” If we stop thinking of the poor as victims or as a burden and start recognizing them as resilient and creative entrepreneurs and value conscious consumers, a whole new world of opportunity will open up.”

Dr. C K Prahalad

distinguished management
expert at the University of Michigan, USA, author of "The
Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profits” and Advisory Board member, MFI

Microcredit Foundation of India (MFI) is a not-for-profit Section 25 Company in Tamil Nadu dedicated to promoting entrepreneurship and community level action in rural areas as a means to sustainable economic prosperity. Today MFI works primarily with women. Through its field staff, MFI helps them form Self Help Groups (SHGs), trains them in good financial practice, facilitates access to microcredit loans, equips them with business skills and facilitates access to new markets for their products.

These women produce a large variety of essential products such as milk, farm produce, village crafts and homemade snack foods. Many are engaged in retail trading of groceries and textiles. These enterprises represent a substantial supply resource for semi-urban and urban markets.

We invite companies with interests in procuring or building distribution networks for these products to visit our section on Rural Suppliers.

SHG member base500,000

Villages covered6,500

No. of districts24

No. of offices250

LoansRs.500 crores

disbursed (US$ 120 Million)