Social Rating for SME financial service providers

What?

The Social Rating provides an opinion on the capacity of a Financial Service Provider (FSP) to put its mission into practice and achieve sustainable goals through an independent assessment of the FSP’s sustainable performance.

Why?

The social rating is an effective management and reporting tool that is used to:

  • Enhance social performance management and increase the likelihood of achieving sustainable results by identifying gaps and indicating improvement areas
  • Align SPM systems to internationally recognized standards
  • Attract funders and investors with a double bottom line orientation
  • Strengthen institutional reputation, accountability, and transparency

Who?

All SME financial service providers engaged in financial inclusion with a double bottom-line, irrespective of their legal status and size.

How it works?

The social rating is fully aligned with the latest social performance standards as defined by global initiatives such as the Social Performance Task Force and the Smart Campaign. By incorporating such standards, the Social Rating provides:

External expert validation of the implementation of the Universal Standards for Social Performance Management An indication of the FSP‘s alignment with Client Protection Certification standards and of the level of effort required to fill compliance gaps

The SR assesses systems, processes and results.

Process

 

Add-on Services

Financial service providers willing to further deepen the analysis of their social results or strengthen their social performance management can easily combine the social rating with other related services, such as:

CLIENT SURVEY AND FGDs

CLIENT OUTCOME MEASUREMENT

SOCIAL PERFORMANCE ROADMAP

SPI4 & SPI4 ALINUS

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