In 2000, the Campaign began independently verifying aspects of the data covering the previous year. The largest institutions provide the Campaign with names of donor agencies, research organizations, networks, or other institutions that can verify the total number of clients reached, the percent of all clients who are women, the number of poorest clients, and the percent of poorest clients who are women.
A letter is sent to potential verifiers asking them to confirm the data submitted by a given MFI. The letter says, “By confirm, we mean that you have visited the program, met with senior officials, reviewed aspects of the operation, they have provided you with numbers, and you believe that the institution and the numbers listed below are reliable and credible.” For a complete listing of verified institutions, go to Appendix II.
In the State of the Microcredit Summit Campaign Report 2000, 78 institutions, representing 67% of the poorest clients reported, had their data verified by a third party. This year, data from 296 institutions was verified, representing 77.7% of the total poorest clients reported, or 96,630,989 poorest families.
Table 2: Results of the Verification Process
(December 31, 1997, to December 31, 2011)
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