SONATA: Progress out of Poverty Index (PPI). Pilot Summary of Analysis February 2009. Sonata’s Mission and Goals. Mission: “Identify and motivate poor women in a cost-effective way and deliver them micro finance services in an honest, timely and efficient manner." Goal:
Pilot Summary of Analysis
“Identify and motivate poor women in a cost-effective way and deliver them micro finance services in an honest, timely and efficient manner."
“SONATA's ambition is to ensure that at least 50% of people who enter the program cross the poverty line within 5 years of participation in the program.”
What is it?
*Clients without a loan cycle specified were not used in the analysis and are displayed under the ‘Applied for Loans’ column.
**32 entries were not included in the analysis due to duplicate entries.
Looking at the entering clients(below), it is clear that the rural clients are more likely to be poor (29.7% below National Poverty Line as compared to 12.2% for the entering Urban clients.)
Branch wise classification
For both entering and renewal clients, the higher the loan amount, the less likely the client will be below the poverty levels (excluding those with a loan amount of zero).
Management Information Systems
Quality control & validate requirements
New employee (staff & Mgrs) training
Collection quality control
Based on the same data1 the PPI is based on:
1Source: Microfinance Risk Management, L.L.C. based on Schedule 1.0 of Round 62 (July 2005 to June 2006) of India's Socio-Economic Survey (SES) conducted by the National Sample Survey Organization (NSSO, 2005).