Top Microfinance Institutions

Forbes Magazine has compiled the list of Top 50 Microfinance Institutions (MFIs) in the world. ASA Bangladesh is among the largest and most efficient Microfinance Institution (MFI) in the world. ASA is working in different countries, with Catalyst Microfinance Investors (CMI) through its ivnestment vehicle, ASA International (ASAI), to spread microfinance globally.

Following are the world's top Microfinance Institutions (top 30 list):
1 ASA Bangladesh
2 Bandhan (Society and NBFC) India
3 Banco do Nordeste Brazil
4 Fundación Mundial de la Mujer Bucaramanga Colombia
5 FONDEP Micro-Crédit Morocco
6 Amhara Credit and Savings Institution Ethiopia
7 Banco Compartamos, S.A., Institución de Banca Múltiple Mexico
8 Association Al Amana for the Promotion of Micro-Enterprises Morocco
9 Fundación Mundo Mujer Popayán Colombia
10 Fundación WWB Colombia – Cali Colombia
11 Consumer Credit Union ‘Economic Partnership’ Russia
12 Fondation Banque Populaire pour le Micro-Credit Morocco
13 Microcredit Foundation of India India
14 EKI Bosnia and Herzegovina 66
15 Saadhana Microfin Society India
16 Jagorani Chakra Foundation Bangladesh
17 Grameen Bank Bangladesh
18 Partner Bosnia and Herzegovina
19 Grameen Koota India
20 Caja Municipal de Ahorro y Crédito de Cusco Peru
21 Bangladesh Rural Advancement Committee Bangladesh
22 AgroInvest Serbia
23 Caja Municipal de Ahorro y Crédito de Trujillo Peru
23 Sharada’s Women’s Association for Weaker Section India
24 MIKROFIN Banja Luka Bosnia and Herzegovina
25 Khan Bank (Agricultural Bank of Mongolia LLP) Mongolia
26 INECO Bank Armenia
27 Fondation Zakoura Morocco
28 Dakahlya Businessmen’s Association for Community Development Egypt
29 Asmitha Microfin Ltd. India
30 Credi Fe Desarrollo Microempresarial S.A. Ecuador
Source: Forbes
(http://www.forbes.com/2007/12/20/microfinance-philanthropy-credit-biz-cz_ms_1220microfinance_table.html)

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