Oluwafunmilayo Akinosi; Daniel Nordlund; Alejandro Turbay , pp. 102. ING/School of Engineering, 2011.
Microfinance offers one way to combat poverty by providing access to credit and financial services to low-income borrowers. We argue that the interconnectedness of the socioeconomic and ecological system as well as the reliance on ecosystem services make it important to provide microcredit from a full sustainability perspective. We used the Framework for Strategic Sustainable Development, a scientific based systematic and strategic approach, to create a principle-based model of a microfinance institution operating in a socioeconomic and ecologically sustainable manner. This model was then compared with the circumstances in which these institutions currently operate. We then explored how taking a full sustainability perspective could meet current challenges and maximise opportunities. After a prioritisation process, we made recommendations on how these organisations could strategically move towards sustainability.