MICROCAPITAL STORY: Standard & Poor’s Ratings Services Release Recommendations for Standardized Rating System of Microfinance Institutions

Standard & Poor’s (S&P), the largest global provider of financial market intelligence, announces the release of a publication aiming to provide a consistent framework for mainstream investors to make better informed decisions in microfinance. The report, entitled “Microfinance: Taking Root in the Global Capital Markets,” is a global initiative that will allow microfinance institutions (MFIs) gain greater access to capital markets. “The lack of consistent metrics for analyzing MFIs has hindered investment at a time when microfinance is growing at a significant rate,” said Cynthia Stone, Managing Director and chair of the Emerging Markets Council, Standard & Poor’s, as reported at Earthtimes.org. “And despite the level of interest, mainstream investors need standard metrics before they can invest in this particular sector."

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