2009 Microfinance Americas: The Top 100
This document published by the Multilateral Investment Fund of the Inter-American Development Bank and the Microfinance Information eXchange, Inc. (MIX) presents a ranking of America’s leading MFIs for 2008.
The report is based on a survey of 229 MFIs by MIX. The study collected and analyzed data from auditors, regulatory agencies, risk-ranking agencies, and other independent sources to report on MFI performance. Findings indicate that, in 2008:
- MFIs managed USD 14.7 billion, channeled through more than 13.4 million products and loans for low-income clients in 18 countries in the region;
- Microenterprise lending grew 20.9%, for a total of USD7.9 billion distributed in 8.2 million loans.
The report uses a ranking based on the methodology established by the MIX Global 100 Composite. It uses outreach, efficiency, and transparency as three pillars that indicate performance. Each MFI obtains a certain score by combining the indicators that comprise each pillar. Top performance implies maximizing results in different areas by improving outreach, minimizing risk, reducing costs, and improving returns.
