EVALUATION CRITERIAS

An evaluation of micro finance projects and an assessment of how their specific objectives are fulfilled or not, has to realise how loan projects measure their success. Regarding the fulfilment of original ambitions, it is also necessary to understand what is meant by empowerment, and how and why most projects are directed towards women. To understand the broader perspective of the markets ordinary people participate in, and which ultimately create and solve poverty, it is necessary to recognise market characteristics.

1) Success measurements. The section on 'repayment’ and ‘loan popularity’ look at how projects gauge, account for and legitimise perceived success.

2) Empowerment deals firstly with the question of what ‘individual empowerment’ can mean and how this relates to ‘market participation,’ and ‘the role of social networks.’ Besides this, ‘group empowerment’ is discussed, where the workings of the group as a whole, and the significance this can have on individual’s earnings is covered.

3) Gender and micro finance discusses why projects are mainly ‘targeting women’ and the section ‘targeting socially strong women’ goes into more detail on this point. The gender aspect also focuses on the question of ‘the role of men’ and why these are mainly left out of micro finance projects.

4) Market forces discusses central characteristics of developing countries agricultural markets, whilst ‘investing in stock’ highlights the rationality for people often avoiding cash economies.