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Ujjivan gets a 5/5 Diamond rating from MIX Market

In January, Ujjivan achieved a 5/5 diamond rating from MIX (Microfinance Information Exchange) Market. This rating is a measure of an MFI’s transparency and the quality of information uploaded to the MIX Market database.

The Microfinance Information Exchange, Inc. (MIX) is the leading business information provider dedicated to strengthening the microfinance sector and was founded by CGAP (Consultative Group to Assist the Poor). MIX provides detailed financial and social performance information from microfinance institutions (MFIs), as well as business information from market facilitators and leading donor organizations and investors in microfinance. This is done through the online information exchange MIX Market (www.mixmarket.org).

In October 2009, Ujjivan had received the ‘Gold Award’ for Social Performance Reporting to MIX Market. The ‘Diamond’ rating has placed Ujjivan amongst a select band of MFIs, who are industry leaders both in Financial and Social Performance reporting.

To view Ujjivan’s MIX market profile, please go to http://www.mixmarket.org/mfi/ujjivan.

 
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