Microfinance Risk Management Limited Liability Corporation (LLC) recently developed a simple poverty scorecard that can be used to track the poverty level of individual households and hence the poverty rate of communities in Jordan. Data from Jordan’s 2006 Household Income and Expenditure Survey was used to create this tool, which is intended to easily estimate whether a household’s expenditure is likely to fall below a given poverty line. The scorecard uses ten simple indicators, such as whether the household owns a car and how many rooms are in the house, that can be easily collected and verified by field workers. The scorecard for Jordan is the country-specific tool of the Grameen Foundation’s Progress out of Poverty Index (PPI), which is a performance management tool that helps organizations track the outcomes of their efforts. Development of the scorecard was funded by the United Nations Relief and Works Agency for Palestine Refugees in the Near East.
By Julie Moksim, Research Associate
About Grameen Foundation: The Grameen Foundation, a nonprofit organization based in Washington, DC, aims to help microfinance institutions throughout the world replicate the microfinance model of the Grameen Bank, a Bangladeshi microfinance institution. It provides financial, technological and managerial support to provide new business opportunities and telecommunication services for poor people in rural areas. Though the Grameen Foundation is independent of the Grameen Bank, Muhammad Yunus, the founder of the Grameen Bank, serves on the foundation’s Board of Directors. Grameen Foundation reported total assets of USD 33.1 million as of March 31, 2010.
Sources and Resources:
Microfinance Risk Management LLC: “A Simple Poverty Scorecard for Jordan” by Mark Schreiner, http://www.microfinance.com/English/Papers/Scoring_Poverty_Jordan_EN_2006.pdf
Microfinance Risk Management LLC: Poverty Scoring, http://www.microfinance.com/ – Poverty_Scoring
Progress out of Poverty: Grameen Foundation and PPI Partners, http://progressoutofpoverty.org/our-vision-0
MicroCapital’s Microfinance Universe Profile: Grameen Foundation
https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Grameen+Foundation
Browse the MicroCapital Universe and add your entry to the wiki at: https://www.microcapital.org/microfinanceuniverse/
Similar Posts:
- MICROFINANCE PAPER WRAP-UP: “Impact of Microcredit on Household Consumption and Assets in Nepal;” by Shalik Ram Pokhrel
- MICROCAPITAL BRIEF: FINCA Microfinance Jordan, JOHUD Partner to Fund Community Businesses
- MICROCAPITAL BRIEF: 60 Decibels Microfinance Index Data from 32 Countries Indicates Higher Confidence Among Group Borrowers, Greatest Debt Burden in Cambodia
- MICROCAPITAL BRIEF: Grameen Crédit Agricole Foundation Loans $3.2m to Faten for Microfinance in Palestine
- MICROCAPITAL BRIEF: Arnur Credit of Kazakhstan Borrows $3.3m from Grameen Crédit Agricole to Expand Access to Microfinance
