Triple bottom line
Triple bottom-line financeAt Social Microfinance Foundation we believe that mere access to finance is insufficient to enhance income strategies of the poorest livelihoods, dealing with extremely difficult market environments. Standardized credit-led solutions are not always supportive and may even be destructive. Providing access to savings and insurance products may be more effective for building their assets and long-term income. The poorest livelihoods are best served through tailor-made financial solutions with flexible terms and conditions that enable them to develop their business under the harsh market circumstances they operate in.
Social Microfinance Foundation supports those financial institutions (microfinance institutions, banks or savings- and credit associations) that do not see access to finance as a matter of delivering business success, but as a tool to change the social-environmental context of people`s lives. In our vision, Microfinance Institutions are actors of social change. We enable them to strengthen their institutional capacities by providing them with tailor-made institutional technical assistance, applying triple bottom-line principles.