Russian Microfinance Center and the global information portal - the MIX Market a...

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Jul 2006
Russia , July, 12 2006 - Russian Microfinance Center and the global information portal - the MIX Market (www.themix.org) are pleased to announce the beginning of the third stage in the project “Benchmarking for Russian MFIs”. The MIX is the only organization nowadays specializing in providing comparative analyses of MFIS performance all over the world.

The project «Benchmarking for Russian MFIs» is mainly aimed at rising the transparency of separate MFIs and microfinance sphere altogether. Participating in this project Russian MFIs will be able to gain positive image at the international level, identify the strong and weak sides of their performance, compare their facility data with other MFIs around the globe, and rise their attraction as an investment for donors and investors.

Those organizations who will provide the information about their performance, will be included in the MIX Market integrated net (www.mixmarket.org). There they will be given individual mark for “transparency” depending on the level of the information disclosure. Besides, the organizations participating in this project will be included in the global survey of microfinance development..

 

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