The Ash Institute provides travel grants to HKS students working on their Policy Analysis Exercise, the capstone of the MPP (Masters in Public Policy) curriculum. This analytic and consultative professional product emanates from the students' work with a real-world client, under the close supervision of a faculty advisor with expertise in the topic area.

Visit us for more information regarding the Ash Institute's support of student field research.

Principles for Ethical Equity Investing in Microfinance Institutions

The purpose of this Policy Analysis Exercise is to identify and create consensus around core issues for inclusion in a Principles of Ethical Investing document for the Council of Microfinance Equity Funds (CMEF). The authors have generated a set of recommended concepts for inclusion in the CMEF document. These represent a consolidation of input from CMEF members, Microfinance Institution (MFI) managers, MFI clients and industry associations. The authors also present recommendations related to the appropriate structure of the document, negotiation strategy, ratification process, continued stakeholder engagement, disclosure, and compliance.