The entire evaluation process from the pre-visit desk analysis to final report delivery is about 6-8 weeks
Pre-visit data collection and desk analysis
After an MFI has hired MicroRate evaluate their institution, they will receive a data request form from MicroRate. MicroRate performs a pre-visit desk analysis of data and information collected from the client.
For the on-site evaluation, two MicroRate analysts interview all levels of management and personnel. The analytical team will also visit several of the MFI’s branch offices. Interviews and visits are complemented by additional data collection including the sampling of client files and review of reports from the management information system as available.
Post-visit analysis and report writing
The on-site evaluation is followed by an analysis and review of all the information collected which is consolidated into a final report.
Prior to publication, the MFI is provided with a draft version of the report to review to ensure that there were no errors or misinterpretations of information collected by MicroRate.
Rating Committee and report publication
The final rating grade is a result of careful analysis and discussion by an International Rating Committee, focusing on the key areas of analysis for each evaluation product. The International Rating Committee is composed of senior management and seasoned analysts from MicroRate’s different field offices to ensure consistent, robust analysis. MicroRate does not apply a rigid rating formula but considers the impact of all key areas of analysis to determine the final grade.