MFIN released its Flagship Publication ‘Micro Matters: Macro View- India Microfinance Review | FY23-24’ in Mumbai, yesterday . All the Board members along with senior leadership of MFIN were present. #microfinance #financialinclusion #womenempowerment #inclusivefinance #nbfcmfi #banks #sfb #publication #rbi
About us
Microfinance Industry Network (MFIN) is an Association of Non-Bank Finance Company Micro Finance Institutions (NBFC-MFIs). It was established in October 2009 as the primary representative body of NBFCs engaged in the business of Microfinance. Since its establishment, MFIN has been promoting the key objectives of Microfinance in India and as the Self-Regulatory Organization for the industry, has been working to establish guidelines for responsible lending and client protection. Mission: MFIN’s primary objective is to work towards the robust development of the microfinance sector, by promoting responsible lending, client protection, good governance and a supportive regulatory environment Vision: To be an engine of inclusive growth for India and help provide financial services to 100 million low income households by the year 2020, in a responsible and transparent manner.
- Website
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http://mfinindia.org/
External link for Microfinance Industry Network (MFIN)
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- Gurugram, Haryana
- Type
- Nonprofit
- Founded
- 2009
- Specialties
- Microfinance
Locations
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Primary
Get directions
4th Floor,Emaar Palm Spring Plaza
Golf Course Road
Gurugram, Haryana 122003, IN
Employees at Microfinance Industry Network (MFIN)
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Alok Misra
CEO & Director at Microfinance Industry Network (MFIN) I Professor, Public Policy & Governance, MDI (On EOL) I Boards/Governing Council: South Asia…
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Swetan Sagar
Head – Advocacy and Development at Microfinance Institutions Network
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Vinay Kumar Singh
Microfinance Industry Network (MFIN) | Financial Inclusion | Self Regulation | Research | Public Policy | Aviva | Citibank NA | IIT Kanpur| IIM…
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Devendra Shahapurkar
Contributing to build a strong ecosystem, that efficiently drives the national agenda of financial inclusion; that is much needed for overall growth…
Updates
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MFIN CEO&Director Dr. Alok Misra spoke at the NDTV conclave “Financing the Future for Emerging business”. The event took place on 19th December. #microfinance #entrepreneurship #financialinclusion #inclusivefinance #msme #nbfcmfi #sfb #bank #ndtv
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MFIN published a video series on “Digital Frauds”. This series consists of 5 short videos, elaborating on common frauds like AePS, Phishing Scam, Extortion, and talks about the Dos & Don’ts which the borrowers as well as the lenders must follow to keep themselves safe from such frauds. One can find these videos on MFIN’s website: https://lnkd.in/g5kzxk-6 Please feel free to repost so that it reaches the wider audience.🔁 You can also find the videos on YouTube: AePS Fraud: https://lnkd.in/gufgBV7A Phishing: https://lnkd.in/g85tCG_b Extortion: https://lnkd.in/gBU5en34 Dos & Don’ts: https://lnkd.in/geHsqaft What should lenders do?: https://lnkd.in/gaw-Ymhw #digitalfrauds #fraudprevention #aepsfraud #phishing #extortion #customerprotection #rbi #nbfcmfi #sfb #banks #awareness #education #financialliteracy #financialinclusion #financialempowerment
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MFIN organised Microfinance Awareness Programmes in Sitamarhi district of Bihar and in Palamu district of Jharkhand from 27th to 29th November. A total of 244 and 288 women borrowers actively participated in the event held in Bihar and in Jharkhand respectively. Borrowers were informed about the customer grievance redressal procedure, importance of maintaining clean credit history, and were cautioned against unauthorised loan waiver campaigns. Lead MFI for this program were IIFL Finance and Midland Microfin Ltd. All the microfinance institutions operating in the districts were also involved in the program #workshop #microfinance #training #awareness #digitalfrauds #financialinclusion #msme #nbfcmfi #banks #mfis #sfb #banking #financialliteracy
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MFIN organized Microfinance Awareness Program in Athagarh, Cuttack on December 13 & 14. Around 150 microfinance customers participated in the event. The MFIs that took the lead in this awareness programme were Fusion Finance Ltd. and CreditAccess Grameen Limited. Shri Manas Ranjan Behera, Assistant Collector, Athagarh, while appreciating the initiative, delivered a detailed speech emphasizing the importance of financial literacy, timely loan repayment, awareness against digital frauds among other things. #workshop #microfinance #training #awareness #digitalfrauds #financialinclusion #msme #nbfcmfi #banks #mfis #sfb #banking #fnancialliteracy
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MFIN is delivering Depositors Education and Awareness (DEA) Workshops under the aegis of DEA Fund Cell, RBI in partnership with MFIN members. Overall 2,131 workshops are to be organized of which 269 workshops will be held in 13 states and 79 districts with 9 Members in the first bi-month between December 1, 2024 and January 31, 2025. So far, 8 workshops have been conducted successfully. #workshops #education #awareness #financialinclusion #digitalinclusion #rbi #nbfcmfi #banks #banking #finance #sfb #microfinance #inclusivefinance #training #development #literacy
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In an exclusive interview with CNBC-TV18, Dr. Alok Misra talks about issues like loan utilisation check by lenders and about measures to ensure adherence to MFIN Guardrails. Amidst tightening of lending norms for micro loans, Dr. Misra is positive about stability in the sector by next quarter. #microfinance #nbfcmfi #banks #sfb #guardrails #cnbc #microloans #regulations #rbi #financialinclusion #inclusivefinance #monitoring
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🚀Ready to take your microfinance career to the next level with MFIN’s support? Introducing the Microfinance Certification Program for field officers!! 📚 Comprehensive curriculum – Core topics + advanced modules 🌐 Flexible online learning – Study at your own pace 🔒 AI-proctored exams for secure assessments COMING SOON in 2025. Stay tuned for more! #microfinance #certification #certificationexam #onlineexam #remoteproctored #aiproctored #nbfcmfi #banks #coretopics #advancedmodules #assessment #fieldofficers #loanofficers #hr #hrheads #learning #education #development #capacitybuilding #financialinclusion #banking #finance
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MFIN held a lenders meet on 18th October in Mumbai to brief them about state of sector and also take their suggestions. 17 lender banks were present. #microfinance #financialinclusion #banks #sfbs #mfis #nbfcmfis
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