The Microfinance Information Exchange (MIX), a nonprofit organization founded in 2002 with headquarters in Washington, DC, has informed MicroCapital that it will be adding the MIX Funding Structure Data set to the MIX Market website in July 2010.
For fiscal year 2008, MIX has collected information on roughly 8,000 transactions from 800 MFIs. MIX anticipates public access to this database will increase microfinance transparency and enable a new level of analysis of funding flows to MFIs. Examples of this analysis can be seen in three papers MIX has published [1, 2, 3].
This data set anonymously aggregates data on microfinance institution (MFI) borrowing across various criteria: currency of origination, type or sub-type of lender, foreign or domestic lender, type of debt, MFI operating region, MFI operating country, interest rate and maturity. Users will be able to access the data from the existing MIX Market website, and will be able to answer a number of questions on the funding trends, such as:?
1. Amount of funding outstanding in US dollar terms for a given year in a country or a region of choice
2. Amount of funding outstanding in US dollar terms allocated to a variety of financial entities in a given region or country
3. Average interest rates and maturities of MFI borrowings in a given country/region or for a charter type of MFI
4. Amount outstanding in US dollar terms, average interest rates and maturities for a given type of lender (MIVs, commercial banks,
government, etc.)
By Matthew Castner, Research Assistant
About Microfinance Information Exchange (MIX):
MIX provides detailed financial and social performance information from microfinance institutions (MFIs), as well as business information from market facilitators and 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.
Additional Resources:
[1] The MIX: “The MicroBanking Bulletin No. 18,” Pg. 24, Spring 2009, http://www.themix.org/sites/default/files/MBB%2018%20Spring%202009_0.pdf
[2] The MIX: “Eastern Europe and Central Asia 2009 Microfinance Analysis and Benchmarking Report,” February 2010, http://www.themix.org/sites/default/files/2009%20ECA%20Microfinance%20Analysis%20and%20Benchmarking%20Report.pdf
[3] The MIX: “Latin America and the Caribbean 2009 Microfinance Analysis and Benchmarking Report,” January 2010, http://www.themix.org/sites/default/files/2009%20LAC%20Microfinance%20Analysis%20&%20Benchmarking%20Report%20-%20English_0.pdf
MicroCapital’s Microfinance Universe profile: Microfinance Information Exchange (MIX): https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Microfinance+Information+Exchange+%28MIX%29
Browse the MicroCapital Universe and add your entry to the wiki at https://www.microcapital.org/microfinanceuniverse/
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