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VF AzerCredit Joined Social Performance Fund’s New Project

VF AzerCredit Joined Social Performance Fund’s New Project

Considering the Universal Standards for Social Performance Management as a part of its performance, VF AzerCredit joined a new project organized by AMFA in partnership with the Social Performance Fund.

The first training – meeting of the Project, aiming at integrating the SPI4 tool and preparing respective county report, took place on 2 March at the Head Office of VF AzerCredit. The training – meeting, having brought together several member organizations of AMFA, was highly appreciated by the participants.

The moderator of the training, Kinga Dobrowskaya, an international trainer and representative of Microfinance Center (MFC), stated the significant role of social performance in the activities of financial institutions, and particularly underlined the contributions and advantages to be generated by the introduction of this tool.

The core objective of the event was to provide the financial institutions with profound information on the benefits of the Project, familiarize the representatives of the organizations about the efficient use of the SPI4 tool, and discuss the efficient use of the collected social performance data when submitting reports to local and international stakeholders.

Demonstrating active participation during the group exercises at the theoretically and practically rich training, the participants were able to find answers to important questions and discuss their experiences regarding the indicators of the Universal Standards.

Joining this Project VF AzerCredit targets to fully adjust its already rich social performance management experience to the most recent international standards.

March 2016

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