Forbes ranks the microcredit lenders

The story we linked to this morning on microcredit in Bosnia mentioned a Forbes ranking of microcredit lenders. This ranking was new to us, so we wanted to link to it in a new post.

Forbes used factors to rank the microcredit lenders such as the size of the lender, the risk of their portfolio, and the percentage of return. The top 3 were ASA from Bangladesh, Bandhan (Society and NBFC) of India and Banco do Nordeste from Brazil. Grameen Bank was ranked 16th on the Forbes list.

Forbes used information gathered by the Microfinance Information Exchange to compile the list.