AMFI WB is one of the oldest microfinance associations in India, established in 2006 and registered as a public trust in 2010, with a dedicated focus on West Bengal, one of the biggest microfinance markets in the country. The Association serves as a unified platform for community Microfinance Institutions operating in the state. Membership in AMFI-WB provides organizations with the credibility of being associated with a recognized Self-regulatory industry body committed to promoting responsible finance, strengthening governance and building a stronger microfinance ecosystem.
The association has primary (lenders who write loans on their own balance sheet), secondary (those who facilitate business on others books), associates (entities associated with microfinance activities) and special members (members of high esteem & repute), creating a diverse and collaborative ecosystem for the industry.
- Field coverage: AMFI WB has extensive field coverage with a team of officers across all the districts in West Bengal with regular lender interactions through district meetings, reported issue investigations, troubleshooting, and update meetings with administration like DM & SP, SDO etc. The takeaways from all these interactions are then communicated to the right level at the lenders for information and appropriate action.
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