Microfinance Gateway>Sub-Saharan Africa 2009: Microfinance Analysis and Benchmarking Report

affiliate language sites: Français عربي Español

Home

Library

Jobs

Training and Events

Organizations

Consultants

Library » Sub-Saharan Africa 2009: Microfinance Analysis and Benchmarking Report

Sub-Saharan Africa 2009: Microfinance Analysis and Benchmarking Report
Apr 2010, Consultative Group to Assist the Poor (CGAP) & Microfinance Information Exchange (MIX)

A report from MIX and CGAP analyzing MFI performance in the SSA region

This report analyzes the state of microfinance in Sub-Saharan Africa (SSA) in 2008.

Over the last decade, the microfinance sector in SSA increased outreach and improved MFI performance. Increase in food and fuel prices as well as the global economic contraction in 2008, however, impacted the sector. The report states that:

Borrower growth slowed in most MFIs, but average loan balance increased;
Depositor growth increased, but average deposit size decreased;
Thirteen countries adopted, drafted or amended laws pertaining to microfinance providers;
Branchless banking took off in SSA in 28 countries, but without specific guidelines;
Number of Financial Intelligence Units that tackle money laundering and the financing of terrorism more than tripled between 2007 and 2008;
Deposits are the main source of funding for SSA MFIs;
Funding from cross-border donors and investors continues to grow;
MFIs experienced increased revenue;
MFI efficiency and productivity decreased, perhaps due to investments in keeping portfolio quality stable in difficult times.

SSA microfinance has proved resilient in the face of the global economic crisis. Continued vigilance, sound management and governance will prevent it from experiencing aftershocks of the crises.

Add Review


*First Name:		*Last Name:
Organization:
*Email:
*Country:
(rollover stars to select rating)
Review Title:

Review Text:
I do not want my name, email, or organization to appear with my review. (Country will always appear with posted reviews.)

By clicking "Submit" you confirm that you have read and consent to our Privacy Policy and Terms and Conditions.

Download this Document

Publisher(s):
CGAP
Microfinance Information eXchange