Weighted average tenor of loans outstanding on the organization’s balance sheet as of the end of the reporting period, measured in months.
Organizations should footnote all assumptions used.
This metric is intended to capture a weighted average life calculation of the tenor of loans that have neither been fully repaid nor written off as of the end of the reporting period. Organizations should report this weighted average tenor in months.
June 2022 - IRIS v5.3 Released (current version)
Immaterial change. Minor revisions to definition and usage guidance for clarity.
January 2020 - IRIS v5.1 Released
No change.
May 2019 - IRIS v5.0 Released
No change.
March 2016 - IRIS v4.0 Released
New metric. Weighted Average Tenor of Loans Outstanding (PD3079) was developed via the IRIS Taxonomy Group.
IRIS Metrics Work Better in Sets
To use IRIS metrics—and the resulting data—to understand impact performance, IRIS metrics should be used and analyzed in generally accepted sets and according to well-defined objectives. IRIS+ gives you access to generally accepted Core Metrics Sets aligned to common Impact Themes and Sustainable Development Goals (SDGs).