Strategic Partners

Over the last decade, MicroSave has emerged as an industry leader in the area of market-led microfinance, contributing significantly to the global debate on the importance of broadening the boundaries of financial service provision to the poor. MicroSave was a founding member of the Product Development Taskforce, which was established by CGAP to promote a coherent and high-quality approach to the development of toolkits and training around this growth area in microfinance (members included representatives from CGAP, USAID’s MBP and AIMS projects, and GTZ). In addition, MicroSave was essentially the operational wing of the CGAP Savings Mobilisation Working Group and the current Programme Director was the Chair of the working group for many years. MicroSave and IIMPS are working together on optimising processes, systems and technology for scaling up delivery of affordable pension and insurance products to urban and rural working poor. New technology-led payment solutions and processes are being field-tested on a pilot-basis in real-life situations prior to adoption and scale up to the ~100 active Micro-Pension districts.

Accion Technical Advisors India
Accion is a global nonprofit dedicated to create economic opportunity by connecting people to the financial tools they need to improve their lives. A world pioneer in microfinance, Accion was founded in 1961 and issued its first micro loan in 1973. Over time, Accion has helped to build 62 microfinance institutions in 31 countries on four continents - Africa, Asia, Latin America and the U.S. These institutions are currently reaching millions of clients. Accion’s vision is to build a financially inclusive world with access to economic opportunity for all. With its Global Training Center, based in Bangalore, Accion is training the next generation of microfinance specialists to deliver industry best practices. Accion has launched its successful Dialogue on Business client education program from Latin America to India, The program aims to help and ensure that consumers of microfinance in India are informed and empowered. IIMPS and ACCION have entered into an MOU for developing field-tested training and certification modules for outreach partner field staff. Over 600 field staff has been trained by ACCION-IIMPS master trainers over the last 6 months.

Invest India Economic Foundation
IIEF was established in 1990 to assist in financial policy analysis and formulation through objective research and education. Over the years, IIEF has worked in the areas of research and development, policy analysis and consulting, institutional capacity building, and financial literacy and public education. IIEF is highly experienced in providing advisory services to Governments and is a valued and respected provider of policy analysis and advice. Indian Ministries and Departments that IIEF has provided policy consulting services to include the Ministry of Social Justice and Empowerment (MoSJE), the Department of Economic Affairs, Department of Financial Services, PFRDA, India Post and National Highways Authority of India (NHAI). IIEF has also provided consulting services to the Asian Development Bank, The World Bank and USAID. IIEF has also served as an advisor to the Government of Nepal on developing Nepal’s national pension policy. Major reports available in the public arena that have been produced in these contexts include the ‘Project OASIS Report’ with the MoSJE that set the benchmark for India ‘s new pension reform and the more recent report on "Harnessing the Postal Network for Financial Inclusion" in partnership with India Post, DEA and DFS.

Changing Lives
field updates

Low income individuals in remote tribal locations at Tamil Nadu are now being enrolled for "micro-pension" in partnership with Centre for Tribal Research and Development (CTRD).

IIMPS and eKutir will jointly assist low income farmers in Odisha to accumulate micro-savings through the Micro-Pension model.