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Measuring Results of Microfinance Institutions

Measuring Results of Microfinance Institutions Minimum Indicators That Donors and Investors Should TrackA Technical GuideRichard Rosenberg June 2009 2009, Consultative group to Assist the Poor/The World BankAll rights group to Assist the Poor1818 H Street, , Washington, DC 20433 USAI nternet: : +1 202 473 9594 ContentsIntroduction 11. Outreach: Breadth (number of clients served) 32. Outreach: Depth (client poverty level) 43. Loan repayment (portfolio quality) 54. Financial sustainability (profitability) 85. Efficiency 11A final note 12 Summary 14 Annex A: Indicators for community-managed loan funds and other noninstitutional microcredit 15 Annex B: Calculation Examples 17 Annex C: Subsidy Dependence Index 21 Annex D: Select Bibliography 23 Annex E: Indicator Definitions and Equations 25ivAcknowledgmentsThe author is grateful to Till Bruett, Jasmina Glisovic-Mezieres, and Alexia Latort

Several groups are working to propose and ... wholesale facilities, including international networks, national apex funds, ... To reflect actual service delivery, membership-based organizations should report on active clients, not just the number of members: members may be

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