FMFB ranks 7th in top 100 MFIs
Observer Report
Karachi—The First Micro Finance Bank Ltd. (FMFB) has been ranked 7th in the 2008 Mix Global 100 Composite Ranking of Microfinance Institutions (MFIs). The ranking issued by the Microfinance Information Exchange, Inc. highlighted the performance of well rounded leading MFIs that boost outreach and lower cost to serve clients in a transparent manner. According to the report made available on the mix website http://www.themix.org, the FMFB with 7th position, was the only MFI from Pakistan to make it to the top 25 MFIs of the world. Agha Khan Agency for Microfinance as a global network was represented twice in the list of top 100 MFIs with FMFB – Tajikistan ranking the top 100.
Complete at the source.
Last year’s report ranked FMFB at 14th place.
Aga Khan Agency for Microfinance (AKAM)
Ismailimail 