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EMN Policy Note - The Social Return on Investment

Publication Policy notes

This is a policy note to demonstrate that Social Return on Investment (SROI) is measurable proof that microfinance activities have a positive impact on the budget of public governments, by facilitating reduction strain on welfare systems and by raising direct taxes and social security income.

At the same time, SROI assesses the impact of microfinance on financial and social inclusion, contributing to the achievement of the ESF policy objectives.