SPIR Announcement: Borvor Finance PLC

Annonce d’une Note de Performance Sociale et d’impact (SPIR)

Inclusion [Social Ratings] today released a newly assigned Social Performance & Impact Rating (SPIR) on Borvor Finance PLC (Borvor), a rural credit operator based in Battambang City, Cambodia.

Borvor’s Social Mission is “To provide affordable financial services to low-income families, especially women, responsive to their needs to improve their living standard.”

Inclusion [Social Ratings] assigned Borvor an SPIR rating grade of SPIR3, following remote due diligence of the organization’s operations and interviews with customers and staff. An SPIR3 rating indicates that an organization’s infrastructure and processes are consistent with a good likelihood of operating in the best interests of its customers, that this is among its highest priorities and that it attempts to manage the risk of causing adverse effect to its customers and other stakeholders.

Une notation SPIR3 est cohérente avec une IMF qui :

adhère aux bonnes pratiques sur la plupart des facteurs clés de la notation SPIR ;
démontre qu'elle dispose de systèmes d'information, de contrôles internes et de procédures adéquats en ce qui concerne la informations fournies pour le SPIR ;
maintient des normes raisonnables en termes de pratiques de protection des clients.
Inclusion [Social Ratings]’s SPIR on Borvor is based on Inclusion [Social Ratings]’s Social Performance Rating Methodology. An SPIR measures social performance on a fifteen-point scale, in which SPIR1+ is the highest grade and SPIR5-, the lowest.

About Inclusion [Social Ratings]’s Social Performance & Impact Ratings

Inclusion [Social Ratings]’s SPIR is an independent analysis of the operations of a microfinance institution that helps stakeholders better understand how effective it is at translating its social mission into practice.

Inclusion [Social Ratings] est une agence de notation reconnue par la Social Performance Task Force (SPTF) et s'engage à soutenir la mission de la SPTF en s'engageant avec les acteurs de la microfinance à développer, diffuser et promouvoir des normes et des bonnes pratiques pour la gestion et le reporting des performances sociales, et en proposant son SPIR, une norme globale et complète pour mesurer la performance sociale. 

Un rapport de notation complet peut également être téléchargé sur notre site web à l'adresse ici.

If you need further information on these ratings or about Inclusion [Social Ratings]’s other social performance ratings, please contact Santiago Arnaudin at sarnaudin@inclusionsocialratings.org.