MBB 15 - Benchmark Tables.pdf - Microfinance Information Exchange

MICROBANKING BULLETIN, ISSUE 15, AUTUMN 2007BULLETIN TABLES2006 MFI Benchmarks-MediansNumber ofMFIsINSTITUTIONAL CHARACTERISTICSAge Total Assets Offices Personnel Capital/AssetRatioFINANCING STRUCTURECommercial Debt to DepositsFunding Equity to LoansLiabilities RatioDepositsto TotalAssetsPortfolio toAssetsPEER GROUPUnits nb US$ nb nb % % x % % %Year: 2006 2006 2006 2006 2006 2006 2006 2006 2006 2006 2006All MFIs 704 9 6,169,918 11 94 25.4 61.0 2.6 0.0 0.0 77.9SIMPLE PEER GROUPSAgeNew 112 3 2,474,847 7 66 25.9 35.8 1.9 0.0 0.0 73.5Young 188 7 4,688,890 11 84 31.8 47.8 2.0 0.0 0.0 80.7Mature 397 14 8,903,366 12 120 24.6 73.4 3.0 0.0 0.0 77.3Charter TypeBank 56 9 149,831,840 31 576 13.0 104.8 6.7 59.5 40.0 69.6Credit Union 74 10 6,500,227 8 49 19.3 88.7 4.0 72.4 56.3 80.9NBFI 230 8 8,124,068 13 111 27.2 55.3 2.6 0.0 0.0 78.4NGO 282 10 3,757,662 10 80 38.1 37.5 1.3 0.0 0.0 79.9Rural Bank 62 19 3,290,483 5 69 13.2 114.8 6.3 96.5 66.1 69.9Financial IntermediationNon FI 410 9 4,427,864 10 77 36.2 40.7 1.5 0.0 0.0 81.2Low FI 82 9 6,511,754 15 156 30.2 42.8 2.1 6.5 4.6 75.5High FI 212 13 12,827,330 11 139 15.0 103.9 5.4 82.0 59.7 73.0MethodologyIndividual 252 11 8,564,898 9 87 19.6 89.9 4.1 38.4 29.1 78.2Individual/ Solidarity 316 9 6,154,931 11 92 31.2 51.2 2.0 0.0 0.0 77.2Solidarity 65 7 3,676,913 13 80 25.6 7.6 1.8 0.0 0.0 70.6Village Banking 71 9 4,104,426 14 115 29.4 45.9 2.0 0.0 0.0 80.4OutreachSmall (Outreach) 349 8 2,137,945 5 36 31.4 54.9 1.9 0.0 0.0 77.4Medium (Outreach) 172 9 7,810,211 14 129 27.1 55.0 2.5 0.0 0.0 77.9Large (Outreach) 182 12 37,869,612 45 487 17.1 80.7 4.8 1.3 1.2 78.4Profit StatusProfit 237 8 12,214,805 14 183 18.4 96.8 4.4 31.3 21.4 72.8Not for Profit 467 10 4,475,755 10 71 30.9 49.6 1.9 0.0 0.0 80.4RegionAfrica 119 9 3,560,040 11 97 27.3 54.7 2.4 18.5 12.7 67.1Asia 194 10 5,306,169 15 140 16.8 73.0 4.2 1.3 1.0 74.0ECA 126 7 6,777,418 11 57 31.9 49.1 2.1 0.0 0.0 85.2LAC 228 12 7,405,418 8 90 25.9 68.7 2.7 0.0 0.0 80.6MENA 37 7 7,313,705 12 90 59.2 39.2 0.7 0.0 0.0 80.1ScaleSmall (Scale) 258 8 1,463,853 5 34 36.6 37.9 1.4 0.0 0.0 75.0Medium (Scale) 216 9 6,424,028 10 100 25.9 56.8 2.5 0.0 0.0 80.3Large (Scale) 230 11 40,627,132 30 366 18.4 84.5 4.4 8.0 6.4 78.2SustainabilityFSS 415 10 9,309,635 14 128 24.0 71.0 3.1 0.0 0.0 80.4Non-FSS 289 9 2,871,238 8 65 30.1 42.6 1.7 0.0 0.0 72.5Target MarketLow end 266 9 3,276,546 11 97 30.6 39.8 1.9 0.0 0.0 75.1Broad 347 10 7,479,455 11 87 24.8 73.1 3.0 0.0 0.0 79.9High end 51 8 15,469,395 15 175 19.8 88.8 3.7 44.6 28.3 76.0Small Business 39 8 17,849,364 9 108 20.5 99.0 3.9 49.9 36.1 73.1COMPOUND PEER GROUPSAfrica Small FSS 9 7 1,733,477 8 42 25.5 36.3 2.9 36.3 27.6 69.7Africa Small Non FSS 47 6 1,393,694 7 45 46.0 8.0 1.0 0.0 0.0 67.5Africa Medium FSS 11 8 6,151,866 11 121 26.9 54.7 2.7 44.6 26.0 68.0Africa Medium Non FSS 19 9 6,906,010 14 115 30.3 48.0 1.9 5.3 3.8 68.9Africa Large FSS 21 10 50,652,496 27 326 21.2 99.5 3.7 76.2 46.8 64.8Africa Large Non FSS 12 13 24,339,636 39 267 14.8 101.3 4.8 61.6 44.0 67.5Asia Small FSS 30 14 1,244,593 1 26 20.0 96.4 3.5 47.8 35.5 74.2Asia Small Non FSS 45 8 1,406,090 4 54 27.2 10.0 2.3 0.0 0.0 63.2Asia Medium FSS 39 11 6,265,900 21 168 14.3 68.5 6.0 1.1 1.0 78.3Asia Medium Non FSS 26 10 5,524,936 14 145 10.4 101.6 4.5 3.2 2.1 72.3Asia Large FSS 39 11 27,581,062 69 647 15.6 74.1 5.4 0.1 0.1 80.2Asia Large Non FSS 15 11 29,196,882 124 1,271 10.6 82.0 7.3 0.0 0.0 77.6ECA Small FSS 17 5 1,225,498 3 28 51.7 12.9 0.9 0.0 0.0 89.2ECA Small Non FSS 14 7 1,433,409 3 15 66.5 23.4 0.4 0.0 0.0 87.1ECA Medium FSS 23 7 4,366,391 6 35 47.9 31.7 1.1 0.0 0.0 88.3ECA Medium Non FSS 17 6 3,865,505 9 35 35.5 44.2 1.8 0.0 0.0 84.1ECA Large FSS 43 9 30,413,108 24 186 25.3 81.9 3.0 0.0 0.0 80.4ECA Large Non FSS 12 8 45,441,852 26 219 20.9 51.4 4.0 3.0 2.4 75.5LAC Small FSS 44 9 2,090,498 4 33 46.2 49.9 1.2 0.0 0.0 81.4LAC Small Non FSS 41 11 1,321,896 3 27 42.8 47.1 0.8 0.0 0.0 75.7LAC Medium FSS 52 11 8,354,548 9 90 33.2 64.4 2.0 0.0 0.0 83.7LAC Medium Non FSS 15 14 7,263,216 7 121 25.0 58.2 3.0 0.0 0.0 69.0LAC Large FSS 69 15 61,690,552 20 298 16.8 92.6 5.0 58.5 43.5 80.0LAC Large Non FSS 7 19 69,019,280 30 400 16.4 87.0 5.1 5.6 4.5 80.7MENA Small 11 5 1,577,369 9 38 55.7 25.5 0.5 0.0 0.0 77.0MENA Medium 14 8 7,039,512 11 73 67.6 9.4 0.5 0.0 0.0 69.1MENA Large 12 11 34,469,364 37 372 55.2 49.2 0.8 0.0 0.0 89.0For definitions of Peer Group criteria, refer to pages 43 to 44; For details on indicator defintions, refer to pages 50 to 53.Statistics are not published for groups containing less than three observations. These results are marked with “n/a”.Microfinance Information eXchange, Inc45

BULLETIN TABLESMICROBANKING BULLETIN, ISSUE 15, AUTUMN 20072006 MFI Benchmarks-MediansNumberof ActiveBorrowersPercent ofWomenBorrowersNumber Gross Loanof Loans PortfolioOutstandingAverageLoanBalance perBorrowerOUTREACH INDICATORSAverage LoanBalance perBorrower/ GNIper CapitaAverageOutstandingBalanceAverageOutstandingBalance / GNIper CapitaNumber of Number ofVoluntary VoluntaryDepositors DepositAccountsVoluntaryDepositsPEER GROUPUnits nb % nb US$ US$ % US$ % nb nb US$Year: 2006 2006 2006 2006 2006 2006 2006 2006 2006 2006 2006All MFIs 10,102 65.7 10,378 4,438,677 456 40.3 451 38.5 0 0 0SIMPLE PEER GROUPSAgeNew 5,715 70.4 5,715 1,758,724 229 38.0 223 36.6 0 0 0Young 8,634 63.0 8,627 3,785,403 478 44.5 493 44.6 0 0 0Mature 14,781 66.5 15,080 6,599,147 511 40.9 495 38.3 1,512 1,373 0Charter TypeBank 56,204 51.0 56,204 98,338,512 1,439 124.4 1,289 124.0 72,170 64,347 48,577,860Credit Union 4,852 51.9 5,040 5,401,213 1,408 64.0 1,282 64.0 6,839 9,595 2,466,471NBFI 11,007 55.0 11,163 6,395,958 562 54.8 544 51.3 0 0 0NGO 10,947 82.1 10,957 2,834,596 227 17.5 216 17.3 0 0 0Rural Bank 3,505 42.1 3,700 1,649,772 497 50.3 479 46.8 8,528 8,426 1,390,696Financial IntermediationNon FI 9,495 70.9 9,731 3,601,317 362 26.5 354 26.1 0 0 0Low FI 19,760 81.7 22,416 5,249,678 155 50.4 152 49.9 7,739 7,741 274,002High FI 8,712 51.2 9,188 7,788,950 987 62.1 924 61.0 21,076 21,425 7,082,668MethodologyIndividual 6,585 51.0 7,241 6,522,701 1,142 60.0 1,087 57.1 3,689 3,514 671,007Individual/ Solidarity 10,053 68.4 10,078 4,241,688 350 42.0 347 41.2 0 0 0Solidarity 14,182 99.3 14,182 2,169,146 122 15.8 122 15.8 0 0 0Village Banking 17,203 95.0 18,048 3,377,766 145 15.8 131 15.0 0 0 0OutreachSmall (Outreach) 3,397 60.0 3,506 1,468,004 585 46.6 577 45.6 0 0 0Medium (Outreach) 16,972 73.8 17,524 5,739,446 381 39.1 364 37.3 0 0 0Large (Outreach) 70,837 74.6 76,521 27,644,450 272 28.2 259 26.8 10,317 10,447 180,334Profit StatusProfit 15,319 53.2 15,531 7,547,995 570 59.9 522 57.1 9,416 9,284 734,875Not for Profit 8,825 70.1 8,885 3,663,223 391 31.2 389 30.9 0 0 0RegionAfrica 9,976 63.5 10,039 2,121,470 235 69.0 235 70.1 5,871 5,619 270,682Asia 16,168 98.0 16,295 3,392,720 149 21.5 148 20.8 691 758 47,451ECA 4,690 46.5 4,717 5,620,630 1,597 80.0 1,583 80.0 0 0 0LAC 10,661 62.6 10,818 5,692,250 678 33.4 642 30.7 5,128 5,585 0MENA 13,796 68.9 13,796 4,579,609 263 15.1 262 15.0 0 0 0ScaleSmall (Scale) 3,230 72.5 3,268 1,035,136 280 26.3 280 26.5 0 0 0Medium (Scale) 11,126 68.1 11,417 4,849,995 469 41.6 469 39.0 0 0 0Large (Scale) 48,335 54.1 49,474 30,351,524 988 59.7 905 55.6 11,396 11,741 2,013,351SustainabilityFSS 14,182 62.0 14,305 7,392,137 572 45.3 550 42.4 393 119 0Non-FSS 6,501 70.0 6,412 1,905,288 285 35.9 282 33.6 0 0 0Target MarketLow end 14,131 91.9 14,131 2,271,147 132 13.7 131 13.4 0 0 0Broad 8,712 53.4 9,004 5,408,658 680 54.8 654 53.3 451 522 0High end 10,164 47.0 10,164 12,938,313 2,049 177.0 2,049 172.3 2,646 3,348 1,490,739Small Business 4,916 41.2 4,945 10,324,197 2,190 333.7 2,190 326.2 11,129 10,207 4,996,255COMPOUND PEER GROUPSAfrica Small FSS 2,296 60.8 2,296 923,064 340 104.9 340 104.9 3,577 4,598 166,284Africa Small Non FSS 5,300 73.0 5,441 821,980 118 39.8 117 42.0 0 0 0Africa Medium FSS 15,629 65.7 15,629 5,269,803 278 75.9 257 75.9 21,044 21,044 2,946,660Africa Medium Non FSS 17,413 64.8 17,577 3,850,943 274 84.5 249 84.5 10,444 17,054 193,805Africa Large FSS 46,236 49.8 46,236 32,820,916 574 152.2 574 143.5 68,533 82,723 15,058,644Africa Large Non FSS 34,235 50.4 34,235 15,380,044 640 118.6 640 115.5 31,271 31,271 11,188,582Asia Small FSS 2,259 63.4 2,259 886,728 412 36.4 412 36.4 3,249 3,249 359,008Asia Small Non FSS 4,363 93.7 4,363 841,925 145 21.6 145 21.6 0 0 0Asia Medium FSS 35,289 99.2 35,289 4,598,960 122 18.2 120 18.2 1,460 946 49,214Asia Medium Non FSS 22,296 100.0 22,296 3,500,381 210 25.8 210 25.8 2,575 4,223 138,172Asia Large FSS 159,673 98.0 173,002 18,601,212 122 18.0 106 16.7 46 46 132,373Asia Large Non FSS 173,216 99.4 173,216 20,737,172 125 17.8 125 17.8 0 0 0ECA Small FSS 1,911 61.7 1,961 864,689 566 49.4 566 49.4 0 0 0ECA Small Non FSS 557 52.8 561 1,283,673 1,501 77.6 1,285 77.6 0 0 0ECA Medium FSS 3,887 43.7 3,887 4,044,388 788 53.3 788 53.3 0 0 0ECA Medium Non FSS 2,136 44.7 2,136 3,663,223 1,488 79.3 1,481 79.3 0 0 0ECA Large FSS 19,621 41.6 20,896 26,365,622 2,074 99.1 2,074 96.1 0 0 0ECA Large Non FSS 14,007 36.4 14,602 30,903,380 2,832 132.6 2,825 132.6 87 87 382,143LAC Small FSS 3,668 72.0 3,668 1,701,891 338 19.8 338 18.9 0 0 0LAC Small Non FSS 3,128 74.3 3,128 947,758 371 12.7 371 12.7 0 0 0LAC Medium FSS 10,109 62.5 10,669 6,237,301 678 37.2 674 35.6 0 0 0LAC Medium Non FSS 14,489 77.7 14,489 5,645,471 512 25.1 512 25.1 3,017 3,569 0LAC Large FSS 49,474 53.4 52,191 49,934,960 1,401 56.5 1,236 48.1 30,208 30,208 22,111,408LAC Large Non FSS 60,769 54.0 66,144 54,124,220 1,276 53.2 1,015 53.2 26,071 26,071 5,099,021MENA Small 6,367 93.0 6,367 1,282,142 134 13.1 134 13.1 0 0 0MENA Medium 10,700 66.1 10,700 4,468,983 690 14.6 690 14.6 0 0 0MENA Large 64,219 64.7 64,219 21,011,634 363 19.4 330 19.3 0 0 0For definitions of Peer Group criteria, refer to pages 43 to 44; For details on indicator defintions, refer to pages 50 to 53.Statistics are not published for groups containing less than three observations. These results are marked with “n/a”.46Microfinance Information eXchange, Inc

MICROBANKING BULLETIN, ISSUE 15, AUTUMN 2007BULLETIN TABLES2006 MFI Benchmarks-MediansAverageDepositBalance perDepositorOUTREACH INDICATORS MACROECONOMIC INDICATORS OVERALL FINANCIAL PERFORMANCEAverage Average Average GNI per GDP Deposit Inflation Financial Return Return Operational FinancialDeposit Deposit Deposit Capita Growth Rate Rate Depth on on Self- Self-Balance per Account AccountRateAssets Equity Sufficiency SufficiencyDepositor/ Balance Balance/GNIGNI per capitaper capitaPEER GROUPUnits US$ US$ US$ % % % % % % % %Year: 2006 2006 2006 2006 2006 2006 2006 2006 2006 2006 2006All MFIs 251 25.1 254 23.9 1,280 5.1 5.3 6.3 37.9 0.9 4.0 115.4 105.7SIMPLE PEER GROUPSAgeNew 190 23.8 190 22.6 715 6.1 6.0 7.5 28.8 (4.7) (6.9) 97 88Young 329 30.2 301 26.5 1,320 5.5 5.0 6.3 34.5 1.3 4.3 118 109Mature 259 25.0 268 24.6 1,320 5.0 5.1 6.3 40.3 1.2 5.4 117 107Charter TypeBank 843 53.1 732 47.7 1,470 5.5 5.9 7.1 34.8 0.8 4.4 113 107Credit Union 412 28.3 385 26.8 2,620 4.7 4.0 3.0 30.1 0.3 2.5 108 102NBFI 254 36.5 264 32.5 1,040 6.0 5.1 6.3 28.9 1.5 5.1 119 110NGO 17 2.6 16 2.7 1,280 4.9 5.3 5.8 40.6 0.2 2.6 113 101Rural Bank 195 17.3 196 17.3 1,280 4.5 7.1 9.3 44.0 1.4 9.6 122 111Financial IntermediationNon FI n/a n/a n/a n/a 1,320 5.1 5.3 5.8 37.9 1.0 3.7 115 105Low FI 43 9.4 38 9.4 470 6.0 5.1 7.6 44.1 (0.1) 0.3 119 100High FI 364 31.4 348 28.1 1,280 5.0 5.3 6.3 33.4 1.0 7.5 115 109MethodologyIndividual 522 31.0 447 27.6 2,290 5.0 5.2 6.3 37.6 1.3 6.9 118 110Individual/ Solidarity 116 23.3 120 23.3 1,010 5.0 4.9 6.3 35.7 0.4 2.8 114 104Solidarity 27 4.7 19 3.1 730 6.0 6.0 6.3 44.5 (0.2) 2.0 116 102Village Banking 63 9.0 22 2.8 730 5.5 6.0 5.8 40.3 0.0 2.5 105 100OutreachSmall (Outreach) 227 22.3 222 20.0 1,320 5.1 5.1 6.3 33.4 (0.2) 0.7 113 101Medium (Outreach) 190 27.3 210 27.0 1,260 5.0 5.1 6.3 39.0 0.9 4.6 114 105Large (Outreach) 315 34.5 315 27.7 1,005 5.5 5.8 5.8 43.4 1.9 12.0 120 111Profit StatusProfit 296 31.6 297 30.2 1,040 5.3 5.3 6.3 39.8 0.9 3.7 114 108Not for Profit 217 17.4 204 16.8 1,320 5.0 5.1 5.8 37.6 0.8 4.2 116 105RegionAfrica 115 32.8 115 32.6 350 5.8 5.1 10.8 28.8 (2.4) (6.9) 104 91Asia 115 12.4 115 12.6 730 5.6 6.0 6.3 57.4 0.1 2.5 115 102ECA 2,349 63.5 1,694 63.5 2,570 6.4 5.6 8.2 32.6 1.3 5.4 125 111LAC 741 29.7 712 27.3 2,620 4.5 4.1 4.0 35.6 2.1 8.5 117 111MENA n/a n/a n/a n/a 1,380 6.3 4.6 6.3 106.9 (0.5) (0.6) 126 96ScaleSmall (Scale) 124 15.6 124 15.6 1,280 5.1 5.3 6.5 35.6 (1.6) (2.8) 108 95Medium (Scale) 137 16.8 145 16.8 1,270 5.0 5.3 6.3 40.6 0.7 3.5 114 105Large (Scale) 504 40.3 471 39.8 1,320 5.1 5.2 5.8 37.8 1.8 10.7 122 112SustainabilityFSS 319 27.5 320 25.9 1,320 5.0 5.1 5.8 37.9 3.4 13.3 127 117Non-FSS 182 21.1 170 19.7 1,120 5.3 5.3 6.5 37.9 (5.1) (12.5) 99 82Target MarketLow end 45 7.1 45 7.1 1,280 5.0 5.3 6.3 44.5 (0.2) 0.4 111 100Broad 315 25.1 315 23.9 1,320 5.0 5.1 6.3 35.7 1.3 4.9 119 109High end 504 42.5 471 40.2 1,230 5.5 4.9 6.3 33.4 1.1 7.5 115 108Small Business 367 66.4 320 62.4 450 6.0 7.6 8.9 27.0 0.9 3.1 118 107COMPOUND PEER GROUPSAfrica Small FSS 89 28.6 89 28.5 450 5.8 8.9 10.8 28.8 3.4 18.8 137 128Africa Small Non FSS 84 28.0 84 28.0 310 5.8 6.6 10.8 27.8 (9.7) (20.2) 87 70Africa Medium FSS 91 20.4 91 20.4 340 6.5 4.9 10.9 28.8 1.3 8.6 118 108Africa Medium Non FSS 99 19.6 99 19.6 380 5.8 5.1 10.9 29.4 (3.5) (7.7) 101 89Africa Large FSS 188 41.8 189 41.7 450 5.6 5.1 6.6 28.8 2.5 14.6 126 115Africa Large Non FSS 190 50.8 170 50.8 380 4.5 4.3 5.9 29.1 (2.1) (12.4) 99 91Asia Small FSS 141 12.4 141 12.4 1,280 5.6 11.4 13.1 44.0 3.4 17.1 125 117Asia Small Non FSS 110 14.0 116 13.3 1,280 5.6 6.2 6.3 49.2 (12.0) (18.6) 85 64Asia Medium FSS 81 6.1 78 5.9 730 3.4 5.3 6.3 57.4 2.6 15.4 127 114Asia Medium Non FSS 112 9.9 108 11.8 945 5.5 5.7 6.3 57.4 (3.8) (26.9) 101 85Asia Large FSS 211 19.1 211 19.1 730 9.2 6.0 5.8 57.4 1.7 12.3 123 113Asia Large Non FSS 137 19.6 137 19.6 690 6.0 7.6 6.8 49.2 (6.5) (19.6) 101 66ECA Small FSS 2,336 52.4 1,061 23.8 1,240 7.5 9.1 8.6 15.2 6.0 11.8 145 135ECA Small Non FSS 7,040 157.9 7,040 157.9 3,955 6.4 4.0 9.7 33.4 (4.7) (9.2) 100 88ECA Medium FSS n/a n/a n/a n/a 1,520 7.0 5.8 8.3 24.3 2.8 7.9 130 114ECA Medium Non FSS 3,686 119.0 3,242 109.2 2,830 6.4 5.6 8.3 33.4 (4.7) (7.8) 102 85ECA Large FSS 1,266 62.3 1,266 62.3 2,570 5.5 5.2 7.4 33.4 3.0 12.6 137 120ECA Large Non FSS 665 23.1 665 23.1 2,700 5.3 5.2 7.8 42.9 (1.3) (4.0) 106 93LAC Small FSS 313 12.0 313 12.0 2,620 4.1 4.1 3.6 28.9 5.0 10.4 124 116LAC Small Non FSS 309 11.4 246 9.2 2,620 3.3 4.5 4.2 37.6 (4.7) (8.7) 99 88LAC Medium FSS 473 16.2 385 13.8 2,620 4.5 4.4 4.2 37.9 4.5 9.4 122 117LAC Medium Non FSS 375 14.3 360 13.7 2,290 4.5 4.1 4.3 28.9 (2.4) (6.7) 97 93LAC Large FSS 949 41.4 801 32.0 2,620 4.7 4.1 4.0 28.9 3.0 18.8 122 117LAC Large Non FSS 1,041 45.1 915 42.5 2,400 5.1 6.3 6.5 36.8 (2.2) (9.7) 101 96MENA Small n/a n/a n/a n/a 1,260 4.9 6.0 7.6 103.7 (3.9) (4.1) 114 89MENA Medium n/a n/a n/a n/a 1,500 6.3 4.6 6.0 106.9 (2.0) (3.5) 110 90MENA Large n/a n/a n/a n/a 1,740 7.3 4.6 6.3 106.9 3.2 6.6 153 113For definitions of Peer Group criteria, refer to pages 43 to 44; For details on indicator defintions, refer to pages 50 to 53.Statistics are not published for groups containing less than three observations. These results are marked with “n/a”.Microfinance Information eXchange, Inc47

BULLETIN TABLESMICROBANKING BULLETIN, ISSUE 15, AUTUMN 20072006 MFI Benchmarks-MediansFinancialRevenue/AssetsREVENUES EXPENSES EFFICIENCYYield on Yield on Total Financial Provision Operating Personnel Administrative Adjustment OperatingGross Gross Expense/ Expense/ for Loan Expense/ Expense/ Expense/ Expense/ Expense/Portfolio Portfolio Assets Assets Impairment/ Assets Assets Assets Assets Loan(nominal) (real)AssetsPortfolioProfitMarginPersonnelExpense/LoanPortfolioPEER GROUPUnits % % % % % % % % % % % % %Year: 2006 2006 2006 2006 2006 2006 2006 2006 2006 2006 2006 2006 2006All MFIs 24.7 5.4 30.2 22.3 24.6 6.3 1.4 15.3 8.3 7.0 1.6 20.1 11.0SIMPLE PEER GROUPSAgeNew 22.3 (13.7) 30.3 22.3 31.3 5.8 1.3 22.3 12.2 9.0 1.4 37.3 18.7Young 26.2 7.8 31.1 23.8 27.3 6.7 1.6 16.3 8.9 7.0 1.7 21.1 11.6Mature 23.9 6.7 29.5 21.1 22.8 6.3 1.4 13.6 7.5 6.4 1.5 18.1 9.9Charter TypeBank 21.8 6.9 27.1 18.5 20.2 6.9 1.5 11.4 5.4 5.7 1.1 17.3 7.9Credit Union 17.6 2.4 20.1 15.6 18.3 4.6 1.4 10.6 4.6 5.6 0.5 14.0 5.8NBFI 26.2 9.1 31.2 23.4 25.8 6.7 1.4 16.2 9.1 7.0 1.6 20.8 11.7NGO 27.8 1.1 33.4 25.4 29.1 6.3 1.4 20.7 11.1 8.7 1.8 27.7 15.3Rural Bank 20.1 9.6 28.5 18.2 20.5 6.5 1.3 10.0 4.2 5.5 1.9 15.6 6.7Financial IntermediationNon FI 28.4 5.0 33.0 25.3 28.3 6.7 1.5 19.4 10.8 8.2 1.8 25.4 13.9Low FI 21.6 0.2 25.7 18.0 22.8 6.5 1.2 13.9 7.8 6.5 2.6 17.9 10.5High FI 20.9 7.9 25.6 18.7 20.2 5.5 1.4 11.2 4.8 6.0 1.1 15.7 7.2MethodologyIndividual 23.7 9.5 28.7 19.6 22.1 6.8 1.5 11.9 5.8 5.9 1.3 14.9 7.5Individual/Solidarity 25.1 3.9 31.7 24.3 26.3 6.0 1.6 17.0 9.6 7.6 2.0 23.9 13.0Solidarity 22.0 1.9 28.4 20.8 24.8 5.4 1.0 16.8 9.4 6.7 1.4 24.9 14.2Village Banking 29.4 0.1 33.1 27.7 33.9 6.8 1.2 24.8 12.5 9.9 1.6 31.6 18.9OutreachSmall (Outreach) 25.3 0.6 30.7 22.6 26.8 6.5 1.4 16.8 9.1 7.9 1.9 22.8 12.3Medium (Outreach) 26.5 4.8 32.0 25.1 26.6 6.3 1.5 17.7 9.8 7.6 1.7 24.6 13.0Large (Outreach) 22.3 10.2 27.0 20.1 20.1 6.2 1.4 11.9 6.1 5.3 1.0 15.5 8.4Profit StatusProfit 23.1 7.2 30.2 20.2 23.7 6.5 1.4 13.8 6.9 7.0 1.4 19.5 9.9Not for Profit 25.2 4.7 30.2 22.9 25.4 6.2 1.4 16.2 9.0 7.1 1.7 20.9 11.7RegionAfrica 22.2 (9.8) 31.6 21.3 29.0 5.5 1.7 19.0 9.1 8.8 2.3 33.4 16.1Asia 20.9 1.9 26.5 18.9 22.3 6.4 1.2 12.2 6.4 6.0 1.6 16.9 9.4ECA 25.5 10.1 29.3 19.6 25.5 7.2 1.3 14.3 8.3 6.3 2.1 17.2 9.4LAC 29.0 9.7 32.3 26.4 26.7 6.5 1.7 17.0 9.1 7.8 1.1 20.4 11.1MENA 22.3 (3.8) 30.0 21.4 21.8 5.4 1.0 15.5 10.5 5.3 3.9 21.1 13.8ScaleSmall (Scale) 27.5 (5.9) 34.4 25.3 31.4 6.4 1.4 22.0 12.0 9.8 2.2 31.2 16.5Medium (Scale) 26.0 4.4 31.1 23.0 25.0 6.5 1.5 15.9 8.9 7.3 1.6 20.9 11.5Large (Scale) 21.9 10.7 26.5 19.5 19.9 6.2 1.4 11.4 5.8 5.2 1.1 14.8 7.5SustainabilityFSS 27.0 14.7 31.0 23.6 21.8 6.2 1.2 13.5 7.5 6.2 1.1 17.3 9.4Non-FSS 21.5 (21.9) 28.3 19.2 30.1 6.4 2.2 19.0 9.7 8.4 3.6 26.9 14.1Target MarketLow end 26.4 (0.1) 34.6 27.5 30.5 6.1 1.4 22.6 12.1 9.2 1.7 30.9 17.1Broad 24.4 8.5 29.8 22.1 23.1 6.5 1.5 13.7 7.3 6.6 1.5 17.9 9.3High end 20.9 7.0 24.6 17.6 21.1 6.4 1.3 10.9 5.2 5.5 0.9 14.1 6.9Small Business 20.3 6.2 25.2 18.4 20.5 6.8 1.3 10.9 5.1 5.5 1.3 15.6 7.3COMPOUND PEER GROUPSAfrica Small FSS 25.0 21.7 40.6 22.8 21.3 2.6 0.6 18.2 9.8 8.1 0.9 35.1 14.8Africa Small Non FSS 23.4 (42.3) 31.6 23.2 38.7 6.3 2.4 26.6 13.2 12.8 4.3 43.0 22.7Africa Medium FSS 23.1 7.5 41.2 27.3 22.2 5.5 1.0 15.3 7.5 7.8 2.5 36.4 11.9Africa Medium Non FSS 24.8 (12.5) 31.6 22.2 36.5 8.1 1.3 22.3 10.4 10.4 4.8 35.3 15.5Africa Large FSS 21.9 13.0 29.3 21.3 16.8 4.7 1.5 13.2 5.2 7.2 1.2 21.6 11.7Africa Large Non FSS 17.1 (10.3) 25.3 19.5 21.9 3.9 2.8 14.8 6.1 8.1 2.3 24.7 9.3Asia Small FSS 28.1 14.7 32.6 19.2 23.1 8.2 0.8 9.6 3.6 6.1 1.5 15.1 5.2Asia Small Non FSS 20.2 (56.4) 29.7 22.8 36.0 6.1 2.4 25.2 14.4 11.7 3.0 45.1 23.3Asia Medium FSS 25.0 12.0 29.8 21.2 20.2 5.4 0.9 11.9 6.3 5.3 0.8 16.0 8.9Asia Medium Non FSS 17.5 (18.0) 21.0 13.7 22.3 6.4 2.9 11.5 5.4 5.7 2.2 16.3 8.9Asia Large FSS 21.8 11.7 27.8 20.3 19.2 6.3 0.9 10.9 5.6 4.9 1.1 14.3 8.0Asia Large Non FSS 13.2 (52.1) 16.8 9.0 19.7 7.2 2.8 8.4 5.3 3.6 5.6 10.9 6.7ECA Small FSS 35.0 25.7 41.8 34.9 26.6 6.7 0.6 19.6 12.1 7.4 3.6 22.8 13.4ECA Small Non FSS 26.4 (13.5) 31.1 19.3 33.4 10.9 2.0 18.9 10.1 9.0 3.2 22.0 12.7ECA Medium FSS 35.3 12.5 36.6 26.6 29.0 9.2 1.3 16.6 8.9 7.0 2.5 18.4 10.3ECA Medium Non FSS 22.1 (17.3) 25.1 16.6 29.3 8.0 0.8 18.2 9.5 7.5 4.3 20.9 10.0ECA Large FSS 21.5 16.7 24.3 17.4 17.9 6.6 1.3 9.6 5.0 4.3 1.3 12.5 6.5ECA Large Non FSS 20.1 (7.6) 25.6 14.6 22.1 7.1 1.3 10.7 5.3 5.6 2.5 13.8 6.8LAC Small FSS 39.3 14.1 45.0 38.2 32.4 6.5 1.2 23.6 12.3 9.4 1.3 29.1 15.8LAC Small Non FSS 26.7 (13.8) 35.3 30.4 35.5 5.4 2.6 23.3 13.0 12.2 3.9 35.6 17.3LAC Medium FSS 33.0 14.4 35.0 27.5 25.6 6.8 1.7 17.2 10.4 7.8 1.3 22.5 11.9LAC Medium Non FSS 27.2 (7.7) 34.8 29.9 34.3 5.4 2.4 22.1 9.9 9.1 0.9 32.3 14.5LAC Large FSS 26.2 14.6 29.0 22.3 20.8 6.8 1.6 12.0 5.8 6.0 0.3 15.1 7.4LAC Large Non FSS 22.6 (4.7) 25.5 19.2 23.1 8.3 3.5 15.1 8.5 6.9 3.0 17.4 9.9MENA Small 27.6 (12.4) 38.7 21.4 32.3 5.2 0.7 23.2 14.0 8.7 2.8 31.6 19.7MENA Medium 18.2 (10.8) 29.8 23.9 22.3 5.5 1.5 15.5 9.7 4.7 4.2 23.5 14.9MENA Large 21.9 11.6 28.2 20.4 18.4 5.5 1.0 11.7 7.5 4.4 3.9 14.9 10.5For definitions of Peer Group criteria, refer to pages 43 to 44; For details on indicator defintions, refer to pages 50 to 53.Statistics are not published for groups containing less than three observations. These results are marked with “n/a”.48Microfinance Information eXchange, Inc

MICROBANKING BULLETIN, ISSUE 15, AUTUMN 2007BULLETIN TABLES2006 MFI Benchmarks-MediansAverageSalary/GNI perCapitaEFFICIENCY PRODUCTIVITY RISK AND LIQUIDITYCost perBorrowerCostperLoanBorrowersper StaffMemberLoansper StaffMemberBorrowersper LoanOfficerLoansperLoanOfficerVoluntaryDepositorsper StaffMemberDepositAccountsper StaffMemberPersonnelAllocationRatioPortfolioat Risk>30 DaysPortfolioat Risk>90 DaysWriteoffRatioLoanLossRateRiskCoverageRatioPEER GROUPUnits x US$ US$ nb nb nb nb nb nb % % % % % x %Year: 2006 2006 2006 2006 2006 2006 2006 2006 2006 2006 2006 2006 2006 2006 2006 2006All MFIs 4.2 108 102 112 115 216 224 0 0 55.0 2.8 1.4 1.1 0.9 0.9 6.5SIMPLE PEER GROUPSAgeNew 5.1 110 110 95 97 181 183 0 0 53.8 1.1 0.6 0.3 0.3 1.0 8.7Young 4.5 114 112 103 104 229 232 0 0 54.0 2.2 1.1 1.1 0.7 0.9 5.4Mature 4.0 107 102 119 126 226 234 13 10 56.9 3.5 1.9 1.7 1.2 0.9 6.5Charter TypeBank 6.1 293 271 81 83 196 201 121 131 46.5 2.2 1.1 1.1 0.9 1.3 5.1Credit Union 3.5 158 156 104 106 206 209 163 209 53.8 4.2 2.5 2.0 1.7 0.6 7.9NBFI 5.9 153 144 104 107 216 226 0 0 52.5 2.2 1.0 0.9 0.8 1.0 6.2NGO 3.4 70 70 135 138 236 240 0 0 57.7 2.6 1.4 1.0 0.8 0.9 6.9Rural Bank 2.8 74 74 66 70 126 139 195 210 64.0 4.4 3.0 2.4 2.2 0.6 3.2Financial IntermediationNon FI 4.0 102 101 118 122 221 227 0 0 55.4 2.3 1.1 0.8 0.6 0.9 6.2Low FI 6.5 35 32 145 148 259 264 58 60 53.1 1.6 0.6 1.1 0.9 1.0 7.7High FI 4.2 157 147 88 92 182 193 183 196 54.2 3.9 2.4 1.9 1.5 0.7 6.8MethodologyIndividual 4.1 176 164 88 90 180 190 67 69 54.8 3.1 1.8 1.4 0.9 1.0 5.2Individual/ Solidarity 5.1 97 97 115 118 227 234 0 0 53.4 3.2 1.6 1.4 1.1 0.8 7.0Solidarity 2.7 34 33 145 146 222 234 0 0 59.3 0.8 0.6 0.3 0.3 1.1 6.9Village Banking 2.9 59 58 155 164 290 295 0 0 61.9 1.9 0.9 0.3 0.3 0.9 8.0OutreachSmall (Outreach) 3.8 131 130 80 81 164 166 0 0 53.1 3.5 1.9 1.2 0.8 0.8 6.6Medium (Outreach) 5.1 102 100 134 135 238 251 0 0 55.2 2.6 1.1 1.2 0.9 1.0 7.3Large (Outreach) 4.3 65 64 163 171 282 302 23 23 60.8 2.0 1.1 1.1 0.9 1.0 5.3Profit StatusProfit 5.7 146 136 95 99 201 216 70 74 51.0 2.8 1.5 1.5 1.2 0.9 5.0Not for Profit 3.8 99 97 124 126 219 226 0 0 56.7 2.8 1.4 0.9 0.8 0.9 7.1RegionAfrica 12.2 97 93 110 115 235 240 64 59 53.4 5.0 2.4 1.9 1.7 0.6 10.5Asia 2.7 39 38 125 126 206 208 2 1 62.3 2.1 1.2 0.7 0.6 0.9 5.3ECA 5.4 235 227 69 73 165 165 0 0 50.0 1.2 0.6 0.5 0.4 1.2 4.3LAC 4.0 147 140 119 127 241 259 54 59 52.9 3.6 2.1 1.8 1.5 1.0 6.9MENA 3.8 62 62 162 162 245 245 0 0 62.7 1.4 0.4 0.5 0.2 0.8 4.5ScaleSmall (Scale) 3.4 82 81 97 99 197 198 0 0 53.2 3.2 1.7 0.9 0.6 0.8 8.2Medium (Scale) 4.0 111 108 118 122 210 222 0 0 55.6 2.9 1.4 1.2 1.0 0.8 6.4Large (Scale) 5.2 149 145 135 145 245 270 39 42 57.1 2.4 1.2 1.2 0.9 1.1 5.1SustainabilityFSS 4.2 111 109 116 125 227 242 1 0 55.6 2.3 1.1 0.9 0.8 1.0 5.5Non-FSS 4.2 101 100 100 104 200 201 0 0 54.0 4.5 2.2 1.6 1.3 0.7 7.9Target MarketLow end 2.7 48 47 150 153 262 273 0 0 59.3 2.3 1.1 0.7 0.6 0.9 7.3Broad 5.1 134 129 101 107 206 217 3 2 54.3 3.0 1.6 1.4 1.1 0.8 5.9High end 8.8 305 253 57 58 143 152 70 72 45.3 2.4 1.4 1.1 0.9 1.0 5.1Small Business 12.5 375 373 36 40 90 92 99 91 43.6 3.4 1.9 1.3 0.8 0.6 6.0COMPOUND PEER GROUPSAfrica Small FSS 10.0 164 164 60 60 177 177 221 267 43.7 2.8 2.2 2.0 2.0 0.7 10.2Africa Small Non FSS 9.5 56 52 103 104 216 217 0 0 57.7 6.2 2.9 1.6 1.5 0.7 15.2Africa Medium FSS 12.4 64 64 99 100 264 264 202 202 49.4 5.1 2.2 0.9 0.9 0.5 10.7Africa Medium Non FSS 15.6 94 91 142 153 236 236 38 42 55.8 4.8 1.6 1.7 1.6 0.7 8.6Africa Large FSS 17.3 180 180 153 153 218 277 248 271 51.4 3.9 1.9 1.9 1.9 0.7 8.0Africa Large Non FSS 15.2 112 112 132 132 324 324 104 104 49.7 6.0 4.1 4.4 4.4 0.6 8.4Asia Small FSS 2.1 47 47 77 77 129 129 167 167 70.5 1.9 1.3 0.0 0.0 1.1 8.5Asia Small Non FSS 2.8 68 67 96 98 183 193 0 0 54.0 3.1 1.7 0.5 0.4 0.7 5.1Asia Medium FSS 2.8 38 33 144 149 250 269 5 3 59.9 2.3 0.9 1.0 0.7 0.9 6.9Asia Medium Non FSS 2.7 49 48 130 130 200 200 31 44 62.2 3.2 2.0 2.4 2.4 0.9 7.2Asia Large FSS 3.0 22 20 176 192 277 283 0 0 65.9 1.1 0.8 0.7 0.6 1.0 3.4Asia Large Non FSS 2.8 12 12 150 150 302 302 0 0 73.5 2.2 0.9 0.8 0.8 0.7 6.3ECA Small FSS 4.3 83 83 68 75 169 169 0 0 53.2 0.8 0.6 0.2 0.1 1.0 4.2ECA Small Non FSS 3.1 295 292 38 40 102 105 0 0 39.8 1.9 0.9 1.2 0.9 0.8 5.5ECA Medium FSS 5.5 192 192 75 75 161 163 0 0 53.1 1.6 0.7 0.5 0.5 1.1 4.0ECA Medium Non FSS 5.0 305 305 50 50 90 104 0 0 52.2 1.6 0.4 0.6 0.6 0.5 3.5ECA Large FSS 6.1 235 234 87 87 213 214 0 0 46.3 1.2 0.6 0.6 0.3 1.9 5.1ECA Large Non FSS 5.6 399 399 64 64 180 180 2 2 41.5 1.2 0.7 1.1 0.7 2.0 4.2LAC Small FSS 3.2 111 111 117 120 283 287 0 0 48.2 2.7 1.4 1.7 1.3 1.0 7.5LAC Small Non FSS 2.4 129 129 102 102 218 218 0 0 51.4 5.7 2.9 1.7 0.6 0.7 8.2LAC Medium FSS 4.1 139 136 115 120 222 232 0 0 55.1 3.5 1.8 1.3 1.1 1.0 4.9LAC Medium Non FSS 4.3 149 149 143 143 279 279 13 15 49.6 3.5 2.1 2.1 1.6 0.9 11.3LAC Large FSS 5.0 177 162 135 151 241 270 112 112 61.4 3.4 1.8 2.0 1.8 1.1 6.9LAC Large Non FSS 5.7 213 136 155 155 327 327 58 60 43.8 5.7 3.8 4.5 4.5 0.5 3.6MENA Small 3.8 52 52 137 137 209 209 0 0 56.5 2.1 0.8 0.1 0.1 0.6 11.0MENA Medium 3.5 155 155 105 105 167 167 0 0 64.4 2.9 1.1 0.4 0.2 0.6 5.2MENA Large 4.0 61 60 185 195 289 295 0 0 65.9 0.5 0.3 0.5 0.4 2.9 1.9For definitions of Peer Group criteria, refer to pages 43 to 44; For details on indicator defintions, refer to pages 50 to 53.Statistics are not published for groups containing less than three observations. These results are marked with “n/a”.NonearningLiquidAssetsas a %of TotalAssetsMicrofinance Information eXchange, Inc49

BULLETIN TABLESMICROBANKING BULLETIN, ISSUE 15, AUTUMN 2007Index of Terms and Definitions (Balance Sheet)Starting with its 2006 MFI Benchmarks, MIX has updated its published terms and definitions to reflect the latest industry reportingstandards as defined in: Bruett, Tillman (ed.), Measuring Performance of Microfinance Institutions: A framework for reporting, analysis, andmonitoring. Washington, DC: SEEP, 2005. These changes do not affect ratio or benchmark calculations.TermsCash and Due from BanksReserves from Central BankTrade InvestmentsNet Loan PortfolioGross Loan Portfolio(Impairment Loss Allowance)Interest ReceivableAccounts Receivable and Other AssetsOther InvestmentsNet Fixed AssetsTOTAL ASSETSDemand DepositsVoluntary DepositsCompulsory DepositsTime DepositsBorrowingsBorrowings at concessional interest ratesBorrowings at commercial interest ratesInterest PayableAccounts Payable and Other LiabilitiesTOTAL LIABILITIESPaid-in CaptialDonated EquityPrior YearsCurrent YearRetained EarningsPrior YearsCurrent YearAdjustments to EquityInflation AdjustmentSubsidized Costs of Funds AdjustmentIn-Kind Subsidy AdjustmentReservesOther Equity AccountsTOTAL EQUITYTOTAL LIABILITIES AND EQUITYDefinitionsCash, petty cash, balances in banks, including non-interest bearing depositsCash reserves in a central bankTreasury bills and other short term investments, including interest-bearing deposits,convertible to cash within 12 months. Usually used in liquidity management.Gross Loan Portfolio minus Loan Loss ReserveAll outstanding principal for all outstanding client loans, including current, delinquent andrestructured loans, but not loans that have been written off. It does not include interestreceivable. It does not include employee loans.The portion of the gross loan portfolio that has been expensed (provisioned for) inanticipation of losses due to default. This item represents the cumulative value of the loanloss provision expense, less the cumulative value of loans written off.Interest receivable on all asset accounts. Recorded by institutions using accrual accounting.Accounts receivable, notes receivables and other receivables. This includes all receivablesother than client loan accounts, including employee loans.Long term investments not convertible to cash within 12 monthsThe purchase value of property, plant and equipment, less accumulated depreciation. Thisincludes intangibles, such as MIS development or goodwill, less accumulated amortization.Total of all net asset accountsTotal of Voluntary and Compulsory SavingsDemand deposits from the general public and members that are not maintained as acondition for accessing a current or future loan and are held with the institutionClient savings accounts that are maintained as a condition for a current or future loan andare held with the institutionCertificates of deposit or other fixed term depositsTotal of Commercial and Concessional BorrowingsPrincipal balance of all borrowings, including overdraft accounts, for which the institutionpays a nominal rate of interest that is less than the local commercial interest ratePrincipal balance of all borrowings, including overdraft accounts, for which the institution paysa nominal rate of interest that is greater than or equal to the local commercial interest rateInterest payable on all liability accounts. Recorded by institutions using accrual accounting.Other liabilities including tax and salary liabilities, social withholdings, deferred income,other accounts payable, including liabilities that do not fund the portfolio, such asmortgages on real estateTotal of all liability accountsCapital paid by shareholders or membersAccumulated donationsAccumulated donations from prior periodsDonations from the current yearAccumulated net income after taxes and before donationsAccumulated net income after taxes and before donations from prior periodsNet income after taxes and before donations from the current yearValue of all adjustments, including inflation adjustmentValue of inflation adjustment expenseValue of subsidized cost of funds adjustment expenseValue of in-kind subsidy adjustmentReserves such as those imposed by law or statuteOther equity accounts not included elsewhereTotal of all equity accountsTotal of Total Liabilities and Total Equity50Microfinance Information eXchange, Inc

MICROBANKING BULLETIN, ISSUE 15, AUTUMN 2007BULLETIN TABLESIndex of Terms and Definitions (Income Statement)Starting with its 2006 MFI Benchmarks, MIX has updated its published terms and definitions to reflect the latest industry reportingstandards as defined in: Bruett, Tillman (ed.), Measuring Performance of Microfinance Institutions: A framework for reporting, analysis, andmonitoring. Washington, DC: SEEP, 2005. These changes do not affect ratio or benchmark calculations.IndicatorFinancial RevenueFinancial Revenue from Loan PortfolioInterest on Loan PortfolioFees and Commissions on Loan PortfolioFinancial Revenue from InvestmentsOther Operating RevenueFinancial ExpenseFinancial Expense on Funding LiabilitiesInterest and Fee Expense on DepositsInterest and Fee Expense on BorrowingsNet Adjustment for InflationInflation Adjustment to EquityInflation Adjustment to Fixed AssetsAdjustment for Subsidized Cost of FundsOther Financial ExpenseNET FINANCIAL INCOMEImpairment Losses on LoansProvision for Loan ImpairmentValue of Loans RecoveredOperating ExpensePersonnel ExpenseAdministrative ExpenseRent and UtilitiesTransportationOffice SuppliesDepreciation and AmortizationOther Administrative ExpenseNET OPERATING INCOMENet Non-Operating IncomeNon-Operating RevenueNon-Operating ExpenseNET INCOME (BEFORE TAXES ANDDONATIONS)TaxesNET INCOME (AFTER TAXES AND BEFOREDONATIONS)DonationsNET INCOME (AFTER TAXES ANDDONATIONS)DefinitionsTotal of revenue from loan portfolio and other financial assets, as well as other financialrevenue from financial servicesTotal interest, fees and commission on loan portfolioInterest earned on loan portfolioPenalties, commissions and other fees charged on loan portfolioNet gains on other financial assetsOther revenue from provision of financial services, including revenue from insurance ortransfer services or non-financial revenue from the provision of financial services, such asthe sale of passbooks or SmartCards. This account also includes net exchange gains.Total of financial expense on liabilities, net inflation adjustment, cost-of-funds adjustmentand other expenses from financial servicesTotal of interest and fees paid on deposits and borrowingsInterest and fees paid on demand or term depositsInterest and fees paid on borrowingsReserved for institutions that use inflation based accounting. Net amount of inflationadjustment.Cost of maintaining the value of the institution’s equityGain on the value of fixed assets due to inflationAdjustment expense for difference between market rate and concessional rate on borrowingsOther expenses from provision of financial services, including non-financial expenses onfinancial products, as well as net exchange depreciationFinancial Revenue minus Financial ExpenseSum of loan loss provision expense and recovery on loans written offLoan Loss Provision Expense for the periodTotal recovery on loans written offTotal of Personnel Expense and Administrative ExpenseSalaries, withholdings, fringe benefits and personnel taxes paid on all those who work forthe institutionTotal of Rent and Utilities, Transportation, Office Supplies, Depreciation and OtherAdministrative ExpensesRent and utility chargesTransportation of staff to attend to clients and to manage operationsPrinted matter, supplies, photocopies, books, etc.Allowance for deterioration, eventual replacement of equipmentOther non-personnel administrative expensesFinancial Revenue less Financial Expense, Net Loan Loss Provision Expense and OperatingExpenseNon-operating Revenue less Non-operating ExpenseRevenue from activity unrelated to the MFI’s core activity of providing financial services.This could include consulting income, sale of IT products, or fees for business developmentservices (BDS).Expenses from activity unrelated to the MFI’s core activity of providing financial services,such as BDS development costs or consulting expensesNet Operating Income less Net Non-Operating IncomeIncludes all taxes paid on Net Income or other measure of profits as defined by local taxauthoritiesNet Income (before Taxes and Donations) less TaxesDonations made to the MFI to subsidize its operationsNet Income (after Taxes and before Donations) plus DonationsMicrofinance Information eXchange, Inc51

BULLETIN TABLESMICROBANKING BULLETIN, ISSUE 15, AUTUMN 2007Index of Indicators and DefinitionsStarting with its 2006 MFI Benchmarks, MIX has updated its published terms and definitions to reflect the latest industry reportingstandards as defined in: Bruett, Tillman (ed.), Measuring Performance of Microfinance Institutions: A framework for reporting, analysis, andmonitoring. Washington, DC: SEEP, 2005. These changes do not affect ratio or benchmark calculations.IndicatorINSTITUTIONAL CHARACTERISTICSNumber of MFIsAgeTotal AssetsOfficesPersonnelFINANCING STRUCTURECapital/Asset RatioCommercial Funding LiabilitiesRatioDebt to EquityDeposits to LoansDeposits to Total AssetsPortfolio to AssetsOUTREACH INDICATORSNumber of Active BorrowersPercent of Women BorrowersNumber of Loans OutstandingGross Loan PortfolioAverage Loan Balance per BorrowerAverage Loan Balance perBorrower/GNI per CapitaAverage Outstanding BalanceAverage Outstanding Balance/GNIper CapitaNumber of Voluntary DepositorsNumber of Voluntary DepositAccountsVoluntary DepositsAverage Deposit Balance perDepositorAverage Deposit Balance perDepositor / GNI per CapitaAverage Deposit Account BalanceAverage Deposit Account Balance /GNI per capitaMACROECONOMIC INDICATORSGNI per CapitaGDP Growth RateDeposit RateInflation RateFinancial DepthOVERALL FINANCIAL PERFORMANCEReturn on AssetsReturn on EquityDefinitionsSample Size of GroupYears Functioning as an MFITotal Assets, adjusted for Inflation and standardized provisioning for loan impairment and write-offsNumber, including head officeTotal number of staff membersAdjusted Total Equity/Adjusted Total Assets(Voluntary and Time Deposits + Borrowings at Commercial Interest Rates) / Adjusted Average GrossLoan PortfolioAdjusted Total Liabilities/Adjusted Total EquityVoluntary Deposits/Adjusted Gross Loan PortfolioVoluntary Deposits/Adjusted Total AssetsAdjusted Gross Loan Portfolio/Adjusted Total AssetsNumber of Borrowers with loans outstanding, adjusted for standardized write-offsNumber of active women borrowers/Adjusted Number of Active BorrowersNumber of Loans Outstanding, adjusted for standardized write-offsGross Loan Portfolio, adjusted for standardized write-offsAdjusted Gross Loan Portfolio/Adjusted Number of Active BorrowersAdjusted Average Loan Balance per Borrower/ GNI per CapitaAdjusted Gross Loan Portfolio/Adjusted Number of Loans OutstandingAdjusted Average Outstanding Balance/GNI per CapitaNumber of Depositors with voluntary deposit and time deposit accountsNumber of Voluntary Deposit and time deposit accountsTotal value of Voluntary Deposit and time deposit accountsVoluntary Deposits/Number of Voluntary DepositorsAverage Deposit Balance per Depositor/GNI per capitaVoluntary Depositors/Number of Voluntary Deposit AccountsAverage Deposit Account Balance/GNI per capitaTotal income generated by a country’s residents, irrespective of location /Total number of residentsAnnual growth in the total output of goods and services occurring within the territory of a givencountryInterest rate offered to resident customers for demand, time, or savings depositsAnnual change in average consumer pricesMoney aggregate including currency, deposits and electronic currency (M3)/GDP(Adjusted Net Operating Income - Taxes)/Adjusted Average Total Assets(Adjusted Net Operating Income - Taxes)/Adjusted Average Total Equity52Microfinance Information eXchange, Inc

MICROBANKING BULLETIN, ISSUE 15, AUTUMN 2007BULLETIN TABLESIndicatorOperational Self-SufficiencyDefinitionsFinancial Revenue/(Financial Expense + Impairment Losses on Loans + Operating Expense)Financial Self-Sufficiency Adjusted Financial Revenue/Adjusted (Financial Expense + Impairment Losses on Loans +Operating Expense)REVENUESFinancial Revenue/AssetsProfit MarginYield on Gross Portfolio (nominal)Yield on Gross Portfolio (real)EXPENSESTotal Expense/AssetsFinancial Expense/AssetsProvision for Loan Impairment/AssetsOperating Expense/AssetsPersonnel Expense/AssetsAdministrative Expense/AssetsAdjustment Expense/AssetsEFFICIENCYOperating Expense/Loan PortfolioPersonnel Expense/ Loan PortfolioAverage Salary/GNI per CapitaCost per BorrowerCost per LoanPRODUCTIVITYBorrowers per Staff MemberLoans per Staff MemberBorrowers per Loan OfficerLoans per Loan OfficerVoluntary Depositors per StaffMemberDeposit Accounts per Staff MemberPersonnel Allocation RatioRISK AND LIQUIDITYPortfolio at Risk > 30 DaysPortfolio at Risk > 90 DaysWrite-off RatioLoan Loss RateRisk Coverage RatioNon-earning Liquid Assets as a % ofTotal AssetsCurrent RatioIndex of Indicators and DefinitionsAdjusted Financial Revenue/Adjusted Average Total AssetsAdjusted Net Operating Income/Adjusted Financial RevenueAdjusted Financial Revenue from Loan Portfolio/Adjusted Average Gross Loan Portfolio(Adjusted Yield on Gross Portfolio (nominal) - Inflation Rate)/ (1 + Inflation Rate)Adjusted (Financial Expense + Net Loan Loss Provision Expense + Operating Expense)/AdjustedAverage Total AssetsAdjusted Financial Expense/Adjusted Average Total AssetsAdjusted Impairment Losses on Loans/Adjusted Average Total AssetsAdjusted Operating Expense/Adjusted Average Total AssetsAdjusted Personnel Expense/Adjusted Average Total AssetsAdjusted Administrative Expense/Adjusted Average Total Assets(Adjusted Net Operating Income - Unadjusted Net Operating Income)/Adjusted Average TotalAssetsAdjusted Operating Expense/Adjusted Average Gross Loan PortfolioAdjusted Personnel Expense/Adjusted Average Gross Loan PortfolioAdjusted Average Personnel Expense/GNI per CapitaAdjusted Operating Expense/Adjusted Average Number of Active BorrowersAdjusted Operating Expense/Adjusted Average Number of LoansAdjusted Number of Active Borrowers/Number of PersonnelAdjusted Number of Loans Outstanding/Number of PersonnelAdjusted Number of Active Borrowers/Number of Loan OfficersAdjusted Number of Loans Outstanding/Number of Loan OfficersNumber of Voluntary Depositors/Number of PersonnelNumber of Deposit Accounts/Number of PersonnelNumber of Loan Officers/Number of PersonnelOutstanding balance, portfolio overdue > 30 Days + renegotiated portfolio/Adjusted Gross LoanPortfolioOutstanding balance, portfolio overdue > 90 Days + renegotiated portfolio/Adjusted Gross LoanPortfolioAdjusted Value of loans written-off/Adjusted Average Gross Loan Portfolio(Adjusted Write-offs - Value of Loans Recovered)/Adjusted Average Gross Loan PortfolioAdjusted Impairment Loss Allowance/PAR > 30 DaysAdjusted Cash and banks/Adjusted Total AssetsShort Term Assets/ Short Term LiabilitiesMicrofinance Information eXchange, Inc53

BULLETIN TABLESMICROBANKING BULLETIN, ISSUE 15, AUTUMN 2007DATA QUALITY †Guide to Peer GroupsPEER GROUP N *** ** * PARTICIPATING INSTITUTIONSAge: New(0 to 4 Years)Age: Young(5 to 8 Years)Age: Mature(> 8 Years)107 7 68 37 AFS, Aggar, Agroinvestbank, Ahantaman RB, Alidé, Alwatani, AMC de R.L., AMK, ARMP, ArnurCredit, ASA Philippines, Asasah, Atlantic Capital Partners, Azal, Banco Popular, Bereke, BinhminhCDC, BOM, BRAC - LKA, BRAC - TZA, BRAC - UGA, CFE, COAC Chone, COAC Kullki Wasi, COAC Luzdel Valle, COAC Santa Anita, COOPROGRESO, Crece Safsa, CUMO, Dayaq-Credit, Duterimbere,ECLOF - ARM, Elet-Capital, ENLACE, Faulu - TZA, FINCA - AFG, FINCA - DRC, FINCA - TJK, FINCA- UZB, FMF, FMFB - AFG, FMFB - Pakistan, FMFB - TJK, FONDESOL, Forjadores, Friendship Bridge- GTM, Fundación San Miguel, Harubu, Hekima, Hofokam, Horizon, Horizonti, IDDA, IPR, JOVID,KAS, Kasagana-Ka, KCCDFI, Kompanion, Krushi, Lead Foundation, LIDER, Life Bank, LPD Intaran,MADRAC, MBK Ventura, MCF - SYR, Metemamen, MFBA, MFI, Microinvest, MikroMaliyye Credit,MLF HUMO, MLF MicroInvest, MoFAD, NMF, NMFB, NovoBanco - ANG, Obereg - Perm, OBS, OIBM,OI-SASL, OI-WEDCO, Oportunidad Microfinanzas, OXUS - AFG, Parwaz, PATRA Hunchun, PATRAYanbian, PNG Microfinance Ltd, POMFB, ProCredit Bank - DRC, ProCredit Bank - GHA, ProCreditBank - MKD, ProCredit Bank - ROM, RML, Rozgar, SB Bank, SemiSol, Sodeistviye - Pyatigorsk,Sodruzhestvo, Solfi, Sonata, Sunduq, Swadhaar, TMFB, UC Umutanguha, UCADE Guaranda, U-IMCEC, Ujjivan, WOCCU - AFG, WWI - AFG, YAMIDA.188 23 123 42 ABCRDM, ABWA, Adhikar, AFK, AFODENIC, AgroInvest, Akuapem RB, Al Awael, Al Karama, ALSOL,AMC, Ameen, AMEXTRA, AML, AMOS, APED, APROS, Aqroinvest, Arariwa, ARDI, AREGAK, ASALA,ASDIR, ASEA, Asociación Raiz, Asomi, ASP Financiera, ASTI, ATEMEXPA, Atwima Kwanwoma RB,Aurora, AVFS, Azeri Star, BAI, Banco Da Familia, Bandhan, BanGente, BESA, BFL, BG, BPR Eka Ayu,BRAC - AFG, BSS, BTFF, BZMF, CACMU, Capitec Bank, CBB, CCT, CEF, CEOSS, CEVI, CMEDFI, CML,COAC Acción Rural, COAC Fondvida, COAC MCCH, COAC Sac Aiet, COCDEP, CODESARROLLO,Conserva, CredAgro NBCO, Credi Fe, CREDIT, Credit Mongol, Crysol, Crystal Fund, CZWSDA,Daulet, DBACD, DD Bank, DEMOS SLC, DIMAN, Dire, DJOMEC, Doveriye - Amursk, Eb-F, ECLOF- PHL, Ecofuturo FFP, EDPYME Alternativa, EDPYME Edyficar, EDPYME Efectiva, EDPYMENueva Visión, EDPYME Proempresa, Emprender, Eshet, Eurekasoli, FATEN, FBPMC, FIE FFP, FIEGran Poder, FINCA - ARM, FINCA - AZE, FINCA - GEO, FINCA - GTM, FINCA - KOS, FINCA - RUS,FINCA - TZA, FINCA - UGA, FINCA - ZAM, FINSOL, FODEM, FOVIDA, FULM, Fundación Adelante,FUNDAHMICRO, FUNDEPYME, Gasha, GK, Hluvuku, Imkoniyat, IMON, INMAA, Intellekt, JMCC,KADET, KAMURJ, Kazama Grameen, KBSLAB, KEP, Khushhali Bank, KMB, KosInvest, KRK Ltd,Kuyasa, MAFF, Mahasemam - SMILE, Maxima, MCN, MDF, MDSL, MEC FEPRODES, MEMCO,MicroFins, Microserfin, MIDE, MIKRA, Mikrofond, Moris Rasik, Normicro, NovoBanco - MOZ,OBM, OMB, Otiv Diana, OXUS - TJK, PASED, PEACE, PRIDE - MWI, PRIDE - ZAM, ProCredit Bank- ALB, ProCredit Bank - BGR, ProCredit Bank - ECU, ProCredit Bank - GEO, ProCredit Bank- KOS, ProCredit Bank - MDA, ProCredit Bank - NIC, ProCredit Bank - SRB, ProCredit Bank - UKR,ProMujer - MEX, ProMujer - PER, PSHM, RB Datu Paglas, Rost, Saadhana, Sabaragamuwa, SAILD,SBS, SEAP, SEF-ARM, SEYAMFI, SFPI, SOCREMO, SOGESOL, Soro Yiriwaso, Soyuz, SPBD, SWAWS,Tchuma, TCVM Thanh Hoa, TFS, USTOI, VFC, Viator, Vital Finance, VRFSBS, Wasasa, Wisdom,XacBank.399 70 234 95 1st Valley Bank, ABA, ABS-CBN, ACAD, ACBA, ACCOVI, ACEP Sénégal, ACF, ACFB, ACLEDA, ACME,ACODEP, ACORDE, ACSI, Actuar Antioquia, Actuar Caldas, Actuar Tolima, ADICH, ADIM, ADMIC,ADOPEM, ADRA - PER, ADRI, Agrocapital, AGUDESA, Aiyl Bank, Akiba, Al Amana, Al Majmoua,Al Tadamun, Alternativa, Alteya, AMA, AMRET, AMSSF/MC, APGA, Apoyo Integral, ARDPAS, ASA,ASC Union, ASEI, ASHI, ASKI, AUGE, AYNLA, Azercredit, Banco Ademi, Banco del Trabajo, BancoSantiago de Libon, Banco Solidario, BancoEstado, BancoSol, BanDesarrollo Microempresas,Bangko Kabayan, Bangko Mabuhay, Bank Eskhata, Bank of Ormoc, BASIX, BASTOB, BCB, BCSC,BEES, Benefit, BIMAS, BISWA, BPR AK, BPR AM, BPR AN, BPR NSI, BPR PKT, BRAC, BRI, BURO, CACPEYantzaza, CAFASA, Caja Libertad, Caja Nor Perú, Caja Popular Mexicana, CamCCUL, CAME,Cantilan Bank, CAPA, CAPPED, CARD Bank, CARD NGO, Caritas, Cashpor MC, CBMO, CCA, CDRO,CDS, CEADe, CEAPE Maranhão, CEB, CECA, Centenary Bank, CEP, CEPESIU, CEPRODEL, CETZAM,CFPA, CHC-Limited, CMAC Arequipa, CMAC Cusco, CMAC Del Santa, CMAC Huancayo, CMACIca, CMAC Maynas, CMAC Paita, CMAC Sullana, CMAC Tacna, CMAC Trujillo, CMM Bogotá, CMMMedellín, CMS, COAC Artesanos, COAC Jardín Azuayo, COAC JEP, COAC Mushuc Runa, COACSan José, Compartamos, Constanta, Contactar, Coop 20 de Abril, COOP Fátima, Coop JuanXXIII, Coop Universitaria, COOPAC San Martín, COOPAC Santo Cristo, CRAC Los Andes, CRECER,CrediAmigo, Credicoop, CREDIMUJER, CREDO, CReSA, CSC, CVECA Kita/Bafoulabé, DAMEN,DEC, DECSI, DEF, Despacho Amador, DESPENO, Diaconia, DINARI, D-miro, EDAPROSPO, EDPYMEConfianza, EDPYME Crear Arequipa, EDPYME Crear Tacna, EKI, EKPA, Enda, Equity Bank, ESAF,ESED, Espacios Alternativos, FADEMYPE, FADES, FAFIDESS, FAMA, FAPE, Fassil FFP, Faulu - UGA,FCBFI, FCC, FDL, FDM, FECECAM, FECECAV, FED, FFECC, Fiaseman RB, FICO, FIDERPAC, FIELCO,FinAmérica, Financiera Familiar, Financiera Independencia, FINCA - ECU, FINCA - HND, FINCA- HTI, FINCA - MEX, FINCA - MWI, FINCA - NIC, FINCA - PER, FinComún, FINCORP, FINDESA, FinDev,First Allied, First Macro Bank, FMC, FMCC, FMM Bucaramanga, FMM Popayán, FMSD, FODEMI,FOMIC, FONCRESOL, FONDEP, Fondespoir, FONDESURCO, Fonkoze, Fortaleza FFP, FORUS, FRAC,FRP, FUCEC, FUDEMI, FUNBODEM, Fundación Alternativa, Fundación Campo, Fundación Espoir,Fundación León 2000, Fundación Micros, Fundación Mujer, Fundación Nieborowski,Fundación Paraguaya, FUNDAMIC, FUNDEA, FUNDECOCA, FUNDENUSE, FUNDESER, FUNDESPE,Fundusz Mikro, FUNED, FUNHAVI, FUNSALDE, FYMA, GBNB, Génesis Empresarial, Génesiss,GRAINE sarl, Grameen Bank, Green Bank, GU, GV, HEED, Hermandad de Honduras, HKL, HOPE,IASC, ICC Blusol, IDEPRO, IDESI La Libertad, IDESI Lambayeque, IDF, IMPRO, INECO, INSOTEC,Interfisa, Jagorani Chakra Foundation, Janalakshmi, Jemeni, Juaben RB, Kafo Jiginew, Kashf,Khan Bank, KLF, KMBI, Kondo Jigima, Kotalipara, K-Rep, KVK, KWFT, LAM, LAPO, LOKmicro, LPD54Microfinance Information eXchange, Inc

MICROBANKING BULLETIN, ISSUE 15, AUTUMN 2007BULLETIN TABLESDATA QUALITY †PEER GROUP N *** ** * PARTICIPATING INSTITUTIONSCharter Type: Bank(Bank)Charter Type: Credit Union(Credit Union)Charter Type: NBFI(Non - Bank FinancialIntermediary)Ambengan, LPD Asahduren, LPD Bayung Gede, LPD Bedha, LPD Buahan, LPD Celuk, LPDKetewel, LPD Kukuh, LPD Kuta, LPD Panjer, LPD Pecatu, LPD Sibetan, LPD Ubung, Mallig PlainsRB, Manuela Ramos, MECREF, MEDF, MED-Net, MFW, MGBB, MiBanco, MI-BOSPO, MicroempresasAntioquia, Mikro ALDI, Mikrofin, Milamdec, Miselini, Moznosti, MPGBB, Nachala, New RB ofVictorias, Nirdhan, NOA, NWTF, Nyèsigiso, ODEF, OLC, OMO, OMRO, Oriencoop, PADECOMSM,PADME, PAIDEK, PALFSI, PAMECAS, Partner, PGBB, PILARH, Prasac, PRESTANIC, PRIDE - TZA,PRISMA, Prizma, ProCaja, ProCredit Bank - BIH, ProCredit Bank - BOL, ProCredit Bank - SLV,PRODEM FFP, PRODESA, ProMujer - BOL, ProMujer - NIC, RB Camalig, RB Capalonga, RB Digos, RBLebak, RB Loon, RB Mabitac, RB Oroquieta, RB Solano, RB Sto. Tomas, RB Talisayan, RCPB, RDRS,SAFWCO, Sanghamithra, Sarvodaya Nano Finance, SAT, SBACD, SBDF, SDBL, SEDA, SEEDS, SEF-ZAF, Seilanithih, Serviamus, Shakti, SHARE, SINERGIJA, SIPEM, SISDO, SKDRDP, SKS, SMEP, SMS,SMSS, Sodeistviye - Smolensk, South Akim RB, Spandana, SPGBB, Sunrise, TIAVO, TLM, TMSS,TPC, TSKI, TSPI, TYM, UCADE Ambato, UCADE Latacunga, UCADE Santo Domingo, UCEC/MK,UDDIPAN, UML, UNICECAM, UNRWA, UPI, Urwego, U-Trust, Valiant RB, VBSP, VEF, Visión deFinanzas, VWS, WAGES, WKP, Women for Women, World Relief - HND, WWB Cali, Zakoura.56 13 39 4 ACBA, ACLEDA, ADOPEM, Agroinvestbank, Akiba, Banco Ademi, Banco del Trabajo, BancoPopular, Banco Solidario, BancoEstado, BancoSol, BanDesarrollo Microempresas, BanGente,Bank Eskhata, BCSC, BOM, BRI, Capitec Bank, Centenary Bank, Compartamos, CrediAmigo,Equity Bank, FMFB - AFG, FMFB - TJK, FORUS, Grameen Bank, INECO, KBSLAB, Khan Bank, KMB,K-Rep, MFBA, MiBanco, NovoBanco - ANG, NovoBanco - MOZ, OBM, OIBM, OMB, ProCreditBank - ALB, ProCredit Bank - BGR, ProCredit Bank - BIH, ProCredit Bank - BOL, ProCredit Bank- DRC, ProCredit Bank - ECU, ProCredit Bank - GEO, ProCredit Bank - KOS, ProCredit Bank- MKD, ProCredit Bank - NIC, ProCredit Bank - ROM, ProCredit Bank - SLV, ProCredit Bank - SRB,ProCredit Bank - UKR, SOCREMO, UPI, VBSP, XacBank.74 9 48 17 ACEP Sénégal, Alternativa, Alteya, Aqroinvest, ASC Union, Aurora, CACMU, CACPE Yantzaza,Caja Libertad, Caja Popular Mexicana, CamCCUL, CCT, CECA, CMS, COAC Acción Rural, COACArtesanos, COAC Chone, COAC Fondvida, COAC Jardín Azuayo, COAC JEP, COAC KullkiWasi, COAC Luz del Valle, COAC MCCH, COAC Mushuc Runa, COAC Sac Aiet, COAC San José,COAC Santa Anita, CODESARROLLO, Coop 20 de Abril, COOP Fátima, Coop Juan XXIII, CoopUniversitaria, COOPAC San Martín, COOPAC Santo Cristo, COOPROGRESO, Credicoop, CVECAKita/Bafoulabé, DEMOS SLC, DJOMEC, Doveriye - Amursk, EKPA, FECECAM, FECECAV, FFECC,FUCEC, FULM, Intellekt, Jemeni, Kafo Jiginew, Kondo Jigima, KVK, MEC FEPRODES, MECREF,Moznosti, Nachala, NOA, Nyèsigiso, Obereg - Perm, Oriencoop, Otiv Diana, PAMECAS, RCPB,Rost, SBS, SMS, Sodeistviye - Pyatigorsk, Sodeistviye - Smolensk, Soyuz, TIAVO, UC Umutanguha,UCEC/MK, U-IMCEC, UNICECAM, WOCCU - AFG.230 50 144 36 ACCOVI, ACF, ACSI, AFK, AFS, Aggar, AgroInvest, Aiyl Bank, Al Awael, Alwatani, AMC, AMC deR.L., Ameen, AMK, AML, AMRET, Apoyo Integral, AREGAK, Arnur Credit, ASEA, ASP Financiera,ASTI, Atlantic Capital Partners, AVFS, Azercredit, Azeri Star, BAI, Bandhan, BASIX, Benefit, BFL, BG,BTFF, CAFASA, Caja Nor Perú, CAPA, CBB, CCA, CDS, CEB, CEF, CETZAM, CFE, CHC-Limited, CMACArequipa, CMAC Cusco, CMAC Del Santa, CMAC Huancayo, CMAC Ica, CMAC Maynas, CMACPaita, CMAC Sullana, CMAC Tacna, CMAC Trujillo, CML, Constanta, CRAC Los Andes, Crece Safsa,CredAgro NBCO, Credi Fe, CREDIT, Credit Mongol, CREDO, Crystal Fund, Dayaq-Credit, DD Bank,DECSI, Despacho Amador, DESPENO, Dire, Duterimbere, ECLOF - ARM, Ecofuturo FFP, EDPYMEAlternativa, EDPYME Confianza, EDPYME Crear Arequipa, EDPYME Crear Tacna, EDPYMEEdyficar, EDPYME Efectiva, EDPYME Nueva Visión, EDPYME Proempresa, EKI, Elet-Capital,ENLACE, Eshet, Eurekasoli, FAMA, Fassil FFP, FATEN, Faulu - TZA, Faulu - UGA, FIE FFP, FIE GranPoder, FIELCO, FinAmérica, Financiera Familiar, Financiera Independencia, FINCA - AFG, FINCA- ARM, FINCA - AZE, FINCA - ECU, FINCA - GEO, FINCA - RUS, FINCA - TJK, FINCA - UGA, FINCA- ZAM, FinComún, FINCORP, FINDESA, FinDev, FINSOL, First Allied, FMC, FMCC, FMFB - Pakistan,Forjadores, Fortaleza FFP, FRP, Fundusz Mikro, FYMA, Gasha, GRAINE sarl, Harubu, Hermandadde Honduras, HKL, HOPE, Horizon, Imkoniyat, IMON, Interfisa, IPR, JMCC, JOVID, KADET,KAMURJ, KEP, Khushhali Bank, KLF, Kompanion, KRK Ltd, KWFT, LAM, LIDER, LOKmicro, MADRAC,Mahasemam - SMILE, Maxima, MCN, MDSL, MEMCO, Metemamen, MFW, MI-BOSPO, Microinvest,Microserfin, MIKRA, Mikro ALDI, Mikrofin, Mikrofond, MikroMaliyye Credit, MLF HUMO, MLFMicroInvest, MoFAD, Nirdhan, NMFB, Normicro, OBS, ODEF, OI-SASL, OI-WEDCO, OMO, OMRO,Oportunidad Microfinanzas, OXUS - AFG, OXUS - TJK, Partner, Parwaz, PEACE, PILARH, PNGMicrofinance Ltd, POMFB, Prasac, PRIDE - MWI, Prizma, ProCredit Bank - GHA, ProCredit Bank- MDA, PRODEM FFP, PSHM, RML, Rozgar, Sabaragamuwa, Sarvodaya Nano Finance, SB Bank,SBDF, SDBL, SEEDS, SEF-ARM, Seilanithih, SemiSol, SEYAMFI, SFPI, SHARE, SINERGIJA, SIPEM,SKS, SMEP, SOGESOL, Solfi, Sonata, Spandana, Sunduq, Sunrise, Tchuma, TFS, TMFB, TPC, TYM,Ujjivan, UML, UNRWA, Urwego, USTOI, U-Trust, VFC, Visión de Finanzas, VRFSBS, Wasasa, Wisdom,Women for Women, WWI - AFG,Microfinance Information eXchange, Inc55

BULLETIN TABLESMICROBANKING BULLETIN, ISSUE 15, AUTUMN 2007DATA QUALITY †PEER GROUP N *** ** * PARTICIPATING INSTITUTIONSCharter Type: NGO(Non GovernmentOrganization)Charter Type: Rural Bank(Rural Bank)282 28 169 85 ABA, ABCRDM, ABS-CBN, ABWA, ACAD, ACFB, ACME, ACODEP, ACORDE, Actuar Antioquia, ActuarCaldas, Actuar Tolima, Adhikar, ADICH, ADIM, ADMIC, ADRA - PER, ADRI, AFODENIC, Agrocapital,AGUDESA, Al Amana, Al Karama, Al Majmoua, Al Tadamun, Alidé, ALSOL, AMA, AMEXTRA, AMOS,AMSSF/MC, APED, APGA, APROS, Arariwa, ARDI, ARDPAS, ARMP, ASA, ASA Philippines, ASALA,Asasah, ASDIR, ASEI, ASHI, ASKI, Asociación Raiz, Asomi, ATEMEXPA, AUGE, AYNLA, Azal, BancoDa Familia, BASTOB, BEES, Bereke, BESA, BIMAS, Binhminh CDC, BISWA, BRAC, BRAC - AFG, BRAC- LKA, BRAC - TZA, BRAC - UGA, BSS, BURO, BZMF, CAME, CAPPED, CARD NGO, Caritas, CashporMC, CDRO, CEADe, CEAPE Maranhão, CEOSS, CEP, CEPESIU, CEPRODEL, CEVI, CFPA, CMEDFI, CMMBogotá, CMM Medellín, COCDEP, Conserva, Contactar, CRECER, CREDIMUJER, CReSA, Crysol,CSC, CUMO, CZWSDA, DAMEN, Daulet, DBACD, DEC, DEF, Diaconia, DIMAN, DINARI, D-miro, Eb-F,ECLOF - PHL, EDAPROSPO, Emprender, Enda, ESAF, ESED, Espacios Alternativos, FADEMYPE,FADES, FAFIDESS, FAPE, FBPMC, FCBFI, FCC, FDL, FDM, FED, FIDERPAC, FINCA - DRC, FINCA - GTM,FINCA - HND, FINCA - HTI, FINCA - KOS, FINCA - MEX, FINCA - MWI, FINCA - NIC, FINCA - PER,FINCA - TZA, FINCA - UZB, FMF, FMM Bucaramanga, FMM Popayán, FMSD, FODEM, FODEMI,FOMIC, FONCRESOL, FONDEP, FONDESOL, Fondespoir, FONDESURCO, Fonkoze, FOVIDA, FRAC,Friendship Bridge - GTM, FUDEMI, FUNBODEM, Fundación Adelante, Fundación Alternativa,Fundación Campo, Fundación Espoir, Fundación León 2000, Fundación Micros, FundaciónMujer, Fundación Nieborowski, Fundación Paraguaya, Fundación San Miguel, FUNDAHMICRO,FUNDAMIC, FUNDEA, FUNDECOCA, FUNDENUSE, FUNDEPYME, FUNDESER, FUNDESPE, FUNED,FUNHAVI, FUNSALDE, Génesis Empresarial, Génesiss, GK, GU, GV, HEED, Hekima, Hluvuku,Hofokam, Horizonti, IASC, ICC Blusol, IDDA, IDEPRO, IDESI La Libertad, IDESI Lambayeque,IDF, IMPRO, INMAA, INSOTEC, Jagorani Chakra Foundation, Janalakshmi, KAS, Kasagana-Ka,Kashf, Kazama Grameen, KCCDFI, KMBI, KosInvest, Kotalipara, Krushi, Kuyasa, LAPO, LeadFoundation, Life Bank, MAFF, Manuela Ramos, MBK Ventura, MCF - SYR, MDF, MEDF, MED-Net,MFI, Microempresas Antioquia, MicroFins, MIDE, Milamdec, Miselini, Moris Rasik, NMF, NWTF,OLC, PADECOMSM, PADME, PAIDEK, PALFSI, PASED, PATRA Hunchun, PATRA Yanbian, PRESTANIC,PRIDE - TZA, PRIDE - ZAM, PRISMA, ProCaja, PRODESA, ProMujer - BOL, ProMujer - MEX,ProMujer - NIC, ProMujer - PER, RDRS, Saadhana, SAFWCO, SAILD, Sanghamithra, SAT, SBACD,SEAP, SEDA, SEF-ZAF, Serviamus, Shakti, SISDO, SKDRDP, SMSS, Sodruzhestvo, Soro Yiriwaso,SPBD, Swadhaar, SWAWS, TCVM Thanh Hoa, TLM, TMSS, TSKI, TSPI, UCADE Ambato, UCADEGuaranda, UCADE Latacunga, UCADE Santo Domingo, UDDIPAN, VEF, Viator, Vital Finance, VWS,WAGES, WKP, World Relief - HND, WWB Cali, YAMIDA, Zakoura.62 0 25 37 1st Valley Bank, Ahantaman RB, Akuapem RB, Atwima Kwanwoma RB, Banco Santiago deLibon, Bangko Kabayan, Bangko Mabuhay, Bank of Ormoc, BCB, BPR AK, BPR AM, BPR AN, BPRAnug, BPR BCS, BPR Bumi, BPR Eka Ayu, BPR Eka Usaha, BPR NSI, BPR PKT, BPR WRD, CantilanBank, CARD Bank, CBMO, Fiaseman RB, FICO, First Macro Bank, GBNB, Green Bank, Juaben RB,LPD Ambengan, LPD Asahduren, LPD Bayung Gede, LPD Bedha, LPD Buahan, LPD Celuk, LPDIntaran, LPD Ketewel, LPD Kukuh, LPD Kuta, LPD Panjer, LPD Pecatu, LPD Sibetan, LPD Ubung,Mallig Plains RB, MGBB, MPGBB, New RB of Victorias, PGBB, RB Camalig, RB Capalonga, RB DatuPaglas, RB Digos, RB Lebak, RB Loon, RB Mabitac, RB Oroquieta, RB Solano, RB Sto. Tomas, RBTalisayan, South Akim RB, SPGBB, Valiant RB.56Microfinance Information eXchange, Inc

MICROBANKING BULLETIN, ISSUE 15, AUTUMN 2007BULLETIN TABLESDATA QUALITY †PEER GROUP N *** ** * PARTICIPATING INSTITUTIONSFinancial Intermediation:Non FI(Voluntary Savings/ TotalAssets = 0)Financial Intermediation:Low FI(Voluntary Savings/ TotalAssets > 0 and < 20%)410 52 251 107 ABA, ABCRDM, ABS-CBN, ABWA, ACAD, ACF, ACME, ACODEP, ACORDE, Actuar Antioquia, ActuarCaldas, Actuar Tolima, Adhikar, ADICH, ADIM, ADMIC, ADRA - PER, ADRI, AFK, AFODENIC, AFS,Agrocapital, AgroInvest, AGUDESA, Aiyl Bank, Al Amana, Al Awael, Al Karama, Al Majmoua, AlTadamun, Alidé, ALSOL, Alwatani, AMA, AMC, AMC de R.L., Ameen, AMEXTRA, AML, AMOS,AMSSF/MC, APED, Apoyo Integral, APROS, Aqroinvest, Arariwa, ARDI, ARDPAS, AREGAK, ARMP,Arnur Credit, ASA Philippines, ASALA, ASDIR, ASEA, ASEI, ASHI, Asociación Raiz, Asomi, ASPFinanciera, ASTI, ATEMEXPA, Atlantic Capital Partners, AUGE, Aurora, AYNLA, Azal, Azercredit,Azeri Star, BAI, Banco Da Familia, Banco Popular, Bandhan, BASIX, Benefit, Bereke, BESA, BFL,BIMAS, BISWA, BRAC - AFG, BRAC - LKA, BRAC - TZA, BRAC - UGA, BSS, BTFF, BZMF, CAFASA,CAME, CAPA, CARD NGO, Caritas, Cashpor MC, CCT, CDRO, CEADe, CEAPE Maranhão, CEF, CEOSS,CEPESIU, CEPRODEL, CETZAM, CEVI, CFPA, CHC-Limited, CMM Bogotá, CMM Medellín, COCDEP,Compartamos, Conserva, Constanta, Contactar, Crece Safsa, CRECER, CredAgro NBCO, CrediFe, CrediAmigo, CREDIMUJER, Credit Mongol, CREDO, CReSA, Crysol, Crystal Fund, CSC, CUMO,CZWSDA, DAMEN, Daulet, Dayaq-Credit, DBACD, DEC, DEF, Despacho Amador, DESPENO,Diaconia, DIMAN, DINARI, D-miro, ECLOF - ARM, ECLOF - PHL, EDAPROSPO, EDPYME Alternativa,EDPYME Confianza, EDPYME Crear Arequipa, EDPYME Crear Tacna, EDPYME Edyficar, EDPYMEEfectiva, EDPYME Nueva Visión, EDPYME Proempresa, EKI, Elet-Capital, Emprender, Enda,ENLACE, ESAF, ESED, Espacios Alternativos, Eurekasoli, FADEMYPE, FADES, FAFIDESS, FAMA,FAPE, FATEN, Faulu - TZA, Faulu - UGA, FBPMC, FCC, FDL, FDM, FED, FIDERPAC, FIE Gran Poder,Financiera Independencia, FINCA - AFG, FINCA - ARM, FINCA - AZE, FINCA - DRC, FINCA - GEO,FINCA - GTM, FINCA - HND, FINCA - HTI, FINCA - KOS, FINCA - MEX, FINCA - MWI, FINCA - NIC,FINCA - PER, FINCA - RUS, FINCA - TJK, FINCA - TZA, FINCA - UZB, FINCA - ZAM, FINCORP,FinDev, FMC, FMCC, FMF, FMM Bucaramanga, FMM Popayán, FMSD, FODEM, FODEMI, FOMIC,FONCRESOL, FONDEP, FONDESOL, Fondespoir, FONDESURCO, Forjadores, FORUS, FOVIDA, FRAC,Friendship Bridge - GTM, FRP, FUDEMI, FUNBODEM, Fundación Adelante, Fundación Alternativa,Fundación Campo, Fundación Espoir, Fundación León 2000, Fundación Micros, FundaciónMujer, Fundación Nieborowski, Fundación Paraguaya, Fundación San Miguel, FUNDAHMICRO,FUNDAMIC, FUNDEA, FUNDECOCA, FUNDENUSE, FUNDEPYME, FUNDESER, FUNDESPE, FunduszMikro, FUNED, FUNHAVI, FUNSALDE, Génesis Empresarial, Génesiss, GK, GRAINE sarl, GU, GV,HEED, Hekima, Hermandad de Honduras, Hluvuku, Hofokam, HOPE, Horizon, Horizonti, IASC, ICCBlusol, IDDA, IDEPRO, IDESI La Libertad, IDESI Lambayeque, Imkoniyat, IMON, IMPRO, INMAA,INSOTEC, IPR, Janalakshmi, JMCC, JOVID, KADET, KAMURJ, KAS, Kasagana-Ka, KCCDFI,KEP, Khushhali Bank, KLF, KMBI, Kompanion, KosInvest, Kotalipara, KRK Ltd, Krushi, Kuyasa,KWFT, LAM, LAPO, Lead Foundation, LIDER, LOKmicro, MADRAC, MAFF, Mahasemam - SMILE,Manuela Ramos, MBK Ventura, MCN, MDF, MDSL, MEDF, MED-Net, MEMCO, Metemamen, MFI,MFW, MI-BOSPO, Microempresas Antioquia, MicroFins, Microinvest, Microserfin, MIDE, MIKRA,Mikro ALDI, Mikrofin, Mikrofond, MikroMaliyye Credit, Milamdec, MLF HUMO, MLF MicroInvest,MoFAD, Nachala, NMF, NOA, Normicro, Obereg - Perm, OI-WEDCO, OLC, OMRO, OportunidadMicrofinanzas, OXUS - AFG, OXUS - TJK, PADECOMSM, PADME, PAIDEK, PALFSI, Partner, Parwaz,PATRA Hunchun, PATRA Yanbian, PILARH, POMFB, PRESTANIC, PRIDE - MWI, PRIDE - TZA, PRIDE- ZAM, PRISMA, Prizma, ProCredit Bank - MDA, PRODESA, ProMujer - BOL, ProMujer - MEX,ProMujer - NIC, ProMujer - PER, PSHM, RDRS, RML, Saadhana, SAFWCO, SAILD, Sanghamithra,Sarvodaya Nano Finance, SBACD, SBDF, SEAP, SEDA, SEF-ARM, SEF-ZAF, Seilanithih, SemiSol,Shakti, SHARE, SINERGIJA, SIPEM, SISDO, SKDRDP, SKS, SMEP, SMSS, Sodruzhestvo, SOGESOL,Solfi, Sonata, Soyuz, Spandana, Sunduq, Sunrise, Swadhaar, SWAWS, TCVM Thanh Hoa, TLM, TSKI,TSPI, UCADE Ambato, UCADE Guaranda, UCADE Latacunga, UCADE Santo Domingo, Ujjivan,UNRWA, Urwego, USTOI, VBSP, VEF, VFC, Viator, Vital Finance, VRFSBS, VWS, WKP, Women forWomen, World Relief - HND, WWB Cali, WWI - AFG, Zakoura.82 5 52 25 ACBA, ACEP Sénégal, AMK, AMRET, ASA, Asasah, ASC Union, ASKI, AVFS, Banco Ademi, BASTOB,BEES, BG, Binhminh CDC, BRAC, CBB, CEB, CEP, Coop 20 de Abril, CREDIT, DD Bank, DECSI, DEMOSSLC, Dire, DJOMEC, Eb-F, Eshet, FCBFI, FINCA - ECU, FMFB - AFG, FMFB - TJK, Fonkoze, FYMA,Gasha, GBNB, HKL, IDF, Jagorani Chakra Foundation, Kashf, Kazama Grameen, KMB, Maxima, MCF- SYR, MFBA, MGBB, Moznosti, MPGBB, Nirdhan, NMFB, NWTF, OBS, ODEF, OI-SASL, OMB, OMO,PASED, PEACE, PGBB, Prasac, ProCaja, Rozgar, SAT, SB Bank, SEEDS, Serviamus, SEYAMFI, SFPI,SMS, SOCREMO, Soro Yiriwaso, SPBD, SPGBB, Tchuma, TMSS, TPC, TYM, UDDIPAN, UML, Wasasa,Wisdom, WOCCU - AFG, YAMIDA.Microfinance Information eXchange, Inc57

BULLETIN TABLESMICROBANKING BULLETIN, ISSUE 15, AUTUMN 2007DATA QUALITY †PEER GROUP N *** ** * PARTICIPATING INSTITUTIONSFinancial Intermediation:High FI(Voluntary Savings/ TotalAssets ≥ 20%)212 43 122 47 1st Valley Bank, ACCOVI, ACFB, ACLEDA, ACSI, ADOPEM, Aggar, Agroinvestbank, Ahantaman RB,Akiba, Akuapem RB, Alternativa, Alteya, APGA, Atwima Kwanwoma RB, Banco del Trabajo, BancoSantiago de Libon, Banco Solidario, BancoEstado, BancoSol, BanDesarrollo Microempresas,BanGente, Bangko Kabayan, Bangko Mabuhay, Bank Eskhata, Bank of Ormoc, BCB, BCSC,BOM, BPR AK, BPR AM, BPR AN, BPR Anug, BPR BCS, BPR Bumi, BPR Eka Ayu, BPR Eka Usaha,BPR NSI, BPR PKT, BPR WRD, BRI, BURO, CACMU, CACPE Yantzaza, Caja Libertad, Caja Nor Perú,Caja Popular Mexicana, CamCCUL, Cantilan Bank, Capitec Bank, CAPPED, CARD Bank, CBMO,CCA, CDS, CECA, Centenary Bank, CFE, CMAC Arequipa, CMAC Cusco, CMAC Del Santa, CMACHuancayo, CMAC Ica, CMAC Maynas, CMAC Paita, CMAC Sullana, CMAC Tacna, CMAC Trujillo,CMEDFI, CML, CMS, COAC Acción Rural, COAC Artesanos, COAC Chone, COAC Fondvida, COACJardín Azuayo, COAC JEP, COAC Kullki Wasi, COAC Luz del Valle, COAC MCCH, COAC MushucRuna, COAC Sac Aiet, COAC San José, COAC Santa Anita, CODESARROLLO, COOP Fátima, CoopJuan XXIII, Coop Universitaria, COOPAC San Martín, COOPAC Santo Cristo, COOPROGRESO, CRACLos Andes, Credicoop, CVECA Kita/Bafoulabé, Doveriye - Amursk, Duterimbere, Ecofuturo FFP,EKPA, Equity Bank, Fassil FFP, FECECAM, FECECAV, FFECC, Fiaseman RB, FICO, FIE FFP, FIELCO,FinAmérica, Financiera Familiar, FINCA - UGA, FinComún, FINDESA, FINSOL, First Allied, FirstMacro Bank, FMFB - Pakistan, Fortaleza FFP, FUCEC, FULM, Grameen Bank, Green Bank, Harubu,INECO, Intellekt, Interfisa, Jemeni, Juaben RB, Kafo Jiginew, KBSLAB, Khan Bank, Kondo Jigima,K-Rep, KVK, Life Bank, LPD Ambengan, LPD Asahduren, LPD Bayung Gede, LPD Bedha, LPDBuahan, LPD Celuk, LPD Intaran, LPD Ketewel, LPD Kukuh, LPD Kuta, LPD Panjer, LPD Pecatu,LPD Sibetan, LPD Ubung, Mallig Plains RB, MEC FEPRODES, MECREF, MiBanco, Miselini, MorisRasik, New RB of Victorias, NovoBanco - ANG, NovoBanco - MOZ, Nyèsigiso, OBM, OIBM,Oriencoop, Otiv Diana, PAMECAS, PNG Microfinance Ltd, ProCredit Bank - ALB, ProCreditBank - BGR, ProCredit Bank - BIH, ProCredit Bank - BOL, ProCredit Bank - DRC, ProCredit Bank- ECU, ProCredit Bank - GEO, ProCredit Bank - GHA, ProCredit Bank - KOS, ProCredit Bank- MKD, ProCredit Bank - NIC, ProCredit Bank - ROM, ProCredit Bank - SLV, ProCredit Bank - SRB,ProCredit Bank - UKR, PRODEM FFP, RB Camalig, RB Capalonga, RB Datu Paglas, RB Digos, RBLebak, RB Loon, RB Mabitac, RB Oroquieta, RB Solano, RB Sto. Tomas, RB Talisayan, RCPB, Rost,Sabaragamuwa, SBS, SDBL, Sodeistviye - Pyatigorsk, Sodeistviye - Smolensk, South Akim RB, TFS,TIAVO, TMFB, UC Umutanguha, UCEC/MK, U-IMCEC, UNICECAM, UPI, U-Trust, Valiant RB, Visiónde Finanzas, WAGES, XacBank.Methodology: Individual 252 55 137 60 1st Valley Bank, ACAD, ACBA, ACCOVI, ACF, ACME, ACORDE, Actuar Antioquia, Actuar Caldas,ADMIC, ADRI, AFK, AFODENIC, Agrocapital, AgroInvest, Agroinvestbank, Alternativa, Alteya,Alwatani, AMA, AMC, AMC de R.L., Ameen, Aqroinvest, Arnur Credit, ASA Philippines, ASC Union,ASDIR, ASP Financiera, Atlantic Capital Partners, Aurora, BAI, Banco Ademi, Banco Da Familia,Banco del Trabajo, Banco Santiago de Libon, BancoEstado, Bank Eskhata, Bank of Ormoc, BCB,BCSC, Benefit, BESA, BPR AK, BPR AM, BPR AN, BPR Anug, BPR BCS, BPR Bumi, BPR Eka Ayu,BPR Eka Usaha, BPR NSI, BPR PKT, BPR WRD, BRAC, BRI, BZMF, CACPE Yantzaza, Caja Libertad,Caja Nor Perú, Caja Popular Mexicana, CAPA, Capitec Bank, CBMO, CCT, CECA, CEF, CentenaryBank, CEPRODEL, CMAC Arequipa, CMAC Cusco, CMAC Del Santa, CMAC Huancayo, CMAC Ica,CMAC Maynas, CMAC Paita, CMAC Sullana, CMAC Tacna, CMAC Trujillo, CMEDFI, CMM Bogotá,CMM Medellín, COAC Chone, COAC Fondvida, COAC Jardín Azuayo, COAC JEP, COAC KullkiWasi, COAC MCCH, COAC Mushuc Runa, Coop 20 de Abril, COOP Fátima, Coop Juan XXIII, CoopUniversitaria, COOPAC San Martín, COOPAC Santo Cristo, COOPROGRESO, CRAC Los Andes,CredAgro NBCO, Credi Fe, CrediAmigo, Credicoop, CREDIMUJER, Credit Mongol, CSC, Dayaq-Credit, DJOMEC, Doveriye - Amursk, EDPYME Alternativa, EDPYME Confianza, EDPYME CrearArequipa, EDPYME Crear Tacna, EDPYME Efectiva, EDPYME Nueva Visión, EDPYME Proempresa,EKPA, Equity Bank, FAMA, Fassil FFP, FED, FFECC, FIDERPAC, FIE FFP, FIE Gran Poder, FIELCO,FinAmérica, Financiera Familiar, Financiera Independencia, FINCA - AFG, FinComún, FINCORP,FINDESA, First Macro Bank, FMFB - AFG, FMM Bucaramanga, FMM Popayán, FMSD, FOMIC,Fortaleza FFP, Friendship Bridge - GTM, FRP, FULM, Fundación Campo, Fundación Nieborowski,FUNDECOCA, FUNHAVI, FUNSALDE, Génesiss, Green Bank, Hluvuku, ICC Blusol, IDESI La Libertad,IDESI Lambayeque, IMPRO, INECO, INSOTEC, Interfisa, IPR, Kafo Jiginew, Khan Bank, KhushhaliBank, KMB, KosInvest, Kotalipara, KRK Ltd, Kuyasa, KVK, LAM, LPD Ambengan, LPD Asahduren,LPD Bayung Gede, LPD Bedha, LPD Buahan, LPD Celuk, LPD Intaran, LPD Ketewel, LPD Kukuh,LPD Kuta, LPD Panjer, LPD Pecatu, LPD Sibetan, LPD Ubung, MCN, MDF, MEMCO, MFBA, MiBanco,Microempresas Antioquia, MicroFins, Microserfin, Mikrofin, Mikrofond, Nachala, New RB ofVictorias, NOA, NovoBanco - ANG, NovoBanco - MOZ, Obereg - Perm, OBM, OBS, Oriencoop,PADECOMSM, Partner, PGBB, PILARH, PRESTANIC, ProCaja, ProCredit Bank - ALB, ProCreditBank - BGR, ProCredit Bank - BIH, ProCredit Bank - BOL, ProCredit Bank - DRC, ProCredit Bank- ECU, ProCredit Bank - GEO, ProCredit Bank - GHA, ProCredit Bank - KOS, ProCredit Bank- MDA, ProCredit Bank - MKD, ProCredit Bank - NIC, ProCredit Bank - ROM, ProCredit Bank - SLV,ProCredit Bank - SRB, ProCredit Bank - UKR, PRODESA, RB Camalig, RB Capalonga, RB DatuPaglas, RB Digos, RB Lebak, RB Loon, RB Mabitac, RB Oroquieta, RB Solano, RB Sto. Tomas, RBTalisayan, RML, Rost, SBS, SIPEM, SOCREMO, Sodeistviye - Pyatigorsk, Sodeistviye - Smolensk,Sodruzhestvo, SOGESOL, Sonata, Soyuz, Sunrise, TFS, TMFB, Valiant RB, Visión de Finanzas, VWS,WWB Cali.58Microfinance Information eXchange, Inc

MICROBANKING BULLETIN, ISSUE 15, AUTUMN 2007BULLETIN TABLESDATA QUALITY †PEER GROUP N *** ** * PARTICIPATING INSTITUTIONSMethodology: Individual /Solidarity(Individual & Solidarity; orIndividual, Solidarity & VillageBanking)317 34 215 68 ABA, ABS-CBN, ABWA, ACEP Sénégal, ACFB, ACLEDA, ACODEP, ACSI, Actuar Tolima, ADICH,ADIM, ADOPEM, AFS, Aggar, AGUDESA, Ahantaman RB, Aiyl Bank, Akiba, Akuapem RB, AlAmana, Al Awael, Al Karama, Al Majmoua, Alidé, AMK, AMOS, AMRET, AMSSF/MC, APGA, ApoyoIntegral, APROS, AREGAK, ARMP, ASALA, Asasah, ASKI, Asociación Raiz, ATEMEXPA, AtwimaKwanwoma RB, AUGE, AVFS, AYNLA, Azal, Azercredit, Azeri Star, Banco Popular, Banco Solidario,BancoSol, BanDesarrollo Microempresas, BanGente, Bangko Kabayan, Bangko Mabuhay,BASIX, BEES, Bereke, BG, BOM, BRAC - AFG, BTFF, CAFASA, CamCCUL, Cantilan Bank, CAPPED,CARD Bank, Caritas, CBB, CCA, CDRO, CDS, CEADe, CEAPE Maranhão, CEB, CEOSS, CEPESIU,CETZAM, CFE, CML, CMS, COAC Acción Rural, COAC Artesanos, COAC Luz del Valle, COAC SacAiet, COAC San José, COAC Santa Anita, COCDEP, CODESARROLLO, Compartamos, Conserva,Constanta, Contactar, Crece Safsa, CREDIT, CREDO, Crystal Fund, DBACD, DEC, DECSI, DEF,DEMOS SLC, DESPENO, DIMAN, DINARI, Dire, D-miro, Duterimbere, Eb-F, ECLOF - PHL, EcofuturoFFP, EDAPROSPO, EDPYME Edyficar, EKI, Elet-Capital, Emprender, Enda, ENLACE, ESAF, ESED,Eshet, FADEMYPE, FADES, FAFIDESS, FAPE, FATEN, Faulu - UGA, FBPMC, FCBFI, FCC, FDL, FDM,FECECAM, FECECAV, Fiaseman RB, FICO, FINCA - ARM, FINCA - ECU, FINCA - GEO, FINCA - KOS,FINCA - NIC, FINCA - RUS, FINCA - TJK, FINCA - UZB, FinDev, FINSOL, First Allied, FMC, FMCC, FMF,FMFB - TJK, FODEM, FODEMI, FONCRESOL, FONDEP, FONDESOL, Fondespoir, FONDESURCO,Fonkoze, Forjadores, FORUS, FOVIDA, FUCEC, FUDEMI, FUNBODEM, Fundación Adelante,Fundación León 2000, Fundación Micros, Fundación Paraguaya, FUNDAHMICRO, FUNDAMIC,FUNDEA, FUNDENUSE, FUNDEPYME, FUNDESER, FUNDESPE, Fundusz Mikro, FYMA, Gasha,Harubu, Hermandad de Honduras, HKL, Hofokam, HOPE, Horizon, Horizonti, IDEPRO, IMON,INMAA, Intellekt, Jagorani Chakra Foundation, Janalakshmi, Jemeni, JMCC, JOVID, Juaben RB,KAMURJ, Kasagana-Ka, Kashf, KBSLAB, KEP, KLF, Kompanion, Kondo Jigima, K-Rep, Krushi, KWFT,Lead Foundation, LIDER, LOKmicro, MAFF, Mallig Plains RB, Maxima, MCF - SYR, MEC FEPRODES,MECREF, MED-Net, MFW, MGBB, MI-BOSPO, Microinvest, MIDE, MIKRA, Mikro ALDI, Miselini,MLF HUMO, MLF MicroInvest, Moris Rasik, Moznosti, MPGBB, Nirdhan, NMF, NMFB, Normicro,NWTF, Nyèsigiso, ODEF, OIBM, OI-SASL, OI-WEDCO, OLC, OMB, OMO, OMRO, Otiv Diana, OXUS- AFG, OXUS - TJK, PADME, PAIDEK, PALFSI, PAMECAS, Parwaz, PASED, PEACE, PNG MicrofinanceLtd, Prasac, PRIDE - MWI, PRIDE - TZA, PRIDE - ZAM, PRISMA, Prizma, PRODEM FFP, PSHM, RCPB,Sabaragamuwa, SAILD, SAT, SBACD, SBDF, SDBL, SEAP, SEEDS, SEF-ARM, Seilanithih, SemiSol,SEYAMFI, SFPI, Shakti, SHARE, SINERGIJA, SISDO, SKS, Soro Yiriwaso, South Akim RB, Spandana,SPGBB, SWAWS, Tchuma, TIAVO, TLM, TMSS, TPC, TSPI, UC Umutanguha, UCADE Guaranda,UCADE Latacunga, UCADE Santo Domingo, UCEC/MK, U-IMCEC, UML, UNICECAM, UNRWA,UPI, USTOI, U-Trust, VBSP, VEF, VFC, Viator, Vital Finance, VRFSBS, WAGES, Wasasa, Wisdom, WKP,WOCCU - AFG, Women for Women, World Relief - HND, XacBank, Zakoura.Methodology: Solidarity 65 2 35 28 Al Tadamun, ALSOL, AMEXTRA, AML, ARDI, ARDPAS, ASA, ASHI, ASTI, Bandhan, BASTOB, BIMAS,Binhminh CDC, BRAC - LKA, BSS, BURO, CARD NGO, CEVI, CFPA, CReSA, CZWSDA, DAMEN,Daulet, DD Bank, Despacho Amador, ECLOF - ARM, Espacios Alternativos, Eurekasoli, Faulu - TZA,FMFB - Pakistan, Fundación Alternativa, Fundación San Miguel, GBNB, GRAINE sarl, GrameenBank, GV, HEED, IDDA, IDF, Imkoniyat, KMBI, LAPO, Life Bank, MADRAC, Mahasemam - SMILE,MDSL, MikroMaliyye Credit, Milamdec, MoFAD, PATRA Hunchun, PATRA Yanbian, POMFB, RDRS,Rozgar, Saadhana, SB Bank, SEF-ZAF, Serviamus, Solfi, Sunduq, Swadhaar, TCVM Thanh Hoa, TYM,UDDIPAN, WWI - AFG.Methodology: VillageBanking70 9 38 23 ABCRDM, Adhikar, ADRA - PER, APED, Arariwa, ASEA, ASEI, Asomi, BFL, BISWA, BRAC - TZA, BRAC- UGA, CACMU, CAME, Cashpor MC, CEP, CHC-Limited, CRECER, Crysol, CUMO, CVECA Kita/Bafoulabé, Diaconia, FINCA - AZE, FINCA - DRC, FINCA - GTM, FINCA - HND, FINCA - HTI, FINCA -MEX, FINCA - MWI, FINCA - PER, FINCA - TZA, FINCA - UGA, FINCA - ZAM, FRAC, Fundación Espoir,Fundación Mujer, FUNED, Génesis Empresarial, GK, GU, Hekima, IASC, KADET, KAS, KazamaGrameen, KCCDFI, Manuela Ramos, MBK Ventura, MEDF, Metemamen, MFI, OportunidadMicrofinanzas, ProMujer - BOL, ProMujer - MEX, ProMujer - NIC, ProMujer - PER, SAFWCO,Sanghamithra, Sarvodaya Nano Finance, SEDA, SKDRDP, SMEP, SMS, SMSS, SPBD, TSKI, UCADEAmbato, Ujjivan, Urwego, YAMIDA.Microfinance Information eXchange, Inc59

BULLETIN TABLESMICROBANKING BULLETIN, ISSUE 15, AUTUMN 2007DATA QUALITY †PEER GROUP N *** ** * PARTICIPATING INSTITUTIONSOutreach: Small(Number of Borrowers< 10,000)Outreach: Medium(Number of Borrowers ≥10,000 and ≤ 30,000)349 25 220 104 ACAD, ACCOVI, ACF, ACFB, ACORDE, Actuar Caldas, Actuar Tolima, ADICH, ADIM, ADRI, AFK,AFODENIC, AFS, Aggar, Agrocapital, Agroinvestbank, AGUDESA, Ahantaman RB, Akuapem RB,Al Awael, Al Karama, Al Majmoua, Alidé, Alternativa, Alteya, Alwatani, AMA, AMC, AMC de R.L.,Ameen, AMEXTRA, AMOS, APGA, APROS, Aqroinvest, ARDPAS, Arnur Credit, ASALA, ASDIR,ASEI, ASP Financiera, ASTI, Atlantic Capital Partners, Atwima Kwanwoma RB, AUGE, Aurora,AVFS, Azal, Azercredit, Azeri Star, BAI, Banco Da Familia, Banco Santiago de Libon, BangkoKabayan, Bangko Mabuhay, Bank Eskhata, Bank of Ormoc, BASTOB, BCB, Benefit, Bereke, BESA,BIMAS, Binhminh CDC, BOM, BPR AK, BPR AM, BPR AN, BPR Anug, BPR BCS, BPR Bumi, BPREka Ayu, BPR Eka Usaha, BPR NSI, BPR PKT, BPR WRD, BRAC - TZA, BRAC - UGA, BTFF, BZMF,CACMU, CACPE Yantzaza, CAFASA, CAPA, CAPPED, CBMO, CDRO, CEADe, CECA, CEF, CEPESIU,CETZAM, CFE, CHC-Limited, CMEDFI, COAC Acción Rural, COAC Artesanos, COAC Chone, COACFondvida, COAC Kullki Wasi, COAC Luz del Valle, COAC MCCH, COAC Sac Aiet, COAC San José,COAC Santa Anita, COCDEP, Conserva, Contactar, Coop 20 de Abril, COOP Fátima, Coop JuanXXIII, COOPAC San Martín, COOPAC Santo Cristo, CRAC Los Andes, Crece Safsa, CredAgroNBCO, Credicoop, CREDIMUJER, Credit Mongol, CREDO, Crystal Fund, CVECA Kita/Bafoulabé,CZWSDA, Daulet, Dayaq-Credit, DEMOS SLC, Despacho Amador, DESPENO, DINARI, Dire,DJOMEC, Doveriye - Amursk, Duterimbere, Eb-F, ECLOF - ARM, ECLOF - PHL, EDAPROSPO,EDPYME Crear Tacna, EDPYME Nueva Visión, Elet-Capital, Emprender, Espacios Alternativos,Eurekasoli, FADEMYPE, FAPE, Fassil FFP, FATEN, Faulu - TZA, FCC, FDM, FECECAV, FFECC, FiasemanRB, FICO, FIDERPAC, FIE Gran Poder, FINCA - ARM, FINCA - HTI, FINCA - KOS, FINCA - PER, FINCA- RUS, FINCA - TJK, FINCA - UZB, FINCORP, FinDev, First Allied, First Macro Bank, FMFB - TJK,FODEM, FODEMI, FOMIC, FONCRESOL, FONDESOL, Fondespoir, FONDESURCO, Forjadores,Fortaleza FFP, FOVIDA, Friendship Bridge - GTM, FRP, FUDEMI, FULM, FUNBODEM, FundaciónAdelante, Fundación Alternativa, Fundación Campo, Fundación León 2000, Fundación Micros,Fundación Mujer, Fundación San Miguel, FUNDAMIC, FUNDECOCA, FUNDEPYME, FUNDESPE,FUNHAVI, FUNSALDE, Gasha, Génesiss, Harubu, Hekima, Hermandad de Honduras, Hluvuku,HOPE, Horizon, Horizonti, ICC Blusol, IDEPRO, IDESI La Libertad, IDESI Lambayeque, Imkoniyat,IMPRO, INMAA, INSOTEC, Intellekt, IPR, Jemeni, JOVID, Juaben RB, KAMURJ, Kasagana-Ka, KEP,KosInvest, KRK Ltd, Kuyasa, KVK, LAM, LIDER, LPD Ambengan, LPD Asahduren, LPD BayungGede, LPD Bedha, LPD Buahan, LPD Celuk, LPD Intaran, LPD Ketewel, LPD Kukuh, LPD Kuta, LPDPanjer, LPD Pecatu, LPD Sibetan, LPD Ubung, MADRAC, MAFF, Maxima, MCN, MDF, MDSL, MECFEPRODES, MECREF, MEDF, MED-Net, MEMCO, Metemamen, MicroFins, Microinvest, Microserfin,MIDE, Mikro ALDI, Mikrofond, MikroMaliyye Credit, MLF HUMO, MLF MicroInvest, MoFAD, MorisRasik, Moznosti, MPGBB, Nachala, New RB of Victorias, NMFB, NOA, Normicro, NovoBanco - ANG,Obereg - Perm, OBS, OIBM, OI-WEDCO, OLC, OMRO, Oportunidad Microfinanzas, Otiv Diana,OXUS - AFG, OXUS - TJK, PADECOMSM, PAIDEK, Parwaz, PASED, PATRA Hunchun, PATRA Yanbian,PILARH, PNG Microfinance Ltd, PRESTANIC, PRIDE - MWI, PRIDE - ZAM, ProCaja, ProCredit Bank- DRC, ProCredit Bank - GHA, RB Camalig, RB Capalonga, RB Datu Paglas, RB Digos, RB Lebak, RBLoon, RB Mabitac, RB Oroquieta, RB Solano, RB Sto. Tomas, RML, Rost, Rozgar, SAILD, SBDF, SBS,SEAP, SEF-ARM, Seilanithih, SemiSol, Serviamus, SEYAMFI, SINERGIJA, SIPEM, SISDO, Sodeistviye -Pyatigorsk, Sodeistviye - Smolensk, Sodruzhestvo, South Akim RB, Soyuz, SPBD, SPGBB, Sunduq,Swadhaar, Tchuma, TCVM Thanh Hoa, TFS, TIAVO, UC Umutanguha, UCADE Ambato, UCADEGuaranda, UCADE Latacunga, UCADE Santo Domingo, USTOI, Valiant RB, VEF, Viator, VRFSBS,WAGES, WKP, WOCCU - AFG, Women for Women, YAMIDA.173 30 109 34 ABWA, ACEP Sénégal, ACME, Actuar Antioquia, ADMIC, ADRA - PER, AgroInvest, Akiba, AlTadamun, ALSOL, AMSSF/MC, APED, Apoyo Integral, Arariwa, ARDI, AREGAK, ASA Philippines,Asasah, ASC Union, ASEA, ASHI, Asociación Raiz, Asomi, ATEMEXPA, AYNLA, BG, BRAC - LKA, CajaNor Perú, Cantilan Bank, Caritas, CBB, CDS, CEAPE Maranhão, CEB, CEOSS, CEPRODEL, CEVI, CFPA,CMAC Del Santa, CMAC Maynas, CMAC Paita, CMAC Tacna, CML, COAC Jardín Azuayo, COACJEP, COAC Mushuc Runa, CODESARROLLO, Constanta, COOPROGRESO, CREDIT, CReSA, Crysol,CSC, CUMO, DAMEN, DD Bank, DEC, DEF, DIMAN, D-miro, Ecofuturo FFP, EDPYME Alternativa,EDPYME Crear Arequipa, EDPYME Proempresa, EKI, EKPA, ENLACE, Eshet, FADES, FAFIDESS, Faulu- UGA, FCBFI, FED, FINCA - AFG, FINCA - DRC, FINCA - GEO, FINCA - GTM, FINCA - HND, FINCA- MWI, FINCA - NIC, FINCA - ZAM, FINSOL, FMC, FMF, FMFB - AFG, Fonkoze, FORUS, FRAC, FUCEC,Fundación Espoir, Fundación Nieborowski, Fundación Paraguaya, FUNDAHMICRO, FUNDEA,FUNDENUSE, FUNDESER, Fundusz Mikro, FUNED, FYMA, GRAINE sarl, HKL, Hofokam, IASC,IDDA, IMON, Janalakshmi, JMCC, KADET, Kazama Grameen, KCCDFI, KLF, Kompanion, KondoJigima, LOKmicro, Mallig Plains RB, Manuela Ramos, MBK Ventura, MCF - SYR, MFBA, MFW,MI-BOSPO, Microempresas Antioquia, MIKRA, Mikrofin, Milamdec, Miselini, NMF, NovoBanco- MOZ, Nyèsigiso, OBM, ODEF, OMB, PALFSI, PEACE, POMFB, PRISMA, Prizma, ProCredit Bank- ALB, ProCredit Bank - MDA, ProCredit Bank - MKD, ProCredit Bank - ROM, PRODESA, ProMujer- MEX, ProMujer - NIC, PSHM, RB Talisayan, SAFWCO, SBACD, SEDA, SFPI, SMEP, SMSS, SOCREMO,SOGESOL, Solfi, Sonata, Soro Yiriwaso, Sunrise, TLM, TMFB, TYM, UCEC/MK, U-IMCEC, Ujjivan,UNICECAM, UNRWA, UPI, Urwego, U-Trust, Vital Finance, Wasasa, World Relief - HND, WWI - AFG.60Microfinance Information eXchange, Inc

MICROBANKING BULLETIN, ISSUE 15, AUTUMN 2007BULLETIN TABLESDATA QUALITY †PEER GROUP N *** ** * PARTICIPATING INSTITUTIONSOutreach: Large(Number of Borrowers> 30,000)182 45 96 41 1st Valley Bank, ABA, ABCRDM, ABS-CBN, ACBA, ACLEDA, ACODEP, ACSI, Adhikar, ADOPEM, AiylBank, Al Amana, AMK, AML, AMRET, ARMP, ASA, ASKI, Banco Ademi, Banco del Trabajo, BancoPopular, Banco Solidario, BancoEstado, BancoSol, BanDesarrollo Microempresas, Bandhan,BanGente, BASIX, BCSC, BEES, BFL, BISWA, BRAC, BRAC - AFG, BRI, BSS, BURO, Caja Libertad, CajaPopular Mexicana, CamCCUL, CAME, Capitec Bank, CARD Bank, CARD NGO, Cashpor MC, CCA,CCT, Centenary Bank, CEP, CMAC Arequipa, CMAC Cusco, CMAC Huancayo, CMAC Ica, CMACSullana, CMAC Trujillo, CMM Bogotá, CMM Medellín, CMS, Compartamos, Coop Universitaria,CRECER, Credi Fe, CrediAmigo, DBACD, DECSI, Diaconia, EDPYME Confianza, EDPYME Edyficar,EDPYME Efectiva, Enda, Equity Bank, ESAF, ESED, FAMA, FBPMC, FDL, FECECAM, FIE FFP,FIELCO, FinAmérica, Financiera Familiar, Financiera Independencia, FINCA - AZE, FINCA - ECU,FINCA - MEX, FINCA - TZA, FINCA - UGA, FinComún, FINDESA, FMCC, FMFB - Pakistan, FMMBucaramanga, FMM Popayán, FMSD, FONDEP, GBNB, Génesis Empresarial, GK, Grameen Bank,Green Bank, GU, GV, HEED, IDF, INECO, Interfisa, Jagorani Chakra Foundation, Kafo Jiginew,KAS, Kashf, KBSLAB, Khan Bank, Khushhali Bank, KMB, KMBI, Kotalipara, K-Rep, Krushi, KWFT,LAPO, Lead Foundation, Life Bank, Mahasemam - SMILE, MFI, MGBB, MiBanco, Nirdhan, NWTF,OI-SASL, OMO, Oriencoop, PADME, PAMECAS, Partner, PGBB, Prasac, PRIDE - TZA, ProCreditBank - BGR, ProCredit Bank - BIH, ProCredit Bank - BOL, ProCredit Bank - ECU, ProCredit Bank- GEO, ProCredit Bank - KOS, ProCredit Bank - NIC, ProCredit Bank - SLV, ProCredit Bank - SRB,ProCredit Bank - UKR, PRODEM FFP, ProMujer - BOL, ProMujer - PER, RCPB, RDRS, Saadhana,Sabaragamuwa, Sanghamithra, Sarvodaya Nano Finance, SAT, SB Bank, SDBL, SEEDS, SEF-ZAF,Shakti, SHARE, SKDRDP, SKS, SMS, Spandana, SWAWS, TMSS, TPC, TSKI, TSPI, UDDIPAN, UML, VBSP,VFC, Visión de Finanzas, VWS, Wisdom, WWB Cali, XacBank, Zakoura.Profit Status: Profit 237 43 149 45 1st Valley Bank, ACBA, ACCOVI, ACLEDA, ACSI, ADOPEM, Aggar, AgroInvest, Agroinvestbank,Ahantaman RB, Akiba, Akuapem RB, AMC de R.L., Ameen, AMK, AML, AMRET, Apoyo Integral,AREGAK, Arnur Credit, ASEA, ASP Financiera, Atlantic Capital Partners, Atwima KwanwomaRB, AVFS, Banco Ademi, Banco del Trabajo, Banco Popular, Banco Santiago de Libon, BancoSolidario, BancoEstado, BancoSol, BanDesarrollo Microempresas, BanGente, Bangko Kabayan,Bangko Mabuhay, Bank Eskhata, Bank of Ormoc, BASIX, BCB, BCSC, BFL, BG, BOM, BPR AK, BPRAM, BPR AN, BPR Anug, BPR BCS, BPR Bumi, BPR Eka Ayu, BPR Eka Usaha, BPR NSI, BPR PKT, BPRWRD, BRI, CAFASA, Caja Nor Perú, Cantilan Bank, Capitec Bank, CARD Bank, CBB, CBMO, CCA,CDS, CEB, Centenary Bank, CETZAM, CFE, CHC-Limited, CML, Compartamos, CRAC Los Andes,Crece Safsa, Credi Fe, CrediAmigo, CREDIT, Credit Mongol, DD Bank, DECSI, Despacho Amador,DESPENO, Dire, Duterimbere, Ecofuturo FFP, EDPYME Alternativa, EDPYME Confianza, EDPYMECrear Arequipa, EDPYME Crear Tacna, EDPYME Edyficar, EDPYME Efectiva, EDPYME Nueva Visión,EDPYME Proempresa, Elet-Capital, ENLACE, Equity Bank, Eshet, Eurekasoli, FAMA, Fassil FFP,Faulu - UGA, Fiaseman RB, FICO, FIE FFP, FIE Gran Poder, FIELCO, FinAmérica, Financiera Familiar,Financiera Independencia, FINCA - ECU, FINCA - RUS, FINCA - TJK, FINCA - UGA, FINCA - ZAM,FinComún, FINCORP, FINDESA, FINSOL, First Allied, First Macro Bank, FMC, FMFB - AFG, FMFB- Pakistan, FMFB - TJK, Forjadores, Fortaleza FFP, FORUS, Gasha, GBNB, GRAINE sarl, GrameenBank, Green Bank, Harubu, IMON, INECO, Interfisa, IPR, JOVID, Juaben RB, KADET, KBSLAB, KhanBank, Khushhali Bank, KMB, K-Rep, LAM, Mahasemam - SMILE, Mallig Plains RB, MCN, MDSL,Metemamen, MFBA, MGBB, MiBanco, Microinvest, Microserfin, Mikrofond, MPGBB, New RB ofVictorias, Nirdhan, NMFB, NovoBanco - ANG, NovoBanco - MOZ, OBM, OBS, OIBM, OI-SASL, OI-WEDCO, OMB, OMO, Oportunidad Microfinanzas, OXUS - TJK, PEACE, PGBB, PNG MicrofinanceLtd, POMFB, ProCredit Bank - ALB, ProCredit Bank - BGR, ProCredit Bank - BIH, ProCredit Bank- BOL, ProCredit Bank - DRC, ProCredit Bank - ECU, ProCredit Bank - GEO, ProCredit Bank- GHA, ProCredit Bank - KOS, ProCredit Bank - MDA, ProCredit Bank - MKD, ProCredit Bank- NIC, ProCredit Bank - ROM, ProCredit Bank - SLV, ProCredit Bank - SRB, ProCredit Bank - UKR,PRODEM FFP, RB Camalig, RB Capalonga, RB Datu Paglas, RB Digos, RB Lebak, RB Loon, RBMabitac, RB Oroquieta, RB Solano, RB Sto. Tomas, RB Talisayan, RML, Rozgar, Sabaragamuwa,Sarvodaya Nano Finance, SB Bank, SDBL, SEF-ARM, SemiSol, SEYAMFI, SFPI, SHARE, SIPEM, SKS,SOCREMO, SOGESOL, Solfi, Sonata, South Akim RB, Spandana, SPGBB, TFS, TMFB, TPC, Ujjivan,UML, UPI, U-Trust, Valiant RB, VFC, Visión de Finanzas, Wasasa, Wisdom, XacBank.Microfinance Information eXchange, Inc61

BULLETIN TABLESMICROBANKING BULLETIN, ISSUE 15, AUTUMN 2007DATA QUALITY †PEER GROUP N *** ** * PARTICIPATING INSTITUTIONSProfit Status: Not for Profit 467 57 276 134 ABA, ABCRDM, ABS-CBN, ABWA, ACAD, ACEP Sénégal, ACF, ACFB, ACME, ACODEP, ACORDE,Actuar Antioquia, Actuar Caldas, Actuar Tolima, Adhikar, ADICH, ADIM, ADMIC, ADRA - PER,ADRI, AFK, AFODENIC, AFS, Agrocapital, AGUDESA, Aiyl Bank, Al Amana, Al Awael, Al Karama,Al Majmoua, Al Tadamun, Alidé, ALSOL, Alternativa, Alteya, Alwatani, AMA, AMC, AMEXTRA,AMOS, AMSSF/MC, APED, APGA, APROS, Aqroinvest, Arariwa, ARDI, ARDPAS, ARMP, ASA, ASAPhilippines, ASALA, Asasah, ASC Union, ASDIR, ASEI, ASHI, ASKI, Asociación Raiz, Asomi, ASTI,ATEMEXPA, AUGE, Aurora, AYNLA, Azal, Azercredit, Azeri Star, BAI, Banco Da Familia, Bandhan,BASTOB, BEES, Benefit, Bereke, BESA, BIMAS, Binhminh CDC, BISWA, BRAC, BRAC - AFG, BRAC- LKA, BRAC - TZA, BRAC - UGA, BSS, BTFF, BURO, BZMF, CACMU, CACPE Yantzaza, Caja Libertad,Caja Popular Mexicana, CamCCUL, CAME, CAPA, CAPPED, CARD NGO, Caritas, Cashpor MC, CCT,CDRO, CEADe, CEAPE Maranhão, CECA, CEF, CEOSS, CEP, CEPESIU, CEPRODEL, CEVI, CFPA, CMACArequipa, CMAC Cusco, CMAC Del Santa, CMAC Huancayo, CMAC Ica, CMAC Maynas, CMACPaita, CMAC Sullana, CMAC Tacna, CMAC Trujillo, CMEDFI, CMM Bogotá, CMM Medellín, CMS,COAC Acción Rural, COAC Artesanos, COAC Chone, COAC Fondvida, COAC Jardín Azuayo, COACJEP, COAC Kullki Wasi, COAC Luz del Valle, COAC MCCH, COAC Mushuc Runa, COAC Sac Aiet,COAC San José, COAC Santa Anita, COCDEP, CODESARROLLO, Conserva, Constanta, Contactar,Coop 20 de Abril, COOP Fátima, Coop Juan XXIII, Coop Universitaria, COOPAC San Martín,COOPAC Santo Cristo, COOPROGRESO, CRECER, CredAgro NBCO, Credicoop, CREDIMUJER,CREDO, CReSA, Crysol, Crystal Fund, CSC, CUMO, CVECA Kita/Bafoulabé, CZWSDA, DAMEN,Daulet, Dayaq-Credit, DBACD, DEC, DEF, DEMOS SLC, Diaconia, DIMAN, DINARI, DJOMEC, D-miro, Doveriye - Amursk, Eb-F, ECLOF - ARM, ECLOF - PHL, EDAPROSPO, EKI, EKPA, Emprender,Enda, ESAF, ESED, Espacios Alternativos, FADEMYPE, FADES, FAFIDESS, FAPE, FATEN, Faulu - TZA,FBPMC, FCBFI, FCC, FDL, FDM, FECECAM, FECECAV, FED, FFECC, FIDERPAC, FINCA - AFG, FINCA- ARM, FINCA - AZE, FINCA - DRC, FINCA - GEO, FINCA - GTM, FINCA - HND, FINCA - HTI, FINCA- KOS, FINCA - MEX, FINCA - MWI, FINCA - NIC, FINCA - PER, FINCA - TZA, FINCA - UZB, FinDev,FMCC, FMF, FMM Bucaramanga, FMM Popayán, FMSD, FODEM, FODEMI, FOMIC, FONCRESOL,FONDEP, FONDESOL, Fondespoir, FONDESURCO, Fonkoze, FOVIDA, FRAC, Friendship Bridge- GTM, FRP, FUCEC, FUDEMI, FULM, FUNBODEM, Fundación Adelante, Fundación Alternativa,Fundación Campo, Fundación Espoir, Fundación León 2000, Fundación Micros, FundaciónMujer, Fundación Nieborowski, Fundación Paraguaya, Fundación San Miguel, FUNDAHMICRO,FUNDAMIC, FUNDEA, FUNDECOCA, FUNDENUSE, FUNDEPYME, FUNDESER, FUNDESPE, FunduszMikro, FUNED, FUNHAVI, FUNSALDE, FYMA, Génesis Empresarial, Génesiss, GK, GU, GV, HEED,Hekima, Hermandad de Honduras, HKL, Hluvuku, Hofokam, HOPE, Horizon, Horizonti, IASC,ICC Blusol, IDDA, IDEPRO, IDESI La Libertad, IDESI Lambayeque, IDF, Imkoniyat, IMPRO, INMAA,INSOTEC, Intellekt, Jagorani Chakra Foundation, Janalakshmi, Jemeni, JMCC, Kafo Jiginew,KAMURJ, KAS, Kasagana-Ka, Kashf, Kazama Grameen, KCCDFI, KEP, KLF, KMBI, Kompanion, KondoJigima, KosInvest, Kotalipara, KRK Ltd, Krushi, Kuyasa, KVK, KWFT, LAPO, Lead Foundation, LIDER,Life Bank, LOKmicro, LPD Ambengan, LPD Asahduren, LPD Bayung Gede, LPD Bedha, LPDBuahan, LPD Celuk, LPD Intaran, LPD Ketewel, LPD Kukuh, LPD Kuta, LPD Panjer, LPD Pecatu,LPD Sibetan, LPD Ubung, MADRAC, MAFF, Manuela Ramos, Maxima, MBK Ventura, MCF - SYR,MDF, MEC FEPRODES, MECREF, MEDF, MED-Net, MEMCO, MFI, MFW, MI-BOSPO, MicroempresasAntioquia, MicroFins, MIDE, MIKRA, Mikro ALDI, Mikrofin, MikroMaliyye Credit, Milamdec,Miselini, MLF HUMO, MLF MicroInvest, MoFAD, Moris Rasik, Moznosti, Nachala, NMF, NOA,Normicro, NWTF, Nyèsigiso, Obereg - Perm, ODEF, OLC, OMRO, Oriencoop, Otiv Diana, OXUS- AFG, PADECOMSM, PADME, PAIDEK, PALFSI, PAMECAS, Partner, Parwaz, PASED, PATRA Hunchun,PATRA Yanbian, PILARH, Prasac, PRESTANIC, PRIDE - MWI, PRIDE - TZA, PRIDE - ZAM, PRISMA,Prizma, ProCaja, PRODESA, ProMujer - BOL, ProMujer - MEX, ProMujer - NIC, ProMujer - PER,PSHM, RCPB, RDRS, Rost, Saadhana, SAFWCO, SAILD, Sanghamithra, SAT, SBACD, SBDF, SBS, SEAP,SEDA, SEEDS, SEF-ZAF, Seilanithih, Serviamus, Shakti, SINERGIJA, SISDO, SKDRDP, SMEP, SMS,SMSS, Sodeistviye - Pyatigorsk, Sodeistviye - Smolensk, Sodruzhestvo, Soro Yiriwaso, Soyuz,SPBD, Sunduq, Sunrise, Swadhaar, SWAWS, Tchuma, TCVM Thanh Hoa, TIAVO, TLM, TMSS, TSKI,TSPI, TYM, UC Umutanguha, UCADE Ambato, UCADE Guaranda, UCADE Latacunga, UCADESanto Domingo, UCEC/MK, UDDIPAN, U-IMCEC, UNICECAM, UNRWA, Urwego, USTOI, VBSP, VEF,Viator, Vital Finance, VRFSBS, VWS, WAGES, WKP, WOCCU - AFG, Women for Women, World Relief- HND, WWB Cali, WWI - AFG, YAMIDA, Zakoura.Region: Africa(Sub - Saharan Africa)119 1 97 21 ACEP Sénégal, ACFB, ACSI, Aggar, Ahantaman RB, Akiba, Akuapem RB, Alidé, APED, APGA,Atwima Kwanwoma RB, AVFS, BG, BIMAS, BOM, BRAC - TZA, BRAC - UGA, CamCCUL, CapitecBank, CAPPED, CCA, CDS, CECA, Centenary Bank, CETZAM, CFE, CML, CMS, CUMO, CVECA Kita/Bafoulabé, DEC, DECSI, Dire, DJOMEC, Duterimbere, Eb-F, Equity Bank, Eshet, Faulu - TZA, Faulu- UGA, FCC, FDM, FECECAM, FECECAV, Fiaseman RB, FINCA - DRC, FINCA - MWI, FINCA - TZA,FINCA - UGA, FINCA - ZAM, FINCORP, First Allied, FUCEC, Gasha, GRAINE sarl, Harubu, Hekima,Hluvuku, Hofokam, Jemeni, Juaben RB, KADET, Kafo Jiginew, Kondo Jigima, K-Rep, Kuyasa, KWFT,LAPO, MDSL, MEC FEPRODES, MECREF, MED-Net, Metemamen, Miselini, NovoBanco - ANG,NovoBanco - MOZ, Nyèsigiso, OIBM, OI-SASL, OI-WEDCO, OMO, Otiv Diana, PADME, PAIDEK,PAMECAS, PEACE, PRIDE - MWI, PRIDE - TZA, PRIDE - ZAM, ProCredit Bank - DRC, ProCredit Bank -GHA, RCPB, RML, SAILD, SAT, SEAP, SEDA, SEF-ZAF, SEYAMFI, SFPI, SIPEM, SISDO, SMEP, SOCREMO,Soro Yiriwaso, South Akim RB, Tchuma, TIAVO, UC Umutanguha, UCEC/MK, U-IMCEC, UML,UNICECAM, Urwego, U-Trust, Vital Finance, WAGES, Wasasa, Wisdom.62Microfinance Information eXchange, Inc

MICROBANKING BULLETIN, ISSUE 15, AUTUMN 2007BULLETIN TABLESDATA QUALITY †PEER GROUP N *** ** * PARTICIPATING INSTITUTIONSRegion: Asia(South & East Asia)Region: ECA(Eastern Europe & CentralAsia)Region: LAC(Latin America & theCaribbean)194 5 101 88 1st Valley Bank, ABCRDM, ABS-CBN, ACLEDA, Adhikar, AFS, AMK, AML, AMRET, ARDPAS, ARMP,ASA, ASA Philippines, Asasah, ASHI, ASKI, Asomi, Banco Santiago de Libon, Bandhan, BangkoKabayan, Bangko Mabuhay, Bank of Ormoc, BASIX, BASTOB, BCB, BEES, BFL, Binhminh CDC,BISWA, BPR AK, BPR AM, BPR AN, BPR Anug, BPR BCS, BPR Bumi, BPR Eka Ayu, BPR Eka Usaha,BPR NSI, BPR PKT, BPR WRD, BRAC, BRAC - AFG, BRAC - LKA, BRI, BSS, BURO, Cantilan Bank, CARDBank, CARD NGO, Cashpor MC, CBB, CBMO, CCT, CEB, CEP, CEVI, CFPA, CHC-Limited, CMEDFI,CREDIT, CReSA, CSC, CZWSDA, DAMEN, DD Bank, DIMAN, DINARI, ECLOF - PHL, ESAF, FCBFI,FICO, FINCA - AFG, First Macro Bank, FMFB - AFG, FMFB - Pakistan, GBNB, GK, Grameen Bank,Green Bank, GU, GV, HEED, HKL, IASC, IDF, IPR, Jagorani Chakra Foundation, Janalakshmi, KAS,Kasagana-Ka, Kashf, Kazama Grameen, KBSLAB, KCCDFI, Khushhali Bank, KMBI, Kotalipara,Krushi, Life Bank, LPD Ambengan, LPD Asahduren, LPD Bayung Gede, LPD Bedha, LPD Buahan,LPD Celuk, LPD Intaran, LPD Ketewel, LPD Kukuh, LPD Kuta, LPD Panjer, LPD Pecatu, LPD Sibetan,LPD Ubung, MADRAC, Mahasemam - SMILE, Mallig Plains RB, Maxima, MBK Ventura, MEDF,MFI, MGBB, Milamdec, MoFAD, Moris Rasik, MPGBB, New RB of Victorias, Nirdhan, NMFB, NWTF,OMB, OXUS - AFG, PALFSI, Parwaz, PATRA Hunchun, PATRA Yanbian, PGBB, PNG MicrofinanceLtd, POMFB, Prasac, RB Camalig, RB Capalonga, RB Datu Paglas, RB Digos, RB Lebak, RB Loon,RB Mabitac, RB Oroquieta, RB Solano, RB Sto. Tomas, RB Talisayan, RDRS, Rozgar, Saadhana,Sabaragamuwa, SAFWCO, Sanghamithra, Sarvodaya Nano Finance, SB Bank, SDBL, SEEDS,Seilanithih, Serviamus, Shakti, SHARE, SKDRDP, SKS, SMS, SMSS, Sonata, Spandana, SPBD, SPGBB,Sunduq, Swadhaar, SWAWS, TCVM Thanh Hoa, TLM, TMFB, TMSS, TPC, TSKI, TSPI, TYM, UDDIPAN,Ujjivan, Valiant RB, VBSP, VEF, VFC, VWS, WKP, WOCCU - AFG, WWI - AFG, YAMIDA.126 8 95 23 ACBA, ACF, AFK, AgroInvest, Agroinvestbank, Aiyl Bank, Alternativa, Alteya, Aqroinvest, AREGAK,Arnur Credit, ASC Union, ASTI, Atlantic Capital Partners, Aurora, Azercredit, Azeri Star, BAI,Bank Eskhata, Benefit, Bereke, BESA, BTFF, BZMF, CAPA, CEF, Constanta, CredAgro NBCO, CreditMongol, CREDO, Crystal Fund, Daulet, Dayaq-Credit, DEMOS SLC, Doveriye - Amursk, ECLOF- ARM, EKI, EKPA, Elet-Capital, FFECC, FINCA - ARM, FINCA - AZE, FINCA - GEO, FINCA - KOS,FINCA - RUS, FINCA - TJK, FINCA - UZB, FinDev, FMCC, FMFB - TJK, FORUS, FRP, FULM, FunduszMikro, HOPE, Horizon, Horizonti, Imkoniyat, IMON, INECO, Intellekt, JOVID, KAMURJ, KEP, KhanBank, KLF, KMB, Kompanion, KosInvest, KRK Ltd, KVK, LAM, LIDER, LOKmicro, MAFF, MDF, MFBA,MI-BOSPO, MicroFins, Microinvest, MIKRA, Mikro ALDI, Mikrofin, Mikrofond, MikroMaliyye Credit,MLF HUMO, MLF MicroInvest, Moznosti, Nachala, NOA, Normicro, Obereg - Perm, OBM, OBS,OMRO, OXUS - TJK, Partner, Prizma, ProCredit Bank - ALB, ProCredit Bank - BGR, ProCredit Bank- BIH, ProCredit Bank - GEO, ProCredit Bank - KOS, ProCredit Bank - MDA, ProCredit Bank - MKD,ProCredit Bank - ROM, ProCredit Bank - SRB, ProCredit Bank - UKR, PSHM, Rost, SBDF, SBS, SEF-ARM, SINERGIJA, Sodeistviye - Pyatigorsk, Sodeistviye - Smolensk, Sodruzhestvo, Soyuz, Sunrise,TFS, UPI, USTOI, Viator, VRFSBS, Women for Women, XacBank.228 84 110 34 ACCOVI, ACME, ACODEP, ACORDE, Actuar Antioquia, Actuar Caldas, Actuar Tolima, ADICH, ADIM,ADMIC, ADOPEM, ADRA - PER, ADRI, AFODENIC, Agrocapital, AGUDESA, ALSOL, AMA, AMCde R.L., AMEXTRA, Apoyo Integral, APROS, Arariwa, ASDIR, ASEA, ASEI, Asociación Raiz, ASPFinanciera, ATEMEXPA, AUGE, AYNLA, Banco Ademi, Banco Da Familia, Banco del Trabajo, BancoPopular, Banco Solidario, BancoEstado, BancoSol, BanDesarrollo Microempresas, BanGente,BCSC, CACMU, CACPE Yantzaza, CAFASA, Caja Libertad, Caja Nor Perú, Caja Popular Mexicana,CAME, Caritas, CDRO, CEADe, CEAPE Maranhão, CEPESIU, CEPRODEL, CMAC Arequipa, CMACCusco, CMAC Del Santa, CMAC Huancayo, CMAC Ica, CMAC Maynas, CMAC Paita, CMAC Sullana,CMAC Tacna, CMAC Trujillo, CMM Bogotá, CMM Medellín, COAC Acción Rural, COAC Artesanos,COAC Chone, COAC Fondvida, COAC Jardín Azuayo, COAC JEP, COAC Kullki Wasi, COAC Luzdel Valle, COAC MCCH, COAC Mushuc Runa, COAC Sac Aiet, COAC San José, COAC Santa Anita,COCDEP, CODESARROLLO, Compartamos, Conserva, Contactar, Coop 20 de Abril, COOP Fátima,Coop Juan XXIII, Coop Universitaria, COOPAC San Martín, COOPAC Santo Cristo, COOPROGRESO,CRAC Los Andes, Crece Safsa, CRECER, Credi Fe, CrediAmigo, Credicoop, CREDIMUJER,Crysol, Despacho Amador, DESPENO, Diaconia, D-miro, Ecofuturo FFP, EDAPROSPO, EDPYMEAlternativa, EDPYME Confianza, EDPYME Crear Arequipa, EDPYME Crear Tacna, EDPYMEEdyficar, EDPYME Efectiva, EDPYME Nueva Visión, EDPYME Proempresa, Emprender, ENLACE,Espacios Alternativos, Eurekasoli, FADEMYPE, FADES, FAFIDESS, FAMA, FAPE, Fassil FFP, FDL,FED, FIDERPAC, FIE FFP, FIE Gran Poder, FIELCO, FinAmérica, Financiera Familiar, FinancieraIndependencia, FINCA - ECU, FINCA - GTM, FINCA - HND, FINCA - HTI, FINCA - MEX, FINCA- NIC, FINCA - PER, FinComún, FINDESA, FINSOL, FMC, FMM Bucaramanga, FMM Popayán,FMSD, FODEM, FODEMI, FOMIC, FONCRESOL, FONDESOL, Fondespoir, FONDESURCO, Fonkoze,Forjadores, Fortaleza FFP, FOVIDA, FRAC, Friendship Bridge - GTM, FUDEMI, FUNBODEM,Fundación Adelante, Fundación Alternativa, Fundación Campo, Fundación Espoir, FundaciónLeón 2000, Fundación Micros, Fundación Mujer, Fundación Nieborowski, Fundación Paraguaya,Fundación San Miguel, FUNDAHMICRO, FUNDAMIC, FUNDEA, FUNDECOCA, FUNDENUSE,FUNDEPYME, FUNDESER, FUNDESPE, FUNED, FUNHAVI, FUNSALDE, FYMA, Génesis Empresarial,Génesiss, Hermandad de Honduras, ICC Blusol, IDEPRO, IDESI La Libertad, IDESI Lambayeque,IMPRO, INSOTEC, Interfisa, Manuela Ramos, MCN, MiBanco, Microempresas Antioquia,Microserfin, MIDE, ODEF, OLC, Oportunidad Microfinanzas, Oriencoop, PADECOMSM, PILARH,PRESTANIC, PRISMA, ProCaja, ProCredit Bank - BOL, ProCredit Bank - ECU, ProCredit Bank - NIC,ProCredit Bank - SLV, PRODEM FFP, PRODESA, ProMujer - BOL, ProMujer - MEX, ProMujer - NIC,ProMujer - PER, SemiSol, SOGESOL, Solfi, UCADE Ambato, UCADE Guaranda, UCADE Latacunga,UCADE Santo Domingo, Visión de Finanzas, World Relief - HND, WWB Cali.Microfinance Information eXchange, Inc63

BULLETIN TABLESMICROBANKING BULLETIN, ISSUE 15, AUTUMN 2007DATA QUALITY †PEER GROUP N *** ** * PARTICIPATING INSTITUTIONSRegion: MENA(Middle East & North Africa)Scale: Small(GLP in USD, LAC < 4,000,000;Others < 2,000,000)Scale: Medium(GLP in USD,LAC ≥ 4,000,000 and≤ 15,000,000;Others ≥ 2,000,000 and≤ 8,000,000)37 2 22 13 ABA, ABWA, ACAD, Al Amana, Al Awael, Al Karama, Al Majmoua, Al Tadamun, Alwatani, AMC,Ameen, AMOS, AMSSF/MC, ARDI, ASALA, Azal, CEOSS, DBACD, DEF, Enda, ESED, FATEN, FBPMC,FMF, FONDEP, IDDA, INMAA, JMCC, Lead Foundation, MCF - SYR, MEMCO, MFW, NMF, PASED,SBACD, UNRWA, Zakoura.258 11 159 88 ABWA, ACFB, Actuar Caldas, Actuar Tolima, ADICH, ADIM, ADRA - PER, AFODENIC, AFS, Aggar,AGUDESA, Akuapem RB, Al Awael, Al Karama, Alidé, ALSOL, Alternativa, Alteya, AMA, AMEXTRA,AMOS, APED, APGA, APROS, Aqroinvest, Arariwa, ASALA, ASDIR, ASEI, ASHI, ASTI, ATEMEXPA,Atlantic Capital Partners, AUGE, Aurora, AVFS, AYNLA, Azal, Azeri Star, BAI, Banco Da Familia,Banco Santiago de Libon, Bank of Ormoc, BASTOB, Bereke, BG, BIMAS, Binhminh CDC, BOM,BPR AM, BPR AN, BPR Anug, BPR BCS, BPR Bumi, BPR Eka Ayu, BPR Eka Usaha, BPR NSI, BPRWRD, BRAC - TZA, BRAC - UGA, CACMU, CACPE Yantzaza, CAFASA, CAPPED, CDRO, CEADe, CECA,CEPESIU, CETZAM, CEVI, CFE, CHC-Limited, CMEDFI, COAC Acción Rural, COAC Artesanos, COACFondvida, COAC Kullki Wasi, COAC Santa Anita, COCDEP, Conserva, CREDIMUJER, Crystal Fund,CSC, CUMO, CVECA Kita/Bafoulabé, CZWSDA, Daulet, Dayaq-Credit, DEC, DESPENO, DIMAN,DINARI, Dire, DJOMEC, Duterimbere, Eb-F, ECLOF - ARM, ECLOF - PHL, EDAPROSPO, Elet-Capital,Emprender, Espacios Alternativos, FADEMYPE, FAPE, Faulu - TZA, FCBFI, FCC, FDM, FECECAV,Fiaseman RB, FIDERPAC, FINCA - GTM, FINCA - HTI, FINCA - MWI, FINCA - PER, FINCA - UZB,FINCA - ZAM, FMF, FOMIC, FONCRESOL, FONDESOL, Fondespoir, FONDESURCO, Forjadores,FOVIDA, FRAC, Friendship Bridge - GTM, FUDEMI, Fundación Adelante, Fundación Alternativa,Fundación Campo, Fundación Micros, Fundación Mujer, Fundación San Miguel, FUNDAHMICRO,FUNDAMIC, FUNDECOCA, FUNDEPYME, FUNDESPE, FUNHAVI, FUNSALDE, Gasha, Génesiss,GRAINE sarl, Harubu, Hekima, Hluvuku, Hofokam, Horizon, Horizonti, IDDA, IDEPRO, IDESI LaLibertad, IDESI Lambayeque, Imkoniyat, IMPRO, INMAA, INSOTEC, Intellekt, IPR, JOVID, Kasagana-Ka, KCCDFI, KosInvest, Kuyasa, KVK, LPD Ambengan, LPD Asahduren, LPD Bayung Gede, LPDBedha, LPD Buahan, LPD Celuk, LPD Ketewel, LPD Kukuh, LPD Panjer, LPD Sibetan, LPD Ubung,MADRAC, Manuela Ramos, Maxima, MBK Ventura, MDSL, MEC FEPRODES, MECREF, MEDF,MED-Net, Metemamen, MIDE, Milamdec, MLF HUMO, MoFAD, Moris Rasik, MPGBB, New RB ofVictorias, NMF, NMFB, OI-WEDCO, OLC, Oportunidad Microfinanzas, Otiv Diana, OXUS - AFG,OXUS - TJK, PADECOMSM, PAIDEK, Parwaz, PASED, PATRA Hunchun, PATRA Yanbian, PILARH,POMFB, PRIDE - MWI, PRIDE - ZAM, ProCaja, ProMujer - NIC, RB Capalonga, RB Datu Paglas,RB Lebak, RB Loon, RB Sto. Tomas, RML, Rozgar, SAFWCO, SAILD, SBDF, SBS, SEAP, Seilanithih,SemiSol, Serviamus, SEYAMFI, SIPEM, Sodruzhestvo, Solfi, Sonata, Soro Yiriwaso, Soyuz, SPBD,SPGBB, Sunduq, Swadhaar, TCVM Thanh Hoa, TFS, TIAVO, TLM, UC Umutanguha, UCADE Ambato,UCADE Guaranda, UCADE Latacunga, UCADE Santo Domingo, Ujjivan, Urwego, USTOI, VEF,VRFSBS, WKP, WOCCU - AFG, WWI - AFG, YAMIDA.216 29 132 55 ABCRDM, ABS-CBN, ACAD, ACF, ACME, Adhikar, ADMIC, ADRI, AFK, Ahantaman RB, Al Majmoua,Al Tadamun, Alwatani, AMC, AMC de R.L., Ameen, AMK, AMSSF/MC, ARDI, ARDPAS, Arnur Credit,ASA Philippines, Asasah, ASEA, ASKI, Asomi, ASP Financiera, Azercredit, Bangko Mabuhay, BCB,BEES, BPR AK, BPR PKT, BRAC - LKA, BZMF, CAME, Cantilan Bank, CARD Bank, Caritas, CBB, CBMO,CCT, CEAPE Maranhão, CEF, CEOSS, CEPRODEL, CFPA, COAC Chone, COAC Luz del Valle, COACMCCH, COAC Sac Aiet, COAC San José, Contactar, Coop 20 de Abril, Coop Juan XXIII, COOPACSan Martín, COOPAC Santo Cristo, CRAC Los Andes, Crece Safsa, Credicoop, CREDIT, CreditMongol, CREDO, CReSA, Crysol, DAMEN, DD Bank, DEMOS SLC, Despacho Amador, Diaconia, D-miro, Doveriye - Amursk, EDPYME Alternativa, EDPYME Crear Tacna, EDPYME Efectiva, EDPYMENueva Visión, ENLACE, Eshet, Eurekasoli, FAFIDESS, Fassil FFP, FATEN, Faulu - UGA, FED, FFECC,FIE Gran Poder, FINCA - AFG, FINCA - ARM, FINCA - DRC, FINCA - HND, FINCA - NIC, FINCA - TJK,FINCA - TZA, FinDev, First Macro Bank, FMC, FMFB - TJK, FMSD, FODEM, FODEMI, Fonkoze, FRP,FULM, FUNBODEM, Fundación Espoir, Fundación León 2000, Fundación Paraguaya, FUNDEA,FUNDENUSE, FUNDESER, FUNED, FYMA, GU, HEED, Hermandad de Honduras, HKL, HOPE, IASC,ICC Blusol, IDF, IMON, Janalakshmi, Juaben RB, KADET, KAMURJ, Kazama Grameen, KBSLAB,KMBI, Kompanion, Kondo Jigima, Kotalipara, Krushi, LAM, LAPO, Lead Foundation, LIDER, LifeBank, LPD Intaran, LPD Pecatu, Mallig Plains RB, MCN, MDF, MEMCO, MGBB, MicroempresasAntioquia, MicroFins, Microinvest, Microserfin, Mikro ALDI, Mikrofond, MikroMaliyye Credit,Miselini, MLF MicroInvest, Nachala, Nirdhan, NOA, Normicro, NovoBanco - ANG, NWTF, Obereg- Perm, ODEF, OIBM, OMB, PALFSI, PEACE, PGBB, PNG Microfinance Ltd, PRESTANIC, PRISMA,ProCredit Bank - DRC, PRODESA, ProMujer - BOL, ProMujer - MEX, ProMujer - PER, RB Camalig, RBDigos, RB Mabitac, RB Oroquieta, RB Solano, RB Talisayan, Rost, Saadhana, Sanghamithra, SAT, SBBank, SBACD, SEDA, SEF-ARM, SEF-ZAF, SFPI, SISDO, SMEP, SMS, SMSS, Sodeistviye - Pyatigorsk,Sodeistviye - Smolensk, SOGESOL, South Akim RB, Tchuma, TPC, TYM, UCEC/MK, U-IMCEC,UNICECAM, UNRWA, U-Trust, Valiant RB, VFC, Viator, Vital Finance, VWS, WAGES, Wasasa, Wisdom,Women for Women, World Relief - HND.64Microfinance Information eXchange, Inc

MICROBANKING BULLETIN, ISSUE 15, AUTUMN 2007BULLETIN TABLESDATA QUALITY †PEER GROUP N *** ** * PARTICIPATING INSTITUTIONSScale: Large(GLP in USD, LAC> 15,000,000;Others > 8,000,000)Sustainability: FSS(Financial Self-Sufficiency> 100%))Sustainability: Non-FSS(Financial Self-Sufficiency< 100%))Target Market: Low End(Avg. Balance per Borrower/GNI per Capita < 20% andAvg. Balance per Borrower< USD 150)230 60 134 36 1st Valley Bank, ABA, ACBA, ACCOVI, ACEP Sénégal, ACLEDA, ACODEP, ACORDE, ACSI, ActuarAntioquia, ADOPEM, Agrocapital, AgroInvest, Agroinvestbank, Aiyl Bank, Akiba, Al Amana, AML,AMRET, Apoyo Integral, AREGAK, ARMP, ASA, ASC Union, Asociación Raiz, Atwima KwanwomaRB, Banco Ademi, Banco del Trabajo, Banco Popular, Banco Solidario, BancoEstado, BancoSol,BanDesarrollo Microempresas, Bandhan, BanGente, Bangko Kabayan, Bank Eskhata, BASIX,BCSC, Benefit, BESA, BFL, BISWA, BRAC, BRAC - AFG, BRI, BSS, BTFF, BURO, Caja Libertad, CajaNor Perú, Caja Popular Mexicana, CamCCUL, CAPA, Capitec Bank, CARD NGO, Cashpor MC,CCA, CDS, CEB, Centenary Bank, CEP, CMAC Arequipa, CMAC Cusco, CMAC Del Santa, CMACHuancayo, CMAC Ica, CMAC Maynas, CMAC Paita, CMAC Sullana, CMAC Tacna, CMAC Trujillo,CML, CMM Bogotá, CMM Medellín, CMS, COAC Jardín Azuayo, COAC JEP, COAC Mushuc Runa,CODESARROLLO, Compartamos, Constanta, COOP Fátima, Coop Universitaria, COOPROGRESO,CRECER, CredAgro NBCO, Credi Fe, CrediAmigo, DBACD, DECSI, DEF, Ecofuturo FFP, EDPYMEConfianza, EDPYME Crear Arequipa, EDPYME Edyficar, EDPYME Proempresa, EKI, EKPA,Enda, Equity Bank, ESAF, ESED, FADES, FAMA, FBPMC, FDL, FECECAM, FICO, FIE FFP, FIELCO,FinAmérica, Financiera Familiar, Financiera Independencia, FINCA - AZE, FINCA - ECU, FINCA- GEO, FINCA - KOS, FINCA - MEX, FINCA - RUS, FINCA - UGA, FinComún, FINCORP, FINDESA,FINSOL, First Allied, FMCC, FMFB - AFG, FMFB - Pakistan, FMM Bucaramanga, FMM Popayán,FONDEP, Fortaleza FFP, FORUS, FUCEC, Fundación Nieborowski, Fundusz Mikro, GBNB, GénesisEmpresarial, GK, Grameen Bank, Green Bank, GV, INECO, Interfisa, Jagorani Chakra Foundation,Jemeni, JMCC, Kafo Jiginew, KAS, Kashf, KEP, Khan Bank, Khushhali Bank, KLF, KMB, K-Rep,KRK Ltd, KWFT, LOKmicro, LPD Kuta, MAFF, Mahasemam - SMILE, MCF - SYR, MFBA, MFI, MFW,MiBanco, MI-BOSPO, MIKRA, Mikrofin, Moznosti, NovoBanco - MOZ, Nyèsigiso, OBM, OBS, OI-SASL, OMO, OMRO, Oriencoop, PADME, PAMECAS, Partner, Prasac, PRIDE - TZA, Prizma, ProCreditBank - ALB, ProCredit Bank - BGR, ProCredit Bank - BIH, ProCredit Bank - BOL, ProCredit Bank- ECU, ProCredit Bank - GEO, ProCredit Bank - GHA, ProCredit Bank - KOS, ProCredit Bank- MDA, ProCredit Bank - MKD, ProCredit Bank - NIC, ProCredit Bank - ROM, ProCredit Bank - SLV,ProCredit Bank - SRB, ProCredit Bank - UKR, PRODEM FFP, PSHM, RCPB, RDRS, Sabaragamuwa,Sarvodaya Nano Finance, SDBL, SEEDS, Shakti, SHARE, SINERGIJA, SKDRDP, SKS, SOCREMO,Spandana, Sunrise, SWAWS, TMFB, TMSS, TSKI, TSPI, UDDIPAN, UML, UPI, VBSP, Visión de Finanzas,WWB Cali, XacBank, Zakoura.415 89 225 101 [These names are held confidential]289 11 200 78 [These names are held confidential]267 21 152 94 ABCRDM, ABS-CBN, ABWA, ACFB, ACSI, Adhikar, ADICH, ADIM, ADMIC, ADOPEM, ADRA - PER,AFS, AGUDESA, Al Awael, Al Karama, Al Majmoua, Al Tadamun, ALSOL, Alteya, AMA, Ameen,AMEXTRA, AMK, AML, AMOS, AMRET, AMSSF/MC, APED, APROS, Arariwa, ARDI, ASA, ASAPhilippines, Asasah, ASEA, ASEI, ASHI, ASKI, ASP Financiera, ATEMEXPA, AUGE, AVFS, AYNLA,Azal, Azeri Star, Banco Popular, Banco Santiago de Libon, Bandhan, BASTOB, BEES, Bereke, BFL,BG, Binhminh CDC, BISWA, BPR Bumi, BRAC, BRAC - LKA, BRAC - TZA, BRAC - UGA, BSS, BURO,CAFASA, Caja Popular Mexicana, CAME, Capitec Bank, CARD Bank, CARD NGO, Caritas, CashporMC, CBB, CCT, CEAPE Maranhão, CEOSS, CEPESIU, CEVI, CFPA, CMEDFI, COCDEP, Compartamos,Conserva, Crece Safsa, CrediAmigo, Credicoop, CREDIMUJER, CReSA, Crysol, CSC, CUMO, CVECAKita/Bafoulabé, CZWSDA, DAMEN, Daulet, Dayaq-Credit, DBACD, DEC, DEMOS SLC, DespachoAmador, DESPENO, DIMAN, DINARI, Dire, Duterimbere, Eb-F, EDAPROSPO, EDPYME Alternativa,EDPYME Efectiva, Enda, ENLACE, ESAF, ESED, Eshet, Espacios Alternativos, Eurekasoli, FADEMYPE,FAPE, Faulu - TZA, FCBFI, FECECAV, FIDERPAC, Financiera Independencia, FINCA - ECU, FINCA- GTM, FINCA - HTI, FINCA - MEX, FINCA - MWI, FINCA - NIC, FINCA - PER, FINCA - TZA, FINCA- UZB, FINCA - ZAM, FinComún, FMF, FMSD, FODEMI, FONDESOL, Forjadores, FRAC, FriendshipBridge - GTM, Fundación Adelante, Fundación Alternativa, Fundación Espoir, Fundación Micros,Fundación Mujer, Fundación San Miguel, FUNDAMIC, FUNDECOCA, FUNDESPE, FUNHAVI,GK, GRAINE sarl, Grameen Bank, GU, GV, Harubu, HEED, Hekima, Hofokam, IDDA, IDESI LaLibertad, IDESI Lambayeque, IDF, INMAA, Jagorani Chakra Foundation, Janalakshmi, JMCC, KAS,Kasagana-Ka, Kazama Grameen, KCCDFI, Khushhali Bank, KMBI, Kotalipara, KVK, LAPO, LeadFoundation, Life Bank, MADRAC, Mahasemam - SMILE, Mallig Plains RB, Manuela Ramos, MBKVentura, MEDF, Metemamen, MFI, MFW, MGBB, Microserfin, MIDE, Milamdec, Miselini, MorisRasik, Nirdhan, NMF, NWTF, OLC, OMB, OMO, Oportunidad Microfinanzas, OXUS - AFG, PAIDEK,PALFSI, Parwaz, PATRA Hunchun, PATRA Yanbian, POMFB, PRISMA, ProCaja, ProMujer - BOL,ProMujer - MEX, ProMujer - PER, RB Datu Paglas, RB Talisayan, RDRS, Saadhana, Sabaragamuwa,SAFWCO, Sanghamithra, Sarvodaya Nano Finance, SAT, SB Bank, SBACD, SEAP, SEDA, SEEDS, SEF-ZAF, SemiSol, Serviamus, SEYAMFI, SFPI, Shakti, SHARE, SKDRDP, SKS, SMS, SMSS, Solfi, Sonata,Soro Yiriwaso, Spandana, SPBD, SPGBB, Swadhaar, SWAWS, TCVM Thanh Hoa, TLM, TMSS, TPC,TSKI, TSPI, TYM, UCADE Ambato, UCADE Guaranda, UCADE Latacunga, UCADE Santo Domingo,UDDIPAN, Ujjivan, UPI, Urwego, VEF, VWS, Wasasa, Wisdom, WKP, WWI - AFG, YAMIDA, Zakoura.Microfinance Information eXchange, Inc65

BULLETIN TABLESMICROBANKING BULLETIN, ISSUE 15, AUTUMN 2007DATA QUALITY †PEER GROUP N *** ** * PARTICIPATING INSTITUTIONSTarget Market: Broad(Avg. Balance per Borrower/GNI per Capita ≥ 20% and≤ 150%)Target Market: High End(Avg. Balance per Borrower/GNI per Capita > 150% and≤ 250%)Target Market: SmallBusiness(Avg. Balance per Borrower/GNI per Capita > 250%)COMPOUND PEER GROUPSAfrica Large FSS(Africa; GLP > $8,000,000;Financial Self-Sufficiency> 100%)Africa Large Non FSS(Africa; GLP > $8,000,000;Financial Self-Sufficiency< 100%)Africa Medium FSS(Africa; GLP ≥ $2,000,000 and≤ $8,000,000; Financial Self-Sufficiency > 100%)347 72 206 69 1st Valley Bank, ABA, ACBA, ACME, ACODEP, Actuar Antioquia, Actuar Caldas, Actuar Tolima,AFODENIC, Aggar, AgroInvest, Ahantaman RB, Akuapem RB, Al Amana, Alidé, Alternativa,Alwatani, AMC, AMC de R.L., APGA, Apoyo Integral, Aqroinvest, ARDPAS, AREGAK, Arnur Credit,ASALA, ASC Union, ASDIR, Asociación Raiz, Asomi, Aurora, Azercredit, BAI, Banco Ademi, BancoDa Familia, Banco del Trabajo, Banco Solidario, BancoEstado, BanDesarrollo Microempresas,BanGente, Bangko Kabayan, Bangko Mabuhay, BASIX, BCB, BCSC, Benefit, BIMAS, BOM, BPR AK,BPR AM, BPR AN, BPR Anug, BPR BCS, BPR Eka Usaha, BPR NSI, BPR PKT, BPR WRD, BRAC - AFG,BRI, CACMU, Caja Libertad, Caja Nor Perú, CamCCUL, Cantilan Bank, CAPA, CAPPED, CBMO,CCA, CDRO, CDS, CEADe, CEF, CEP, CEPRODEL, CETZAM, CHC-Limited, CMAC Arequipa, CMACCusco, CMAC Del Santa, CMAC Huancayo, CMAC Ica, CMAC Maynas, CMAC Paita, CMAC Sullana,CMAC Tacna, CMAC Trujillo, CMM Bogotá, CMM Medellín, COAC Acción Rural, COAC Artesanos,COAC Fondvida, COAC Jardín Azuayo, COAC JEP, COAC Kullki Wasi, COAC Luz del Valle, COACMCCH, COAC Mushuc Runa, COAC Sac Aiet, COAC San José, COAC Santa Anita, CODESARROLLO,Constanta, Contactar, Coop 20 de Abril, Coop Juan XXIII, COOPAC San Martín, COOPAC SantoCristo, COOPROGRESO, CRAC Los Andes, CRECER, Credi Fe, CREDIT, CREDO, Crystal Fund, DDBank, DECSI, DEF, Diaconia, DJOMEC, D-miro, Doveriye - Amursk, ECLOF - ARM, ECLOF - PHL,Ecofuturo FFP, EDPYME Confianza, EDPYME Crear Arequipa, EDPYME Crear Tacna, EDPYMEEdyficar, EDPYME Nueva Visión, EDPYME Proempresa, EKI, EKPA, Elet-Capital, Emprender, EquityBank, FADES, FAFIDESS, FAMA, Fassil FFP, FATEN, Faulu - UGA, FBPMC, FCC, FDL, FDM, FED, FFECC,Fiaseman RB, FICO, FIE Gran Poder, FIELCO, FinAmérica, Financiera Familiar, FINCA - AFG, FINCA- ARM, FINCA - AZE, FINCA - GEO, FINCA - HND, FINCA - KOS, FINCA - RUS, FINCA - TJK, FINCA- UGA, FinDev, FINSOL, First Macro Bank, FMC, FMCC, FMFB - Pakistan, FMM Bucaramanga, FMMPopayán, FODEM, FOMIC, FONCRESOL, FONDEP, Fondespoir, FONDESURCO, Fonkoze, FORUS,FOVIDA, FUDEMI, FULM, FUNBODEM, Fundación Campo, Fundación León 2000, FundaciónNieborowski, Fundación Paraguaya, FUNDAHMICRO, FUNDEA, FUNDENUSE, FUNDEPYME,FUNDESER, Fundusz Mikro, FUNED, FUNSALDE, FYMA, Gasha, GBNB, Génesis Empresarial,Génesiss, Green Bank, Hermandad de Honduras, HKL, Hluvuku, HOPE, Horizon, Horizonti,IASC, ICC Blusol, Imkoniyat, IMPRO, INECO, INSOTEC, Interfisa, JOVID, Juaben RB, KADET, KafoJiginew, KAMURJ, Kashf, KBSLAB, Khan Bank, KLF, Kompanion, Kondo Jigima, KosInvest, K-Rep,KRK Ltd, Krushi, Kuyasa, KWFT, LAM, LIDER, LOKmicro, LPD Ambengan, LPD Asahduren, LPDBayung Gede, LPD Bedha, LPD Buahan, LPD Ketewel, LPD Kukuh, LPD Panjer, LPD Sibetan, MAFF,Maxima, MDF, MDSL, MEC FEPRODES, MED-Net, MEMCO, MiBanco, MI-BOSPO, MicroempresasAntioquia, MicroFins, MIKRA, Mikro ALDI, Mikrofin, Mikrofond, MikroMaliyye Credit, MLFHUMO, MLF MicroInvest, MoFAD, Moznosti, MPGBB, Nachala, New RB of Victorias, NMFB, NOA,Normicro, Nyèsigiso, OBM, OBS, ODEF, OI-SASL, OI-WEDCO, Oriencoop, Otiv Diana, OXUS - TJK,PADECOMSM, PAMECAS, Partner, PASED, PEACE, PGBB, PILARH, PNG Microfinance Ltd, Prasac,PRESTANIC, PRIDE - MWI, PRIDE - TZA, PRIDE - ZAM, Prizma, ProCredit Bank - BIH, ProCreditBank - ECU, ProCredit Bank - SLV, ProCredit Bank - SRB, PRODESA, ProMujer - NIC, PSHM, RBCamalig, RB Capalonga, RB Digos, RB Lebak, RB Loon, RB Mabitac, RB Oroquieta, RB Solano, RBSto. Tomas, RCPB, Rost, Rozgar, SAILD, SBDF, SBS, SDBL, SEF-ARM, Seilanithih, SINERGIJA, SISDO,SMEP, Sodeistviye - Pyatigorsk, Sodeistviye - Smolensk, South Akim RB, Soyuz, Sunduq, Sunrise,Tchuma, TFS, TIAVO, TMFB, UC Umutanguha, UCEC/MK, U-IMCEC, UNICECAM, UNRWA, USTOI,Valiant RB, VBSP, VFC, Viator, Visión de Finanzas, Vital Finance, VRFSBS, WOCCU - AFG, Women forWomen, World Relief - HND, WWB Cali, XacBank.51 6 37 8 ACAD, ACCOVI, ACLEDA, ADRI, AFK, ARMP, BancoSol, Bank of Ormoc, BESA, BPR Eka Ayu, BZMF,CACPE Yantzaza, CEB, CMS, COAC Chone, Coop Universitaria, Credit Mongol, FECECAM, FIEFFP, FINCA - DRC, FINCORP, FINDESA, IDEPRO, IMON, Intellekt, IPR, KEP, LPD Celuk, LPD Intaran,LPD Ubung, MCN, MFBA, NovoBanco - ANG, NovoBanco - MOZ, Obereg - Perm, OMRO, PADME,ProCredit Bank - ALB, ProCredit Bank - BGR, ProCredit Bank - BOL, ProCredit Bank - GEO,ProCredit Bank - MDA, ProCredit Bank - MKD, ProCredit Bank - NIC, ProCredit Bank - ROM,PRODEM FFP, Sodruzhestvo, SOGESOL, UML, U-Trust, WAGES.39 1 30 8 ACEP Sénégal, ACF, ACORDE, Agrocapital, Agroinvestbank, Aiyl Bank, Akiba, ASTI, AtlanticCapital Partners, Atwima Kwanwoma RB, Bank Eskhata, BTFF, CECA, Centenary Bank, CFE, CML,COOP Fátima, CredAgro NBCO, First Allied, FMFB - AFG, FMFB - TJK, Fortaleza FFP, FRP, FUCEC,Jemeni, KMB, LPD Kuta, LPD Pecatu, MCF - SYR, MECREF, Microinvest, OIBM, ProCredit Bank- DRC, ProCredit Bank - GHA, ProCredit Bank - KOS, ProCredit Bank - UKR, RML, SIPEM, SOCREMO.21 0 18 3 [These names are held confidential]12 0 12 0 [These names are held confidential]11 0 8 3 [These names are held confidential]66Microfinance Information eXchange, Inc

MICROBANKING BULLETIN, ISSUE 15, AUTUMN 2007BULLETIN TABLESDATA QUALITY †PEER GROUP N *** ** * PARTICIPATING INSTITUTIONSAfrica Medium Non FSS(Africa; GLP ≥ $2,000,000 and≤ $8,000,000; Financial Self-Sufficiency < 100%)Africa Small FSS(Africa; GLP < $2,000,000;Financial Self-Sufficiency> 100%)Africa Small Non FSS(Africa; GLP < $2,000,000;Financial Self-Sufficiency< 100%)Asia Large FSS(Asia; GLP > $8,000,000;Financial Self-Sufficiency> 100%)Asia Large Non FSS(Asia; GLP > $8,000,000;Financial Self-Sufficiency< 100%)Asia Medium FSS(Asia; GLP ≥ $2,000,000 and≤ $8,000,000; Financial Self-Sufficiency > 100%)Asia Medium Non FSS(Asia; GLP ≥ $2,000,000 and≤ $8,000,000; Financial Self-Sufficiency < 100%)Asia Small FSS(Asia; GLP < $2,000,000;Financial Self-Sufficiency> 100%)Asia Small Non FSS(Asia; GLP < $2,000,000;Financial Self-Sufficiency< 100%)ECA Large FSS(ECA; GLP > $8,000,000;Financial Self-Sufficiency> 100%)ECA Large Non FSS(ECA; GLP > $8,000,000;Financial Self-Sufficiency< 100%)ECA Medium FSS(ECA; GLP ≥ $2,000,000 and≤ $8,000,000; Financial Self-Sufficiency > 100%)ECA Medium Non FSS(ECA; GLP ≥ $2,000,000 and≤ $8,000,000; Financial Self-Sufficiency < 100%)ECA Small FSS(ECA; GLP < $2,000,000Financial Self-Sufficiency >100%)ECA Small Non FSS(ECA; GLP < $2,000,000;Financial Self-Sufficiency< 100%)LAC Large FSS(LAC; GLP > $15,000,000;Financial Self-Sufficiency> 100%)19 0 17 2 [These names are held confidential]9 0 4 5 [These names are held confidential]47 1 38 8 [These names are held confidential]39 0 26 13 [These names are held confidential]15 0 8 7 [These names are held confidential]39 3 23 13 [These names are held confidential]26 0 12 14 [These names are held confidential]30 1 7 22 [These names are held confidential]45 1 26 18 [These names are held confidential]43 3 35 5 [These names are held confidential]12 0 12 0 [These names are held confidential]23 2 15 6 [These names are held confidential]17 1 12 4 [These names are held confidential]17 2 12 3 [These names are held confidential]14 0 9 5 [These names are held confidential]69 54 12 3 [These names are held confidential]Microfinance Information eXchange, Inc67

BULLETIN TABLESMICROBANKING BULLETIN, ISSUE 15, AUTUMN 2007DATA QUALITY †PEER GROUP N *** ** * PARTICIPATING INSTITUTIONSLAC Large Non FSS(LAC; GLP > $15,000,000;Financial Self-Sufficiency< 100%)LAC Medium FSS(LAC; GLP ≥ $4,000,000 and ≤$15,000,000; Financial Self-Sufficiency > 100%)LAC Medium Non FSS(LAC; GLP ≥ $4,000,000 and ≤$15,000,000; Financial Self-Sufficiency < 100%)LAC Small FSS(LAC; GLP < $4,000,000;Financial Self-Sufficiency> 100%)LAC Small Non FSS(LAC; GLP < $4,000,000;Financial Self-Sufficiency< 100%)MENA Large(MENA; GLP > $8,000,000)MENA Medium(MENA; GLP ≥ $2,000,000 and≤ $8,000,000)MENA Small(MENA; GLP < $2,000,000)7 2 5 0 [These names are held confidential]52 18 28 6 [These names are held confidential]15 4 7 4 [These names are held confidential]44 4 28 12 [These names are held confidential]41 2 30 9 [These names are held confidential]12 4 7 4 ABA, Al Amana, DBACD, DEF, Enda, ESED, FBPMC, FONDEP, JMCC, MCF - SYR, MFW, Zakoura.14 1 10 3 ACAD, Al Majmoua, Al Tadamun, Alwatani, AMC, Ameen, AMSSF/MC, ARDI, CEOSS, FATEN, LeadFoundation, MEMCO, SBACD, UNRWA.11 0 5 6 ABWA, Al Awael, Al Karama, AMOS, ASALA, Azal, FMF, IDDA, INMAA, NMF, PASED.† The MicroBanking Bulletin uses the following grading system to classify information received from MFIs:*** The information is supported by an in-depth financial analysis conducted by an independent entity in the last three years** The MBB questionnaire plus audited financial statements, annual reports and other independent evaluations* The MBB questionnaire or audited financial statements without additional documentation68Microfinance Information eXchange, Inc