All India Benchmark Tables: Indian Microfinance Sector FY 2013-14

This report presents operational and financial trends of the Indian microfinance industry for FY 2012-13 and FY 2013-14. It profiles Indian MFIs, their products, operations, financial and social highlights and provides robust industry benchmarks for both financial and social performance. These benchmarks provide important reference points for MFI managers and board members as they set company strategy and track progress in rapidly changing markets. The analysis is based on the annual financial and operational data provided to MIX and on the audited financial statements submitted by 88 institutions associated with MIX. Some of the key findings include:

• Total asset size of the industry grew by 29.7%, to INR 31,400.8 crore in FY 2013-14 as compared to growth of 14.2% to INR 24,202.8 crore in FY 2012-13;
• Capital to asset ratio increased to 14.3% in FY 2013-14 from 13.7% in FY 2012-13 and this can be attributed to factors such as capital infusions, an increase in profits, and a constant gross loan portfolio;
• Total number of borrowers increased by 20.1%, to 323.6 million in FY 2013-14 from 269.5 million in FY 2012-13;
• There was a tremendous increase in the productivity of loan officers in managing their loans in FY 2013-14.