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| Article Name : | | | ASSESSING AND IMPROVING THE IMPACT OF MICROCREDIT: ISSUES, CHALLENGES & FUTURE DIRECTIONS | | Author Name : | | | SOUMITRO CHAKRAVARTY AND AMAR NATH JHA | | Publisher : | | | Ashok Yakkaldevi | | Article Series No. : | | | ROR-385 | | Article : | |  | Author Profile | | Abstract : | | | The issue of impact assessment continues to challenge microcredit practitioners. Some opine that existing impact assessment studies are superfluous, while others maintain they are critically important. The present paper strongly recommends renewed focus on the transformation of clients and their communities, as well as needs for new impact assessment models to support and document this focus. It aims to outline the key principles for conducting impact audits that include measurement of transformation among clients. Further, it also outlines future challenges for practitioners, donors, and academics in improving performance through impact assessment. | | Keywords : | | - Microcredit, Impact Measurement, audit, poverty alleviation, transformation. ,Microcredit, Impact Measurement, audit, poverty alleviation, transformation.
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