP document desk review:
� Collect documents to corroborate SP indicators MFIs report.
� Publish summaries of which data points have been desk reviewed on MFI profiles.
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presentation without MIX’s prior written permission is strictly prohibited.
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reviewed on MFI profiles.
Documenting social data builds trust in the data’s reliability, increasing its usefulness for analysis and business decision making.
MFI reports SP data to MIXMFI reports SP data to MIX
MIX or MIX’s partner requests corroborating documents for certain data points
MIX or MIX’s partner requests corroborating documents for certain data points
MIX or MIX’s partner checks documents against MIX or MIX’s partner checks documents against
How does the desk review work?
This presentation is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this
presentation without MIX’s prior written permission is strictly prohibited.
MIX or MIX’s partner checks documents against SP data reported by MFI
MIX or MIX’s partner checks documents against SP data reported by MFI
MIX publishes a document summarizing the desk review status of each indicator on that
MFI’s MIX Market profile
MIX publishes a document summarizing the desk review status of each indicator on that
MFI’s MIX Market profile
Some institutions become MIX S.T.A.R. (Socially Transparent and Responsible) MFIs
Some institutions become MIX S.T.A.R. (Socially Transparent and Responsible) MFIs
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What does it look like?
http://www.mixmarket.org/about/social_performance_validation
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presentation without MIX’s prior written permission is strictly prohibited.
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A solid foundation for social responsibility
Raters, investors, auditors,
etc.
Verify the suitability of products and services, the appropriate implementation of policies and strategies, and the accuracy of datagenerated by an MFI’s surveys/MIS reports.
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presentation without MIX’s prior written permission is strictly prohibited.
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etc.
MIX
Provides evidence of the existence of indicators (policies, strategies, procedures, products, services, and outcome data tracking) that an MFI reports.
“But what if we don’t have a social rating?”
• MIX has designed the SP desk review to make use of documents that MFIs already have on hand!
• Every MFI can participate in the desk-review process aslong as it can provide supporting documentation thatverify the existence of an indicator reported to MIX.
This presentation is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this
presentation without MIX’s prior written permission is strictly prohibited.
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verify the existence of an indicator reported to MIX.Social ratings and audits are not required toparticipate in the desk-review.
Insta-poll!
Do you already have what you need to desk review your institution’s SP indicators?
Insta-poll!
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presentation without MIX’s prior written permission is strictly prohibited.
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Insta-poll! (cont’d)
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presentation without MIX’s prior written permission is strictly prohibited.
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Current desk review outreach
RegionNo. of MFIs contacted
Percent of MFIs submitting docs
No. of STAR MFIs
EAP 42 10% 2
ECA 87 38% 7
LAC 142 45% 14
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presentation without MIX’s prior written permission is strictly prohibited.
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MENA 20 68% 1
SA 129 35% 6
SSA 83 34% 0
All regions 485 41% (198) 30
As of May 2014
MFIs: what do you need?
SP INDICATOR CATEGORY ACCEPTED DESK REVIEW DOCUMENTS*
Outcome data MIS reports; external surveys; PPI certifications
Financial products/services
Detailed information on each (terms, target market, research, etc.)
Nonfinancial servicesDetailed information on each (description, partners, research, etc.)
Governance Board minutes; description of SP orientations
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presentation without MIX’s prior written permission is strictly prohibited.
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Governance Board minutes; description of SP orientations
HR policies HR manual; copy of specific policies
Staff incentives Staff incentive policy or summary of policy
Client protection**Smart assessments; Smart certificates; external evaluations
Environmental policies Copy of specific policies; exclusion list
*MIX also accepts social rating and CERISE SPI reports for all relevant categories
**MIX does not accept internal documents to corroborate client protection practices
Is it hard?
RegionTypical number of SP data points reported*
Typical number of SP data points documented*
Typical percent of SP data points documented*
EAP 31 19 61%
ECA 26 13 50%
LAC 26 13 50%
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presentation without MIX’s prior written permission is strictly prohibited.
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LAC 26 13 50%
SSA 30 14 47%
MENA 31 12 39%
SA 26 9 35%
All regions 27 12 44%
*Median values; only considers data points subject to desk review; excludes MFIs with no
data points documented; as of May 2014
Does it work?
Poverty
outreach
Enterprises
financed
Credit
productsCPPs
Women's
empowerment
services
Documented 68% 26% 73% 27% 33%
Not
documented27% 43% 14% 64% 43%
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presentation without MIX’s prior written permission is strictly prohibited.
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documented
Removed 1% 31% 12% 9% 23%
Added 17% 9% 6% 0% 1%
Changed 6% 13% 1% 1% 0%
Networks: how can you help?
Review documents
Collect documents
This presentation is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this
presentation without MIX’s prior written permission is strictly prohibited.
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documents
Promote participation among affiliates to online MIX trainings
Facilitate connection between MIX and MFIs
The evolution of SP reporting at MIX
Since 2008
• Collect MIX/SPTF SP indicators
• Build buy-in on reporting SP data
Since 2012
• Streamline reporting process
• Build trust in SP data quality (desk review)
Up next . . .
• Enhance value for all stakeholders
• Begin onsite audits of MFIs
This presentation is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this
presentation without MIX’s prior written permission is strictly prohibited.
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review)
MFI
Donors and
Investors
Raters
MFI Networks
Regulators
Enhancing desk review value for MFIs
Include “social version” of MIX diamonds in MFI profiles
Add S.T.A.R. icons at top of MFI profile pages
This presentation is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this
presentation without MIX’s prior written permission is strictly prohibited.
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MIX diamonds in MFI profiles and data reports
Enhancing desk review value for all stakeholders
MIX Premium
Funder
Rater
Network
This presentation is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this
presentation without MIX’s prior written permission is strictly prohibited.
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MFI submits desk review documents through MRE and indicates which external parties have the
right to view each document
Premium Document
Library
MFI
Other stakeholders?
Public
New round of desk reviews starts in September!
MIX would like to say THANK YOU to the MFIs and
networks that helped make our 2013-14 round of reviews
This presentation is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this
presentation without MIX’s prior written permission is strictly prohibited.
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networks that helped make our 2013-14 round of reviews
such a success!
MIX partners with a dedicated group of industry leaders:
MIX Global and Project Partners
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presentation without MIX’s prior written permission is strictly prohibited.
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www.themix.org ♦ www.mixmarket.org
Contact us: [email protected]
Regional Offices:
Baku, Azerbaijan 44 J. Jabbarli st. Caspian Plaza I, 5th Floor,
Microfinance Information Exchange
Headquarters:
1901 Pennsylvania Ave., NW, Suite 307Washington, D.C. 20006 USA
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44 J. Jabbarli st. Caspian Plaza I, 5th Floor,Baku, Azerbaijan
Lima, PeruJirón León Velarde 333 Lince, Lima 14, Perú
Dakar, SenegalVilla n°4, rue YF-632, cité Ablaye Thiam
Ouest-Foire, Dakar-Sénégal
Hyderabad, IndiaRoad #12, Landmark Building, 5th Floor,Banjara Hills, Hyderabad 500034, India
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