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Provided by MicroSave.
This series of interviews is are from MicroSave’s Action Research Partners (ARPs) sharing their thoughts on the issues and challenges of establishing an MFI in India.
India has witnessed a rapid growth in the microfinance sector in the past decade. MicroSave partners with a range of financial institutions to contribute to a systematic development, as scale of operations and systematic growth are key to an MFI’s success. The collaborative synergy enables start-up MFIs to build robust systems, enhance efficiency, reduce portfolio at risk and significantly increase outreach and profitability and be able to mitigate risks.
With support from RBS Foundation India, MicroSave has been working with over forty start-up MFIs in the remote and unreached areas of India, to promote financial inclusion. It also works with new generation MFIs such as Drishtee and Arohan, who focus on new delivery channels, innovative products and systematic growth.
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sir
i would like to start mfi in rural areas to provide financial and technical services to the rural poor ..
can u pl guide me and provide detils of start up cost and process etc