Submitted by Sokari Ekine on 27 May, 2008 - 19:45
Grameen have created a website "Progress Out of Poverty" which is a tool for measuring poverty - the Progress out of Poverty Index.
The PPI is based on an approach developed by Mark Schreiner of Microfinance Risk Management, L.L.C. It is a user-friendly tool that estimates the likelihood that clients fall below the national poverty line, the poverty line that defines the poorest half below the national poverty line or the $1/Day/PPP and $2/Day/PPP international poverty lines. While the PPI is built on a universal methodology, each PPI is country specific and based on that country's best nationally representative income and expenditure household survey.
At the moment PPIs exist for only a few countries - Bangladesh, India, Mexico, the Philippines, Haiti, Morocco, Bolivia, and Pakistan - but plans are in place to extend the number. The site provides an extremely useful resource for development workers and researchers wanting information about poverty levels and creating micro finance projects.
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