Microfinance Institutions Network (MFIN) is an association for the microfinance sector in India. Its member organizations constitute the leading microfinance institutions in the country.

MFIN was created to promote the key objectives of microfinance, which is to help economically under served communities achieve greater financial independence and build sustainable livelihoods. MFIN seeks to work closely with regulators and other key stakeholders to achieve larger financial inclusions goals through microfinance.

MFIN is a primary representative body and the Self-Regulatory Organization (SRO) for Non Banking Finance Companies (NBFC) Microfinance Institutions (MFIs) regulated by the Reserve Bank of India (RBI). MFIN currently has a membership of 42 NBFC MFIs, which on an aggregate basis constitute over 89% of the microfinance business in India.

What They Do
 

MFIN’s work hinges on its three verticals of Self Regulation, Advocacy & Development and Research & Analytics. Through self regulation, we hold ourselves to high levels of transparency and good governance. The client is at the centre of all we do and client protection and responsible lending go hand in hand to strengthen the financial inclusion dialogue. Our research & Analytics work provide market intelligence for critical decision making and are used by various stakeholders to understand the state of the sector.