Originally published: May 30, 2008
Source: Microfinance Information Exchange (MIX)
The Asian Development Bank (ADB) and the Microfinance Information Exchange (MIX) have announced the first-ever ranking of MFIs in the Asia-Pacific region. The ranking and accompanying analysis, titled 2007 MIX Asia 100, draw on outreach and performance results from 392 MFIs for the fiscal year 2006.
The MFIs were ranked in nine categories which include: number of borrowers, number of depositors, scale, market penetration, growth, profitability, efficiency, productivity and portfolio quality. Only Kashf Foundation, Pakistan managed to rank in eight of the nine categories. Seven organizations achieved top spots in seven categories and all these MFIs come from South Asia.
Blaine Stephens, COO of MIX said, "Asia is home to the some of the world’s fastest growing, most efficient and largest scale MFIs. These rankings, and the underlying data, may help MFIs in Asia and throughout the developing world as they compare their operations and seek areas of improvement."
Read the complete article: Asian Development Bank and Microfinance Information Exchange Publish Rankings of Asian Microfinance Institutions (Microfinance Information Exchange)