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MicroFinance Institutions Network (MFIN)
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 (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 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.
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