Posts Tagged ‘MIX’

Microfinance Focus, Oct 22, 2010: Microfinance institutions in Latin America and the Caribbean are increasingly relying on deposits as a major source for microfinance. Deposits account for almost 80 percent of portfolio financing for deposit-mobilizing institutions. These findings were reported in the 2010 edition of ‘Microfinance Americas: The Top 100’ released by Microfinance Information Exchange (MIX) and the Multilateral Investment Fund (MIF). The vast majority of ... Full story

Microfinance Focus, Aug 20, 2010: The Latin American and the Caribbean region (LAC), which is home to some of the most evolved microfinance institutions (MFIs) in the world has reported an eroding profitability in the latest Benchmark published by Microfinance Information Exchange for 2009. Although the region’s 343 MFIs who reported to MIX have accumulated a Gross Loan Portfolio of US$ 19.6 billion representing a 25.4% ... Full story

Microfinance Focus, June 29, 2010: Rockefeller Foundation will be funding the data sharing between the Microfinance Information Exchange (MIX) and the Global Impact Investing Network (GIIN) to develop a structured data feed that will enable the GIIN Impact Reporting and Investment Standards (IRIS) initiative to access financial and social performance data from more than 1,800 microfinance institutions (MFIs) currently reporting to MIX. Data exchange will ... Full story

Microfinance Focus, June 18, 2010: The global financial crisis began to affect Russia by the end of 2008 and its microfinance sector got the blow when concerned over the threat of Ruble devaluation, the public began to withdraw their savings and convert them into foreign currency, resulting in a massive outflow of savings from Russian microfinance institutions (MFIs). Rising unemployment caused higher delinquency rates on ... Full story

Microfinance Focus, June 4, 2010: Microfinance Information Exchange (MIX) has yesterday granted certificates of transparency to 43 microfinance institutions (MFIs) from Arab countries at the Sanabel Annual Conference. These certificates recognize MFIs for their contribution to improving the transparency, quality, and reliability of microfinance information. Three MFIs - Al Majmoua of Lebanon, Al Amana of Morocco, and Enda of Tunisia - received 5 Diamond certificates, the ... Full story

Micorfinance Focus, May 31, 2010: Microfinance Information Exchange, Inc. (MIX) recognized 13 microfinance institutions (MFIs) from Eastern Europe and Central Asia for reporting their 2009 social performance data at the Microfinance Centre’s Annual Conference in Astana, Kazakhstan. AzerCredit of Azerbaijan received the Gold Social Performance Reporting Award, while Nor Horizon of Armenia and DemirBank of Azerbaijan both received the Silver Award. The Social Performance Reporting ... Full story

Microfinance Focus, May 24, 2010: Microfinance News Synopsis brings a compilation of industry headlines broadcasted by other news media from across the world. AccessBank awarded ‘5-diamonds’ by MIX: The leading microfinance business information provider, Microfinance Information Exchange (MIX), has awarded AccessBank with 5 diamonds – its highest ‘transparency’ rating. According to the Bank, MIX compiles data from microfinance organizations around the world and gives them a ... Full story

By Nagesh Narayana Microfinance Focus, March 4, 2010: The MIX Global 100 ranks MBK Ventura from Indonesia as the top performing MFI in 2009 for the second year in a row, in large part due to the MFI’s highly efficient operations. The 2009 edition of the MIX Global 100, now in its third year, surveyed 955 institutions from nearly 100 countries. The Microfinance Information Exchange (MIX), a ... Full story

By Nagesh Narayana Microfinance Focus, March 4, 2010: Bangalore-based NBFC-Microfinance, GFSPL ( Grameen Financial Services Pvt. Ltd) popularly known as Grameen Koota  was placed fourth in the rank of top 100 microfinance institutions in the world by the  Microfinance Exchange (MIX) in terms of performance in 2009. This year, 20 MFIs from India figured in the list of top 100 MFIs ranked by the MIX with ... Full story

By Nagesh Narayana Microfinance Focus, Jan. 19, 2010: In its first report on Kosovo microfinance benchmarking, the Microfinance Information Exchange (MIX) has listed the latest trends in Kosovo MFIs. It showed that the MFIs had increased their borrower base by 20 percent in 2008 and by 27 percent as of 31 October 2009 but the growth in portfolio was slower at 15% in the 3rd quarter of ... Full story

Microfinance Focus, Dec. 22, 2009: The Microfinance Information Exchange, Inc. (MIX), a non-profit company founded by CGAP (the Consultative Group to Assist the Poor) announced the re-launch of MIX Market. The website now set to provide increased functionality and tools for all users with multilingual content support in English, Spanish, French and Russian. The Mix has re-launched its website with partnership with The MasterCard Foundation. The ... Full story

Microfinance Focus, Dec. 4, 2009: The Microfinance Information Exchange, Inc., (MIX) a business information and data services provider for the global microfinance industry, announced the release of its latest data set, the 2008 MFI Benchmarks. The benchmarks cover financial and performance data from 1084 MFIs (microfinance institutions) throughout Asia, Africa, the Middle East, Eastern Europe and Latin America for calendar year 2008. "This data set documents the ... Full story

Microfinance Focus, Dec. 2, 2009: The Microfinance Information Exchange, Inc. has announced that the microfinance taxonomy it developed has been officially acknowledged by XBRL International, the coordinating body for all XBRL activities and standards. XBRL (eXtensible Business Reporting Language) is an open-source technology that is ideal for accounting and business purposes, and is used by leaders in the financial and banking industries, including the FDIC and ... Full story

Microfinance Focus, Aug. 21, 2009: More MFIs than ever before are using deposits such as savings accounts and time deposits to fund their operations and expansion, according to a new study by the Microfinance Information Exchange, Inc. (MIX). Full story