New Client Protection Certification


MFR is the first Certification Body to obtain a full approval to conduct Client Protection Certifications
under the CERISE-SPTF framework, effective as of May 1st 2021.

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Meet ATLAS, the leading platform for data on inclusive finance sector

Validated data on Financial Service Providers’ pricing,
client protection, social and financial performance

ATLAS

MAKE THE DIFFERENCE, WE PROVE IT

MFR IS A PRIVATE AND INDEPENDENT INTERNATIONAL RATING
AGENCY SPECIALIZED IN INCLUSIVE FINANCE

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INFORMING THE MARKET

DIVERSIFIED OFFER, MULTIPLE BENEFITS

What We Do

LISTENING TO THE MARKET

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FINANCIAL SERVICE PROVIDERS

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OTHERS

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REPORTS

Newly Issued Ratings

INSTITUTION REPORT COUNTRY AREA GRADE LANGUAGE ISSUE DATE
Baobab Social Rating NIGERIA SSA BB
-
English April 2021
Centro Financiero Empresarial Financial Rating PANAMA LAC BB+
Stable
Spanish April 2021
Banco VisionFund Ecuador Social Rating ECUADOR SSA A+
-
Spanish April 2021
Pro Mujer Argentina Financial Rating ARGENTINA LAC BB+
Stable
Spanish April 2021
Banco VisionFund Ecuador Client Protection Certification ECUADOR LAC Certified
-
Spanish March 2021
Premier Credit Social Rating KENYA SSA BB
-
English March 2021
Dvara KGFS Client Protection Certification INDIA SSEA Certified
-
English March 2021
Emprendamos Financial Rating MEXICO LAC B+
Stable
Spanish March 2021
Pro Mujer Nicaragua Financial Rating NICARAGUA LAC BBB-
Stable
Spanish March 2021
Fundación Paraguaya Client Protection Certification PARAGUAY LAC Certified
-
Spanish March 2021
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