Archive- Partnership & Collaboration
MFIN has partnered with the International Finance Corporation (IFC), the private sector arm of the World Bank group, on initiatives designed to strengthen the Microfinance industry. IFC provided critical financial and technical assistance for developing the Credit Bureau infrastructure for Microfinance clients in India. MFIN and IFC completed a Compensation Benchmarking survey for MFIN member MFIs in 2013. Currently the two are collaborating on a pan-India Credit Bureau Financial Awareness campaign for Microfinance clients. In addition to these initiatives, IFC has, from time to time, partnered with MFIN to host round tables and conferences intended to create awareness around the issues facing MFIs in India.
MFIN partnered with the Micro Finance Center (MFC), Poland, on an initiative to help member MFIs strengthen Social Performance Management for their organizations. MFC, through the Ford Foundation funded Social Performance start-up fund, provided financial and technical assistance to facilitate better implementation of social performance related initiatives, as well as to encourage more effective monitoring and reporting on social performance metrics by MFIN members.
MFIN has partnered with The Smart Campaign, an initiative of the global microfinance industry, housed at the Center for Financial Inclusion at ACCION, to ensure that the Campaign’s Client Protection Principles, which are integral to the Industry Code of Conduct, are adopted uniformly across member MFIs. The Smart Campaign has been training staff and leaders of MFIs across India and carrying out assessments of their on-the-ground practices, and assisting organizations to upgrade practices where needed.
MFIN has endorsed the Progress out of Poverty Index (PPI) designed by the Grameen Foundation. The PPI is a useful tool to enable MFIs determine poverty levels of their clients, and thereby determine the clients’ needs and identify programs that are most effective in meeting those needs. MFIN is collaborating with the Grameen Foundation India to identify ways in which members can use PPI more effectively. MFIN was also a member of the Advisory Committee for the Karnataka Poverty Outreach Survey being conducted by Grameen Foundation India.
MFIN is a member of the SEEP Network, a global network of over 130 international practitioner organizations dedicated to combating poverty through promoting inclusive markets and financial systems. SEEP represents the largest and most diverse network of its kind, comprised of international development organizations and global, regional, and country-level practitioner networks that promote market development and financial inclusion.
MFIN collaborated with GIZ to conduct a workshop to discuss the feasibility of NBFC-MFIs becoming Business Correspondents (BCs) of Banks. The workshop was followed by a survey conducted by MFIN to assess the viability of NBFC-MFIs as BCs and the challenges thereof. The results of the survey will serve as inputs to a study being conducted by GIZ to determine the viability of NBFC-MFIs as BCs.
MFIN has partnered with the Microfinance Information eXchange, Inc. (MIX) to develop a comprehensive microfinance industry Information Hub. This initiative provides ready access to industry data, thus providing greater transparency to external stakeholders.
MFIN has partnered with Microfinance Transparency (MFT) to update and publish pricing data for the loan products from Indian Microfinance Institutions (MFIs) to improve transparency within Indian microfinance industry.
Research Reports & White papers
GIZ – MFIN study on MFIs as Business Correspondents of Banks
|1||Findings of the online survey||Download|
Microfinance 3.0 | Reconciling Sustainability with Social Outreach and Responsible Delivery
|1||Microfinance in India: Lessons from the Andhra Crisis - Chapter authored by Vijay Mahajan, T. Navin||Download|
Rural Marketing Magazine | October 2013 | Section – CEO Speak
|1||Regulatory Duality is never good for development of Industry Excerpts from Mr Alok Prasad’s interview||October 2013||Download|
Banking Structure in India: The Way Forward
|1||A discussion paper by the RBI | Aug -2013||Aug -2013||Download|
Microfinance Vision Report
|1||Microfinance Vision Report||Download|
FICCI’s Financial Foresights | Vol. No. 3 | Issue No. 5 | Q4 FY 12-13
|1||NBFC-MFI: The Beacon of Financial Inclusion - An article by Mr Alok Prasad, CEO, MFIN||Download|
MFIN Media Update
|1||MFIN media update – 22nd March 2013 - A comprehensive media docket by MFIN||22nd March 2013||Download|
Time is Now
|1||Time is Now – Enactment of MFI Bill, 2012 - A comprehensive white paper by MFIN||2012||Download|