Impact Assessment

Social Impact

External agencies like 60 Decibels, an impact measurement company in partnership with CGAP conducted interviews with SHARE Microfin Limited clients and provided a feedback report detailing the social and financial impact of SHARE Microfin Limited on its clients.
Following are few extracts from the report

  • 3 in 5 clients are accessing loans like SHARE’s loan for the first time.
  • 93% of clients reported an increase in money earned and Digitization clients are more likely to report "very much increased".
  • 95% of clients reported quality of life improvements because of SHARE Microfin Limited.
  • 92% of clients agreed that they didn’t have to reduce their household food consumption to make repayments.
  • Nearly 9 in 10 clients (90%) say their ability to face a major expense has improved because of SHARE.
  • 95% of clients with a financial goal say their ability to achieve this goal has improved because of SHARE Microfin Limited.
  • Overall, 3 in 5 clients prefer the new pre-approved loan offer: due to its easy approval process and timely disbursements.
  • Loans borrowed from SHARE have proven to have the biggest positive effect on children’s education and home improvements, along with an increase in the number and quality of meals.

Following are few case studies which speak for the Quality of work we produce and the amount of positive impact we create through our service:

Impact Study by IDS
The Impact assessment studies conducted by the Institute of Development Studies (IDS) in the United Kingdom in association with three Universities in the UK - Bath, Sheffield and Sussex has indicated that three out of four (76.8 per cent) of SHARE’s clients have experienced significant reduction in poverty, and half of them are no longer meagre. Women are able to solve their social problems and with increased opportunities coming their way, they are eager to look for better prospects in life.

Target Study by IFPRI
International Food Policy Research Institute (IFPRI), Washington, USA, supported by CGAP, has undertaken a study on “Assessing the Poverty Level of MFI Clients”. According to the survey, SHARE targeted the bottom most segment of the poor, enrolling about 85 per cent of the clients from them. This has proved that the tool used by SHARE is effective in targeting the poorest of the poor.

Micro credit and Women Empowerment Study by UNDP
A study conducted by the United Nations Development Program (UNDP) on ‘Microcredit and Women Empowerment through SHARE’ has come out with the following observations:

  • There is a sign of significant poverty reduction and it has been found that women have better control over income, assets and expenditure.
  • Women have started to break social barriers by interacting with other people in society, using their collective strength to address village issues more openly and boldly even before bureaucrats.
  • Significant decrease in child labour has been noticed and the importance of education among both boys and girls is felt.