India Collective for Microfinance
India Collective for Micro-Finance (ICMF) was formed as a result of the desire of Indian participants of the Microcredit Summit (Feb 1997) to form a national level netork through which microfinance activities could be coordinated. It is a collective of organizations (governmental, non-governments, banks, donor agencies, experts, research agencies etc.) who have an interest in the use of microfinance as a tool for the removal of poverty in India.
Members of ICMFExecutive Director
Rashtriya Mahila Kosh
4 Deen Dayal Upadhyaya Marg
New Deihi-110 002
392 Vikas Nagar
Annapurna Mahila Mandal
1O Navnit Apts.
125 Rama Murty Rd., Dadar
All India Women Conference
6 Bhagwan Das 3oad
All India Women Conference
Behind DM's Residence
286 Gandhi Colony
Gramina Abhivrudhi Mathu Adhyana (GRAMA)
Vani Nilaya III Cross
2/30 State Bank Colony-II
26 Industrial Area
The common agenda before the ICMF is to devote itself fully in expanding the outreach of credit to the needy poor people, and to remove the difficulties lying in the way of expanfing this outreach. ICMF is not to be involved in actual grant of credit or its recovery. It is to work as an agency to help the grass root level organizations and other outfits in understanding the importance of microcredit, in dssemination of best practicesin this regard and in development of appropriate environment for its growth.
The aims and objectives of ICMF include:
- Translate the Microcredit Summit objective into action
Reaching out to 2 million poor women by 2005 AD directly and teaching the techniques of microfinance chanelisation to NGOs and govt. functionaries to reach an other 2 million women.
To critically review the policy of international institutions, government and NGOs on microfinance and to advocate for prompt and appropriate provision of financial and business services, particularly women.
- Capacity Building
Capacity building of members who in turn would train their clients to successfully manage micro-finance activities and enterprises.
- Collation and dissemination of information and best practices
To collate information on various government and non-government schemes and initiatives supportive of micro finance for the poorest of the poor, as updated from time to time.
To enable the dissemination of information and sharing of experiences and best practices on microfinance through various means, including, but not ristricted to, publications through electronic and other means, newsletters, audio-video communication materials etc.
- Linkages with Agencies
Linkages particularly with international NGOs, multilateral and bilateral donor agencies to further the aims and objectives of microfinance for the poor.
To bring together on a common platform the various organizations and institutions associated with microfinance at an all-India level so as to build a common understanding of the issues related to microfinance through workshops and publications.
- Research and Documentation
To conduct on the subject of microfinance and prepare working plans for extending its outreach particularly with grassroots organizations in mind.
- Action Plan
To establish Regional Collectives for Microfinance (RCMF) as Regional Resource Centres (RRCs) for GOs, NGOs, FIs, and other institutions and organizations that are associated with microfinance with a view to provide training, information dissemination and other support services.
- Dr. Indira Misra
Chairperson - India Collective for Microfinance
Executive Director, Rastriya Mahila Kosh
4, Deen Dayal Upadyaya Marg
New Delhi - 110 002
Tel: +91-11-323-6741 or 323-2686