Members

The World Bank Group

unnamedThe World Bank Group is a vital source of financial and technical assistance to developing countries around the world. It is not a bank in the ordinary sense but a unique partnership to reduce poverty and support development. The World Bank Group comprises five institutions managed by their member countries. The World Bank Group aims to end extreme poverty by decreasing the percentage of people living on less than $1.25 a day to no more than 3% and to promote shared prosperity by fostering the income growth of the bottom 40% for every country by 2030. Established in 1944, the World Bank Group is headquartered in Washington, D.C and has more than 10,000 employees in more than 120 offices worldwide.

Small Industries Development Bank of India

sidbiSmall Industries Development Bank of India (SIDBI) is the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector and for co-ordination of the functions of the institutions engaged in similar activities in the country. The business domain of SIDBI consists of Micro, Small and Medium Enterprises (MSMEs), which contribute significantly to the national economy in terms of production, employment and exports.

Department for International Development

Department for International Developmentdfid (DFID) leads the UK’s work to end extreme poverty. DFID is ending the need for aide by creating jobs, unlocking the potential of girls and women and helping to save lives when humanitarian emergencies hit. DFID is a ministerial department, supported by two agencies and public bodies.

Michael and Susan Dell Foundation

Michael and Susan Dell Foundationdell (MSDF) is a private foundation dedicated to transforming the lives of children living in urban poverty through better health and education. The India office was opened in 2006 and focuses on urban programs that foster high-quality education and childhood health, and improves family economic stability among India’s urban poor, centered in 15 major cities.

Dia-Vikas

diaDia Vikas Capital, India is a subsidiary of global microfinance and enterprise development impact investor –  Opportunity International Australia, a  member of the Opportunity International Network. Dia Vikas was established in early 2008 as a social investor to fill the gap of social investment and thereby support the growth of Indian microfinance sector and encourage the development of start-up operations in underserved areas. Dia Vikas partners with microfinance institutions to directly touch the lives of millions of people in profound need in an effective and very efficient way. Dia currently partners with 12 socially focused microfinance institutions that serve over 6.05 Million poor through provision of credit, savings, insurance, remittance and pension products. Dia Vikas  has been championing the adoption of a strong Social Performance Management and community engagement framework amongst its partner institutions.

Sa-Dhan

Sa-Dhan, the Association of Community Development Finance Institution has been working for more than one and a half decades in supporting and strengthening the agenda of Financial Inclusion in India and creates a space and understanding of microfinance with policy makers, bankers, government, researchers and practitioners. Its membership base of 214 institutions including Banks, Rating agencies and Capacity Building agencies, represent all legal forms and operating models. Its membership network reaches out to approximately 33 million clients with loan outstanding of more than Rs. 33,000 crores and to over 90% districts in India. Sa-Dhan focuses on enabling policy interventions, adoption of standards and responsible finance practices by its members as well as their capacity building. It has recently been recognised as a Self-regulatory organization for the Microfinance Sector.

Access-Assist

accessAccess-Assist, an affiliate of ACCESS Development Services set up in 2009, works in the area of technical assistance, knowledge and policy advocacy to promote responsible microfinance and financial inclusion. ASSIST also engages with supply side actors to catalyze greater fund flows to the poor and has initiatives for promoting financial awareness and literacy among clients.

Microfinance Institutions Network

mfinMicrofinance Institutions Network (MFIN) is the industry association for NBFC-MFIs in India and is also the first self-regulatory organization (SRO) to ensure responsible lending and client protection. MFIN works closely with other key stakeholders and plays an active part in the larger financial inclusions dialogue through the medium of microfinance. Sa-dhan: Sa-dhan, the Association of Community Development Finance Institution has been working for more than one and a half decades in supporting and strengthening the agenda of Financial Inclusion in India and creates a space and understanding of microfinance with policy makers, bankers, government, researchers and practitioners. Its membership base of 214 institutions including Banks, Rating agencies and Capacity Building agencies, represent all legal forms and operating models. Its membership network reaches out to approximately 33 million clients with loan outstanding of more than Rs. 33,000 crores and to over 90% districts in India. Sa-Dhan focuses on enabling policy interventions, adoption of standards and responsible finance practices by its members as well as their capacity building. It has recently been recognised as a Self-regulatory organization for the Microfinance Sector.

Business Correspondent Federation of India

bcfiBusiness Correspondent Federation of India (BCFI) is the national federation of Business Correspondents in India and acts as a self-regulating organization (SRO) for facilitating financial inclusion, its awareness, delivery, servicing and customer protection; public policy and regulatory advocacy, research and market surveys, and support research and collaborative development activities related to Business Correspondent activities.

Individual Members

Responsible Finance Forum has senior microfinance practitioners, Mr. Brij Mohan and Mr. Narasimhan Srinivasan as members who guides the Forum in its strategy and activities.