Table 6 Compliance-based approaches offered by MicroFinanza, MicroRate, M-CRIL, and inclusion.

From: A comprehensive framework for understanding microfinance performance evaluation methods

Approach

Method

MicroFinanza

MicroRate

M-CRIL

Inclusion [social ratings]

Assessment

Social audit

X

 

X

X

Client protection

X

 

X

X

Due diligence

X

 

X

X

Loan portfolio audit

X

X

X

 

Code of conduct

X

 

X

 

Digital services

    

Outcomes management

  

X

 

CSR support

  

X

 

Social performance roadmap

X

   

Country studies

X

X

X

 

Certification

Truelift

X

 

X

 

Digital services

X

   

Rating

Institutional rating

X

X

X

X

Social rating

X

X

X

X

Credit rating

X

X

  

MIV rating

X

 

X

 

Islamic finance rating

X

   

ESG rating

   

X

Social enterprise rating

   

X

  1. Source: Rating agency websites.