Javier Sierra, faculty member of the Global and International Studies Program, participated at the 5th European Research Conference on Microfinance, organized by the University of Portsmouth, the Center for European Research on Microfinance (CERMi) and the European Microfinance Platform, last June, 12 th to 14 th. He presented the paper entitled “The Road Map of Microfinance Evaluation” within the parallel session on Evaluation and Impact; and the paper “Determinants to Microfinance Efficiency” at the parallel session on Performance.