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Sa-Dhan is an industry association of Community Development Financial Institutions (CDFIs) including Microfinance Institutions (MFIs) in India. Sa-dhan’s mission is to build the field of community development finance in India to help its member and associate institutions to better serve low-income households, particularly women, in both rural and urban India, in their quest for establishing stable livelihoods and improving quality of life.

Equitas Micro Finance India Private Limited is a member of the Sa-dhan.

web site : www.sa-dhan.net

 


 

Micro Finance Institutions Network (MFIN) is a self-regulatory organization (SRO) of NBFC MFIs that aims to work with regulators to promote microfinance to achieve larger financial inclusion goals. MFIN has also defined a Code of Conduct which focuses on fair practices with borrowers including promoting transparency, fixing overall lending limits at client level, data sharing, recruitment practices, whistle blowing and enforcement mechanisms. Members have committed to communicate interest rates on reducing balance method and other charges clearly to members while following fair recovery mechanisms. A whistle blower policy allows violation of Code by any member to be reported to the Enforcement Committee which would investigate and take action against the erring MFI. An Ombudsman is also being appointed for any appeal against the Enforcement Committee decisions and the final action in case of continued violation of the code would be cessation of membership of MFIN for such erring member.

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.

Equitas Micro Finance India Private Limited is a founder member of MFIN.

web site : www.mfinindia.org 

 


 

The Banking with the Poor Network (BWTP Network) is Asia’s microfinance network that works towards building efficient, large-scale sustainable organisations, through co-operation, training and capacity building with the aim of achieving innovative, appropriate and demand-driven financial services for the poor. The Network is an association of a diverse range of microfinance stakeholders committed to improving the quality of life of the poor through promoting and facilitating their access to sustainable financial services. The BWTP Network is an initiative of the Foundation for Development Cooperation and its Secretariat is based in Singapore.

Equitas Micro Finance India Private Limited is a member of BWTP.

web site : www.bwtp.org

 

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