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Building Human Resource for the Microfinance Sector. The Bharat Microfinance at a Glance by K. Balasubramanyam (bala@sa-dhan.org) General Manager, Sa-Dhan Hyderabad, 19 Feb 2009. A Snapshot of Sa-Dhan. A Snapshot of Sa-Dhan.
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Building Human Resource for the Microfinance Sector The Bharat Microfinance at a Glance by K. Balasubramanyam (bala@sa-dhan.org) General Manager, Sa-Dhan Hyderabad, 19 Feb 2009
A Snapshot of Sa-Dhan A Snapshot of Sa-Dhan • Founded in 1998 by Smt. Ela Bhatt (SEWA Bank) together with Vijay Mahajan (BASIX) & others. • Over 20 publications besides sector reports since 2003 (see www.sa-dhan.org). • Publishes Annual Sector Reports since 2004, tracking benchmarks for 6 Financial Ratios. • Code of Conduct for member-MFIs (see www.sa-dhan.org) being implemented since 2007. • Publishes Quick-Data – the timeliest reporting of any part of India’s financial sector – since 2007. • Trained over 300 junior and senior managers of MFIs. • Facilitated debate on the legislative framework – now Parliament. • Initiated Diploma for microfinance practitioners with IIBF and Accounting Standards with ICAI Over 300 members 2012-13 196 members 2007-08 150 members 2005-06 54 members 2001-02
A Snapshot of Sa-Dhan A Snapshot of Sa-Dhan • Founded in 1998 by Smt. Ela Bhatt (SEWA Bank) together with Vijay Mahajan (BASIX) & others. • Over 20 publications besides sector reports since 2003 (see www.sa-dhan.org). • Publishes Annual Sector Reports since 2004, tracking benchmarks for 6 Financial Ratios. • Code of Conduct for member-MFIs (see www.sa-dhan.org) being implemented since 2007. • Publishes Quick-Data – the timeliest reporting of any part of India’s financial sector – since 2007. • Trained over 300 junior and senior managers of MFIs. • Facilitated debate on the legislative framework – now Parliament. • Initiated Diploma for microfinance practitioners with IIBF and Accounting Standards with ICAI Over 300 members 2012-13 196 members 2007-08 150 members 2005-06 54 members 2001-02
Way forward: Expanding choice, linkages, ambition Insurance Products / Schemes (MFIs, SHGs, banks, government) Livelihood / enterprise finance and asset loans (MFIs, cooperatives banks) Savings (Banks, SHG, Cooperatives) Microfinance Products Individual Loans (MFIs, cooperatives, banks) Emergency Loans (e. g. “top up”) (MFIs, Bank, cooperatives, other informal sources)
How many ADDITIONAL jobs will Indian MFIs and SHG-Federations create in the next 5 years? Between 75,000* and 178,500** Senior Management Branch & Area Managers Accountants, Analysts, Product Specialists Credit Officers and/or Livelihood Officers Field Support staff (e. g. savings collectors, SHG book keepers, data entry staff)
Building Human Resource for the Microfinance Sector Thank you very much for your attention. I am looking forward to answering any questions K. Balasubramanyam (bala@sa-dhan.org) General Manager, Sa-Dhan