Sustainable Microfinance - Balanced Scorecard's added value for ...

CS a woman that makes jewellery and has an annual turnover of !4000,-. Everybody laughs about that,
but in the meantime she is busy, has her own business and might have a curtain dignity and status
within her scene. That is also a contribution
CS primarily the objective is to get somebody to work, he can get other people to work, that they are out of
that circuit and can become sustainable,
AP a lot of people copy each other’s business
AP Somebody has an idea and than they do the same. Those people create a stiff competition for each
other.
AP It is not going to be a very profitable business, they will be able to repay their loan, they will have
something left, and because they had nothing everything that will be left is a substantial improvement
AP That is exactly the same, they do not innovate, that is true.
AP people are rational nuts maximizers, if it does not work they will stop with it.
AP from a relative perspective it does make a difference.
AP It can cause an increase in income of sometimes thirty to forty percent. That percentage of almost
nothing is still almost nothing, but it is a little bit more than you had before.
Elmar Hoogendoorn 109
Sustainable Microfinance