Groups
$$
Info
MFIs
Banks / Investors
Commercial MFI Model
•As
microfinance proves profitable,
NGOs spin-off or transition
to commercial for-profits
(MFIs)
•Registered
as NBFC (Non-banking
Financial Company)
•Receive
loans and investments
from donors, international
banks and social
venture funds
•In India,
primarily Grameen replicators
(but some promote SHGs
also)
