Impact Investing

Impact Finance Barometer 2022


Building Resilience in Inclusive Finance Organisations. Article on page 16 written by Oricel Caminero, Executive Coach, Consultant & Trainer at Achieve Consulting Group, S.R.L ; Cara S. Forster, Independent Microfinance Consultant, SPTF ; and Célia Fernandez, Head of Communication and SDG Project at Cerise.

MicroVest 2019 Social Impact Report


In view of purposeful investing, MicroVest uses SPI4 ALINUS from CERISE “to help us standardize our measurement of a portfolio company’s social performance” says Gil Crawford, the CEO of MicroVest.

GIIN report on the State of Impact Measurement and Management Practice, 2nd Edition

Based on data from 278 impact investors—including 109 two-year repeat respondents—this report provides the most comprehensive view of how impact investors assess their social and environmental impact, and the trends that have shaped IMM practices in the past two years. See the Spolight section about “Impact Investing Audits” p.56-57.

2019 Microfinance Barometer

What can impact investing learn from microfinance. Article on page 9 written by Bonnie Brusky, Deputy Director of CERISE.

Progress in microfinance should be a source of inspiration for digital finance

Article published on the ID4D platform (Ideas for Development), the blog hosted by the French Development Agency. By Cécile Lapenu, Executive Director of CERISE, and Jurgen Hammer, Managing Director of SPTF Europe, March 26th, 2019.

Study on Social Performance Management in Microfinance

Practices, results and challenges analyzed by Mathilde Bauwin, ADA, in collaboration with CERISE, 2018

The USSPM as an inspiring framework for impact investing


Article by CERISE, 2018.


Innover Ensemble


In French only.

Summary of the Ministry of Foreign Affairs and International Development’s report on how to promote a social and inclusive economy. 2016.


Behind the buzz: the rise of client-centred finance


Article from the Microfinance Barometer 2016


Social Business: a different way of doing business and investing


 Article in Private Sector & Development – Proparco Magazine


Social Business: build a strong sector by integrating social performance as of now

Article published on March 24th 2016 on AFD’s blog Ideas4Development

Prefinancing mechanisms in fair trade

Factsheets for companies and producer organizations. Study conducted by CERISE and published in 2015 by the Platform for Fair Trade in partnership with Max Havelaar France and Ethiquable. The study identifies the main financing options available in Europe for pre-financing of fair trade contracts.


Does good client protection impact financial performance


e-MFP Brief Series, Brief 2, October 2011. Edited by European Microfinance Platform

Strengthening Governance for Responsible Finance: Examples from European Investment Funds


e-MFP Brief Series, Brief 2, October 2011. Edited by European Microfinance Platform

Driving Investment Decisions with Social Performance Information


e-MFP Brief Series, Brief 1, October 2011. Edited by European Microfinance Platform

Making Microfinance Investment Responsible – State of the Practice in Europe

European Dialogue No. 3, Nov 2010. Edited by European Microfinance Platform


The Role of Investors in Promoting Social Performance in Microfinance


European Dialogue No. 1, June 2008. Edited by European Microfinance Platform