A report from the Microfinance Information Exchange Inc, November 2006, 12 pages Download here: http://www.mixmarket.org/medialibrary/mixmarket/MIX_Benchmarking_Asian_Microfinance_2005.pdf
The definitive word in micro-bank performance is out, published annually. The Asia microfinance market is the largest in the world, offering in 2005, over USD 4bn in loans to 22.5 million borrowers. The most significant aspect of the development of microfinance in Asia has been the scaling up of MFIs. Bangladesh, the mother country of microfinance, has always had Microfinance Institutions(MFIs) with the highest customer base in the world in ASA, Grameen and BRAC. The fourth largest MFI is the Indonesian BRI(Bank Rakyat Indonesia). Amongst the MFIs surveyed, the current average customer outreach is 330,000. India is quickly catching up as well, with average outreach crossing 100,000 at a 100% growth rate. The lowest outreach was observed in Philippines with an average outreach of 10,000 borrowers per MFI. While, significant progress in outreach has been made, Asian MFIs, in general, do not offer a diversified range of services. Thus, non-diversified services coupled with extensive microfinance activity in some regions is causing client overlap and that should be taken into account while examining the large client outreach numbers.
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