BCC Mediocrati is the first Italian Bank to got a Microfinance Institutional Rating by MFR within the Joint Action to Support Microfinance Institutions in Europe (JASMINE) financed by the EU and managed by the European Investment Fund (EIF). BCC Mediocrati is a small-size cooperative bank working within EU-financed PROGRESS Program and gradually increasing its involvement in microfinance and SME lending.
MFR has successfully completed the Microfinance Institutional Rating of PerMicro within the Joint Action to Support Microfinance Institutions in Europe (JASMINE) financed by the EU and managed by the European Investment Fund (EIF). PerMIcro is a nonbanking financial institution providing the financially excluded people with business and consumer microloans through a network of 12 branches all over Italy.
MicroFinanza Rating and AMFI-Kenya are pleased to present the 2013 Annual Report on the Microfinance Sector in Kenya. This second issue presents the Kenyan microfinance industry developments and trends over 2010-2012, and displays both aggregate quantitative and qualitative information as well as a directory of the individual microfinance services providers in Kenya. This year, the number of institutions participating grew to 21 Credit Only MFIs, 7 DTMs and 4 Banks, a total of 32 participants, all AMFI members. This publication is embedded in MicroFinanza Rating and AMFI-Kenya's roles to foster transparency in the microfinance sector. We hope this publication will help to increase the visibility of the Kenyan microfinance industry in the domestic and international financial markets, facilitate linkages between microfinance players and industry stakeholders; as well as to provide individual MFIs with information and benchmarks to set their standards and strategic goals.
MicroFinanza Rating is pleased to share some experience on financial education, its importance, benefits and implications with the objective to inform about financial education opportunities. Read here to know how Financial Education is contributing to social responsibility towards the community and promoting client empowerment.