Posts Tagged ‘MIX’

MF Focus, July 16, 2009: After showing growth early this decade, profit margins of microfinance institutions have flattened relative to their asset bases, finds analysis of data between 2005 and 2007 by the Microfinance Information Exchange, Inc. (MIX). MIX announced the findings on Wednesday in its latest issue of MicroBanking Bulletin, covering benchmark trend lines of 487 MFIs in 78 countries. The report finds that efficiency gains have become slimmer as institutions matured. Yet borrower outreach grew at a persistent rate across all regions, with loan portfolios growing even faster -- 47% in US dollar terms in 2007, due in part to a depreciating currency. Full story