The Microfinance Information eXchange (MIX) just released its 2008 Global 100 Composite Rankings, which ranks microfinance institutions on the basis of profitability, efficiency, outreach, and transparency using information published on MIX Market. The rankings, which MIX admits are still a work in progress, seek to "offer a starting point for analysis of institutions operating in the sector."
Of more than 1,300 MFIs listed on the MIX Market, only 652 made the cut to be rated (based on the fact that they are profitable). Of these, South Asian MFIs took the spotlight, with 6 spots in the top 10, and India took the lead as the only country with more than 10 MFIs in the rankings. Of note, SKS ranked 2nd, having expanded outreach by more than 200% in the last year alone.
The best part is that any MFI can access a tool to determine where they would fall in the rankings.
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