European microfinance 2024

At Fortune Credit, we are constantly learning and evolving to serve our communities better. Lasr week, we had the privilege of participating in this year’s European Microfinance Week, a premier event bringing together global practitioners, experts, and organizations committed to driving sustainable change through microfinance and impact investing.

Our CEO Janet Kuteli shared valuable insights during the session on “Impact Data Management: Experiences, Challenges, and Lessons from Impact Investing Practitioners.” Tthe key takeaways from her presentation were:

✅ Measuring Impact is an Ongoing Process
Impact assessment isn’t a one-time activity—it’s a continuous journey. Regularly collecting and analyzing data ensures that we remain accountable to our mission and stakeholders. It also allows us to adapt and refine our approach to meet the needs of our clients more effectively.

✅ Results Vary, and That’s Okay
Every time we measure results, we encounter diverse outcomes: some areas show improvement, others may remain stagnant or even regress. The key is to view this data not as a final verdict but as a tool for growth. These insights guide us to identify what works, understand challenges, and make data-driven decisions to enhance our impact.

✅ Baseline Assessments Are Crucial
A strong foundation for impact measurement starts with baseline assessments. By comparing performance over time against the initial data, we gain a clear picture of progress. This approach helps us evaluate whether our interventions are truly making a difference and where adjustments are needed.

We’re inspired by the conversations at EMW2024 and the shared commitment to driving positive change through thoughtful and rigorous impact data management. As we return to Kenya, we’re more determined than ever to integrate these lessons into our work, ensuring that every loan, every project, and every initiative contributes to sustainable growth for our clients and communities.

We extend our gratitude to the organizers of EMW2024 and to the speakers and participants who enriched this session with their insights. Together, we’re shaping a future where microfinance isn’t just about access to capital—it’s about creating lasting, measurable impact.