Social Performance and Microfinance
Microfinance is considered not only an economic tool to alleviate poverty but also an approach to a social mission. The social value of microfinance relates to how the lives of the poor are improved through financial services. Most microfinance institutions are charged with a social mission and delivering certain social objectives. These may include: serving an increasing number of poor in a given community; improving quality of financial services that reach the poor; promoting economic development of clients and community (through health care services, education, and risk management).