Inafi Alternative Position On Microfinance
The Alternative Dimension of INAFI
INAFI network members have sought to find an alternative, to attain the advantages of a sustainable financial operation and achieving financial sustainability over time, without sacrificing the developmental objective of the organisation vis-a -vis poverty focus. INAFI’s social mission is associated with deepening outreach, gender mainstreaming, empowerment, enhancing human rights, health and education. INAFI promotes both sustainability of the NGOs/MFI as well as of the clients.
INAFI believes that social impact, especially regarding health, education, and empowerment, are important goals of microfinance in their own right. Through The Social Impact Measurement (SIM) tool INAFI now has a monitoring tool at hand to advocate better for this. The tool can enhance and motivate NGOs/MFIs to monitor its outreach regularly and impact of the programme on the lives of families of Microfinance borrowers.
Contrary to commercialisation of Microfinance INAFI promotes ‘alternative’ paradigm that microfinance is meant for poverty alleviation, empowerment and enhancing social development.