(Photo courtesy of Mad House Photography)
In a recent blog post, I described why measuring impact in impact investing is so darn complicated. In summary: it’s hard to define and quantify; the measuring process can be burdensome for many microfinance institutions (MFIs); and it’s simply just not standard practice yet.
So what does this mean for me and other MicroPlace investors? Well, it’s going to get easier for us to determine whether our investments are making an impact as the industry continues to mobilize to make this type of reporting standard practice.