Nonprofit or community organization
Last modified: December 6, 2010, 5:32 AM
The Microfinance Information Exchange, Inc. (MIX) is the leading business information provider dedicated to strengthening the microfinance sector. MIX promotes financial transparency in the industry and helps building the information infrastructure in developing countries. This addresses a key challenge for the microfinance industry: the lack of reliable, comparable and publicly available information on the financial strength and performance of microfinance institutions as well as their social impact.
MIX provides detailed financial and social performance information from leading microfinance institutions and market facilitators as well as from leading donor organizations and investors in microfinance. Services offered by MIX promote transparency, improve financial and social performance at the institutional level, and promote standardization throughout the industry. MIX data is widely used within the microfinance industry by donors, investors, researchers, academia and microfinance institutions themselves. MIX's activities have been proven to boost public and private investment in microfinance.
MIX was incorporated in June 2002 as a not-for-profit private company in order to assume the management of the MIX Market (formerly Virtual Microfinance Market) and the MicroBanking Bulletin. Today MIX offers a number of additional information tools as well as consulting and training services for the microfinance industry; MIX is also directly involved in industry best practices and standards setting working groups. With headquarters in Washington, DC, MIX operates regional dependencies in Latin America (in Lima, Peru), in Africa (in Dakar, Senegal) and in Asia (near Delhi, India).
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