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| chart |
| Top 20 most efficient mfis with average loan balance < US$ 500 |
| Ranking |
MFI |
Country |
Adjusted Average Loan Balance (USD) |
Operating Expense / Average Gross Loan Portfolio |
Adjusted Loans per Staff Member |
| 2005 |
2004 |
| 1 |
1 |
FMM Popayán |
Colombia |
$413 |
11.80% |
326 |
| 2 |
n/a |
FONCRESOL |
Bolivia |
316 |
13.10% |
228 |
| 3 |
5 |
Interfisa |
Paraguay |
413 |
16.70% |
176 |
| 4 |
n/a |
FODEMI |
Ecuador |
405 |
17.90% |
215 |
| 5 |
n/a |
Crysol |
Guatemala |
351 |
19.00% |
290 |
| 6 |
4 |
CMM Bogota |
Colombia |
455 |
19.20% |
220 |
| 7 |
3 |
FMM Bucaramanga |
Colombia |
480 |
19.30% |
296 |
| 8 |
8 |
Pro Mujer - Bolivia |
Bolivia |
172 |
20.60% |
178 |
| 9 |
n/a |
AYNLA |
Guatemala |
383 |
21.00% |
323 |
| 10 |
20 |
Financiera El Comercio |
Paraguay |
446 |
21.40% |
139 |
| 11 |
n/a |
Crediamigo |
Brazil |
256 |
22.10% |
240 |
| 12 |
n/a |
Fundación Mario Santo Domingo |
Colombia |
323 |
22.10% |
292 |
| 13 |
7 |
FINCA - Ecuador |
Ecuador |
412 |
23.70% |
284 |
| 14 |
n/a |
EDPYME Efectiva |
Peru |
239 |
24.10% |
342 |
| 15 |
10 |
Hermandad de Honduras |
Honduras |
482 |
24.80% |
97 |
| 16 |
9 |
ADOPEM |
Dominican Republic |
272 |
25.50% |
240 |
| 17 |
n/a |
FAFIDES |
Guatemala |
474 |
26.00% |
97 |
| 18 |
12 |
Pro Mujer - Peru |
Peru |
97 |
26.50% |
393 |
| 19 |
11 |
ACODEP |
Nicaragua |
288 |
26.90% |
333 |
| 20 |
16 |
Pro Mujer - Nicaragua |
Nicaragua |
184 |
27.30% |
219 |
|
