In August 2011, MIX launched a map that displays the location of 819 microfinance banks currently licensed to operate in Nigeria. The map gives a basic view on the market supply of microfinance services, in the context of some key factors such as mobile penetration rates and unemployment levels.
January 3, 2012 - This past year has been one of the most challenging on record for the microfinance industry. As the sector dealt with the effects of a global financial crisis, publicity around questionable practices in certain markets, and rising awareness of the risks of over-indebtedness, the need for MIX’s objective, reliable, and comprehensive data and analysis became even more apparent.