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Partners of the Microfinance Group
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IIMB:
The Indian Institute of Management Bangalore has been committed to the
cause of management education in the country. In keeping with its
endeavour to achieve excellence through partnerships, IIMB actively
associates with all its stakeholders to establish and maintain working
relationships that are mutually beneficial. These include partnerships
with industry, corporations, government and NGOs
in consulting, education, research and entrepreneurship. The Microfinance
Group is an initiative to develop a regional centre for microfinance for
the education of managers and policymakers who are already working or have
demonstrated an interest in the field of microfinance. IIMB is a partner
institution of the Microfinance Management Institute (MFMI). |
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SIDBI:
the Small Industries Development Bank of India, an apex financial
institution for promotion, financing and development of small-scale
industries in India, is one of the leading players in the microfinance
activity. SIDBI has launched a major project christened "SIDBI
Foundation for Micro Credit" (SFMC) as a proactive step to facilitate
accelerated and orderly growth of the microfinance sector in India. It
also advocates appropriate performance benchmarks, policies, and
regulation to create a more formal, extensive, and effective microfinance
sector serving the poor in India.
SIDBI
is the sponsor of the IIMB Microfinance Incubator programme.
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NSRCEL:
The N. S. Raghavan Centre for Entrepreneurial Learning at IIMB has a
state-of-the-art incubator to help entrepreneurs launch their business
plans into commercially viable products and services. The incubator can
house about ten teams of 4-6 members each. This is an endeavour, wherein
entrepreneurial energy is facilitated by the IIMB academic community and
industry interfaces. NSRCEL’s vision is to be a world-class centre of
excellence for seeding, nurturing and promoting entrepreneurship with
emphasis on start-ups and existing organizations with high growth
potential. |
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MFMI:
The
mission of the MFMI is to advance capacity in microfinance management
worldwide. It has a collaborative programme with six management
institutions worldwide (including IIMB) in the “Microfinance in MBA
Programs” project to introduce microfinance in mainstream management
education. |
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CGAP:
the Consultative Group to Assist the Poor, a consortium of 29 private and
public sector donors, is a service provider and a recognized center of
excellence for the microfinance industry. Its core functions are that of a
standard setter, convening platform, incubator of innovations, knowledge
center, and information clearinghouse. CGAP has been housed at the World
Bank in Washington, D.C. since 1995. |
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OSI:
the Open Society Institute was established in 1993 by the investor and
philanthropist George Soros to foster open society and collaboration among
NGOs, international institutions and government agencies. OSI works in
more than 50 countries to implement a range of projects and initiatives in
education, media, public health, women's rights, social, legal and
economic reform and the shaping of government policy. |
Microfinance Industry Partners
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Myrada |
Myrada
is
a non-governmental organisation managing development programmes with a
specific focus on building appropriate institutions of poor people. It
manages 15 projects in three states of South India and provides on-going
support, including deputations of staff to development programmes in other
parts of India, South Asia and South East Asia. It pioneered the SHG
movement in India and facilitated the development of the SHG-Bank Linkage
Programme in collaboration with NABARD; it promoted Sanghamithra, a
not-for-profit MFI. |
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FWWB-India:
Friends
of Women’s World Banking, India, an affiliate of Women’s World
Banking (WWB) was established in 1982 as a non-profit organisation to
promote direct participation of poor women in the economy through access
to financial services. It was created to extend and expand informal credit
supports and networks within India and link them to a global movement.
FWWB’s strategy focuses on building the capacity of promising and
committed microfinance institutions to play a leading role in providing
financial services to the poor. Currently FWWB works in 11 states with 79
organisations, funding 186,170 poor women borrowers. |
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SKS:
Swayam Krishi Sangam's mission is to empower the poor to become
self-reliant. SKS carries this out through a community-owned grameen
(village) banking programme that provides poor women loans for both
income-generating activities as well as for emergencies. Since 1998, SKS
has been working in the Telengana region of Andhra Pradesh and intends to
expand to similar parts of Karnataka and Maharashtra. |
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