Microfinance Market Trends in Latin America and the Caribbean

A regional microfinance market analysis from 2009-2014

Microfinance Information Exchange, Inc. (MIX) and the Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank (IDB) Group, are pleased to present the sixth edition of their report “Microfinance Market Trends in Latin America and the Caribbean.”

A sample of 58 microfinance institutions, drawn from among the institutions reporting to MIX, was selected for the preparation of this report. Data were taken as of December 31st for each year in the period 2009-2014. This sample represents 55% of total borrowers and 58% of the gross loan portfolio in the region (as reported to MIX). The indicators selected for this sample of financial service providers that specialize in microcredit or loans to microentrepreneurs demonstrate their importance as players not only in the microfinance industry, but also for financial inclusion. The growth in number of borrowers and deposit accounts, and their strong focus on providing financial services to microenterprises, attest to this importance.

All data and information in this report have been obtained from the regional credit portfolio reported to MIX, taking into consideration lending methodology, geographical location, and borrower gender, as well as deposit structure by product. These data, along with credit data and other financial performance metrics, provide a comprehensive view of the evolution of the industry in the region.

About this Publication

By Martinez, R.