About us

We are the first credit rating agency specializing in microfinance. Our experience is based on 25 years of work and over 1,700 assessments in 55 countries.

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Latest rating reports

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IMFAgrobanco
COUNTRYPerú
TYPECredit
RATINGB-
DATE2023-03
IMFCaja Municipal de Ahorro y Crédito de Paita S.A
COUNTRYPerú
TYPECredit
RATINGC
DATE2023-03
IMFCaja Rural de Ahorro y Crédito Del Centro S.A.
COUNTRYPerú
TYPECredit
RATINGC
DATE2023-03
IMFCaja Municipal de Ahorro y Crédito de Piura S.A.C
COUNTRYPerú
TYPECredit
RATINGB+
DATE2023-03

Rating Services

Our rating reports are acknowledged for their objectivity, independence of opinion, and quality of analysis.

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Credit Rating

We assess financial strength based on regulatory and comprehensive risk approach (SBS, Peru;  BCT, Tunisia and SBP, Panama).

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Social Rating

We assess social performance and the degree of alignment with international sustainability standards.

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Institutional Rating

We measure long-term institutional viability and solvency. We identify strengths and weaknesses in key areas.

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Assessment process

We carry out the process in five well-defined stages.

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1Request for information

Request, processing, and standardization of requested information.

2In-depth interviews

Interviews to different instances of institutional organization chart.

3Closing meeting

Preparation of draft report for comments from your entity.

4Draft and comments

Discussion in Rating Committee.

5Rating committee and final report

Final review and issuance of report with rating.

MicroRate Research

Our research services are designed to meet the needs of actors (and stakeholders) in the microfinance sector for updated and specialized information.

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Publications

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Articles

May 29, 2023

Desempeño del Sistema Financiero Cooperativo Peruano al Primer Trimestre 2023

Lento crecimiento, estable liquidez, ligera mejora en márgenes operativos resumen el desempeño del sistema cooperativo local. El principal desafío y amenaza, sin embargo, continúa siendo la gestión del riesgo crediticio.

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Benchmarks

May 26, 2023

Desempeño del Sector Microfinanciero de Nicaragua a Marzo 2023

Compartimos una breve mirada al comportamiento del sector microfinanciero de Nicaragua con corte a Marzo del 2023.

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Our clients

Finlabor
Génesis Fundación Logo
Victory Empowerment
Microsefin

We are ready to assist you.

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