Top 10 Best-Performing MFIs in the 60 Decibels Microfinance Index
The Grameen Crédit Agricole Foundation participated as a co-funder in 60-Decibels' first microfinance index. The list of the best-performing institutions in 2022 was recently unveiled. Five of the Foundation's partners are included in this ranking:
Top 10 best-performing MFIs:
ACEP Burkina Faso
Advans Ivory Coast
LAPO Sierra Leone
Top 3 best performing MFIs in Africa:
LAPO Sierra Leone
ECLOF Kenya
Top 3 Best Performing MFIs in Asia:
Annapurna
Of the 72 institutions studied in 41 different countries, these MFIs achieved the best results in all categories of the index: Access, Business Impact, Household Impact, Client Protection, and Resilience. The Foundation welcomes these excellent performances and congratulates ACEP Burkina Faso, Advans Ivory Coast, Lapo, Eclof Kenya And Annapurna which are identified among the most influential MFIs. A wonderful recognition for all stakeholders who have contributed to the growth of social impact and fostering a more human customer relationship.
Alongside its partners, the Foundation's funding, granted mainly to small institutions located in rural areas and reinforced by our technical assistance mechanisms, helps strengthen support for local economies.
18,000 clients of 72 microfinance institutions in 42 countries were surveyed to measure microfinance outcomes.
Read the full ranking on the 60-Decibels site.
