Forprofit microfinance rating company MicroRate has announced the completion of the following public microfinance institution ratings between January 2008 and September 2008:

SOCIAL RATINGS

D-MIRO – Ecuador – 3
ProMujer Nicaragua – Nicaragua – 3.5

PERFORMANCE RATINGS

Alide – Benin – gamma+
AMC – El Salvador – beta+
Caja Trujillo – Perú – alpha-
CAPA – Romania – beta+
CMAC Arequipa – Perú -alpha-
Confianza – Perú – beta+
CRAC Los Andes – Perú – beta
Crear Arequipa – Perú – alpha
Crear Tacna – Perú – alpha-
D-MIRO – Ecuador – beta+
ENDA – Tunisia – alpha-
Fie Gran Poder – Argentina – beta-
Finca México – Mexico – alpha-
Fincomun – Mexico – beta
Friendship Bridge – Guatemala – beta+
Fundeser – Nicaragua – alpha-
Idepro – Bolivia – beta-
INMAA – Morocco – beta-
LAPO – Nigeria – beta+
ODEF – Honduras – beta
Pride Uganda (PML) – Uganda – beta+
ProMujer Bolivia – Bolivia – alpha-
ProMujer Nicaragua – Nicaragua – beta+
WWB Bucaramanga – Colombia – alpha+
WWB Colombia – Colombia – alpha+
WWB Medellín – Colombia – alpha
WWB Popayán – Colombia -alpha+

MicroCapital has published several articles previously on MicroRate and microfinance ratings in general.