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MICROFINANCE INDUSTRY IN INDIA

SHGs-Banks Linkage

Need
Ease of Access to Affordable Credit Microfinance services needed for low income people in rural regions

Bank deposits No Bank Accounts No access to Credit Non-Institutional share

30% 30% 70% 87% 36% 70% Poor

Initiators & Developers


MFIs, NGOs, Banks -- innovative boosts RBI and NABARD fruitful use of huge network base, rurally. Various major players:
NABARD,

SIDBI, Rashtriya Mahila Kosh, FWWB, Share

Microfin.

Types of MFIs
Non-Profit MFIs For Profit MFIs Mutual Benefit MFIs