District Stakeholders Meet

District Coordination teams along with AMFI-WB Secretariat Personnel visits several Govt. stakeholder offices to share the Annual Report and other information of AMFI-WB and provide insights into microfinance operations in the district.

Some key stakeholders are:

District Magistrate (DM) and Additional District Magistrate (ADM), Superintendent of Police (SP) and Deputy Superintendent of Police (DSP), Additional Superintendent of Police (Additional SP) and Deputy SPs, Sub-Divisional Officer (SDO) and Sub-Divisional Police Officer (SDPO), The SDOs and SDPOs, Municipality Chairman and Executive Officers, Local Police etc.

This meeting aimed to promote cooperation and collaboration among various government stakeholders and address district-specific challenges and concerns within the microfinance and banking sector.

Key objectives of Dist. Stakeholders meet

Snatching and Safety Concerns: Safety and security of MFIs/ banking staffs while conducting their operations in the district and mitigate the risks related to snatching incidents.

Fraud Prevention: Prevention of fraud, both among staff and customers. Strategies to identify and address fraudulent activities within the microfinance sector were explored to safeguard the interests of borrowers and maintain the integrity of the financial system.

Dissemination of Information: Share crucial information from the Annual Report and other relevant data to enhance the understanding of the microfinance sector’s operations within the district. This information dissemination aimed to promote awareness and informed decision-making among stakeholders.

Mutual Learning: The meetings provide a platform for mutual learning and knowledge-sharing among different stakeholders, including government officials, MFIs, and banks. This exchange of insights and experiences a collaborative environment to address challenges effectively.

Overall, the District Stakeholders meet play a crucial role in strengthening the microfinance and banking sector in the district by promoting cooperation, addressing concerns, protecting borrowers’ interests, and ensuring the safety and security of staff and customers.