Grameen-Jameel MFI Awards for 2014
Grameen-Jameel (GJ) is pleased to introduce the GJ Microfinance awards program which recognizes Arab microfinance institutions that demonstrate excellence in the following categories:
Award winners will be announced at the Sanabel Tenth Annual Conference in September 2014. Award winners will receive cash prizes from Grameen-Jameel in recognition of their accomplishments amounting to US $10,000 for each category.
The key element to be considered for this award will be how the MFI has advanced poverty alleviation through the practice of microfinance in the region through new thinking, design and action. Quantifiable demonstrations of impact resulting from the innovative activity will also aid the candidacy of the applicant.
A leading MFI is considered an MFI which has been in operation for at least 10 years, is adhering to sound practices, has strong social performance management, is considered a role model by other MFIs, is efficient and has proven to be a leader. This award recognizes excellence, particularly as a result of improvement, as well as influence over the practices of other MFIs in the region.
Judges will look for a historical trend of growth as well as exceptional growth within the previous year while maintaining or improving financial sustainability and portfolio quality. Although client and portfolio growth will be critical data points for consideration, information on market share, geographic expansion and penetration should also be incorporated into the application, particularly if geographic expansion includes entry into previously unserved areas with high concentrations of poor people.
How to Apply?
Please complete the appropriate application form and send it by e-mail to:
email@example.com prior to 10 September 2014. Applicants may attach supporting data such as brochures, annual reports, certificate, etc. All such accompanying data should be pre-existing and as concise and brief as possible. Applicants may provide pictures (in jpg format) if relevant.