CGAP and the Microfinance Information Exchange (MIX) have released the 2011 regional snapshot of microfinance analysis and key trends in Sub Saharan Africa. For the first time, broad, comprehensive landscape data is available of close to 23,000 providers of deposit, credit or mobile banking services. In comparison to other regions, SSA has a strong depositor base--almost a quarter of the global depositors recorded by MIX are in SSA, while the region only accounts for 5% of the borrowers. With a large focus on deposit mobilization, MFIs in SSA require a small percentage of external debt. Financial expense ratios are around 2 percent, the lowest globally after the Middle East and North Africa. Large microfinance providers have the lion’s share of client outreach across SSA (between 80 and 90% of borrowers and depositors), but they are experiencing slower growth rates compared to smaller institutions.
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