This report presents the financial and operating data of 1064 financial service providers (FSPs) that have reported to MIX Market during the year, providing 112.5 million financially underserved clients with access to credit, corresponding to a gross loan portfolio of USD 87.3 billion. The report finds that the microfinance sector continues to primarily serve female borrowers, representing 81.0% of total borrowers. At a global level, the surveyed financial service providers (FSPs) recorded 12.6% annual loan growth and 13.9% growth in borrowers. Return on assets (ROA) for institutions reporting to MIX aggregated to 2.5% whereas return on equity (ROE) stood at 13.8% in FY 2014.
Aug 8, 2016