Service Providers

Founded in 1997, MicroRate was the first rating agency to specialize in the evaluation of microfinance institutions (MFIs). Its goal is to increase the flow of funding to microfinance by producing independent evaluations that allow lenders and investors to measure the risk and return of an investment in microfinance. MicroRate’s reports seek to increase transparency in microfinance in order to increase investment and growth. MicroRate has analyzed more than 500 MFIs in Latin America and the Caribbean, Africa, and Eastern Europe, gaining extensive experience in microfinance as well as robust databases of information used to determine trends and performance benchmarks for the industry. In addition to evaluating MFIs, MicroRate evaluates funds that invest in microfinance, MIVs (microfinance investment vehicles). MicroRate also publishes industry-wide reports on microfinance such as, The Technical Guide on MFI Performance, “Role Reversal,” “Cautious Resilence,” and the annual report on MIVs, “The MIV Survey.” MicroRate remains adamant about its independence and objectivity in our evaluations. To avoid conflicts of interest, MicroRate does not provide consulting services nor is it affiliated with any lender, donor or investor. Cacher