PRESS RELEASE: Microfinance Information Exchange (MIX) and ProDesarrollo Release Benchmarks for Microfinance Institutions in Mexico

Source: Microfinance Information Exchange (MIX).

Original press release available here.

The Microfinance Information Exchange (MIX) and ProDesarrollo announced the release of the latest benchmarking tables for microfinance institutions in Mexico. Using information from 2007, the most recent year available, the benchmarks are based on financial and operational data from 44 MFIs throughout Mexico, and are compared to MFIs in the entire Latin America region using a peer group methodology. A full report with analysis on the Mexican microfinance sector will be released by MIX and ProDesarrollo in the fourth quarter of 2008.

MIX’s benchmarks are comprised of more than 60 key indicators, including information based on the type of credit products the microfinance institutions specialize in, such as microenterprise, consumer, commercial, and mortgage.

MIX presents benchmarks on microfinance institutions as a proven tool in evaluating an organization’s progress, strengths, and areas of improvement.

To view the Benchmarking Report released, please click here.

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