Microfinance Community, Solution Exchange India

What is Microfinance CoP?

Microfinance Community of Practice was launched in October 2006. The community is facilitated by United Nations Development Programme (UNDP) and having around 4000 members from banks, donor agencies, and community based organizations, civil society institutions, microfinance Institutions (MFIs), Associations and networks of Microfinance.

Microfinance community works as a powerful instrument of knowledge sharing to develop individual and organizational capacities and strengthen policy environment to reduce poverty through microfinance initiatives and innovations leading to enhance financial inclusion.

Till date, more than 300 knowledge products including consolidated replies, updates, reports of roundtables and workshops, Action group reports, Ready Reckoner, Synthesis documents are produced and disseminated by Microfinance community.

Microfinance Community undertakes eight types of activities and services - Virtual Knowledge Sharing Services; Regular Information Services; Knowledge to Practice Services (Virtual and Non Virtual Activities); Research Based Activities; Publication Services; Key Information / Resource Services; Face to Face Events; and Networking Services.

Launch of new Sub-community of Practice ‘Inclusive Skilling and Employment' created under the aegis of the Microfinance Community of Practice, UN Solution Exchange

Launching new sub-community of practice ‘Inclusive Skilling and Employment' created under the aegis of the Microfinance Community of Practice, UN Solution Exchange and the United Nations Development Programme - Ministry of Rural Development (UNDP-MoRD) partnership on 15 July 2016 which is observed as The World Youth Skills Day.

The main objective of the sub-community isto facilitate sharing of knowledge and information, mine insights, experiences and best practices in the domain of skills and employment from initiatives in India and across the world and contribute to the broader goal of skilling youth of the country.    

What is Solution Exchange?

Launched in 2005, Solution Exchange India is an online platform that facilitates knowledge sharing and learning amongst people, practitioners and communities dedicated to addressing development challenges in India. Run by the United Nations in India online groups, called communities of practice, the platform enables members of academia, non-governmental organizations, grassroots practitioners and government researchers to share experiences and best practices, build partnerships, learn about the latest technologies that can help advance change and brainstorm with peers towards solutions that can improve the lives of the poorest and most marginalized.

Launched in 2005, Solution Exchange India (SE) is an online platform that facilitates knowledge sharing and learning amongst people, practitioners and communities dedicated to addressing development challenges in India. Run by the United Nations in India, online groups, called CoP, the platform enables members of academia, non-governmental organizations, grassroots practitioners, researchers and the government functionaries to share experiences and best practices, build partnerships, learn about the latest technologies that can help advance change and brainstorm with peers towards solutions that can improve the lives of the poorest and most marginalized. 

How does it work?

SE works through 12 thematic ‘Communities of Practice’ (CoP) that focus on connecting practitioners; tapping knowledge; disseminating experiences; facilitating feedback; seeding ideas; replicating good practices; and catalyzing collaborations. Everyone in a CoP belongs to a mail-group, facilitated by a resource team located in a UN Agency, which helps members to connect, share and collaborate virtually as well as face-to-face. 

Who can become a Member?

Microfinance CoP members are practitioners from a wide range of public and private organizations who share an interest in decentralization and local governance. These include Government and semi-government functionaries; elected representatives at all tiers of local governance, both rural and urban; representatives of multilateral and bilateral donor agencies; students; NGO workers; academicians, researchers and independent professionals.

To join the CoP or get further details, write to se-mf@solutionexchange-un.net.in

Events

Discussing social inclusion and social development at a national roundtable on National Rural Livelihoods Mission
9 December 2015:
The micro finance community of practice (CoP) conducted a query-based roundtable discussion on the National Rural Livelihood Mission to share their experiences and best practices of the social inclusion and social development interventions. Find the discussion here

Dissemination workshop on a UNDP study on financial cooperatives in India
14 October, 2015 :
The workshop highlighted the key results of the study on financial cooperatives, commissioned by UNDP, to various stakeholders, including government and civil society organisations. The study shares  experiences of cooperatives at the primary, district and state level from Assam, Karnataka, Maharashtra and Uttarakhand and presents learnings of successful financial cooperatives.  The study also recommends strategies to enable cooperatives to play a role as strong financial institutions. Click here to download the study report.

Launch of Project FLY: Financial Literacy & You – A UNDP Pilot Initiative

Launch of Project FLY: Financial Literacy & You – A UNDP Pilot Initiative
15 June 2015:
The Project in partnership with BSE-Investors’ Protection Fund and VOICE aims to empower adolescents in urban slums through a financial literacy and inclusion program kick started at an inaugural event organised on 15 June 2015 at Kusumpur Pahari, one of the biggest urban slum in Delhi. The various non-government organisations and civil society organisations working with adolescents in the domain of skills and financial literacy also attended the launch. 

Roundtable on State of the Sector Report 2013 – Microfinance

Roundtable on State of the Sector Report 2013 – Microfinance
19 August 2013, New Delhi - A roundtable to discuss the State of the Sector Report (SOS) report– Microfinance, a report that covers not only the status of microfinance in India but also the issues, innovations, models and practices involved in the sector, was organized by the Microfinance Community of the Solution Exchange, United Nations.