2008 Benchmarks for Latin America and the Caribbean Now Available!
Performance data from a record 332 institutions collected
The Microfinance Information Exchange, Inc. (MIX) has just released the latest benchmarks for Latin America and the Caribbean. Benchmarks - medians of aggregated data - provide a view of an industry and specific markets and segments within that industry. In the case of Latin America microfinance institutions (MFIs), the benchmarks illustrate performance among all MFIs in the region and within specific peer groups, such as sub-region, charter type, profit status, scale and outreach. These peer groups help us understand the performance of microfinance in the region, within the context of those peer groups.
The new set of Latin America MFI benchmarks are based upon the latest performance data, from fiscal year 2008, and include data from a record 332 institutions from 18 countries in the region. This is the largest data set to date for the benchmarks in the region, representing a more than 17 percent increase over last year’s data set. This robust data set allows us a more complete and reliable view of the market. For the second year in a row, the benchmarks include types of credit, segmented by consumer and microenterprise.
The 2008 data set was collected by MIX in collaboration with eight regional partners: COPEME (Peru), REDCAMIF (Central America), RFR (Ecuador), ASOFIN (Bolivia), FINRURAL (Bolivia), ProDesarrollo (Mexico), FGV-EBAPE (Brazil) and RADIM (Argentina). The benchmarks are currently available online in English, Spanish, and Portuguese.