The 9th Eastern India Microfinance Summit 2025 to be organized by AMFI-WB in Association with M2i, Equifax, MFIN & Sa-Dhan

Date:

Share:

The Association of Microfinance Institutions – West Bengal (AMFI-WB) will be organizing the 9th Edition of Eastern India Microfinance Summit 2025 in Association with M2i, Equifax, MFIN & Sa-Dhan. This year the theme of the Summit is Microfinance – On the path to $5 trillion Economy through Women Entrepreneurship & Financial Empowerment. The 9th Eastern India Microfinance Summit 2025 will be held on 10th of January 2025 from 9.00 AM onwards at Biswa Bangla Convention Centre, HIDCO, New Town, Kolkata.

Microfinance is widely recognized as a powerful tool, contributing to and propelling towards achieving sustainable development goals. Its multifaceted roles encompass some of the key aspects instrumental in fostering sustainable development. Through financial inclusion, microfinance democratizes access to capital, empowering marginalized communities and amplifying economic participation. It contributes to poverty alleviation, offering avenues for entrepreneurship and job creation. Microfinance also champions gender equality by providing women with access to financial services. As a catalyst for change, microfinance intertwines financial empowerment with social empowerment, paving the way towards a more inclusive and sustainable future. This year’s session is expected to be attended by the MFI practitioners, regulators and funders to discuss most pertinent issues facing the sector.

India’s ambitious goal to achieve a USD 5 trillion economy by 2027 places key emphasis on the contribution of its three broad sectors: services, manufacturing, and agriculture. Of the targeted GDP, the service sector is expected to contribute USD 3 trillion, while the manufacturing and agriculture sectors are projected to collectively contribute USD 2 trillion. Microfinance and other regulated financial entities are poised to play a crucial role in achieving this target by supporting the financial needs of these sectors, particularly manufacturing and agriculture with special focus on women as entrepreneurs.

The landscape of India’s financial sector is rapidly evolving. Traditionally served by Banks, the financial system has seen the rise of innovative and alternative intermediaries, such as Microfinance institutions (MFIs), Fintech companies, Digital Service providers and a completely new set of innovative and efficient models and products. These organizations are enhancing the flow of credit, financial and other services, particularly to underserved segments of the population, contributing to growth across multiple sectors. The use of advanced technologies in digital financial services, Generative AI is transforming the way services are reached, financial transactions are processed and financial inclusion is achieved, significantly boosting the financial sector’s contribution to India’s economic growth.

An interesting aspect of this financial evolution is the adoption of digital financial services by the base of the pyramid and underserved communities, including those in remote areas. By providing access to financial services, technology is fostering new livelihood opportunities, improving family incomes, social security and offering better access to essential services such as healthcare and education. Additionally, these developments are helping build resilience to climate risks and natural disasters, which are becoming more prevalent in India.

The 9th Eastern India Microfinance Summit in 2025, themed “Microfinance – On a Path to USD 5 Trillion Economy through Women Entrepreneurship and Financial Empowerment,” presents a critical platform for practitioners across various sectors—Banking, Microfinance, Investors, Insurance, Fintech, and Health services—to come together. The summit will provide an opportunity for stakeholders to share insights and collaborate on strategies to contribute toward the overarching goal of building a USD 5 trillion economy, with a special focus on women’s entrepreneurship and financial empowerment as drivers of this transformation. Besides, will provide an opportunity to identify common opportunities for partnership.

Subscribe to our magazine

━ more like this

Bank of Baroda Inaugurates Phygital Branch in Kolkata

Bank of Baroda, one of India’s leading public sector banks, inaugurated its first Phygital Branch in Kolkata at the NSB Airport Branch within the...

From Mystery to Mission: StockGro’s Red Envelope Campaign Captivates Millions of Indians

Over the past week a wave of curiosity swept across India as people began finding mysterious red envelopes in unexpected locations such as in...

ওরিয়ন এন্টারটেইনমেন্ট আয়োজিত “দ্য ভিক্টিমস অফ সুন্দরবনস” এর বিশেষ স্ক্রিনিং

ওরিয়ন এন্টারটেইনমেন্ট প্রযোজিত আন্তর্জাতিক পুরষ্কারপ্রাপ্ত ডকুমেন্টারি শর্ট ফিল্ম "দ্য ভিক্টিমস অফ সুন্দরবনস" এর একটি বিশেষ স্ক্রিনিং হয়ে গেল দক্ষিণ কলকাতার আক্রপোলিস এর সিনেপলিশ এ।...

Ajeemganj to host 10th Edition of Mango Festival from June 1st to June 30th, 2025

Get ready to indulge in the sweetness of mangoes at the Ajeemganj Mango Festival organized by Murshidabad Heritage Development Society (MHDS) and House of...

Malabar Group Allocates INR 150 crore to scale up its CSR Initiatives in 2025-26

Malabar Group, India’s leading business conglomerate and the parent company of Malabar Gold & Diamonds, has allocated INR 150 crore in 2025-26 for scaling...

LEAVE A REPLY

Please enter your comment!
Please enter your name here