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Self Reliant, Self Respect, Prosperity through SIDBI's Microfinance

Is the "Business Correspondent Model" effective in bringing microfinance into the mainstream?
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This presentation discusses the implications and challenges of adopting the Small Industries Development Bank of India (SIDBI's) models of microfinance. The presentation:

  • Outlines the role played by microfinance so far;
  • Details the two new models - the Business Facilitator Model (BFM) and the Business Correspondent Model (BCM);
  • Lists their eligibility criteria.

The presentation describes:

  • Methods of developing a BCM;
  • Role of MFIs;
  • Challenges;
  • Risk factors.

The presentation concludes by listing the following measures for risk mitigation:

  • Lenders forums;
  • System improvement;
  • Corporate guarantee;
  • Creation of a separate fund by MFI;
  • Effective capacity building.

About this Publication

By Vikraman, A.
Published