Microfinance Reporting Standards
Microfinance is a diverse and fragmented global industry. Due to its very nature, operating in different regions and countries under a variety of regulations and laws, no standardization body exists for it.
With expertise in financial analysis and benchmarking for microfinance institutions, MIX is a leader in creating and tracking standards for the microfinance industry.
MIX is a frequent advisor to and participant in industry best practice and standard-setting working groups, and is actively helping to define financial and social performance reporting standards. In this respect MIX works closely with the Small Enterprise Education and Promotion (SEEP) Network and the Consultative Group to Assist the Poor (CGAP), as well as a number of other institutions.
MIX’s role in best practices and industry standardization efforts lie in core competencies in accounting, financial analysis, and benchmarking processes.
Over the years, MIX has proven to be a key contributor to the development of a number of financial performance standards, endorsed by a wide range of microfinance stakeholders.
In addition to financial standards, MIX is currently focusing on the development and implementation of technology standards and social performance standards for microfinance.
To learn more about MIX’s leadership in reporting frameworks for microfinance, click one of the links to the right.