Research and Studies (RaS)
Most institutions providing financial services to the poor operate with a corporate mission that includes poverty reduction, and donors have allocated increasing amounts of funds to microfinance on this basis. To determine whether microfinance services have achieved their desired results, it is crucial to assess the social and economic impact of microfinance, feasibility, market demand and supply, and products and services needs. Therefore, impact assessment, research and study have become a necessity for microfinance stakeholders. Development partners want to ensure that their resources are used to meet their objectives and emphasize the need for impact assessment. Therefore, CMF’s initiatives for research and studies are aimed at understanding the impact of microfinance products and services, and address the emerging issues in microfinance and rural development. CMF provides a wide range of expertise services in developing hill models, comparative study of best practices, analysis of cost effectiveness of microfinance programs, identifying training needs of MFIs, developing appropriate microfinance model for excluded groups, study on women’s empowerment achieved through microfinance, MF related policies and their critical review. CMF has completed more than 39 research / action researchprojects with the support of WIDTECH, USAID, UNDP, IFAD, ILO, ICIMOD, CGAP, SNV, PACT, GTZ, CCO, IMPACT, SDC, IDS, MEDEP, ADRA, CECI, UNIFEM, Save the Children US, CCA and WE. CMF also runs Resource Center for Knowledge Management in Microfinance Services, which has more to do with human relationships and the interchange between experienced and junior learners than with the effectiveness of any particular knowledge management system. CMF facilitates research documentation, communication and information dissemination on MF issues, promotion of best practices and other MF related studies, mapping of knowledge, maintenance of rosters, and documentation of case studies, tacit knowledge recording and management.
Currently it has 1500 research reports and books related to microfinance, MF Directory (Nepal), CDs, audio visual materials, training manuals, case studies, wall posters, and occasional papers. It also offers internship to new learners in the microfinance sector and develops human resources with reward and recognition.