Building creditworthy MFIs: MSC’s support to RBS-FI, Dia Vikas, and Rabobank Foundation

• Dec 28, 2023
• 1 min

MSC supported RBS Foundation India (RBS-FI), Dia Vikas, and Rabobank Foundation to build robust and creditworthy microfinance institutions (MFIs) in India. We supported more than 50 MFIs to scale up their operations, improve operational efficiency, develop a robust risk management system, and increase the number of loans to unbanked communities.

MSC supported RBS-FI, Dia Vikas, and Rabobank Foundation to build robust and creditworthy MFIs in India. We conducted multiple technical assistance programs to provide handholding support to microfinance institutions (MFIs) to build capacity, map processes, and develop product. Our support also included market research, HR and risk management, documentation and dissemination, internal audit and control, strategic business planning, business and private financing, and pilot testing, among other areas.

We developed and successfully implemented various training programs and toolkits in partner MFIs. We supported more than 50 MFIs to scale up their operations and improve operational efficiency.

The MFIs became more comfortable accessing funds. We also supported the MFIs to develop a robust risk management system, and increase the number of loans to unbanked communities.

Dia Vikas, one of the program funders, described the program as “an extraordinary success that would have been impossible without MSC’s dedication, professionalism, and technical capacity.”