2005 League of Champions for Latin America and the Caribbean

The second Championship League ranking was produced by MIX for publication in the Inter-American Development Bank’s magazine Microenterprise Americas. The article ranks Latin American and Caribbean microfinance institutions based on performance in 2004 in seven categories including scale, efficiency, and profitability.

With average Adjusted Return on Assets over 4% and an average Outstanding Loan Balance of less than 1,000 USD, Latin America’s 80 leading microfinance institutions are lending small amounts while achieving record profitability. Emerging leaders in almost every category of performance and improved performance of historical participants are the main stories this year. As a group the leading 80 MFIs—representing the pioneers and younger vanguard—shattered multiple performance records.