Microfinance Focus, "MIX Report Show Declining Profits of Microfinance Institutions"
Publication Date:
Jul 16, 2009
Source:
After showing growth early this decade, profit margins of microfinance institutions have flattened relative to their asset bases, finds analysis of data between 2005 and 2007 by the Microfinance Information Exchange, Inc. (MIX). MIX announced the findings on Wednesday in its latest issue of MicroBanking Bulletin, covering benchmark trend lines of 487 MFIs in 78 countries.
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