Top 50 Micro-Finance Institutions

December 17, 2010Indian Collegesby EconomyWatch




The Micro-Finance sector in the world has helped a lot in eradicating poverty from the world. Through the use of Micro-Finance both the living standard and availability of credit to the poor has increased.

Forbe’s World Top 50 Micro Finance institutions have been taken from a total number of 641 micro-credit providers. The list is made by the Micro Finance Information Exchange.


Top 50 Micro Finance Institutions
Rank Name Country
1 ASA Bangladesh
2 Bandhan (Society and NBFC) India
3 Banco do Nordeste Brazil
4 Fundación Mundial de la Mujer Bucaramanga Colombia
5 FONDEP Micro-Crédit Morocco
6 Amhara Credit and Savings Institution Ethiopia
7 Banco Compartamos, S.A., Institución de Banca Múltiple Mexico
8 Association Al Amana for the Promotion of Micro-Enterprises Morocco Morocco
9 Fundación Mundo Mujer Popayán Colombia
10 Fundación WWB Colombia - Cali Colombia
11 Consumer Credit Union 'Economic Partnership' Russia
12 Fondation Banque Populaire pour le Micro-Credit Morocco
13 Microcredit Foundation of India India
14 EKI Bosnia and Herzegovina
15 Saadhana Microfin Society India
16 Jagorani Chakra Foundation Bangladesh
17 Grameen Bank Bangladesh
18 Partner Bosnia and Herzegovina
19 Grameen Koota India
20 Caja Municipal de Ahorro y Crédito de Cusco Peru
21 Bangladesh Rural Advancement Committee Bangladesh
22 AgroInvest Serbia
23 Caja Municipal de Ahorro y Crédito de Trujillo Peru
23 Sharada's Women's Association for Weaker Section India
24 MIKROFIN Banja Luka Bosnia and Herzegovina
25 Khan Bank (Agricultural Bank of Mongolia LLP) Mongolia
26 INECO Bank Armenia
27 Fondation Zakoura Morocco
28 Dakahlya Businessmen's Association for Community Development Egypt
29 Asmitha Microfin Ltd. India
30 Credi Fe Desarrollo Microempresarial S.A. Ecuador
31 Dedebit Credit and Savings Institution Ethiopia
32 MI-BOSPO Tuzla Bosnia and Herzegovina
33 Fundacion Para La Promocion y el Desarrollo Nicaragua
34 Kashf Foundation Pakistan
35 Shakti Foundation for Disadvantaged Women Bangladesh
36 enda inter-arabe Tunisia
37 Kazakhstan Loan Fund Kazakhstan
38 Integrated Development Foundation Bangladesh
39 Microcredit Organization Sunrise Bosnia and Herzegovina
40 FINCA - ECU Ecuador
41 Caja Municipal de Ahorro y Crédito de Arequipa Peru
42 Crédito con Educación Rural Bolivia
43 BESA Fund Albania
44 SKS Microfinance Private Limited India
45 Development and Employment Fund Jordan
46 Programas para la Mujer - Peru Peru
47 Kreditimi Rural i Kosoves LLC (formerly Rural Finance Project of Kosovo) Kosovo
48 BURO, formerly BURO Tangail Bangladesh
49 Opportunity Bank A.D. Podgorica Serbia
50 Sanasa Development Bank Sri Lanka
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