Today, global emphasis has shifted to the systematic reporting on the progress microfinance institutions are making towards achieving their social goals. AMFIU has continued to build the capacity of member MFIs to track their social impact through using the Progress out of Poverty Index (PPI) tool. The PPI is a poverty measurement tool that enables organizations with a mission to serve the poor to manage their social performance with as much purpose and structure as they manage other aspects of their performance. The PPI enables organizations working with the poor to measure and analyze clients’ poverty levels in real-time. It contains 10 questions about a household’s characteristics and asset ownership which are scored to compute the likelihood that the household is living below the poverty line. The PPI for Uganda was created in June 2015 with indicators based on data from the 2012/13 National Household Survey (UNHS) conducted by Uganda Bureau of Statistics. The tool helps in identifying the clients, customers, or employees who are most likely to be poor or vulnerable to poverty, integrating objective poverty data into their assessments for strategic decision-making.

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AMFIU has organised a half day Microfinance Informal Information Exchange meeting to be held on Tuesday, 26th February 2013 Fairway Hotel starting at 2.00PM. The meeting will focus mainly on new mobile phone technologies that are transforming banking and microfinance in the East African Region and beyond. There will be a presentation on ELMA, an e-commerce platform that can used by Banks, MDIs, MFIs and SACCOs. As you are already aware Centenary Bank has just launched its Centemobile, which is powered by ELMA. Participation is through registeration on email: This email address is being protected from spambots. You need JavaScript enabled to view it. or 0312 265540 by Friday 22nd February 2013

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Today the Minister of State Microfinance, Caroline Okao Amali, launched the 2012 Citi Microentrepreneurship awards 2012 at the Citi Bank Office. The programme aims at promoting the effective role that microfinance plays in poverty alleviation and is organized in collaboration with AMFIU. The programme that started in 2006 in Uganda has seen over 129 entrepreneurs take home awards. According to Chinedu Ikwudinma, Citibank MD, Citi Foundation is committing $75,000 towards the micro entrepreneurship awards in Uganda. He further said that the 2012 awards are taking place in 28 countries including Uganda.

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