Embedding Social Performance Management in Financial Service Delivery

After decades of growth and experimentation, financial service providers (FSPs) have learned that to achieve financial inclusion and generate benefits for lower-income clients, one must be customer-centric. The products should be designed to help...

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Bibliographic Details
Main Authors: Koning, Antonique, Wardle, Leah
Format: Brief
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2014/05/20234771/embedding-social-performance-management-financial-service-delivery
http://hdl.handle.net/10986/20261
id okr-10986-20261
recordtype oai_dc
spelling okr-10986-202612021-04-23T14:03:55Z Embedding Social Performance Management in Financial Service Delivery Koning, Antonique Wardle, Leah ACTION PLAN BORROWER BUSINESS CASE BUSINESSES CERTIFICATION STANDARDS COLLATERAL COMPANY CUSTOMER BASE CUSTOMER SEGMENTS CUSTOMER SERVICE DEEDS DEFAULT RATE DEPOSIT DEPOSIT-TAKING INSTITUTIONS ECONOMIC OPPORTUNITIES EMPLOYEE ENTRY POINTS EXPANSION FEMALE CLIENTS FINANCIAL NEEDS FINANCIAL PERFORMANCE FINANCIAL RETURNS FINANCIAL SERVICE FINANCIAL SERVICE PROVIDERS FINANCIAL SERVICES FINANCIAL SUSTAINABILITY FORMS OF COLLATERAL GROUP LOANS GROWTH RATE HUMAN RESOURCE INCOME INDUSTRY STANDARDS INSTITUTION INTEREST RATES INTERNAL AUDIT INVESTING LAND TITLE LAND TITLES LOAN LOAN APPLICATIONS MARKET DEVELOPMENT MARKET RESEARCH MARKET SEGMENTATION MARKET SHARE MFI MFIS MICRO FINANCE MICROBANKING MICROFINANCE MICROFINANCE INDUSTRY MICROFINANCE INSTITUTIONS MICROLOAN NETWORKS NEW BUSINESS NEW PRODUCT NEW PRODUCTS OUTREACH PDF PERFORMANCE DATA PERFORMANCE INDICATORS PHOTOS PORTFOLIO PORTFOLIO QUALITY PRIVACY PRODUCT INFORMATION PRODUCTIVITY PROFITABILITY PROTOCOLS REGULATOR REGULATORS REPAYMENT REPUTATION RESPONSIBLE BANKING RESULT RESULTS RETENTION RETURN RISK MANAGEMENT SERVICE PROVIDERS SOCIAL INVESTORS SOCIAL MISSION SOCIAL PERFORMANCE TARGETS TECHNICAL ASSISTANCE TRANSPARENCY TURNOVER TURNOVER RATE USES WEB WEB SITE WORKING HOURS After decades of growth and experimentation, financial service providers (FSPs) have learned that to achieve financial inclusion and generate benefits for lower-income clients, one must be customer-centric. The products should be designed to help the poor improve lives, and service delivery must be responsible, transparent, fair, and safe. Decision-making at each level of the business should place customers at the center, to ensure solutions add value to people's lives. Some FSPs are customer-centric: their systems, processes, and employees help build loyalty, trust, and long-term relationships with customers. Others find it challenging, especially when serving low-income customer segments. 2014-09-29T20:40:33Z 2014-09-29T20:40:33Z 2014-05 http://documents.worldbank.org/curated/en/2014/05/20234771/embedding-social-performance-management-financial-service-delivery http://hdl.handle.net/10986/20261 English en_US CGAP brief; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Brief Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACTION PLAN
BORROWER
BUSINESS CASE
BUSINESSES
CERTIFICATION STANDARDS
COLLATERAL
COMPANY
CUSTOMER BASE
CUSTOMER SEGMENTS
CUSTOMER SERVICE
DEEDS
DEFAULT RATE
DEPOSIT
DEPOSIT-TAKING INSTITUTIONS
ECONOMIC OPPORTUNITIES
EMPLOYEE
ENTRY POINTS
EXPANSION
FEMALE CLIENTS
FINANCIAL NEEDS
FINANCIAL PERFORMANCE
FINANCIAL RETURNS
FINANCIAL SERVICE
FINANCIAL SERVICE PROVIDERS
FINANCIAL SERVICES
FINANCIAL SUSTAINABILITY
FORMS OF COLLATERAL
GROUP LOANS
GROWTH RATE
HUMAN RESOURCE
INCOME
INDUSTRY STANDARDS
INSTITUTION
INTEREST RATES
INTERNAL AUDIT
INVESTING
LAND TITLE
LAND TITLES
LOAN
LOAN APPLICATIONS
MARKET DEVELOPMENT
MARKET RESEARCH
MARKET SEGMENTATION
MARKET SHARE
MFI
MFIS
MICRO FINANCE
MICROBANKING
MICROFINANCE
MICROFINANCE INDUSTRY
MICROFINANCE INSTITUTIONS
MICROLOAN
NETWORKS
NEW BUSINESS
NEW PRODUCT
NEW PRODUCTS
OUTREACH
PDF
PERFORMANCE DATA
PERFORMANCE INDICATORS
PHOTOS
PORTFOLIO
PORTFOLIO QUALITY
PRIVACY
PRODUCT INFORMATION
PRODUCTIVITY
PROFITABILITY
PROTOCOLS
REGULATOR
REGULATORS
REPAYMENT
REPUTATION
RESPONSIBLE BANKING
RESULT
RESULTS
RETENTION
RETURN
RISK MANAGEMENT
SERVICE PROVIDERS
SOCIAL INVESTORS
SOCIAL MISSION
SOCIAL PERFORMANCE
TARGETS
TECHNICAL ASSISTANCE
TRANSPARENCY
TURNOVER
TURNOVER RATE
USES
WEB
WEB SITE
WORKING HOURS
spellingShingle ACTION PLAN
BORROWER
BUSINESS CASE
BUSINESSES
CERTIFICATION STANDARDS
COLLATERAL
COMPANY
CUSTOMER BASE
CUSTOMER SEGMENTS
CUSTOMER SERVICE
DEEDS
DEFAULT RATE
DEPOSIT
DEPOSIT-TAKING INSTITUTIONS
ECONOMIC OPPORTUNITIES
EMPLOYEE
ENTRY POINTS
EXPANSION
FEMALE CLIENTS
FINANCIAL NEEDS
FINANCIAL PERFORMANCE
FINANCIAL RETURNS
FINANCIAL SERVICE
FINANCIAL SERVICE PROVIDERS
FINANCIAL SERVICES
FINANCIAL SUSTAINABILITY
FORMS OF COLLATERAL
GROUP LOANS
GROWTH RATE
HUMAN RESOURCE
INCOME
INDUSTRY STANDARDS
INSTITUTION
INTEREST RATES
INTERNAL AUDIT
INVESTING
LAND TITLE
LAND TITLES
LOAN
LOAN APPLICATIONS
MARKET DEVELOPMENT
MARKET RESEARCH
MARKET SEGMENTATION
MARKET SHARE
MFI
MFIS
MICRO FINANCE
MICROBANKING
MICROFINANCE
MICROFINANCE INDUSTRY
MICROFINANCE INSTITUTIONS
MICROLOAN
NETWORKS
NEW BUSINESS
NEW PRODUCT
NEW PRODUCTS
OUTREACH
PDF
PERFORMANCE DATA
PERFORMANCE INDICATORS
PHOTOS
PORTFOLIO
PORTFOLIO QUALITY
PRIVACY
PRODUCT INFORMATION
PRODUCTIVITY
PROFITABILITY
PROTOCOLS
REGULATOR
REGULATORS
REPAYMENT
REPUTATION
RESPONSIBLE BANKING
RESULT
RESULTS
RETENTION
RETURN
RISK MANAGEMENT
SERVICE PROVIDERS
SOCIAL INVESTORS
SOCIAL MISSION
SOCIAL PERFORMANCE
TARGETS
TECHNICAL ASSISTANCE
TRANSPARENCY
TURNOVER
TURNOVER RATE
USES
WEB
WEB SITE
WORKING HOURS
Koning, Antonique
Wardle, Leah
Embedding Social Performance Management in Financial Service Delivery
relation CGAP brief;
description After decades of growth and experimentation, financial service providers (FSPs) have learned that to achieve financial inclusion and generate benefits for lower-income clients, one must be customer-centric. The products should be designed to help the poor improve lives, and service delivery must be responsible, transparent, fair, and safe. Decision-making at each level of the business should place customers at the center, to ensure solutions add value to people's lives. Some FSPs are customer-centric: their systems, processes, and employees help build loyalty, trust, and long-term relationships with customers. Others find it challenging, especially when serving low-income customer segments.
format Publications & Research :: Brief
author Koning, Antonique
Wardle, Leah
author_facet Koning, Antonique
Wardle, Leah
author_sort Koning, Antonique
title Embedding Social Performance Management in Financial Service Delivery
title_short Embedding Social Performance Management in Financial Service Delivery
title_full Embedding Social Performance Management in Financial Service Delivery
title_fullStr Embedding Social Performance Management in Financial Service Delivery
title_full_unstemmed Embedding Social Performance Management in Financial Service Delivery
title_sort embedding social performance management in financial service delivery
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2014/05/20234771/embedding-social-performance-management-financial-service-delivery
http://hdl.handle.net/10986/20261
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