Group lending continues to be a very important instrument for financial inclusion. In India, more than 50 million households receive loans from microfinance institutions (MFIs) — primarily through group lending.
A recent study by MFIN (Microfinance Institutions Network) states that the potential market for MFI loans in India is as high as 200 million.
On December 8, we hosted a webinar to unpack the new microfinance regulations that were introduced in India in March, bringing significant changes in the way group lending models operate. In this webinar, we discussed:
- How the new regulations impact the lending model of various institutions
- What the new regulations mean for the group lending model
- How institutions are adapting to the change
- How these changes impact their future
Director, Digital Strategy and Transformation, Accion Global Advisory Solutions
MD & CEO, Dvara KGFS
Head, Self-Regulation & Compliance Officer, MFIN
Managing Director, Belstar Microfinance
Head of Microbusiness, Utkarsh