Publications in Russian

• 2008 Investor Letters: Azerbaijan

• 2008 Investor Letters: Tajikistan

• 2008 Investor Letters: Kyrgyzstan

• 2008 Investor Letters: Kazakhstan

• 2008 Directory of Funders Active in Eastern Europe and Central Asia (ECA)

• MFC Annual Report 2007 [pdf ENG I RUS ]

• The State of Microfinance Industry in Eastern Europe and Central Asia 2006, Justyna Pytkowska, Marcin Rataj, MFC, September 2007

• From Exclusion to Inclusion through Microfinance - Policy Brief, MFC - EMN - cdfa, September 2007

• Results Of The Staff Incentive Survey Carried Out Within The Central Europe and Central Asia Region, Clare Pearson, MFC 2007

• From Exclusion to Inclusion through Microfinance - Critical Issues, cdfa - MFC - EMN, April 2007

• From Mission to Action - Management Series for Microfinance Institutions. Strategic Management Toolkit - Overview, MFC, 2007. ENGLISH version, SPANISH version

• From Mission to Action - Management Series for Microfinance Institutions. Quality Audit Tool for Managing Social Performance - Overview, MFC, 2007. ENGLISH version, SPANISH version

• MFC Annual Report 2006 [pdf ENG I RUS ]

• 2005 State of Microfinance Industry in Eastern Europe and Central Asia (ECA), Justyna Pytkowska, MFC, December 2006

• Market for Microinsurance in Romania. Low-Income Households Needs and Market Development Projections, Michal Matul, Ruxandra Iancu, Andreea Scurtescu, submitted to: Michael J. McCord, MFC, April 2006

• Market for Microinsurance in Ukraine. Low-Income Households Needs and Market Development Projections, Michal Matul, Elena Durmanova, Volodymyr Tounitsky, submitted to: Michael J. McCord, MFC, January 2006

• Microfinance for Protecting the Vulnerable in Rural Uzbekistan. Market Research Insights for Practitioners based on a Case Study by MFP Barakot, MFC Spotlight Note #16 (pdf file - 439 KB), Michal Matul, Dorota Szubert, December 2005

• Towards Sustainable Future. Financial Education for Low-Income People in Poland, MFC Spotlight Note #15 (pdf file - 412 KB), Michal Matul, Katarzyna Pawlak, November 2005

• 2004 Microfinance Sector Development in Eastern Europe and Central Asia (ECA), MFC, 2005 [pdf ENG I RUS ]

• Directory of Donors and Investors Active in Europe and Central Asia (ECA), MFC, 2006 [pdf ENG | RUS ]
• Presentations of Donors and Investors Active in Europe and Central Asia (ECA), MFC, 2006

• Directory of Donors and Investors Active in Eastern Europe and Central Asia (ECA)

• The Power of Prizma’s Poverty Scorecard: Lessons for Microfinance, Mark Schreiner, Michal Matul, Ewa Pawlak and Sean Kline, September 2005

• Demand for Microinsurance in Georgia: Quantitative Study Resultss, Michal Matul, MFC, submitted to Michael J. McCord, Microinsurance Centre, April 2005

• Social Performance Management in Microfinance: Guidelines, Imp-Act Programme in collaboration with Microfinance Centre for C&EE and the NIS, First published by the Institute of Development Studies, 2005 [PDF RUS]

• Institutionalizing Market Intelligence: An Important Step to Becoming a Client-Focused MFI. Based on a Case Study by MDF-Kamurj, Armenia. MFC Spotlight Note #14, (pdf file � 1 MB)
  Michal Matul, Dorota Szubert, Gagik Vardanyan, Margarita Lalayan and Katarzyna Pawlak, March 2005

• Benchmarking Microfinance in Eastern Europe and Central Asia (2003), Matt Graham, MIX, May 2005 (pdf file - 345 kB)

• 2003 Georgia Benchmarking Report, Justyna Pytkowska, MFC, Zizi Gelenidze, GMSE, May 2005 (pdf file - 262 kB)

• Entering New Markets: How Market Research Can Inform Product Development. Based on a Case Study by MDF-Kamurj, Armenia. MFC Spotlight Note #13, (pdf file - 346 KB)
  Michal Matul, Dorota Szubert, Gagik Vardanyan, Margarita Lalayan and Olga Tomilova, January 2005

• Overview of the Microfinance Industry in the ECA Region in 2003, MFC Spotlight Note #12, (pdf file - 190 KB)
  Justyna Pytkowska, August 2004

• Client Desertion - a Microfinance Plague: How To Diagnose It Successfully?, MFC Spotlight Note #11, (pdf file - 478 KB)
  Katarzyna Pawlak and Michal Matul, April 2004

• Beyond Numbers: Prizma's Exit Monitoring System, MFC Spotlight Note #10, (pdf file - 1,13 MB)
  Michal Matul and Sefika Vejzovic, March 2004

• Promoting Client-focused Organization - Partner's Exit Monitoring System, MFC Spotlight Note #9, (pdf file - 1,09 MB)
  Katarzyna Pawlak and Selma Jahic, February 2004

• Counting (On)Your Prospective Clients: Guiding Principles in Measuring Microfinance Client Satisfaction and Loyalty, MFC Spotlight Note #8, (pdf file - 859 KB)
  Katarzyna Pawlak and Dorota Szubert, February 2004

• Cost-effective client assessment in a small microfinance institution: the experience of Demos in Croatia, MFC Spotlight Note #7, (pdf file - 352 KB)
  Caroline Tsilikounas and Biserka Kljaic, February 2004

• Role of Microfinance in the Household Reconstruction Process in Bosnia and Herzegovina, MFC Spotlight Note #6, (pdf file - 461 KB)
  Michal Matul and Caroline Tsilikounas, January 2004

• Realising Mission Objectives - A Promising Approach to Measuring the Social Performance of Microfinance Institutions, MFC Spotlight Note #5, (pdf file - 349 KB)
  Katarzyna Pawlak and Michal Matul, November 2003

• Scoring Change; Prizma's Approach to Assessing Poverty, MFC Spotlight Note #4, (pdf file - 230 KB)
  Michal Matul and Sean Kline, November 2003

• Improving Cost-Effectiveness of Exploratory Practitioner-Led Research:Key Factors to Consider When Selecting Tools, MFC Spotlight Note #3, (pdf file - 299 KB)
  Katarzyna Pawlak and Michal Matul, July 2003

• Sustaining Social Performance. Institutionalising Organisational Learning and Poverty Outreach at Prizma, MFC Spotlight Note #2, (pdf file - 246 KB)
  Sean Kline, June 2003

• Challenging the Industry: Poverty-Focused Microfinance in CEE and the NIS, MFC Spotlight Note #1, (pdf file - 311 KB)
  Michal Matul , March 2003

• SYNTHESIS REPORT ON THE AIMS/MFC IMPACT ASSESSMENT PROJECT (1999-2000) , MFC Report, (pdf file - 119 KB)
  MFC, 2001

• The State of Microfinance in Central and Eastern Europe and the New Independent States (pdf file - 1.44MB)
  Sarah Forster, Seth Greene, and Justyna Pytkowska
  
  Executive Summary [English] [Russian]
  Foreword (54 KB) [Download]
  Acknowledgements (11 KB) [Download]
  Authors and Contributors (15 KB) [Download]
  Chapter 1: Introduction (48 KB) [Download]
  Chapter 2: The CEE and NIS Regional Context for Microfinance (60 KB) [Download]
  Chapter 3: Organisational Models of Microfinance in the Region (117 KB) [Download]
  Chapter 4: Industry Profile (275 KB) [Download]
  Chapter 5: Poverty Outreach (145 KB) [Download]
  Chapter 6: Financial Performance (196 KB) [Download]
  Chapter 7: Access to Finance (143 KB) [Download]
  Chapter 8: Legal and Regulatory Environment for Microfinance (73 KB) [Download]
  Chapter 9: A Framework for Action (82 KB) [Download]
  Appendix 1: The Microfinance Centre for CEE and NIS (15 KB) [Download]
  Appendix 2: Study Research Methodology and Data Limitations (18 KB) [Download]
  Appendix 3: Data Tables (64 KB) [Download]
  Appendix 4: Microfinance Institutions Identified in the Study (33 KB) [Download]
  Appendix 5: Funders Identified in the Study (11 KB) [Download]
  Appendix 6: Funder Information (91 KB) [Download]
  Bibliography (12 KB) [Download]

• Directory of Funders (pdf file - 520 KB)
  
  Index (9 KB) [Download]
  Tables (115 KB) [Download]

• Sustainable Expansion Strategies (pdf file - 811 KB)

  
  
  Introduction (133 KB) [Download]
  Case studies of: AGROINVEST, CONSTANTA, EKI, FINCA, FORA, KEP (298 KB) [Download]
  Case studies of: KAFC, KCLF, MCM/OI, MI-BOSPO, MIKROFIN, MIKRA (278 KB) [Download]
  Case studies of: Partner, Prizma, RMWN, Sunrise, WMC, XacBank (364 KB) [Download]
  

• Microfinance In Poland. Unutilised Potential for Financing Income Generating Activities (pdf file - 196 KB)

  Available only in Polish.
  The book presents the state of Polish microfinance sector and proposing the steps necessary to improve current situation.

• MFC/AIMS tools testing in C&EE and the NIS - Report (zip file - 922KB)

• Backward Fiscal Cash Refund. A new UNDP BiH Approach to Poverty Reduction, Technical Brief for Non-specialists, UNDP B&H, August 2006

• Microfinance Institutions: Profitability at the Service of Outreach? A Study of the Microfinance Industry in the ECA Region, Raphael Olszyna-Marzys, College of Europe, Bruges Campus

• Microfinance Sector in Bosnia and Herzegovina, AMFI, Bulletin, December 2005

• Report on Baseline Survey: Clients of Microcredit Organizations in Bosnia and Herzegovina, This report is the result of the first phase of the 3-year impact assessment conducted by LIP II (PDF file - 1 736KB)

• Case Study Report: "... Then I Learned I Could Get a Loan ..."., This report is the result of the second phase of the 3-year impact assessment conducted by LIP II. (PDF file - 2 874KB)

• Report on Impact of Microcredit on Clients in Bosnia and Herzegovina. This report represents the findings of a 3-year impact assessment conducted by LIP II. (PDF file - 2 874KB)

• Kazakhstan�s Microfinance Law Opportunities and Future Challenges, Janice K. Stallard, ACDI/VOCA Central Asia Microfinance Alliance, June 2005 (PDF file - 66KB)

• Microfinance Experience in Savings, Translated by CAMFA(doc file - 353KB)

• Review of Microfinance Industry of the Kyrgyz Republic, Aigul Ordokova, Asian Development Bank, 2004 (pdf file - 104KB)

• Benchmarking Microfinance in Eastern Europe and Central Asia, Mark Berryman, Microfinance Information eXChange (MIX), May 2004 (pdf file - 338KB)

• A Review of the Bosnian Microfinance Sector: Move to Financial Self-Sufficiency, Mark Berryman and Justyna Pytkowska, May 2004 (pdf file - 112KB)

• Depth of Outreach and Financial Self-Sufficiency (pdf file - 80 KB)
  MIX Data Brief vol.1, issue 1

• Microfinance in Post Communist Countries: The Case of Poland
  Paola Caruso
  • Part 1 (pdf file - 619 KB)
  • Part 2 (pdf file - 359 KB)
  • Part 3 (pdf file - 899 KB)

• Definitions of Selected Financial Terms, Ratios, and Adjustments for Microfinance [English/Russian/Bosnian/Serb/Croatian/Albanian]

• Staff Incentive Schemes Toolkit (doc file - 838 KB)