MFI Appraisal Guide
Lugar y fecha de publicación: CGAP, March, 2008
CGAP has revised its 1999 edition of the MFI Appraisal Guide. The guide offers new sections on savings, social performance, information systems, and risk management. It also includes new indicators and financial statement formats agreed within the microfinance industry from 2003 to 2005.
The Appraisal Guide for Microfinance Institutions includes three resources: (i) a shorter technical guide with essentials for an appraisal; (ii) an accompanying resource manual with supplemental information; and (iii) an electronic spreadsheet, appraise.xls, to generate summary tables. This set of resources incorporates the latest microfinance knowledge and best practices to form a comprehensive guide analysts can use to evaluate microfinance institutions (MFIs). For the purposes of this set, MFIs are defined as licensed and unlicensed financial institutions that include nongovernmental organizations, commercial banks, credit unions and cooperatives, and agricultural, development, and postal savings banks. They range from specialized microfinance providers to programs within larger, multipurpose development organizations.
This set of resources is primarily for funders and their qualified consultants who analyze the MFI. But others, such as MFIs conducting self-assessments or diagnostics or commercial banks or investors considering issuances of debt or equity, will find it useful. Commercial and quasi-commercial investors and raters are not the primary target of this guide because they typically have their own assessment and due diligence processes.
Updating the 1999 edition, this revised MFI Appraisal Guide offers new sections on analysis of savings, social performance, information systems, and risk management. In addition, the Guide includes new indicators and financial statement formats agreed within the microfinance industry from 2003 to 2005.
