Institutional Support and Inclusive Finance Development Programme in India
MicroSaveis currently working with Opportunity International Australia (OIA) / Dia-Vikas Capital Pvt. Ltd, a social investor, to support the growth of Indian microfinance sector and encourage the development of start-up MFIs in underserved areas.
Specifically, our team is assisting Dia-Vikas to:
Identify, and support high potential MFIs – particularly in the North, East, and North-East of India
Extend capacity building support to 25 financial institutions in areas of strategic business plans/financial planning, market research, HR, staff incentives, process mapping, product development/pilot testing, loan portfolio audit
We have provided capacity building support to 25 institutions, out of which 15 received equity/quasi-equity investments from Dia-Vikas. Some high achievers are Cashpor, RGVN, Chaitanya, and ESAF.
Dia-Vikas describes the programme as “an extraordinary success that would have been impossible without the dedication, professionalism and technical capacity of MicroSave”.