Strengthening the Ecosystem

National Level

MFIN strives to create a favourable environment for the industry to deliver microfinance services with ease. To do this, MFIN invests in building strong relationships with all its stakeholders to ensure that the contribution of microfinance in the national agenda of financial inclusion is well established.

MFIN has established Task Forces for focused action on specific areas of activities that, from an overall industry standpoint, are deemed critical. The Task Forces comprise of representatives of member institutions who help drive specific initiatives with the support of the MFIN Secretariat. The Advocacy & PR Task Force is responsible for steering and guiding the advocacy agenda within MFIN. The Task Force engages with key policy makers and sector participants to create a conducive policy and business environment for the industry. MFIN engages with the key stakeholders of the microfinance industry including Reserve Bank of India (RBI), National Bank for Agriculture and Rural Development (NABARD), Ministry of Finance (MoF), Micro Units Development & Refinance Agency (MUDRA), Small Industries Development Bank of India (SIDBI), Insurance Regulatory and Development Authority (IRDA), Insolvency and Bankruptcy Board of India (IBBI) and Unique Identification Authority of India (UIDAI). MFIN is also a part of various think tanks and discussion forums including the RBI’s Financial Inclusion Advisory Committee, the MUDRA Board, PSIG Think Tank, and the Access Assist Advisory Group.

National Level Advocacy

State and District Level

MFIN’s objective of creating an enabling ecosystem is met by the team’s active engagement with State Governments which is driven by the Task Force on State Initiatives where MFIN engages with diverse set of external stakeholders at the regional, state, district level ranging from Law Makers, Bureaucracy, Administration, Law and Order, Regulators, Inter Institutional Formal structures to create a positive understanding of mission, objective, implementation and impact of microfinance.

State Level Advocacy

Police Conclaves

Photo Feature

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