Microfinance Information Exchange (MIX), the US-based nonprofit data provider, recently announced that it has integrated information on the software providers used by microfinance institutions (MFIs) into its MIX Market online database. The information is made available to MIX by CGAP (Consultative Group to Assist the Poor) with the aim of capturing a more detailed view of how MFIs support their core operations. The information can be accessed on the MIX Market via the “Service Provider” tab at http://mixmarket.org. Technology providers may also post their profiles on the MIX Market site.
By Jacqueline Foelster, Research Associate
About Microfinance Information Exchange (MIX): Established in 2002, Microfinance Information Exchange (MIX) is a nonprofit organization with headquarters in Washington, DC, and regional offices in Peru, Senegal, India and Indonesia. MIX provides detailed financial and social performance information from microfinance institutions (MFIs), as well as business information from market facilitators, donor organizations and investors in microfinance. MIX was founded by CGAP (Consultative Group to Assist the Poor) and is sponsored by Citi Foundation, Deutsche Bank Americas Foundation, International Fund for Agricultural Development (IFAD) and the Bill & Melinda Gates Foundation.
About CGAP (Consultative Group to Assist the Poor): Housed at the World Bank Group, CGAP (Consultative Group to Assist the Poor) is an independent policy and research center dedicated to facilitating the provision of financial access to poor people worldwide. CGAP is supported by approximately thirty development agencies and private foundations. Its mission is to provide market intelligence, to promote standards and to offer advisory services to governments, microfinance providers, donors and investors.
Sources and Additional Sources:
[1] Microfinance Information Exchange (MIX) Press Release, March 31, 2011, “MIX Integrates CGAP’s Software Listings into MIX Market”, http://www.themix.org/press-release/mix-integrates-cgaps-software-listings-mix-market
MicroCapital.org Brief, March 28, 2011, “Microfinance Information Exchange (MIX) Confirms Launch of New Fee-Based Features in Mid-2011”, https://www.microcapital.org/microcapital-brief-microfinance-information-exchange-mix-confirms-launch-of-new-fee-based-features-in-mid-2011/
MicroCapital.org Brief, March 22, 2011, “Microfinance Information Exchange (MIX) Analyzes Profitability of Microfinance Institutions (MFIs)”, https://www.microcapital.org/microcapital-brief-microfinance-information-exchange-mix-analyzes-profitability-of-microfinance-institutions-mfis/
MicroCapita.org Brief, November 30, 2010, “CGAP (Consultative Group to Assist the Poor) Grants Transparency Certificates to Microfinance Investment Vehicles (MIVs) That Adhere to Environmental, Social and Governance (ESG) Standards”, https://www.microcapital.org/microcapital-brief-cgap-consultative-group-to-assist-the-poor-grants-transparency-certificates-to-microfinance-investment-vehicles-mivs-that-adhere-to-environmental-social-and-governance-esg-s/
MicroCapital Universe Profile: Microfinance Information Exchange (MIX), https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Microfinance+Information+Exchange+%28MIX%29
MicroCapital Universe Profile: CGAP (Consultative Group to Assist the Poor), https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=CGAP+%28Consultative+Group+to+Assist+the+Poor%29
Browse the MicroCapital Universe and add your entry to the wiki at: https://www.microcapital.org/microfinanceuniverse/
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