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    Home»MICROFINANCE

    Microfinance Institutions Network – MFIN Members List

    By ADITYAUpdated:August 8, 2020
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    MFIN is the national organisation of Microfinance NBFC’s in India and consists of those microfinance companies which are regulated by the Reserve Bank of India. Initially 31 Non Banking Finance Companies involved in Microfinance came together to form MFIN.

    MICROFINANCE INSTITUTIONS NETWORK INDIA

    Microfinance Institutions Network (MFIN) is a self-regulatory organization of NBFC MFIs that aims to work with regulators to promote microfinance to achieve larger financial inclusion goals.

    mfin_logo_132

    MFIN is supported by Omidyar Network, a philanthropic investment firm, and the International Finance Corporation (IFC), a member of the World Bank Group. Omidyar Network is funding the project to support MFIN in its above efforts. IFC is providing advisory services and technical consultancy to Alpha in its effort to get the credit bureau services being made available to the MFI sector.

    The Board of MFIN currently consists of Vijay Mahajan (Chairman, Basix) as Chairman, Chandrasekar Ghosh (CEO, Bandhan), Rekam Jayasurya (CEO, Asmitha), Shubhankar Sen Gupta (CEO, Arohan) , Ajay Verma (MD & CEO , Sahayata Microfinance), H P Singh (CMD, Satin Creditcare Network), Samit Ghosh (CEO, Ujjivan) and P.N.Vasudevan (MD, Equitas Microfinance) as Directors.

    ALPHA MICRO FINANCE CONSULTANTS P LTD

    MFIN members have invested in Alpha Micro Finance Consultants P Ltd (Alpha), which in turn has invested Rs. 2 Crore in setting up a credit bureau which will help improve credit risk management within the sector and ensure multiple borrowing and over indebtedness is checked

    LATEST LIST OF MFIN MEMBERS

    1. Anjali Micro Finance
    2. Arohan Financial Services Ltd
    3. Asirvad Microfinance Ltd.
    4. Asmitha Microfin Ltd.
    5. Bandhan Financial Services Pvt Ltd
    6. Bhartiya Samruddhi Finance Ltd
    7. BWDA Finance Ltd
    8. CDC Microfinance Pvt. Ltd
    9. Credible Micro Finance P Ltd
    10. Equitas Micro Finance India Private Ltd
    11. ESAF Microfinance and Investments P Ltd
    12. Fullerton India
    13. Grama Vidiyal
    14. Grameen Financial Services P Ltd
    15. Growing Opportunity
    16. Hand in Hand
    17. Janalakshmi Financial Services Pvt Ltd
    18. L&T Finance
    19. Madura Micro Finance Ltd.,
    20. Mimoza Enterprise Finance Pvt Ltd
    21. S.M.I.L.E. Microfinance Ltd / Mahasemam
    22. Sahayata Microfinance P Ltd
    23. Samasta
    24. Satin Creditcare Network Ltd
    25. Share Microfin Ltd
    26. SKS Microfinance Ltd
    27. Sonata Finance Pvt Ltd
    28. Spandana Sphoorty Financial Ltd
    29. Suryoday
    30. SWAWS Credit Coporation India (P) Ltd
    31. Trident MicroFin P Ltd
    32. Ujjivan Financial Services Pvt Ltd
    33. Utkarsh Microfin
    34. Village Financial Services Pvt Ltd

    Alpha Micro Finance Consultants P Ltd Anjali Micro Finance Arohan Financial Services Ltd Asirvad Microfinance Ltd Asmitha Microfin Ltd Bandhan Financial Services Pvt Ltd Bhartiya Samruddhi Finance Ltd BWDA Finance Ltd CDC Microfinance Pvt. Ltd Credible Micro Finance P Ltd Equitas Micro Finance India Private Ltd ESAF Microfinance and Investments P Ltd Fullerton India Grama Vidiyal Grameen Financial Services P Ltd Growing Opportunity Hand in Hand Janalakshmi Financial Services Pvt Ltd L&T Finance Madura Micro Finance Ltd Mahasemam mfin code of conduct mfin india MFIN Members List Microfinance Institutions Network microfinance network india Mimoza Enterprise Finance Pvt Ltd Rekam Jayasurya S.M.I.L.E. Microfinance Ltd Sahayata Microfinance P Ltd Samasta Satin Creditcare Network Ltd Share Microfin Ltd Shubhankar Sen Gupta sks microfinance ltd Sonata Finance Pvt Ltd Spandana Sphoorty Financial Ltd Suryoday
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    ADITYA

    Aditya is a talented content writer with a passion for crafting engaging and informative content that resonates with readers. With 10 years of experience in the industry, he has honed his writing skills to produce high-quality content across a wide range of topics.

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