The Client Protection Pathway seeks to promote the ethical treatment of Micro & SME Finance borrowers worldwide
DAI Asset Management (“DAI-AM”), formerly MicroVest Capital Management, urges Microfinance and SME Finance Institutions to adopt CERISE + SPTF’s Client Protection Standards by joining the Client Protection Pathway, a new initiative designed to guide lenders in implementing responsible client protection principles across their businesses. The CP Standards were designed to protect the borrowers of Microfinance and SME Finance Institutions from unfair, deceptive, or abusive lending practices and equip borrowers with the information, steps, and tools necessary to make sound financial decisions. The CP Standards are embedded within the Universal Standards for Social Performance Management and are a key component of social impact evaluation.
DAI-AM currently utilizes the CERISE-SPI4 ALINUS (Aligning investors due diligence to the Universal Standards) tool to assist with portfolio company underwriting when evaluating institution responsibility.
To learn more about joining the CP Pathway, please click here.
To view signatories of the Joint Statement, please click here.
DISCLOSURE INFORMATION
The information contained here has been provided by DAI Asset Management, LLC (“DAI-AM”) and no representation or warranty, expressed or implied is made by DAI-AM as to the accuracy or completeness of the information contained herein. Specific portfolio or pipeline companies discussed are for educational purposes only and do not represent all of the portfolio holdings and it should not be assumed that investments in the portfolio or pipeline company identified and discussed were or will be profitable. The companies profiled were selected based on their unique uses of technology in the context of social impact, with no reference to amount of profits or losses, realized or unrealized. The information presented on this page is for informational purposes only and is neither an offer to sell nor a solicitation of an offer to purchase an interest in any DAI-AM product (the “Funds”), and nothing herein should be construed as such. Any such offer or solicitation will be made only by means of delivery of a definitive private offering memorandum which contains a description of the significant risks involved in such an investment. Prospective investors should request a copy of the relevant Memorandum and review all offering materials carefully prior to making an investment.