Number of loans disbursed by the organization during the reporting period.
Organizations should footnote all assumptions used.
This metric is intended to capture how many loans the organization disbursed during the reporting period. Microfinance institutions (MFIs) using a group-lending methodology should count separately under this metric every individual who is responsible for repaying a portion of a group loan, unless another definition is footnoted.
June 2022 - IRIS v5.3 Released (current version)
Immaterial change. Minor revision to 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
No change.
March 2014 - IRIS v3.0 Released
Material change. Number of Loans - Disbursed (PI8381) replaced Loans Closed - Number of Investments (PI8381). Metric name and definition language modified to provide clarity based on best practices and standard guidance.
November 2011 - IRIS v2.2 Released
No change.
February 2011 - IRIS v2.1 Released
No change.
September 2010 - IRIS v2.0 Released
New metric. Loans Closed - Number of Investments (PI8381) was developed via the Financial Services Working 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).