MICROCAPITAL BRIEF: MicroFinanza Rating Issues 27 Rating Updates, New Reports for Microfinance Institutions in the Philippines, Latin America

During October 2017, MicroFinanza Rating (MFR) issued a Micro­finance Institutional Rating (MIR) of BB with a Stable outlook to Rangtay sa Pagrang-ay Microfinance of the Philippines. MFR also updated the MIRs of three affiliates of US-based Pro Mujer Incor­porated: Pro Mujer Argentina’s was confirmed at BB+ with a Positive outlook; Pro Mujer Nicaragua’s was confirmed at BBB+ with a Stable outlook; and Pro Mujer Mexico’s was upgraded from BBB- with a Negative outlook to BBB- with an outlook Under Observation. As for Credit Ratings, MFR issued reports on 12 Ecuadorian and 11 Bolivian institutions.

By the MicroCapital Team

Sources and Additional Resources

Information provided directly to MicroCapital by MicroFinanza Rating.

Rangtay sa Pagrang-ay Microfinance

Pro Mujer

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