Posts Tagged ‘ALPHA’

Microfinance Institutions Network through Alpha invests Rs 2 Cr to set up credit bureau

Microfinance Focus, March 9, 2010: Microfinance Institutions Network (MFIN), a self-regulatory organization of 31 Indian NBFC - microfinance institutions, has invested in Alpha Micro Finance Consultants P Ltd (Alpha), which in turn will invest Rs. 2 Crore (INR 20 million) in setting up a credit bureau to improve credit risk management within the sector and ensure multiple borrowing and over indebtedness is checked. Working with CIBIL ... Full story

Indian NBFCs Microfinance Network MFIN to assess their transparency level, sources

Microfinance Focus, Feb 22, 2010: Microfinance Institutions Network (MFIN), a newly formed body of NBFC-MFIs in India has decided to carry out an in-depth study of the status and level of transparency in its network members and suggest measures to improve the situation, if required, said sources in the industry. MFIN is planning to conduct the study in association with Microfinance Transparency (MFTransparency), a global initiative ... Full story
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