Beneficiaries are actors too.pdf - Southern Institute of Peace ...

more efficiently establish communication and liaison with the
industry for policy and other industry issues. On the other hand,
microfinance institutions, particularly locally based ones, feel
they need to bolster their voice and work together to support each
other and promote a more conducive environment for
microfinance.
Microfinance institutions play a fundamental role in funding
social enterprises that are crucial in creating real value
(combination of social and economic values). Due to that, their
sound operation is of great benefit to all, over and above the great
objective of meeting the financial needs of the poor who cannot
access conventional funding schemes.
Theoretical framework and methodology
Our study will benefit from the framework developed by Hulme
(2000) and Estapé‐ Dubreuil and Torreguitart‐ Mirada (2010). The
first section will discuss the main elements to a conceptual
framework put forward by Hulme (2000) whilst the second section
will clarify the approach we used as guided by the work of
Estapé‐ Dubreuil and Torreguitart‐ Mirada (2010).
All impact assessment exercises have a conceptual framework at
their heart and in many smaller scale exercises the framework is
implicit and may be seen as “common sense” (Hulme, 2000). Our
scale of analysis is zeroed to one town of Chinhoyi, which in this
context will be considered a small scale exercise as compared to a
national coverage. The three main elements to a conceptual
framework as suggested by Hulme (2000) are as follows:
a model of the impact chain that the study is to examine: This
involves assessing the difference in the values of key variables
between the outcomes on “agents” (individuals, enterprises,
households, populations, policymakers) which have
experienced an intervention against the values of those
variables that would have occurred had there been no
intervention. This takes the dimension of a control group and
the experiment group; despite being so informative this study
only considered one group (the experiment group). The
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