MICROCAPITAL BRIEF: MicroFinanza Rating Issues 5 Institutional, Social Credentials to Microfinance Institutions in Ecuador, Mexico, Palestine, Rwanda

Italy’s MicroFinanza Rating (MFR) issued two microfinance institutional ratings during September. Palestine’s Asala Company for Credit and Development was assigned a grade of BB+ with a “stable” outlook, and Inkunga Finance of Rwanda was assigned a grade of B with a “positive” outlook.

MFR also conducted monitoring on two previously rated institutions, Amret of Cambodia and Credicampo of El Salvador. Amret’s rating of A- with a stable outlook was confirmed. Credicampo’s rating of BBB- was also confirmed, but its outlook was increased from “under observation” to stable.

In addition, MFR issued Social Ratings for the following organizations: Banco Solidario of Ecuador, which earned an A; Asala, which earned an A-; and Mexico’s Conserva, which earned a BB-.

By the MicroCapital Team

Sources and Additional Resources

Information provided directly to MicroCapital by MicroFinanza Rating.

Amret
http://www.amret.com.kh/

Asala
http://asala.ps/

Banco Solidario
http://www.banco-solidario.com/

Conserva
http://conserva.com.mx/

Credicampo
http://www.credicampo.com.sv/

Inkunga
http://inkungafinance.com/

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