ASA adjudged world's best MFI
ASA has been ranked as the best MFI (microfinance institution) in the world by the 'Microfinance Information Exchange (MIX).MIX is the America-based internationally recognised research organisation, says press release. The ranking was published in the MIX's report titled '2005 MIX Global Report 100: MFI League Table' presented on November 13, 2006 in the 'Global Microfinance Summit 2006' held in Halifax, Canada from 12-15 November. The report is prepared from 512 MFIs of the world considering six areas of performances namely outreach, scale, profitability, efficiency, productivity and portfolio quality as well as consulting with investors, researches, donors and media worldwide. About 300 MFIs of the world have placed in at least one of the six tables prepared for the best hundred. Almost 10 percent of the MFIs have been appeared as leader across four/five categories. Only ASA is placed in all the six categories with exponential best result.
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