The Microfinance Information Exchange (MIX), a US-based nonprofit organization that publishes financial and social performance information from microfinance stakeholders, recently released an analysis of microfinance institutions (MFIs) in Latin America and the Caribbean based on 2010 data. The study illustrates the urban/rural distribution of loan portfolios across the region, shows the segmentation deposits and analyses the Mexican and Nicaraguan markets in more detail.
One of the highlights from Mexico is an increase in first quarter 2010 loan portfolio growth from 14.3 percent to 24.8 percent. South America showed an 89-percent increase in loans granted in rural areas between 2008 and 2010. The study also outlined the impact of the “No Payment” movement in the Nicaraguan market.
By Kristha Abores, Research Associate
About Microfinance Information Exchange (MIX): The Microfinance Information Exchange (MIX) is a US-based nonprofit provider of performance data and analysis on microfinance institutions (MFIs), funders, networks and service providers dedicated to serving the financial needs of low-income clients. The mission of MIX is to strengthen the microfinance sector and financial inclusion in general by promoting transparency. The organization’s MIX Market website offers access to financial and social performance information covering approximately 2,000 MFIs. MIX publications include the MicroBanking Bulletin and MIX Microfinance World, which feature periodic research and data analysis. Incorporated in 2002, MIX is headquartered in Washington, DC, with regional offices in Azerbaijan, India, Morocco and Peru. Its supporters include the Bill & Melinda Gates Foundation, CGAP (Consultative Group to Assist the Poor), Omidyar Network, The MasterCard Foundation, the UN’s International Fund for Agricultural Development, the Michael & Susan Dell Foundation, Citi Foundation, Ford Foundation and Deutsche Bank.
Sources and Additional Resources:
[1] “2010 Latin America & the Caribbean Regional Snapshot,” http://www.themix.org/publications/mix-microfinance-world/2012/01/2010-l…
MicroCapital.org article, October 14, 2011, “MICROCAPITAL BRIEF: Microfinance Information Exchange (MIX) Launches Fee-Based ‘MIX Silver’,”https://www.microcapital.org/microcapital-brief-microfinance-information-…
MicroCapital.org article, September 20, 2011, “MICROCAPITAL BRIEF: Microfinance Information Exchange (MIX) Launches Interactive “Africa Map of Financial Inclusion for the Poor” With Funding From Canada’s MasterCard Foundation,” https://www.microcapital.org/microcapital-brief-microfinance-information-…
MicroCapital.org article, July 27, 2011, “MICROCAPITAL BRIEF: Microfinance Information Exchange (MIX) Announces 2,000 Microfinance Institutions Now Reporting to MIX Market,” https://www.microcapital.org/microcapital-brief-microfinance-information-…
MicroCapital.org article, May 25, 2011, “MICROCAPITAL BRIEF: Members of “No Pago” Movement in Nicaragua Propose to Pay Back Microfinance Debts Over 10 Years, Government Would Repay $25m Upfront,” https://www.microcapital.org/microcapital-brief-members-of-%E2%80%9Cno-pa…
MicroCapital.org article, November 6, 2009, “NEWS WIRE: Nicaragua: “No Payment Movement” Attacking Microfinance Industry,”https://www.microcapital.org/news-wire-nicaragua-no-payment-movement-atta…
MicroCapital Universe Profile: Microfinance Information Exchange (MIX), https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Mic…
Browse the MicroCapital Universe and add your entry to the wiki at: https://www.microcapital.org/microfinanceuniverse/
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