MICROCAPITAL BRIEF: In India, MFIs, State Government Agree on Assam Microfinance Relief, Incentive Scheme for Women Borrowers Struggling with COVID-19 Impacts

The government of the Indian state of Assam recently announced it has reached an agreement with 38 microfinance institutions (MFIs), many of which are members of the self-regulating Microfinance Institutions Network (MFIN), to launch the Assam Microfinance Incentive and Relief Scheme (AMFIRS). For those who have been late repaying their microloans, the “relief under the scheme shall be extended to…

MICROCAPITAL BRIEF: Code for Responsible Lending Assessment Tool to Incorporate Comprehensive Credit Reporting, Microfinance Institutions to Increase Frequency of Reports to Credit Bureaux

The Code for Responsible Lending (CRL), an initiative serving microlenders in India, recently began developing a new credit assessment tool for evaluating loan applications from low-income households. The tool is intended to help lenders “go beyond multiple/over lending limits and more systematically evaluate the low-income customer

MICROFINANCE EVENT: Microfinance & NBFCs Exhibition Cum Conference; October 11, 2018; Kolkata, India

The Fifth Microfinance & NBFCs Exhibition Cum Conference is intended to provide business development opportunities for microfinance institutions (MFIs) and non-banking financial companies (NBFC). The conference agenda includes case studies of NBFCs and MFIs; leadership awards; and panel discussions with titles such as: (1) Adoption and Affordability of Technologies: Challenges & Implications; (2) Safe & Secure Digital Customer Services; (3) and Collaboration & Partnerships: Key for Sustenance in the Changing Economy.

The confirmed list of