Microfinance industry coming back to life

After more than three years, the microfinance industry is attracting new players. In six-eight months, at least six new microfinance institutions (MFIs) have got membership of industry body MFIN (Micro Finance Institutions Network). The six are Kolkata-based Jagran Microfinance, Mumbai-based Svasti Microfinance and Jagdhan Investment Finance, Bhopal-based Sahayog Microfinance, Lucknow-based Margadarshak Microfinance and Bhubaneswar-based Annapoorna Microfinance.

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