M-CRIL India Indices of Microfinance 2012
Measures of the performance of 24 of the largest MFIs in the country
Indian MFIs have been in decline since October 2010.
In 2011-12, 24 of the largest MFIs in India declined by 21% during the year, and
by 30% relative to October 2010
CRILEX – the M-CRIL India MFI Growth Index
M-Cril24, March 2003=100
CRILEX – the M-CRIL India MFI Growth Index, a composite index of growth of microfinance
institutions in India – uses information on the numbers of borrowers and the size
of loan portfolio of the 24 largest MFIs (each with more than 100,000 active borrowers).
It adjusts the borrower numbers for multiple lending using conservative estimates
for this phenomenon by M-CRIL’s analysts – see below.
By 31 March 2012, CRILEX had fallen to 6,290
- M-CRIL India Indices of Microfinance