M-CRIL's Microfinance Rating Services

Publication Date: Mar 2001
Published by: World Bank
Document Type: Presentation

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What has M-CRIL to offer in rating services?

This presentation describes the microfinance rating services offered by Micro-Credit Ratings & Guarantees India Ltd. (M-CRIL). It presents:

• Objectives of establishing M-CRIL;
• The aim of the rating service;
• Objectives for rating microfinance services;
• M-CRIL's rating process.

• The role and composition;
• The description of the instrument;
• The organizational aspects;
• The management/ resource indicators;
• The economical/ financial aspects;
• Financial statements;
• Illustration of the use of scoring as a part of rating process.

• A sound rating methodology;
• International best practices;
• Rigorous field testing across different models;
• Continuous and iterative process of testing and improvement;
• Sound understanding of microfinance within the team;
• Rigorous process of inducting new staff;
• High quality of work through internal checks;
• Continuous improvement of reports.

Finally, the presentation lists M-CRIL's achievements in the area of rating and provides information on the review of the rating instrument.